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AreaScore

Housing and jobs

Housing costs, rents, incomes and jobs in Sherwood No. 159, with comparisons and sources.

Affordability

26 · Below average
Average monthly rent$1,100/month

SK: $1,095/month · Canada: $1,209/month · 2006: $1,047/month (estimated) · 2016: $0/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$901/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,240/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,478/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,900/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.2.7%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$428,000

SK: $300,000 · Canada: $472,000 · 2016: $432,220 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing14.9%

SK: 17.2% · Canada: 20.9% · 2006: 17.9% (estimated) · 2016: 15.7% (estimated) · Statistics Canada, 2021

Economy

92 · Excellent
Median household income$109,000

SK: $82,000 · Canada: $84,000 · 2006: $81,735 (estimated) · 2016: $99,705 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)25.2%

SK: 3.1% · Canada: 5.2% · Statistics Canada, 2021

Unemployment rate4.9%

SK: 8.4% · Canada: 10.3% · 2006: 3.3% (estimated) · 2016: 0% (estimated) · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.