Summerside

Neighbourhood in Edmonton · Alberta · Population 16,760

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Housing and jobs

Housing costs, rents, incomes and jobs in Summerside, with comparisons and sources.

Affordability

33 · Below average

Average monthly rent$1,617/month

Edmonton: $1,302/month · Canada: $1,209/month · 2006: $1,167/month (estimated) · 2016: $1,733/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,108/month

City-wide figure for Edmonton · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,301/month

City-wide figure for Edmonton · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,598/month

City-wide figure for Edmonton · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,802/month

City-wide figure for Edmonton · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.9%

City-wide figure for Edmonton · CMHC, 2025

Median dwelling value (owner-estimated)$465,740

Edmonton: $384,000 · Canada: $472,000 · Estimated · 2016: $488,692 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing22.3%

Edmonton: 24.3% · Canada: 20.9% · 2006: 24% (estimated) · 2016: 18.6% (estimated) · Statistics Canada, 2021

Economy

61 · Good

Median household income$130,331

Edmonton: $90,000 · Canada: $84,000 · Estimated · 2006: $96,411 (estimated) · 2016: $134,129 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)8.3%

Canada: 5.2% · City-wide figure for Edmonton · Statistics Canada, 2021

Unemployment rate9.8%

Edmonton: 12.7% · Canada: 10.3% · 2006: 4.2% (estimated) · 2016: 7.6% (estimated) · Statistics Canada, 2021