Summerside

Town · Prince Edward Island · Population 16,001

Housing and jobs

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

38 · Below average

Average monthly rent$932/month

PE: $996/month · Canada: $1,209/month · 2006: $805/month · 2016: $879/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$963/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,241/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,057/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$250,000

PE: $300,000 · Canada: $472,000 · 2016: $164,958 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing18.6%

PE: 15.5% · Canada: 20.9% · 2006: 22.4% · 2016: 22.8% · Statistics Canada, 2021

53 · Average

Median household income$63,200

PE: $73,500 · Canada: $84,000 · 2006: $53,760 · 2016: $56,426 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.8%

PE: 8% · Canada: 5.2% · 2016: 0.5% · Statistics Canada, 2021

Unemployment rate10.3%

PE: 10.3% · Canada: 10.3% · 2006: 12.3% · 2016: 11.3% · Statistics Canada, 2021