Vernon

Town · British Columbia · Population 44,519

Housing and jobs

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

9 · Poor

Average monthly rent$1,298/month

BC: $1,494/month · Canada: $1,209/month · 2006: $893/month (estimated) · 2016: $1,098/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$846/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,234/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,607/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,826/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$524,000

BC: $785,000 · Canada: $472,000 · 2016: $385,906 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing24.4%

BC: 25.5% · Canada: 20.9% · 2006: 29% (estimated) · 2016: 27% · Statistics Canada, 2021

68 · Good

Median household income$73,500

BC: $85,000 · Canada: $84,000 · 2006: $59,596 (estimated) · 2016: $64,229 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)11%

BC: 7.6% · Canada: 5.2% · 2016: 5.1% · Statistics Canada, 2021

Unemployment rate8.2%

BC: 8.4% · Canada: 10.3% · 2006: 6.2% (estimated) · 2016: 8% · Statistics Canada, 2021