A
60%
Med. Home Val. NAT. AVG.
42%
Rent NAT. AVG.
2%
Owner Occ. NAT. AVG.
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Thunder Bay Housing Information

IndexThunder BayOntarioNational
Median home price$264,538$821,624$659,395
Median rent asked$1,236$2,456$2,146
Avg. people per household2.22.62.5
Owner occupied households69.3%69.3%67.6%
Renter occupied households30.7%30.5%32.0%

Housing Quick Facts

  • The median home price in Thunder Bay is 60% lower than the national average.
  • The median rent asked in Thunder Bay is 42% lower than the national average.
  • The average number of people per household in Thunder Bay is 12% lower than the national average.
  • The number of owner occupied households in Thunder Bay is 2% higher than the national average.
  • The number of renter occupied households in Thunder Bay is 4% lower than the national average.

Compare Thunder Bay, ON Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Fort William 52, ON1,071n/a 
      Oliver Paipoonge, ON6,433$392,00041%
      Thunder Bay, ON111,499$264,53860%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Delta, BC112,691$1,017,00054%
      St. John's, NL109,566$332,00050%
      Red Deer, AB107,873$436,00034%
      Strathcona County, AB106,316$736,00012%
      Chatham-Kent, ON105,414$479,00027%
      Thunder Bay, ON111,499$264,53860%
      Source: The Thunder Bay, ON housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).