Labrador City, NL Housing Statistics

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16%

Med. Home Val. NAT. AVG.

59%

Rent NAT. AVG.

17%

Owner Occ. NAT. AVG.

Labrador City Housing Information

Index	Labrador City	Newfoundland and Labrador	National
Median home price	$561,193	$334,507	$665,961
Median rent asked	$887	$1,041	$2,146
Avg. people per household	2.3	2.3	2.5
Owner occupied households	79.0%	76.0%	67.6%
Renter occupied households	21.0%	23.8%	32.0%

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Housing Quick Facts

The median home price in Labrador City is 16% lower than the national average.
The median rent asked in Labrador City is 59% lower than the national average.
The average number of people per household in Labrador City is 8% lower than the national average.
The number of owner occupied households in Labrador City is 17% higher than the national average.
The number of renter occupied households in Labrador City is 34% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Fermont, QC	2,107	$424,877	36%
Wabush, NL	1,841	$563,999	15%
Labrador City, NL	7,007	$561,193	16%

Cities with similar population

	Population	Home Price	National Avg.
Chatsworth, ON	6,972	$696,108	5%
Cramahe, ON	6,971	$658,433	1%
Cumberland, Subd. B, NS	7,048	$423,831	36%
Asbestos, QC	6,948	$464,181	30%
Saint-Apollinaire, QC	7,067	$432,839	35%
Labrador City, NL	7,007	$561,193	16%

Source: The Labrador City, NL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.