B-
232%
Med. Home Val. NAT. AVG.
100%
Rent NAT. AVG.
14%
Owner Occ. NAT. AVG.
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Oak Bay Housing Information

IndexOak BayBritish ColumbiaNational
Median home price$2,190,000$960,433$659,395
Median rent askedn/a$2,529$2,146
Avg. people per household2.22.52.5
Owner occupied households76.9%67.5%67.6%
Renter occupied households23.1%32.3%32.0%

Housing Quick Facts

  • The median home price in Oak Bay is 232% higher than the national average.
  • The median rent asked in Oak Bay is 100% lower than the national average.
  • The average number of people per household in Oak Bay is 12% lower than the national average.
  • The number of owner occupied households in Oak Bay is 14% higher than the national average.
  • The number of renter occupied households in Oak Bay is 28% lower than the national average.

Most Affordable Places to Live in and Around Oak Bay

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Compare Oak Bay, BC Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Malahat 11, BC179n/a 
      East Saanich 2, BC1,787n/a 
      New Songhees 1A, BC1,935n/a 
      Becher Bay 1, BC105n/a 
      South Saanich 1, BC860n/a 
      Oak Bay, BC18,885$2,190,000232%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Greater Vancouver A, BC18,924n/a 
      Sainte-Catherine, QC19,000n/a 
      Midland, ON18,769$590,00011%
      Port Alberni, BC19,018n/a 
      Saint-Colomban, QC19,057n/a 
      Oak Bay, BC18,885$2,190,000232%
      Source: The Oak Bay, BC housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).