Cheapest Neighborhoods In Thunder Bay, ON To Buy A House

Like any large city, home prices in Thunder Bay have continued to increase over the years. Fortunately, there are still some neighborhoods in Thunder Bay that offer some affordable housing options. These are the cheapest neighborhoods in Thunder Bay for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Thunder Bay.

Current River
Population 4,744
-23%
Median Home Value $508,759
23% less expensive than Thunder Bay
Academy Heights
Population 2,921
-21%
Median Home Value $520,795
21% less expensive than Thunder Bay
County Park
Population 3,367
-20%
Median Home Value $530,353
20% less expensive than Thunder Bay
College Heights
Population 5,476
-14%
Median Home Value $570,826
14% less expensive than Thunder Bay
Westfort
Population 8,256
-10%
Median Home Value $596,775
10% less expensive than Thunder Bay
Northwood
Population 14,017
-9%
Median Home Value $603,661
9% less expensive than Thunder Bay
Westfort Village
Population 1,122
-7%
Median Home Value $613,516
7% less expensive than Thunder Bay
East End
Population 1,446
-7%
Median Home Value $613,978
7% less expensive than Thunder Bay
Vickers Park
Population 4,317
-4%
Median Home Value $631,861
4% less expensive than Thunder Bay
West End
Population 4,142
-3%
Median Home Value $642,247
3% less expensive than Thunder Bay

Thunder Bay neighborhoods

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Best Neighborhoods in Thunder Bay for Singles Neighborhood Neighborhood
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Most Expensive Neighborhoods in Thunder Bay
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