A
60%
Med. Home Val. NAT. AVG.
42%
Rent NAT. AVG.
2%
Owner Occ. NAT. AVG.
Search Homes for Sale

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.

Most Affordable Places to Live in and Around Thunder Bay

See all the best places to live around Thunder Bay

Compare Thunder Bay, ON Housing

City Image
    City Default Image
      vs
      How would you rate real estate in Thunder Bay?
      Write a review to give others more information about this area.
      How would you rate rentals in Thunder Bay?
      Write a review to give others more information about this area.
      See all Thunder Bay poll results

      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).