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Thunder Bay rent levels

Listings 2026-05-092026-08-06 · 315 of them · official data 20102025

Buy-to-rent calculator

This page is written for students and newcomers who have just arrived or are about to, and it answers one specific question: what your budget actually gets you, and how many places a week you get to choose from. The data is what our bot scrapes daily from Kijiji, RentPanda and others — 315 listings over the last 90 days. The official survey sits further down as long-run context: it comes out once a year and covers only purpose-built apartment buildings, which is mostly not the kind of place you will be renting.

Listings over the last 90 days

$1,625

Median asking rent

last 90 days

315

Listings on the market

across 4 platforms

$700

Cheapest tenth

mostly rooms in shared houses

$2,500

Dearest tenth

mostly whole detached houses

What listings are asking

Each bar counts the listings inside a $250price band. The dashed lines are CMHC's official averages — the official “average” lands mid-distribution and covers neither end: to its left are rooms in shared houses, which the official definition does not count at all; to its right are whole detached houses.

Kijiji 225RentPanda 82Zillow 4Zumper 4

These are asking prices, not signed rents, and they carry a bias you cannot scrape away: good places are gone in days, so what stays listed skews expensive or hard to rent, and the median with it. Only 84 of these 315 listings state the layout, which is why this page does not break asking prices down by bedroom count.

How much choice your budget buys

“Average rent” is no use when you are arriving with a fixed budget — what you need to know is how many places at that price appear in a week. The bands below count exactly that, at a rate worked out over the 57 days we actually have data for.

BudgetIn 90 daysPer weekShare of all
Up to $700435.314%
Up to $900789.625%
Up to $11009311.430%
Up to $130012014.738%
  • At this price there are almost no self-contained units. Of the 78 listings under $900, only 4 state a layout — the rest are overwhelmingly rooms in shared houses or basement units, not an apartment of your own.
  • And they are nearly all on one platform. 68 of those 78 come from Kijiji, with 10 on RentPanda. On a tight budget, don't look only at the polished rental sites — the cheap places are not there.
  • We can't see all of it either.Facebook groups, WeChat groups and the schools' off-campus boards carry listings we never scrape, so the real choice is wider than the table — but those channels depend on already being here and being plugged in.

The long run (official data)

A few months of listings cannot answer “how much has this gone up”. For that, CMHC's survey: a two-bedroom went from $772 in 2010 to $1537 in 2025 — up 99% over 15 years.

Average rent (CAD/month)

View the data table
Thunder Bay average rent by unit type, 2010–2025
YearBachelor1 bedroom2 bedroom3 bedroom
2010$516$645$772$941
2011$529$664$787$981
2012$542$699$836$1,047
2013$585$731$875$1,060
2014$592$759$904$1,114
2015$626$769$931$1,170
2016$632$782$950$1,216
2017$660$794$962$1,138
2018$682$840$1,050$1,317
2019$741$878$1,093$1,376
2020$753$907$1,109$1,271
2021$769$954$1,103$1,286
2022$768$991$1,179$1,539
2023$848$1,086$1,352$1,738
2024$857$1,182$1,478$1,929
2025$1,026$1,213$1,537$1,913

Where to look

Listings: scraped daily by our rental bot from Kijiji, RentPanda, Zumper, Zillow and Rentals.ca, deduplicated per property, with obviously wrong prices (under $200 or over $10,000) dropped. These are asking prices, usually above what the place actually rents for, and they say nothing about whether utilities are included — the original listing governs before you sign.

Official data: Statistics Canada / CMHC Rental Market Survey, table 34100133(average rent), covering “Apartment structures of six units and over” — that is, apartment buildings of six units or more, and no detached, semi-detached or small-scale rentals. It is surveyed each October and published early the following year, which is why the latest year available is 2025. Fetched 2026-08-04.

Published 2026-08-06 · data updated 2026-08-06 · lakebbs editorial