Is Housing Affordable in Canada?

Finding a place to live is one of the most important parts of your settlement journey in Canada. Housing needs change as you move from pre-arrival planning to post-arrival settlement (finding long-term housing or even homebuying). This hub brings together the essential stages, practical FAQs, and key housing terms every newcomer should know.
This page acts as your starting point for housing in Canada, linking you to detailed guides for each stage of the settlement journey, FAQs, and practical definitions to help you navigate with confidence.

Frequently Asked Questions about Housing Affordability

Which Canadian cities are most affordable?

The most affordable cities are typically outside major urban centres. Cities like Fredericton, New Brunswick, often have lower housing costs compared to Toronto or Vancouver, making them attractive for newcomers seeking affordability.

What percentage of my income should go to rent?

A common rule in Canada is to spend no more than 30% of your gross income on rent. This helps ensure that you can cover other costs, such as food, transportation, and savings.

How does cost of living affect housing affordability?

The cost of living directly affects housing affordability;  higher expenses for food, transportation, and utilities reduce the portion of your income you pay for rent or a mortgage, making housing feel less affordable in expensive cities.

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