Prince George housing: rent and home prices
What it costs to rent or buy in Prince George, how many homes there are, and how fast new ones are being built.
What these numbers tell you
Use the dates and coverage notes to compare like with like. Advertised rents, rents paid by existing tenants and assessed property values describe different parts of the housing market.
Terms explained
- Median
- The middle value, rather than the average.
- Vacancy rate
- The share of rental units counted as vacant in the source survey.
- Housing starts
- New homes where construction has started; these are not necessarily ready to occupy.
At a glance
Average 2-bedroom rent
$1,422/mo
+12.1% in a year, +46% in 5 years
Average house sale price, 2025
$537,028
825 detached houses sold. First half of 2026: $542,905
Typical assessed house value
$459,000
+2% on the year. Condos and townhouses: $273,000
Housing starts, 2025
422
148 in 2026 to August. 10-year average 418
Provincial housing target, 5 years
37%done
663 of 1,803 net new homes since Aug 2024
Households who rent
31.9%
10,130 renter and 21,665 owner households. BC: 32.9% rent
Homes
Prince George is a city of houses: most homes are single-detached, owned, and built in the 1960s and 70s boom. Figures are from the 2021 Census, the most recent count of every home.
Occupied by usual residents
31,793
+5.1% since 2016 (30,236)
British Columbia
- Single-detached house58.1% 18,470
- Apartment, under 5 storeys14.9% 4,740
- Suite or flat in a duplex7.8% 2,470
- Mobile or movable home7.5% 2,375
- Row house or townhouse5.8% 1,845
- Semi-detached house4.1% 1,295
- Apartment, 5+ storeys1.8% 575
- Other attached house0.1% 30
58% single-detached and 17% apartments. 2,375 mobile homes (7.5%, about 3 times the BC share of 2.5%).
Source: Statistics Canada, 2021 Census Profile (100% data), as of May 2021. Report a data problem
- Own 68.1% 21,665
- Rent 31.9% 10,130
- BC owners 67.1%
- Owners with a mortgage
- 64%
- BC 57.5%
- Renters in subsidized housing
- 11.6%
- BC 11.0%
- Crowded (not suitable)
- 3.5%
- BC 6.0%
British Columbia
- 1 person29.6% 9,420
- 2 persons35.3% 11,210
- 3 persons15.1% 4,815
- 4 persons12.8% 4,060
- 5 or more persons7.2% 2,290
Source: Statistics Canada, 2021 Census Profile (25% sample), as of May 2021. Report a data problem
Age of housing
62% of homes were built before 1981 (BC: 40%). Only 7.2% date from 2011 to 2021.
Show the table
| Built | Homes | Share | BC share |
|---|---|---|---|
| 1960 or before | 3,340 | 10.5% | 12.5% |
| 1961 to 1980 | 16,270 | 51.2% | 27.0% |
| 1981 to 1990 | 3,505 | 11.0% | 14.2% |
| 1991 to 2000 | 4,390 | 13.8% | 16.5% |
| 2001 to 2005 | 885 | 2.8% | 6.0% |
| 2006 to 2010 | 1,120 | 3.5% | 8.0% |
| 2011 to 2015 | 845 | 2.7% | 6.6% |
| 2016 to 2021 | 1,435 | 4.5% | 9.1% |
Source: Statistics Canada, 2021 Census Profile (25% sample), as of May 2021. Report a data problem
British Columbia
- No bedrooms0.7% 225
- 1 bedroom8.5% 2,705
- 2 bedrooms22.0% 6,985
- 3 bedrooms30.2% 9,610
- 4 or more bedrooms38.6% 12,265
Source: Statistics Canada, 2021 Census Profile (25% sample), as of May 2021. Report a data problem
Rents and vacancy
Average rents for purpose-built rental apartments and townhouses (three units and up) in the Prince George area, from CMHC’s October survey. Asking rents for vacant units and rented condos or basement suites are usually higher.
2-bed rent rank of 14 BC centres (1st = dearest)
9th
5 of 13 others grew faster since 2020
Average rent by size
Show the table
| October | Bachelor | 1 bed | 2 bed | 3+ bed | Vacancy |
|---|---|---|---|---|---|
| 2025 | $940 | $1,214 | $1,422 | $1,553 | 4.4% |
| 2024 | $870 | $1,089 | $1,268 | $1,270 | 2.7% |
| 2023 | $770 | $1,001 | $1,224 | $1,399 | 3.0% |
| 2022 | $732 | $937 | $1,124 | $1,116 | 4.0% |
| 2021 | $715 | $836 | $1,026 | $1,147 | 2.2% |
| 2020 | $678 | $780 | $972 | $1,040 | 3.1% |
| 2019 | $644 | $772 | $932 | $1,004 | 2.8% |
| 2018 | $638 | $734 | $883 | $1,012 | 3.8% |
| 2017 | $624 | $708 | $857 | $979 | 3.7% |
| 2016 | $592 | $693 | $840 | $959 | 4.1% |
| 2015 | $580 | $673 | $806 | $920 | 4.4% |
| 2014 | $565 | $655 | $787 | $924 | 2.9% |
| 2013 | $552 | $641 | $766 | $881 | 3.8% |
| 2012 | $530 | $623 | $748 | $853 | 4.0% |
| 2011 | $517 | $609 | $732 | $824 | 5.0% |
| 2010 | $500 | $599 | $708 | $816 | 7.8% |
| 2009 | $505 | $600 | $690 | $787 | 7.6% |
| 2008 | $516 | $600 | $690 | $821 | 3.9% |
| 2007 | $501 | $556 | $640 | $822 | 1.9% |
| 2006 | $469 | $537 | $619 | $676 | 2.6% |
| 2005 | $421 | $492 | $568 | $637 | 3.1% |
| 2004 | $416 | $480 | $572 | $625 | 9.7% |
| 2003 | $406 | $485 | $567 | $606 | 10.3% |
| 2002 | $397 | $474 | $557 | $610 | 11.9% |
| 2001 | $413 | $479 | $567 | $613 | 12.2% |
| 2000 | $419 | $481 | $562 | $597 | 15.3% |
Source: Canada Mortgage and Housing Corporation Rental Market Survey, via Statistics Canada table 34-10-0133 and 34-10-0128, as of October 2025. Report a data problem
Rental vacancy rate
Apartment structures of six units and over. Around 3% is often described as a balanced rental market; below that, renters have little choice.
Source: Canada Mortgage and Housing Corporation Rental Market Survey, via Statistics Canada table 34-10-0133 and 34-10-0128, as of October 2025. Report a data problem
Two-bedroom rent around BC
Average rent for a two-bedroom purpose-built rental, October 2025. Prince George is highlighted.
Show the table with growth since 2020
| Centre | 2020 | 2025 | Change |
|---|---|---|---|
| Vancouver | $1,799 | $2,364 | +31% |
| Victoria | $1,505 | $2,121 | +41% |
| Kelowna | $1,368 | $2,098 | +53% |
| Nanaimo | $1,263 | $1,895 | +50% |
| Kamloops | $1,213 | $1,673 | +38% |
| Vernon | $1,175 | $1,607 | +37% |
| Cranbrook | $866 | $1,472 | +70% |
| Williams Lake | $903 | $1,455 | +61% |
| Prince George | $972 | $1,422 | +46% |
| Quesnel | $807 | $1,226 | +52% |
| Terrace | $946 | $1,205 | +27% |
| Dawson Creek | $1,063 | $1,202 | +13% |
| Fort St. John | $1,007 | $1,196 | +19% |
| Prince Rupert | $1,135 | $1,154 | +2% |
Source: CMHC Rental Market Survey, via Statistics Canada table 34-10-0133, as of October 2025. Report a data problem
Province-wide and national averages are not in this Statistics Canada table; see the CMHC Housing Market Information Portal for them.
Home prices
Three different numbers answer “what does a house cost”. They measure different things, so they don’t match.
Average sale price, detached house, 2025
$537,028
+4.3% on 2024, +32% since 2020. What buyers actually paid on MLS®, averaged; big and acreage homes pull it up.
Typical assessed value, single-family
$459,000
$451,000 a year earlier. BC Assessment's estimate of market value on July 1, 2025 for a typical house, used for property tax.
Median value, owner-estimated, 2021
$400,000
BC: $785,000. What owners told the census their home was worth (all home types). Average $404,800.
Average detached house sale price
Show the table
Average selling price of residential detached houses sold through the MLS® in the City of Prince George, year to date. Each year uses the figure from the board's most recent release that reports it. An average is pulled up by large or acreage homes; it is not the value of a typical home.
Source: BC Northern Real Estate Board, quarterly and year-end news releases (MLS® reported sales, residential detached houses, City of Prince George), as of June 30, 2026. Report a data problem
Median house price by area
Single-family homes sold on MLS®, January to June 2026 and all of 2025.
| Area | H1 2026 | 2025 |
|---|---|---|
| West of the bypass | $473,796119 sold | $469,450238 sold |
| East of the bypass | $399,50086 sold | $419,500152 sold |
| North (the Hart) | $622,00092 sold | $577,000183 sold |
| Southwest | $585,000123 sold | $600,000238 sold |
- Sales, all property types
- 680
- January to June 2026, 691 a year earlier
- For sale on June 30
- 778
- listings of all types
Source: BC Northern Real Estate Board, Q2 2026 and 2025 year-end releases, as of June 30, 2026. Report a data problem
Assessed values, 2026 roll
| Typical home | 2025 roll | 2026 roll | Change |
|---|---|---|---|
| Prince George, single-family | $451,000 | $459,000 | +2% |
| Prince George, strata (condo or townhouse) | $265,000 | $273,000 | +3% |
| Vanderhoof, single-family | $335,000 | $337,000 | +1% |
| McBride, single-family | $213,000 | $237,000 | +11% |
| Mackenzie, single-family | $173,000 | $184,000 | +6% |
Look up any property’s assessment at bcassessment.ca.
Source: BC Assessment, North Central BC 2026 property assessments news release, as of July 1, 2025 (released January 2, 2026). Report a data problem
New builds
Since 2018 just over half of new homes in the Prince George area have been apartments, and most apartment starts are built to rent. Starts count homes where construction began.
Housing starts, 2025
422
113 single-detached, 241 apartments
Housing starts by who they're for
Prince George census agglomeration (the city and nearby rural areas). 2026* covers January to August. Homeowner means built for the person who will live in it, usually a single-detached house.
Show the table by type of home
| Year | Total | Single | Semi | Row | Apartment | Rental |
|---|---|---|---|---|---|---|
| 2026* | 148 | 72 | 14 | 6 | 56 | 44 |
| 2025 | 422 | 113 | 8 | 60 | 241 | 188 |
| 2024 | 559 | 105 | 14 | 13 | 427 | 369 |
| 2023 | 202 | 94 | 16 | 42 | 50 | 53 |
| 2022 | 451 | 150 | 6 | 32 | 263 | 287 |
| 2021 | 665 | 176 | 8 | 49 | 432 | 446 |
| 2020 | 452 | 173 | 6 | 58 | 215 | 261 |
| 2019 | 417 | 186 | 12 | 43 | 176 | 104 |
| 2018 | 427 | 194 | 2 | 25 | 206 | 65 |
| 2017 | 272 | 190 | 8 | 7 | 67 | 44 |
| 2016 | 313 | 182 | 12 | 0 | 119 | 19 |
| 2015 | 269 | 169 | 10 | 31 | 59 | 19 |
| 2014 | 158 | 133 | 4 | 18 | 3 | 3 |
| 2013 | 195 | 126 | 14 | 28 | 27 | 9 |
| 2012 | 211 | 160 | 10 | 33 | 8 | 24 |
| 2011 | 157 | 116 | 4 | 0 | 37 | 37 |
| 2010 | 213 | 151 | 4 | 58 | 0 | 45 |
| 2009 | 145 | 113 | 4 | 28 | 0 | 28 |
| 2008 | 215 | 146 | 2 | 33 | 34 | 2 |
| 2007 | 328 | 288 | 4 | 36 | 0 | 9 |
| 2006 | 320 | 283 | 2 | 8 | 27 | 30 |
Source: CMHC Starts and Completions Survey, via Statistics Canada table 34-10-0148, as of August 2026. Report a data problem
Provincial housing target
BC's Housing Target Order asks the city to complete at least 1,803 net new homes in five years from August 2024 (75% of the 2,404 the Province estimates are needed).
- Year 1 (Aug 2024 to Jul 2025)284 of 273
104% of the year's target met
- Year 2 (Aug 2025 to Jul 2026)379 of 302
125% of the year's target met
Net new units: move-in-ready units completed minus units lost through demolition.
Source: City of Prince George, Provincial Housing Targets (Housing Target Order progress reports), as of August 31, 2026. Report a data problem
Building permits
Source: City of Prince George Open Data, Building Permit Applications, updated . Report a data problem
Completions and homes under construction
Homes finished each year, and homes still being built at the end of December. Statistics Canada stopped publishing these for Prince George after 2022; the City's housing-target reports above are the newer count.
| Year | Completed | Of which apartments | Under construction, Dec |
|---|---|---|---|
| 2022 | 647 | 403 | 581 |
| 2021 | 388 | 166 | 779 |
| 2020 | 461 | 203 | 509 |
| 2019 | 295 | 108 | 528 |
| 2018 | 346 | 161 | 409 |
| 2017 | 275 | 69 | 331 |
| 2016 | 249 | 25 | 329 |
| 2015 | 206 | 33 | 262 |
| 2014 | 188 | 8 | 190 |
| 2013 | 153 | 11 | 217 |
| 2012 | 190 | 38 | 172 |
| 2011 | 213 | 0 | 151 |
| 2010 | 185 | 0 | 205 |
| 2009 | 307 | 34 | 177 |
| 2008 | 206 | 27 | 341 |
| 2007 | 224 | 0 | 332 |
| 2006 | 258 | 0 | 228 |
Source: CMHC via Statistics Canada table 34-10-0155, as of December 2022. Report a data problem
Affordability
By BC standards Prince George is affordable: incomes are above the provincial median and homes cost about half as much. That doesn't mean it's easy for everyone, especially renters. Sums are shown so you can check them.
Home value to income, 2021
4.5×
BC: 9.2× ($785,000 ÷ $85,000)
$400,000 median home value ÷ $88,000 median household income = 4.55
Both from the same census, so they line up. Lenders often treat 3 to 5 times income as the comfortable range.
Statistics Canada, 2021 Census; income is for 2020
Sale price to income, 2025
6.1×
$537,028 average detached sale price (2025) ÷ $88,000 median household income (2020) = 6.10
Mixes a current price with a 2020 income, the latest available for the city, so it overstates the ratio somewhat.
BC Northern Real Estate Board (MLS®); Statistics Canada, 2021 Census
Income needed to rent a 2-bedroom
$56,880
1 bedroom: $48,560
$1,422 × 12 months ÷ 30% = $56,880 a year
Based on the common rule that rent should take no more than 30% of gross household income.
CMHC Rental Market Survey, October 2025
Average 2-bedroom rent as a share of median income
19.4%
$1,422 × 12 = $17,064 ÷ $88,000 = 19.4%
Uses the median of all households. Renter households typically earn well below the overall median, so their share is higher.
CMHC Rental Market Survey, October 2025; Statistics Canada, 2021 Census
Households paying 30% or more on shelter
15.7%
Renters 29.1% (BC 37.8%) · owners 9.5% (BC 19.3%)
4,990 ÷ 31,705 households = 15.7% (BC 25.5%)
Shelter costs include rent or mortgage, property tax, condo fees and utilities.
Statistics Canada, 2021 Census; income is for 2020
Households in core housing need
7.1%
Renters 17% · owners 2.5% · BC 13.4%
2,215 ÷ 31,260 households = 7.1%
A home that is too costly, crowded or in need of major repairs, where the household couldn't afford an acceptable local alternative.
Statistics Canada, 2021 Census
Monthly shelter costs, 2021
| Measure | Prince George | BC |
|---|---|---|
| Median, owners | $1,260 | $1,320 |
| Median, renters | $1,020 | $1,370 |
| Median household income (2020) | $88,000 | $85,000 |
Owners' costs include mortgage payments, property tax, condo fees and utilities; renters' include rent and any utilities they pay. Census shelter costs cover all renters, including long-time tenants, so they sit below CMHC’s current average rents.
Source: Statistics Canada, 2021 Census Profile (25% sample), as of May 2021. Report a data problem
Help and links
- BC HousingSubsidized and supportive housing, and how to apply
- Rental Assistance Program (RAP)Monthly help with rent for working families with lower incomes
- SAFERShelter Aid for Elderly Renters, for renters 60 and over
- Residential tenancies (BC)Renters’ and landlords’ rights, rent increases, disputes
- BC Assessment property lookupAssessed value and sales history for any property
- CMHC Housing Market Information PortalRents, vacancy, starts and completions by area
- City housing and Housing Action StrategyCity incentives work, housing targets and legislation
- Official Community PlanWhere and how the city plans to grow
- City building permitsApplying for a permit to build or renovate
Sources
- CMHC Rental Market Survey via Statistics Canada table 34-10-0133
- CMHC Rental Market Survey via Statistics Canada table 34-10-0128
- CMHC Starts and Completions Survey via Statistics Canada tables 34-10-0155 and 34-10-0148
- BC Northern Real Estate Board news releases
- BC Assessment, North Central BC 2026 property assessments
- City of Prince George, Provincial Housing Targets
- Statistics Canada, 2021 Census Profile
- Statistics Canada table 98-10-0002
- City of Prince George Open Data
How these figures are gathered
Live figures are fetched from these providers and cached briefly on our server. Provisional real-time data can be revised by the source. When a source is down we say so rather than guess.
- CMHC Rental Market Survey via Statistics Canada table 34-10-0133
- Average rents by bedroom count, Prince George and other BC centres, October 2025
- CMHC Rental Market Survey via Statistics Canada table 34-10-0128
- Vacancy rate, October 2025
- CMHC Starts and Completions Survey via Statistics Canada tables 34-10-0155 and 34-10-0148
- Starts by type and intended market to August 2026; completions to 2022
- BC Northern Real Estate Board news releases
- Average and median MLS® prices, 2016 to January to June 2026
- BC Assessment, North Central BC 2026 property assessments
- Typical assessed values as of July 1, 2025
- City of Prince George, Provincial Housing Targets
- Housing Target Order progress, August 2026
- Statistics Canada, 2021 Census Profile
- Dwellings, tenure, shelter costs, values, housing need
- Statistics Canada table 98-10-0002
- 2016 and 2021 dwelling counts
- City of Prince George Open Data
- Building permit applications (live)
