Moncton
New Brunswick
Statistics Canada geography code 1307022 · census subdivision
MARKET SCORE
Model CS-MI-1.0 · calculated 2026-09-30
Market snapshot
Average rent
$1,453
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
Source: Canada Mortgage and Housing Corporation
Confidence: high
Rental vacancy rate
3.9%
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "b".
Source: Canada Mortgage and Housing Corporation
Confidence: high
Population trend
+20.3% 2013–2022 · CalculatedSource: Table 17-10-0142-01 — Population estimates, July 1, by census subdivision (vector 1138979697) · published 2023-01-11
What drives this market?
These weightings are an interpretation of the local economy, not a measurement. They are shown to explain what appears to support rental demand here — treat them differently from the sourced statistics above.
- Transportation24% of local drivers
Moncton is the distribution and rail centre of the Maritimes, with CN’s regional operations and a trucking sector serving all three provinces from it.
- Local Services18% of local drivers
National contact-centre and back-office operations located here specifically for a bilingual workforce, which makes a share of local employment answerable to decisions taken elsewhere.
- Health Care18% of local drivers
The Moncton Hospital and the Dr.-Georges-L.-Dumont hospital serve southeastern New Brunswick.
- Education12% of local drivers
L'Université de Moncton is the largest French-language university outside Quebec.
- Government12% of local drivers
Municipal and provincial administration, plus federal offices serving the region.
- Construction10% of local drivers
Residential construction responding to the fastest population growth in Atlantic Canada.
- Manufacturing6% of local drivers
Food processing and light manufacturing, modest relative to the distribution sector.
Rental market
Average rent
$1,453
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
Vacancy rate
3.9%
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "b".
All data for this market
| Metric | Period | Value | Type | Confidence | Source |
|---|---|---|---|---|---|
| average rent | — | $1,453 | observed | high | Canada Mortgage and Housing Corporation |
| population | 2022 | 85,802 | observed | high | Statistics Canada |
| population | 2021 | 81,665 | observed | high | Statistics Canada |
| population | 2020 | 79,774 | observed | high | Statistics Canada |
| population | 2019 | 77,951 | observed | high | Statistics Canada |
| population | 2018 | 75,675 | observed | high | Statistics Canada |
| population | 2017 | 74,891 | observed | high | Statistics Canada |
| population | 2016 | 73,872 | observed | high | Statistics Canada |
| population | 2015 | 72,427 | observed | high | Statistics Canada |
| population | 2014 | 72,238 | observed | high | Statistics Canada |
| population | 2013 | 71,338 | observed | high | Statistics Canada |
| rent change pct | — | 4.7% | observed | medium | Canada Mortgage and Housing Corporation |
| unemployment rate | 2024 | 5.5% | observed | high | Statistics Canada |
| unemployment rate | 2023 | 5.6% | observed | high | Statistics Canada |
| unemployment rate | 2022 | 4.7% | observed | high | Statistics Canada |
| unemployment rate | 2021 | 7.5% | observed | high | Statistics Canada |
| unemployment rate | 2020 | 8.4% | observed | high | Statistics Canada |
| unemployment rate | 2019 | 5.7% | observed | high | Statistics Canada |
| unemployment rate | 2018 | 5.8% | observed | high | Statistics Canada |
| unemployment rate | 2017 | 6.4% | observed | high | Statistics Canada |
| vacancy rate | — | 3.9% | observed | high | Canada Mortgage and Housing Corporation |
Rows showing Data unavailable are recorded deliberately, with the reason, rather than omitted — so you can tell the difference between a figure that is zero and one we simply do not have.