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Oshawa

Ontario

Statistics Canada geography code 3518013 · census subdivision

MARKET SCORE

73 / 100
Moderate fundamentalsConfidence: Medium

Model CS-MI-1.0 · calculated 2026-09-30

Market snapshot

Population

187,813

Period: 2022

Source: Statistics Canada

Confidence: high

Unemployment rate

6.8%

Period: 2024

Source: Statistics Canada

Confidence: high

Average rent

$1,754

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".

Rental vacancy rate

3.7%

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".

Population trend

+19.4% 2013–2022 · Calculated
192,393172,546152,698201320182022

Source: Table 17-10-0142-01 — Population estimates, July 1, by census subdivision (vector 1138981275) · 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.

  • Manufacturing26% of local drivers

    General Motors Oshawa Assembly, which closed in 2019 and restarted in 2021, remains the defining industrial employer and the reason the local economy tracks one company’s decisions.

  • Education18% of local drivers

    Ontario Tech University and Durham College share a north Oshawa campus.

  • Health Care16% of local drivers

    Lakeridge Health Oshawa is the largest hospital in Durham Region.

  • Transportation14% of local drivers

    GO Transit rail service and Highway 401 make Oshawa a commuter terminus for the eastern Greater Toronto Area.

  • Construction14% of local drivers

    Among the fastest residential growth rates in Ontario, driven by relative affordability against Toronto.

  • Government12% of local drivers

    Regional Municipality of Durham administration.

Rental market

Average rent

$1,754

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

3.7%

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

MetricPeriodValueTypeConfidenceSource
average rent—$1,754observedhighCanada Mortgage and Housing Corporation
population2022187,813observedhighStatistics Canada
population2021182,793observedhighStatistics Canada
population2020179,504observedhighStatistics Canada
population2019175,279observedhighStatistics Canada
population2018170,837observedhighStatistics Canada
population2017166,860observedhighStatistics Canada
population2016164,602observedhighStatistics Canada
population2015161,148observedhighStatistics Canada
population2014159,033observedhighStatistics Canada
population2013157,278observedhighStatistics Canada
rent change pct—Data unavailableobservedlowCanada Mortgage and Housing Corporation
unemployment rate20246.8%observedhighStatistics Canada
unemployment rate20235.7%observedhighStatistics Canada
unemployment rate20225.3%observedhighStatistics Canada
unemployment rate20217.8%observedhighStatistics Canada
unemployment rate20209.9%observedhighStatistics Canada
unemployment rate20195.4%observedhighStatistics Canada
unemployment rate20185.1%observedhighStatistics Canada
unemployment rate20175.6%observedhighStatistics Canada
vacancy rate—3.7%observedhighCanada 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.

Oshawa Market Intelligence - CanSaveSpace