Saskatoon
Saskatchewan
Statistics Canada geography code 4711066 · census subdivision
MARKET SCORE
Model CS-MI-1.0 · calculated 2026-09-30
Market snapshot
Average rent
$1,548
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
3.3%
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
Population trend
+18.8% 2013–2022 · CalculatedSource: Table 17-10-0142-01 — Population estimates, July 1, by census subdivision (vector 1138982071) · 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.
- Mining / Resources26% of local drivers
Nutrien, the largest potash producer in the world, and Cameco, one of the largest uranium producers, are both headquartered in Saskatoon, along with the research and supply chain that follows them.
- Health Care20% of local drivers
Royal University Hospital and Saskatoon City Hospital serve central and northern Saskatchewan.
- Education18% of local drivers
The University of Saskatchewan, including the Canadian Light Source synchrotron and the agricultural research cluster around it.
- Construction12% of local drivers
Residential construction supported by the strongest population growth among prairie cities.
- Government10% of local drivers
Municipal and provincial administration; the provincial capital is Regina, so this is smaller than the city’s size suggests.
- Manufacturing8% of local drivers
Agricultural equipment and food processing.
- Transportation6% of local drivers
A rail and road distribution point for northern Saskatchewan.
Rental market
Average rent
$1,548
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
3.3%
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".
All data for this market
| Metric | Period | Value | Type | Confidence | Source |
|---|---|---|---|---|---|
| average rent | — | $1,548 | observed | high | Canada Mortgage and Housing Corporation |
| population | 2022 | 288,311 | observed | high | Statistics Canada |
| population | 2021 | 282,266 | observed | high | Statistics Canada |
| population | 2020 | 280,400 | observed | high | Statistics Canada |
| population | 2019 | 275,157 | observed | high | Statistics Canada |
| population | 2018 | 268,948 | observed | high | Statistics Canada |
| population | 2017 | 263,042 | observed | high | Statistics Canada |
| population | 2016 | 256,731 | observed | high | Statistics Canada |
| population | 2015 | 250,702 | observed | high | Statistics Canada |
| population | 2014 | 247,230 | observed | high | Statistics Canada |
| population | 2013 | 242,604 | observed | high | Statistics Canada |
| rent change pct | — | 5.2% | observed | high | Canada Mortgage and Housing Corporation |
| unemployment rate | 2024 | 5.1% | observed | high | Statistics Canada |
| unemployment rate | 2023 | 5.1% | observed | high | Statistics Canada |
| unemployment rate | 2022 | 4.3% | observed | high | Statistics Canada |
| unemployment rate | 2021 | 7.1% | observed | high | Statistics Canada |
| unemployment rate | 2020 | 9.6% | observed | high | Statistics Canada |
| unemployment rate | 2019 | 5.9% | observed | high | Statistics Canada |
| unemployment rate | 2018 | 6.7% | observed | high | Statistics Canada |
| unemployment rate | 2017 | 8% | observed | high | Statistics Canada |
| vacancy rate | — | 3.3% | 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.