5 Cheapest Housing Markets in Canada

In this article, we will take a look at the 5 cheapest housing markets in Canada. If you wish to see our detailed analysis, you can go to 23 Cheapest Housing Markets in Canada.

5. Lloydminster (Alberta)

Average Home Price: $286,225

As reported by the Canadian Real Estate Association, the average home price in Lloydminster, Alberta is $286,225. Hence, price-conscious homebuyers can resort to the market.

4. Timmins, Cochrane & Timiskaming Districts

Average Home Price: $280,390

As of March, Timmins, Cochrane & Timiskaming Districts offer an average home price of $280,390 thereby ranking as another affordable Canadian housing market.

3. Lloydminster (Saskatchewan)

Average Home Price: $272,557

The average home price in Lloydminster, Saskatchewan is currently $272,557. Therefore, the local housing market is cheap.

2. Portage La Prairie

Average Home Price: $227,571

Portage La Prairie ranks second on our list of the cheapest Canadian housing markets since it offers an average home price of only $227,571.

1. Brandon

Average Home Price: $218,507

Brandon ranks at the top of the 23 cheapest housing markets in Canada. As of March, Brandon boasts one of the lowest average home price in the country of $218,507.

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