Thunder Bay

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Thunder Bay, ON

Area Guide

While it’s not a sprawling metropolis, daily life in Thunder Bay, ON moves with a purposeful rhythm as coffee shops hum in the Bay and Algoma District, farmers markets brim with local finds, and the air smells like pine, pastries, or lake breeze. Most apartment communities in Thunder Bay are tucked into tree-lined streets, not far from trails, shops, or bus stops. You’ll find a mix of low-rise buildings, townhomes, and duplexes throughout walkable neighbourhoods like Northwood, Intercity, and Westfort.

Many rentals include on-site laundry, parking, and the kind of quiet that invites early nights or lazy mornings. For students and staff at Lakehead University or Confederation College, there are plenty of options nearby, whether you’re looking for a one-bedroom apartment or a shared space with a view of the lake.

Nature in Thunder Bay doesn’t just sit in the background; it takes centre stage. Locals spend weekends hiking through Centennial Park, diving through history at Fort William Historical Park, or gazing out over the harbour at Prince Arthur’s Landing. Or drive an hour to the expansive Sleeping Giant Provincial Park. Even in winter, Thunder Bay celebrates the outdoors. Each year, the city hosts the SnowDay on the Waterfront festival, an all-ages celebration of winter, where snow sculptures and skating trails transform the marina into something out of a snow globe. It’s just one way this northern city makes cold months shine.

Explore the City

Thunder Bay's rail yards, ports, and factories sit along the water.

Sleeping Giant Provincial Park contains famous rock formations, including the Sea Lion.

Thunder Bay is full of historic buildings.

Rent Trends

As of November 2025, the average apartment rent in Thunder Bay, ON is C$1,318 pour un studio, C$1,499 pour une chambre, C$1,682 pour deux chambres, and C$1,886 pour trois chambres. Apartment rent in Thunder Bay has increased by 0.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
C$1,499/month
683 Sq Ft
See Rental Market Trends in Thunder Bay, ON

Transportation

35

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

40

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

67

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Points of Interest

Airports

  • Thunder Bay International

Top Apartments in Thunder Bay

Houses for Rent in Thunder Bay

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.