If you want affordable housing, Saint John takes the top spot in the Maritimes and ranks second nationwide. A new report by Royal LePage places the Port City just behind Lethbridge, Alberta, on its annual list of the 15 most affordable Canadian cities.

The data shows the average Saint John resident spends 19.6 percent of their income on monthly mortgage payments. This marks a drop from 25.1 percent in 2025.

New Brunswick Dominates the Maritimes

You will see New Brunswick cities feature prominently on the national list. Fredericton secures the ninth spot, and Moncton follows in 14th place. Charlottetown, Prince Edward Island, rounds out the top 15. No cities from Nova Scotia made the cut.

Shannon Auffrey, broker of record with Royal LePage Atlantic, notes New Brunswick offers highly accessible housing compared to larger urban centers. Buyers flock to the province for its natural beauty, strong community feel, and proximity to the United States.

Local Buyers Face Emerging Challenges

While national buyers see a bargain, locals feel the pinch. The report highlights New Brunswick has a median total household income of $73,000. This is the lowest among the ranked provinces.

Auffrey points out home prices rise faster than local wages. This trend makes market entry difficult for first time buyers. She emphasizes the need for continued investment in entry level housing supply.

Residents echo these concerns. Molly Griffin notes the rising cost of living in New Brunswick, pointing specifically to high taxes and energy bills. Lindsay Chandler adds that everyday expenses like groceries make living alone less affordable, even with a good salary.

Frequently Asked Questions

What is the most affordable city in Canada?

Lethbridge, Alberta, ranks as the most affordable city in Canada according to the Royal LePage report.

How much of their income do Saint John residents spend on a mortgage?

The average Saint John resident spends 19.6 percent of their income on monthly mortgage payments.

Did any other Maritime cities make the affordability list?

Yes. Fredericton ranks ninth, Moncton ranks 14th, and Charlottetown ranks 15th. No cities in Nova Scotia made the list.