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City in Ontario

Houses for sale under $1M in Cochrane

Looking for cheap houses for sale in Cochrane? 40 homes in Cochrane are listed for sale under $1M, which is 98% of everything for sale. Detached houses are the largest group.

quiet community-focused affordable

5,390 people lived in Cochrane at the 2021 Census, in 2,315 households. 71% of households owned their home and 29% rented. The most common homes were single-detached houses (66%) and low-rise apartments (16%). 62% of homes were built before 1981, and 6% since 2011. 83% of commuters went to work by car and 4% by public transit.

No rental properties listed

Cochrane, Ontario

Houses for Sale in Cochrane Under $1M

Day to dayLivability

3.4

Schools near listings

out of 10 · averaged over 346 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$300,000

58% below Ontario

In Cochrane

$300,000

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

Median $300,000

Houses 41

For rent

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable median home prices
Family-friendly environment
Access to parks and schools
Small community feel

Keep in mind

Limited public transit options
No rental properties available

The feel of the placeLifestyle

Daily life in Cochrane is relaxed, with a focus on community and outdoor activities. Residents enjoy local parks and schools.

Great for first-time buyers families those seeking a peaceful lifestyle

Within the boundaryWhat's nearby

The boundary

545.2 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Counted across all 545.2 km² of Cochrane. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

3.3/10

Average rating of the 5 rated schools in this area

Elementary

Secondary

École catholique Nouveau Regard (Pavillon Jeunesse Nord)
Independent · French · Grades 9–12 · CSDC des Grandes Rivières
5.0/105.0 over 5 yrs
552nd of 742 Ontario secondary schools
70 students · EQAO 2024-2025
Aileen Wright English Catholic School
Catholic · Grades JK–8 · Northeastern CDSB
4.0/10
2,564th of 3,045 Ontario elementary schools
115 students · EQAO 2024-2025
Cochrane High School
Public · Grades 9–12 · DSB Ontario North East
3.2/101.5 over 5 yrs
697th of 742 Ontario secondary schools
225 students · EQAO 2024-2025
École catholique Nouveau Regard (Pavillon St-Joseph)
Independent · French · Grades JK–8 · CSDC des Grandes Rivières
2.4/103.6 over 5 yrs
2,916th of 3,045 Ontario elementary schools
260 students · EQAO 2024-2025
Cochrane Public School
Public · Grades JK–8 · DSB Ontario North East
2.0/102.1 over 5 yrs
2,943rd of 3,045 Ontario elementary schools
355 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Cochrane, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

5,390

Population (2021)

537.9 km²

Area

People per km²

43.6

Median age

$76,374

Median income

71%

Own their home

2.3

People per household

2,315

Households

Every age

Children (under 15)17.7%
Working age (15–64)61.7%
Seniors (65+)20.6%

What is built here

Detached houses66.2%
Semi-detached7.1%
Townhouses1.1%
Duplexes1.9%
Low-rise apartments16.4%

Own or rent

71%Owners

29%Renters

Across 2,315 households

When it was built

Mostly 1961–1980

1960 or earlier30%
1961–198032%
1981–199016%
1991–200010%
2001–20051%
2006–20103%
2011–20155%
2016–20212%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

1.5%
Born outside Canada: 10.7%
Hold a degree or higher: 51.5%
Employment rate: 4.2%
Commute by transit: 82.8%
Commute by car: 1.8
Children per family: $67,940
Median income after tax: $88,947
Average household income: 13.5%
Living on a low income: $865/mo
Renters pay, per month: $951/mo
Owners pay, per month: $200,627
Median home value at census: 16.2%
Renters spending 30%+ of income on housing: 6.4%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 10 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about houses for sale under $1M in Cochrane

How many homes in Cochrane sell for under $1M?

40 homes in Cochrane are listed for sale under $1M today, 98% of the 41 homes for sale. Their median asking price is $289,500.

All homes for sale in Cochrane

What kind of home can I buy in Cochrane for under $1M?

Under $1M, Cochrane has detached houses (20), vacant lots (13) and multiplexes (2) for sale. Most range from studios to 5 bedrooms.

Houses for sale in Cochrane

Keep looking

More Homes for Sale in Cochrane

41 homes are for sale in Cochrane. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.

At a glance