Condos for Rent in Academy Heights, Thunder Bay, ON

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Neighbourhood in Thunder Bay

Academy Heights

quiet family-friendly residential

Academy Heights is a quiet neighbourhood in Thunder Bay. It offers a mix of residential options and local amenities.

Median home price is $409,900 66.1% of residents are renters Two parks and two playgrounds available One restaurant in the area Average household size is two
Academy Heights, Thunder Bay — HOMEH neighbourhood guide

Thunder Bay, Ontario

© Mapbox © OpenStreetMap

At a glance

Day to dayLivability

6.7

Schools near listings

out of 10 · averaged over 15 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

$409,900

6% above Thunder Bay 43% below Ontario

In Academy Heights

$409,900

In Thunder Bay

$384,900

In Ontario

$719,000

Median monthly rent

In Ontario

$2,500

On the marketMarket snapshot

For sale

2

Median $409,900

Condos 2

For rent

0

Recently sold

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Recently leased

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Market data as of 2026-10-09. 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 compared to provincial median prices
  • Family-friendly with parks and playgrounds
  • Low population density for a quieter lifestyle

Keep in mind

  • Limited grocery and pharmacy options
  • No schools within the neighbourhood

The feel of the placeLifestyle

Daily life in Academy Heights is peaceful, with local parks for recreation. Residents may need to travel for shopping and schools.

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

Within the boundaryWhat's nearby

The boundary

1.2 km²

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

2

Parks

2

Playgrounds

1

Restaurants

2

Gyms

Counted across all 1.2 km² of Academy Heights. From OpenStreetMap, as of 2026-10-12.

The peopleWho lives here

2,854

Population (2021)

1.0 km²

Area

2,741

People per km²

39.6

Median age

$56,241

Median income

34%

Own their home

2

People per household

1,355

Households

Every age

  • Children (under 15)12.7%
  • Working age (15–64)64.7%
  • Seniors (65+)22.7%

What is built here

  • Detached houses27.4%
  • Semi-detached3.9%
  • Townhouses12.5%
  • Duplexes10.3%
  • Low-rise apartments21%
  • High-rise apartments24.9%

Own or rent

34%Owners

66%Renters

Across 1,355 households

When it was built

Mostly 1961–1980

  • 1960 or earlier25%
  • 1961–198037%
  • 1981–199016%
  • 1991–20006%
  • 2001–20052%
  • 2006–20102%
  • 2011–20156%
  • 2016–20214%

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.

13.1%
Born outside Canada
26.8%
Hold a degree or higher
43.5%
Employment rate
16.3%
Commute by transit
75.8%
Commute by car
1.7
Children per family
$52,416
Median income after tax
$67,920
Average household income
23%
Living on a low income
$971/mo
Renters pay, per month
$812/mo
Owners pay, per month
$278,265
Median home value at census
26.2%
Renters spending 30%+ of income on housing
10.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 5 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: © Mapbox © OpenStreetMap