The Bend
90 Alexander Av,
Winnipeg, MB R3B 0L3
1-2 Beds | $1,595 - $2,542
Rental Market Trends in Winnipeg, MB
Updated July 2026
The average rent in Winnipeg, MB is $1,385/month.
$1,385/month
Average Rent
526 Sq Ft
Average Size
+1.5%
Change / Year
2,069
Available Apartments
Winnipeg rent varies by unit size and layout:
- Studio apartments in Winnipeg average $1,066 per month.
- One-bedroom apartments in Winnipeg average $1,385 per month.
- Two-bedroom apartments in Winnipeg average $1,672 per month.
- Three-bedroom apartments in Winnipeg average $2,243 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Winnipeg, MB?
In the past year, rent has increased by 1.5%, which averages out to $21 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Winnipeg, MB
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
5%
$700 - $1,000/month
46%
$1,001 - $1,500/month
44%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighbourhood
What are the most affordable neighbourhoods in Winnipeg?
Based on current rent prices, Central Park, Jefferson and Birchwood are the most affordable neighbourhoods in Winnipeg.
Neighbourhood
Average Rent
Average Sq Ft
What are the most expensive neighbourhoods in Winnipeg?
Based on current rent prices, Exchange District, Portage-Ellice and South Portage are the most expensive neighbourhoods in Winnipeg.
Neighbourhood
Average Rent
Average Sq Ft
Which Winnipeg neighbourhoods have the most rentals available?
The neighbourhoods in Winnipeg with the most apartments available are South Portage, Portage-Ellice and River-Osborne .
Neighbourhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Winnipeg, MB?
Because the average rent in Winnipeg is $1,385, you’ll want to make about $4,616 per month or $55,392 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Winnipeg, MB compare to other nearby cities and neighbourhoods?
Use the tool below to compare Winnipeg, MB to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Winnipeg Area GuideStudio
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Apartment Communities in Winnipeg We Think You'll Love
Frequently Asked Questions
What is the average rent in Winnipeg?
The average rent in Winnipeg is $1,385 per month, which is 20.9% lower than the national average of $1,750.
What is the average rent for a townhome in Winnipeg?
The average rent for a townhome in Winnipeg, MB is $1,697 per month.
Are rents going up or down in Winnipeg?
Rents in Winnipeg, MB are increasing, with prices up 1.5% year-over-year and $21 more per month.
What rent range is most common in Winnipeg?
In Winnipeg, MB, 46% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.
* Percentages may not total 100 due to rounding.