Policy2.25%Prime4.45%5Y posted6.09%
BOC · Official series

V105 CITY PROFILE · MB

Winnipeg

Balanced rental + soft prices · baseline updated February 2026.
Market trends →
Benchmark price$355,000 1.9%
Average 2BR rent$1,5712.8% vacancy
Estimated mortgage$1,845/mobaseline assumption
Population834.7K2021 census baseline

Market scores

Affordability99

Relative purchasing accessibility compared with local incomes.

Rental competition44

Higher scores indicate a tighter rental market.

Investment potential93

Composite yield, growth and market-balance signal.

New construction42

Recent housing construction and permit momentum.

Market activity21

Price movement and buyer-activity conditions.

Buyer demand40

Population, migration and housing-demand pressure.

Housing supply57

How closely housing supply is keeping pace with demand.

Overall score58

Combined market, affordability, supply and demand rating.

Housing economics

Price-to-rent ratio
18.83
Gross rent yield
5.31%
Payment-to-rent ratio
1.175×
Building permits
$247M
Stress-test rate
8.09%
Historical payment median
$2,089