Manitoba rental market data
Manitoba’s rental market, centred in Winnipeg, is one of the most affordable in Canada. With rent control capping annual increases and a balanced supply-demand dynamic, Manitoba offers stable and predictable rental costs.
The Winnipeg CMA vacancy rate settled at approximately 2.8% in October 2025, reflecting a balanced market.
Average rent by city (Manitoba)
| City | 2BR Purpose-Built | 2BR Asking Rent | Vacancy Rate |
|---|---|---|---|
| Winnipeg | ~$1,300 | ~$1,500 | ~2.8% |
Manitoba asking rents average approximately $1,200 for a 1-bedroom and $1,500 for a 2-bedroom across the province.
Manitoba rent control rules
| Year | Guideline |
|---|---|
| 2021 | 0.0% (frozen) |
| 2022 | 0.0% (frozen) |
| 2023 | 3.0% |
| 2024 | 3.0% |
| 2025 | 3.0% |
- Applies to most units — including older and newer buildings
- Above-guideline increases — Landlords can apply for more if operating costs justify it
- 12 months between increases — Only one rent increase per year
- 3 months notice required
Key market drivers
Immigration gateway: Winnipeg and Manitoba have become top destinations for international immigrants through the Provincial Nominee Program, supporting steady rental demand.
Aging rental stock: A significant portion of Manitoba’s purpose-built rental universe was built in the 1960s–1970s. Maintenance costs are rising.
Affordable cost of living: Manitoba’s low rents, combined with moderate incomes and affordable consumer prices, make it one of the best provinces for cost of living.
Manitoba city rental market pages
- Winnipeg Rental Market — Manitoba’s capital and largest city
Related pages
- Canada Rental Market Data — national overview
- Saskatchewan Rental Market — neighbouring province comparison
- Average Rent in Canada — rent comparison by city and province
- Income in Manitoba — provincial income data
Sources
- CMHC Rental Market Survey — Housing Market Information Portal
- CMHC 2025 Rental Market Report — December 2025
- Manitoba Residential Tenancies Branch — rent increase guideline