March 2026 Winnipeg Rent Report

At a glance

• One-bedroom rents declined across most Winnipeg districts in March
  • Downtown rents fell from $1,292/month in February to $1,252/month in March (-3.1%), while West Winnipeg declined from $1,397/month to $1,377/month (-1.4%). South Winnipeg also dropped from $1,374/month to $1,327/month (-3.4%), suggesting a slight cooling in smaller-unit demand across the city.
    
• West Winnipeg recorded the highest one-bedroom rents in March
  • West Winnipeg recorded the highest one-bedroom unfurnished rents in March 2026, averaging $1,377/month, placing it above South Winnipeg ($1,327/month), St. Boniface ($1,321/month), and East Winnipeg ($1,306/month), reinforcing the area’s position as one of the city’s more expensive rental markets.
    
• South Winnipeg recorded the highest three-bedroom rents
  • South Winnipeg averaged $2,044/month in March 2026. This was slightly higher than West Winnipeg ($2,036/month) and well above Downtown ($1,558/month), highlighting stronger demand for family-sized rentals in Winnipeg’s southern neighbourhoods.
    

liv.rent’s 2026 Canada Rental Market Trends Report is launching soon, highlighting the key shifts shaping rental markets nationwide.

Average rent across Winnipeg

This month, the average rent price for an unfurnished one-bedroom unit was $1,316/month, well below rates in other major Canadian rental markets like Metro Vancouver and Toronto. This March, rent for an unfurnished one-bedroom was $26 less than last month.

Month-to-month rent change

To better understand how rent prices have changed in Winnipeg, let’s look at the most significant changes for unfurnished one-bedroom units this month.

Several areas saw notable changes in average rent prices this month. Looking at unfurnished one-bedroom units, the North End (-4.13%), South Winnipeg (-3.39%), and Downtown (-3.10%) saw decreases, while St. Boniface (7.54%) saw the only increase (1.58%). Furnished units saw no significant changes.

Winnipeg unfurnished vs. furnished rent averages

This March, average monthly rent prices for unfurnished one-bedroom units decreased (-1.92%) to $1,316/month.

Looking for our full March 2026 Winnipeg Rent Report? Download your copy here to get all the latest insights, including a detailed breakdown by neighbourhood.

Neighbourhood breakdown

Winnipeg’s most and least expensive neighbourhoods had slightly different average rent prices this March. This month, downtown Winnipeg is the cheapest neighbourhood to rent in at an average of $1,252/month for an unfurnished one-bedroom unit. Meanwhile, West Winnipeg is the most expensive neighbourhood, at an average of $1,377/month – $125 more than in downtown.

Let’s look even closer at the different listing types to see the differences in one-, two-, and three-bedroom rental rates across each area.

• All unfurnished one-bedroom rent prices decreased across Winnipeg neighbourhoods except St. Boniface.
• All unfurnished two-bedroom rent prices decreased across Winnipeg neighbourhoods except North End and East Winnipeg.
• All unfurnished one-, two-, three-bedroom rentals decreased in price in South Winnipeg.

---

Be sure to subscribe to our mailing list so you never miss an update on the Winnipeg rental market.

Downloadable Resources

Data collection methodology

Our monthly rent reports use data from our own liv.rent listings, as well as data our team manually collects from other popular listing sites – looking at available basement suites, apartments, condos, townhouses, semi-detached houses, and single-detached houses for each area.

When collecting this data, we do exclude luxury properties listed at over $5,000, as well as rooms for rent and shared accommodation. Investing in manual data collection means that we only consider the current month’s listing, since we can filter out duplicate listings and older ads that haven’t been removed.

Another key difference between our data collection methods and some government agencies like the CMHC is that we only include current asking rent prices. Many official reports will include data for entire buildings in their reports, which tends to skew numbers lower since many units are already occupied, and may be rent-controlled or rented for significantly lower than the current rates.

As we are a Canadian rental platform founded and based in Vancouver, we want to ensure that we’re providing a completely accurate depiction of the rental market in the cities we look at.

---

Rethink The Way You Rent

Not on liv.rent yet? Experience the ease of digital applications & contracts, verified tenants & landlords, virtual tours and more – all on one platform. Sign up for free or download the app.

Learn More

Subscribe to receive monthly updates on Canada’s major rental markets. Discover last month’s Rent Reports below:

Vancouver Rent Report
Ontario Rent Report
Montreal Rent Report
Calgary and Edmonton Rent Report