December 2025 Winnipeg Rent Report

At a glance

• Winnipeg rents softened across most regions as one-bedrooms trended down
  • One-bedroom rents drifted lower through late 2025 in almost every area. Downtown fell from $1,351/month in September to $1,269/month in December, while East Winnipeg slid from $1,366 to $1,184. Most neighbourhoods show a steady, mild cooling trend.
    
• Family-size rentals stabilizing, with South Winnipeg and East Winnipeg holding firm
  • Three-bedroom rents show less volatility than smaller units. South Winnipeg eased from $2,076/month in September to $2,041/month in December, while East Winnipeg held around $2,148/month to $2,030/month. Larger-unit demand appears steadier than entry-level rentals.
    
• St. Boniface remains Winnipeg’s most affordable area across every unit type
  • St. Boniface consistently posts the lowest rents citywide. One-bedrooms dipped from $1,164/month in September to $1,112/month in December, while two-bedrooms stayed near $1,549/month-$1,694/month.
    

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Average rent across Winnipeg

This month, the average rent price for an unfurnished one-bedroom unit was $1,112/month, well below rates in other major Canadian rental markets like Metro Vancouver and Toronto. This December, rent for a unfurnished one-bedroom was $87 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, North End saw the largest decrease (-8.72%), followed by West Winnipeg (-8.24%), and South Winnipeg (-6.69%), Meanwhile no increases were recorded.

Winnipeg unfurnished vs. furnished rent averages

This December, average monthly rent prices for one-bedroom unfurnished units decreased by -6.65%% to $1,228/month.

Looking for our full December 2025 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 December. This month, St. Boniface is Winnipeg’s cheapest neighbourhood to rent in at an average of $1,112/month for an unfurnished one-bedroom unit. Meanwhile, South Winnipeg is the most expensive neighbourhood, at an average of $1,292/month – $180 more than in St. Boniface.

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.
• All unfurnished two-bedroom rent prices decreased across Winnipeg neighbourhoods except West Winnipeg and St. Boniface.
• All unfurnished three-bedroom rental types increased in price across Winnipeg neighbourhoods except South Winnipeg..

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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.

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