January 2026 Winnipeg Rent Report

At a glance

• One-bedroom rents show soft entry into 2026 across most Winnipeg neighbourhoods
  • Entry-level rents eased into January. Unfurnished one-bedrooms in Downtown fell from $1,355/month in November to $1,286/month in January (−5%), while the North End slipped from $1,375/month to $1,268/month (−8%).
    
• Two-bedroom rents raise slightly after December dip
  • Unfurnished two-bedroom rents were more stable than one-bedrooms. Downtown rebounded from $1,688/month in December to $1,781/month in January (+6%), while West Winnipeg rose to $1,751/month. In contrast, South Winnipeg declined from $1,706/month to $1,636/month (−8%), showing uneven demand across the city.
    
• Family-sized rents fluctuate in most areas
  • Unfurnished three-bedroom rents declined in multiple neighbourhoods after November. South Winnipeg fell from $2,140/month to $1,977/month (−8%), while St. Boniface dropped from $1,996/month to $1,828/month (−8%). These declines suggest family-sized demand cooled following the fall leasing season.
    

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Average rent across Winnipeg

This month, the average rent price for an unfurnished one-bedroom unit was $1,286/month, well below rates in other major Canadian rental markets like Metro Vancouver and Toronto. This January, rent for a unfurnished one-bedroom was $87 more 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, St. Boniface saw the largest increase (8.77%), followed by West Winnipeg (7.77%), and East Winnipeg (7.23%).

Winnipeg unfurnished vs. furnished rent averages

This January, average monthly rent prices for one-bedroom unfurnished units increased by 4.75% to $1,286/month.

Looking for our full January 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 January. This month, St. Boniface is Winnipeg’s cheapest neighbourhood to rent in at an average of $1,209/month for an unfurnished one-bedroom unit. Meanwhile, West Winnipeg is the most expensive neighbourhood, at an average of $1,354/month – $145 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 increased across Winnipeg neighbourhoods.
• All unfurnished two-bedroom rent prices increased across Winnipeg neighbourhoods except South Winnipeg, East Winnipeg, and St. Boniface.
• All unfurnished one-, two-, three-bedroom rentals increased in price in Downtown 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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