Property prices for rent in Winnipeg (Manitoba)

The rent prices in real estate in Winnipeg, in the Manitoba region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Winnipeg has fallen during the last 6 months. In December, the average price per sq.feet was $535.33. In January this price barely changed remaining at $540.83 per sq.feet. The price for the following two months in (February, March) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable rise of 163 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $396.11 to $646.84 during April, and May.

Average price

When referring to the price in Winnipeg (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $1,365. In January This price remains at $1,365. During the following two months (February, March) the average price had a considerable fall of 48 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 132 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,314 they are 17 % more affordable than the average price for Winnipeg . The properties with the highest average price have 4 bedrooms, Their price is 50 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,630.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.33 / sq.feet, with an average $566.06 / sq.feet price in Winnipeg. The properties with the most affordable average prices have 4 bedrooms. They are 100 % more affordable than the average followed by properties with 1 bedroom with a price at $1.72 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,314 it is 12 % more affordable than the average price in Winnipeg. "Condo" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Commercial". At a price of $1,359 it is 9 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $182.02 / sq.feet followed by "Commercial" priced at $538 / sq.feet. "Apartment" is the most expensive type of property with a $967.76 / sq.feet value followed by "Condo" with an average price of $632 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Winnipeg
Number of properties used in region Manitoba
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region Manitoba