Winnipeg
Manitoba
Statistics Canada geography code 4611040 · census subdivision
MARKET SCORE
Model CS-MI-1.0 · calculated 2026-09-30
Market snapshot
Average rent
$1,571
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
Source: Canada Mortgage and Housing Corporation
Confidence: high
Rental vacancy rate
2.8%
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
Source: Canada Mortgage and Housing Corporation
Confidence: high
Population trend
+12.7% 2013–2022 · CalculatedSource: Table 17-10-0142-01 — Population estimates, July 1, by census subdivision (vector 1138981839) · published 2023-01-11
What drives this market?
These weightings are an interpretation of the local economy, not a measurement. They are shown to explain what appears to support rental demand here — treat them differently from the sourced statistics above.
- Transportation22% of local drivers
CentrePort Canada, the junction of the CN and CP main lines, and Richardson International Airport’s 24-hour cargo operation make distribution the backbone of the local economy.
- Manufacturing20% of local drivers
New Flyer buses, aerospace component work and large-scale food processing.
- Government18% of local drivers
Provincial capital, with the Manitoba government and Crown corporations concentrated in the city.
- Health Care16% of local drivers
The Health Sciences Centre is the largest hospital in the province and its referral centre for the north.
- Education10% of local drivers
The University of Manitoba and the University of Winnipeg.
- Construction8% of local drivers
Steady residential construction supported by comparatively affordable land.
- Other6% of local drivers
Insurance and asset management headquarters - Great-West Lifeco and IGM Financial - recorded as 'other' for want of a financial services category.
Rental market
Average rent
$1,571
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
Vacancy rate
2.8%
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
All data for this market
| Metric | Period | Value | Type | Confidence | Source |
|---|---|---|---|---|---|
| average rent | — | $1,571 | observed | high | Canada Mortgage and Housing Corporation |
| population | 2022 | 783,096 | observed | high | Statistics Canada |
| population | 2021 | 772,935 | observed | high | Statistics Canada |
| population | 2020 | 767,250 | observed | high | Statistics Canada |
| population | 2019 | 763,071 | observed | high | Statistics Canada |
| population | 2018 | 752,970 | observed | high | Statistics Canada |
| population | 2017 | 740,697 | observed | high | Statistics Canada |
| population | 2016 | 726,055 | observed | high | Statistics Canada |
| population | 2015 | 711,618 | observed | high | Statistics Canada |
| population | 2014 | 703,917 | observed | high | Statistics Canada |
| population | 2013 | 695,025 | observed | high | Statistics Canada |
| rent change pct | — | 1.9% | observed | high | Canada Mortgage and Housing Corporation |
| unemployment rate | 2024 | 5.5% | observed | high | Statistics Canada |
| unemployment rate | 2023 | 4.8% | observed | high | Statistics Canada |
| unemployment rate | 2022 | 4.7% | observed | high | Statistics Canada |
| unemployment rate | 2021 | 6.8% | observed | high | Statistics Canada |
| unemployment rate | 2020 | 9% | observed | high | Statistics Canada |
| unemployment rate | 2019 | 5.3% | observed | high | Statistics Canada |
| unemployment rate | 2018 | 6.3% | observed | high | Statistics Canada |
| unemployment rate | 2017 | 5.8% | observed | high | Statistics Canada |
| vacancy rate | — | 2.8% | observed | high | Canada Mortgage and Housing Corporation |
Rows showing Data unavailable are recorded deliberately, with the reason, rather than omitted — so you can tell the difference between a figure that is zero and one we simply do not have.