Cheap Apartments for Rent in Winnipeg, MB from $500 (130 Rentals)

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Search the lowest-cost Apartments available for rent right now in Winnipeg.

property at 203 Yale Ave E

$825 - $1,350

Studio To 2 Bedroom Rentals

Available Now

203 Yale Ave E

WinnipegMBR2C 0J2
property at 250 Furby St

$949 - $1,049

Studio To 1 Bedroom Rentals

Available Now

250 Furby St

WinnipegMBR3C 2A9

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 138 Lorne Ave

$1,376 - $1,447

2 To 3 Bedroom Rentals

Available Now

138 Lorne Ave

WinnipegMBR2W 2N9
property at 1777 St Mary's Rd

$1,385 - $1,650

1 To 2 Bedroom Rentals

Available Dec 1

1777 St Mary's Rd

WinnipegMBR2N 0L5

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 1790 Portage Ave

$1,400 - $1,750

1 To 2 Bedroom Rentals

Available Now

1790 Portage Ave

WinnipegMBR3J 0E9
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Moxam Court Apartments
$567 - $1,400Studio to 3 Bedroom Apartments

Moxam Court Apartments

280 River AvWinnipeg, MB R3L 0B8
  • Utilities Included
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Red River Pointe
$694 - $1,445Studio to 1 Bedroom Apartments

Red River Pointe

360 Cumberland AvWinnipeg, MB R3B 1T4
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Ladywood
$807 - $943Studio to 1 Bedroom Apartments

Ladywood

172 Edmonton StWinnipeg, MB R3C 1R3
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380 Young Street
$8431 to 2 Bedroom Apartments

380 Young Street

380 Young StWinnipeg, MB R3B 1A8
  • Smoke Free
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389 Balmoral Apartment
$905 - $1,140Studio to 1 Bedroom Apartments

389 Balmoral Apartment

389 Balmoral StWinnipeg, MB R3B 2P7
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1030 Brazier Street
$912Studio to 2 Bedroom Apartments

1030 Brazier Street

1030 Brazier StWinnipeg, MB R2K 2P3
  • Utilities Included
  • Smoke Free

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-50, Page 1 of 3

Winnipeg, MB Local Guide

Cheapest Available Winnipeg Apartments for Rent

 

The cheapest available apartment rental in Winnipeg, MB is a 1 Bed unit found at Moxam Court Apartments priced from $662. The Princeton has the second lowest priced unit, which is a Studio apartment currently listed from $820. Here is today’s list of the most affordable Winnipeg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Moxam Court Apartments1 Bedroom1BR,1BA$662
The PrincetonBachelorStudio,1BA$820
Residences at Portage Commons1 Bedroom1BR,1BA$858
611 Jefferson AvenueSmall 1 Bed2BR,1BA$975
30 Hargrave Apartment30 Hargrave - 1 Bed, 1 Bath1BR,1BA$999
309 Enfield Apartment309 Enfield - 1 Bedroom, 1 Bathroom1BR,1BA$999
Chateau 100BachelorStudio,1BA$999
700 Corydon Apartment700 Corydon - 1 Bed, 1 Bath1BR,1BA$1,049
The Prince Randolph Apartments1 Beds, 1 Baths1BR,1BA$1,058
Olympic Towers1 Beds, 1 Baths1BR,1BA$1,059

Best Value Apartments for Rent in Winnipeg, MB

As of January 06, 2026 the best value apartment in the Winnipeg area is the $1.61 price per square foot 3 Bedroom, 2.5 Bathroom Model at Latitude 49 Townhomes in the starting from $2,111. The second greatest value Winnipeg apartment is the 1Bed / 1Bath Model at 1245 Jefferson Avenue starting at $1,323 with a $1.32 price per square foot . Here is today’s list of the best values for Winnipeg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Latitude 49 Townhomes3 Bedroom, 2.5 Bathroom3BR,2.5BA$1.61
1245 Jefferson Avenue1Bed / 1Bath2BR,1BA$1.32
70 Donwood Dr2 Beds, 1 Baths2BR,1BA$1.59
1075 Andrews Street1Bed / 1Bath1BR,1BA$1.54
311 Partridge Avenue1Bed / 1Bath1BR,1BA$1.54
390 Partridge Avenue1Bed / 1Bath1BR,1BA$1.54
1740 Taylor Avenue1740 Taylor - 2 Bedrooms, 1 Bathroom2BR,1BA$1.54
611 Jefferson AvenueSmall 1 Bed1BR,1BA$1.50
Moxam Court Apartments2 Bedroom2BR,1BA$1.60
Residences at Portage Commons1 Bedroom1BR,1BA$1.60

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Winnipeg, MB Rentals by Map

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See the most popular apartments and homes in Winnipeg, MB

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Winnipeg, MB Area Reviews

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LaurieSimmons • 4+ years in Winnipeg

February 25, 2025

Winnipeg is a friendly town it’s beautiful to live friendly The housing and rental are very nice to live

Frequently Asked Questions about Cheap Winnipeg Apartments

What is the Cheapest Studio apartment in Winnipeg?

Currently the most affordable Cheap Studio Apartment in Winnipeg is at The Princeton listed at $820.

How much is rent for a Cheap One Bedroom Winnipeg Apartment?

The lowest price for a Cheap One Bedroom Winnipeg Apartment is $662 at Moxam Court Apartments.

What is the lowest price for a Cheap Two Bedroom Winnipeg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Winnipeg is starting from $975 at 611 Jefferson Avenue.

What is the most affordable Winnipeg Three Bedroom Apartment?

The best deal on a cheap Winnipeg Three Bedroom Apartment rental is at Rothesay Townhouses and starts from $1,473.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!