Cheap Apartments for Rent in Winnipeg, MB from $728 (185 Rentals)

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

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Chateau 100
$999 - $1,689
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,689
Total Monthly Price
$999 - $1,689
Studio to 2 Bedroom Apartments Available Sep 1

Chateau 100

72 Donald StWinnipeg, MB R3C 1L7
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Chelsea Place
$1,014 - $2,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,014 - $2,200
Total Monthly Price
$1,014 - $2,200
Studio to 3 Bedroom Apartments Available Now

Chelsea Place

130 Beliveau RdWinnipeg, MB R2M 1S7
Family Friendly
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 250 Furby St

$1,049 - $1,200

Studio To 1 Bedroom Rentals

Available Now

250 Furby St

WinnipegMBR3C 2A9
property at 480 Charles St

$1,059 - $1,329

1 To 2 Bedroom Rentals

Available Oct 1

480 Charles St

WinnipegMBR2W 4B9

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Bend
$1,152 - $2,644
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $2,644
Total Monthly Price
$1,152 - $2,644
1 to 2 Bedroom Apartments Available Now

The Bend

90 Alexander AvWinnipeg, MB R3B 0L3
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property at 1790 Portage Ave

$1,165 - $1,474

Studio To 2 Bedroom Rentals

Available Oct 1

1790 Portage Ave

WinnipegMBR3J 0E9
property at 1055 Powers St

$1,199 - $1,399

1 To 2 Bedroom Rentals

Available Oct 1

1055 Powers St

WinnipegMBR2V 2G7

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 671 McMillan Ave

$1,201 - $1,310

1 To 2 Bedroom Rentals

Available Oct 1

671 McMillan Ave

WinnipegMBR3M 0S6
property at 2415 Portage Ave

$1,208 - $1,390

1 To 2 Bedroom Rentals

Available Now

2415 Portage Ave

WinnipegMBR3J 0N2
property at 555 River Ave

$1,257 - $1,465

1 To 2 Bedroom Rentals

Available Oct 1

555 River Ave

WinnipegMBR3L 0E3
property at 525-525 Lanark St

$1,289 - $1,379

1 To 2 Bedroom Rentals

Available Oct 1

525-525 Lanark St

WinnipegMBR3N 1L8

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 491 Stradbrook Ave

$1,325 - $1,493

Studio To 1 Bedroom Rentals

Available Sep 1

491 Stradbrook Ave

WinnipegMBR3L 0K2
property at 690 Jefferson Ave

$1,335 - $1,495

1 To 2 Bedroom Rentals

Available Now

690 Jefferson Ave

WinnipegMBR2V 0P6

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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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 Bellarosa Apartments priced from $710. The Princeton has the second lowest priced unit, which is a Studio apartment currently listed from $728. Here is today’s list of the most affordable Winnipeg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bellarosa Apartments1br1BR,1BA$710
The PrincetonBachelorStudio,1BA$728
River Circle Apartments1br1BR,1BA$742
Locarno Apartments2br2BR,1BA$800
Residences at Portage Commons1 Bedroom1BR,1BA$873
389 Balmoral Apartment389 Balmoral - Studio, 1 BathStudio,1BA$905
391 Balmoral Apartment391 Balmoral - Studio, 1 BathStudio,1BA$921
160 Johnson Ave WestBachStudio,1BA$925
283 Portage AveStudio, 1 BathsStudio,1BA$995
98MStudio, 1 BathsStudio,1BA$1,095

Best Value Apartments for Rent in Winnipeg, MB

As of August 23, 2026 the best value apartment in the Winnipeg area is the $1.51 price per square foot 2 Bedroom Model at 300 Assiniboine in the starting from $1,913. The second greatest value Winnipeg apartment is the Eve v. A Model at Blumberg Parks Edge starting at $2,028 with a $1.66 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.
300 Assiniboine2 Bedroom2BR,2BA$1.51
Blumberg Parks EdgeEve v. A3BR,1.5BA$1.66
Chelsea Place3 Bed 1 Bath3BR,1BA$1.65
234 Moray Street2Bed / 1Bath2BR,1BA$1.61
1245 Jefferson Avenue1Bed / 1Bath2BR,1BA$1.33
1225 Jefferson Avenue2Bed / 1Bath2BR,2BA$1.49
Arden Hollows2 Bedroom(s) and 2 Bathroom(s)2BR,2BA$1.64
1075 Andrews Street1Bed / 1Bath1BR,1BA$1.53
Hargrave Place1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1.62
Residences at Portage Commons1 Bedroom1BR,1BA$1.63

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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!

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Winnipeg, MB Area Reviews

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Sam • 4+ years in Winnipeg

August 6, 2026

Cost of living is becoming more difficult, even in this small city of under 1 million people. They say the rule of thumb that rent or housing shouldn't be more than 30% of your income. Majority of people who are renting, it is 60-70% of their income. Let alone, think about how many single parents only have one income to depend on. Average salary is ranging from 40-60K a year. Make it make sense! None of it makes sense. Everyone is home poor. Something needs to be done about rent going up every year, which is insane. Business are so money hungry and want to make a profit but pay their employees garbage salaries. Yes, i'm on a rant. Winnipeg is a nice small city, but it's not affordable like it used to be.

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 $728.

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

The lowest price for a Cheap One Bedroom Winnipeg Apartment is $710 at Bellarosa 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 $800 at Locarno Apartments.

What is the most affordable Winnipeg Three Bedroom Apartment?

The best deal on a cheap Winnipeg Three Bedroom Apartment rental is at Locarno Apartments and starts from $1,158.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.