Cheap Apartments for Rent in Winnipeg, MB from $600 (162 Rentals)

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

property at 146-146 River Ave

$895 - $900

Studio To 1 Bedroom Rentals

Available Now

146-146 River Ave

WinnipegMBR3L 0A7

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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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 Now

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
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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

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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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
Family Friendly
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property at 650 Stafford St

$1,154 - $1,350

Studio To 2 Bedroom Rentals

Available Aug 1

650 Stafford St

WinnipegMBR3M 2W8

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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property at 1055 Powers St

$1,199 - $1,399

1 To 2 Bedroom Rentals

Available Aug 1

1055 Powers St

WinnipegMBR2V 2G7
property at 21 Mayfair Pl

$1,199 - $1,479

1 To 2 Bedroom Rentals

Available Aug 1

21 Mayfair Pl

WinnipegMBR3L 0A5
property at 2415 Portage Ave

$1,208 - $1,390

1 To 2 Bedroom Rentals

Available Now

2415 Portage Ave

WinnipegMBR3J 0N2

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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property at 281 River Ave

$1,287 - $2,219

Studio To 2 Bedroom Rentals

Available Aug 1

281 River Ave

WinnipegMBR3L 0B7
property at 525-525 Lanark St

$1,289 - $1,379

1 To 2 Bedroom Rentals

Available Now

525-525 Lanark St

WinnipegMBR3N 1L8
property at 532 Wardlaw Av

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

532 Wardlaw Av

WinnipegMBR3L 0M1

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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Showing Results 1-50, Page 1 of 4

Winnipeg, MB Local Guide

Cheapest Available Winnipeg Apartments for Rent

 

The cheapest available apartment rental in Winnipeg, MB is a Studio unit found at 16 Edmonton Apartment priced from $783. 391 Balmoral Apartment has the second lowest priced unit, which is a Studio apartment currently listed from $798. Here is today’s list of the most affordable Winnipeg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
16 Edmonton ApartmentStudio, 1 Bathroom - Layout DStudio,1BA$783
391 Balmoral Apartment391 Balmoral - Studio, 1 BathStudio,1BA$798
The PrincetonBachelorStudio,1BA$835
Residences at Portage Commons1 Bedroom1BR,1BA$873
389 Balmoral Apartment389 Balmoral - Studio, 1 BathStudio,1BA$905
Chateau 100BachelorStudio,1BA$999
Hargrave Place1 Bedroom 1 Bath1BR,1BA$1,007
Chelsea PlaceBachelorStudio,1BA$1,014
834 Grosvenor Luxury Apartment834 Grosvenor - Studio, 1 BathroomStudio,1BA$1,099
STNP 01BachelorStudio,1BA$1,100

Best Value Apartments for Rent in Winnipeg, MB

As of July 09, 2026 the best value apartment in the Winnipeg area is the $1.60 price per square foot 515 McMillan Avenue - 2 Bedrooms, 2 Bathrooms Model at 515 McMillan Avenue Apartments in the starting from $1,899. The second greatest value Winnipeg apartment is the 2 Bed 1 Bath Model at Parkwood Square starting at $1,309 with a $1.21 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.
515 McMillan Avenue Apartments515 McMillan Avenue - 2 Bedrooms, 2 Bathrooms2BR,2BA$1.60
Parkwood Square2 Bed 1 Bath2BR,1BA$1.21
1245 Jefferson Avenue1Bed / 1Bath2BR,1BA$1.33
234 Moray Street2Bed / 1Bath2BR,1BA$1.61
311 Partridge Avenue2Bed / 1Bath2BR,1BA$1.42
Water's Edge Estates2 Beds, 1 Baths2BR,1BA$1.45
1075 Andrews Street1Bed / 1Bath1BR,1BA$1.53
Hargrave Place1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1.62
Hargrave Place1 Bedroom 1 Bath1BR,1BA$1.59
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 16 Edmonton Apartment listed at $783.

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

The lowest price for a Cheap One Bedroom Winnipeg Apartment is $873 at Residences at Portage Commons.

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 $1,099 at 391 Balmoral Apartment.

What is the most affordable Winnipeg Three Bedroom Apartment?

The best deal on a cheap Winnipeg Three Bedroom Apartment rental is at Mandalay Village and starts from $1,514.

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

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.