Cheap Homes for Rent in Winnipeg, MB from $1,075 (9 Rentals)

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

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.

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.

Winnipeg, MB Local Guide

Cheapest Available Winnipeg Apartments for Rent

 

The cheapest available apartment rental in Winnipeg, MB is a Studio unit found at Borden Apartments priced from $572. Maplewood Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $624. Here is today’s list of the most affordable Winnipeg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Borden ApartmentsStudioStudio,1BA$572
Maplewood Apartments2br2BR,1BA$624
Colony Apartments1br1BR,1BA$670

Best Value Apartments for Rent in Winnipeg, MB

As of September 12, 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 2Bed / 1Bath Model at 234 Moray Street starting at $1,350 with a $1.35 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
234 Moray Street2Bed / 1Bath2BR,1BA$1.35
1225 Jefferson Avenue2Bed / 1Bath2BR,2BA$1.54
311 Partridge Avenue2Bed / 1Bath2BR,1BA$1.42
1245 Jefferson Avenue1Bed / 1Bath2BR,1BA$1.33
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
611 Jefferson AvenueSmall 1 Bed1BR,1BA$1.50
Residences at Portage Commons Apartments1 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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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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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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Location, Location, Location!

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Winnipeg, MB Area Reviews

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Sam4+ 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.

LaurieSimmons4+ 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 Winnipeg

What type of rentals are currently available in Winnipeg?

There are currently 760 Apartments for Rent in Winnipeg, MB with pricing that ranges from $728 to $5,881. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winnipeg ranging from $1,075 to $2,950.

What is the current price range for Rental Homes in Winnipeg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Winnipeg ranges from $1,075 to $2,950 with an average monthly rent of $1,866.

How much are larger Three and Four Bedroom Rentals in Winnipeg?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Winnipeg range from $1,550 to $4,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,580 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,625 and Four Bedroom Apartments start at $1,656.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.

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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.