Cheap Homes for Rent in Winnipeg, MB from $900 (8 Rentals)

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

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.

property at 412 Ferry Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Townhome for Rent

Available Now

412 Ferry Rd

WinnipegMBR3J 1W4

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.

Winnipeg, MB Local Guide

Cheapest Available Winnipeg Apartments for Rent

 

The cheapest available apartment rental in Winnipeg, MB is a Studio unit found at The Princeton priced from $835. Residences at Portage Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $873. Here is today’s list of the most affordable Winnipeg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The PrincetonBachelorStudio,1BA$835
Residences at Portage Commons1 Bedroom1BR,1BA$873
185 Donald StreetStudio, 1 BathroomStudio,1BA$875

Best Value Apartments for Rent in Winnipeg, MB

As of June 13, 2026 the best value apartment in the Winnipeg area is the $1.61 price per square foot 2-75 Oak Park Walk - 3 Bedrooms, 1 Bathroom - T... Model at 2-75 Oak Park Walk in the starting from $1,899. The second greatest value Winnipeg apartment is the 1Bed / 1Bath Model at 1245 Jefferson Avenue starting at $1,329 with a $1.33 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.
2-75 Oak Park Walk2-75 Oak Park Walk - 3 Bedrooms, 1 Bathroom - T...2BR,1.5BA$1.61
1245 Jefferson Avenue1Bed / 1Bath2BR,1BA$1.33
1225 Jefferson Avenue2Bed / 1Bath2BR,2BA$1.49
311 Partridge Avenue2Bed / 1Bath2BR,1BA$1.42
390 Partridge Avenue1Bed / 1Bath1BR,1BA$1.53
1075 Andrews Street1Bed / 1Bath1BR,1BA$1.53
Hargrave Place1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1.62
The Prince Randolph Apartments1 Beds, 1 Baths1BR,1BA$1.59
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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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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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 726 Apartments for Rent in Winnipeg, MB with pricing that ranges from $835 to $6,614. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winnipeg ranging from $900 to $3,000.

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 $900 to $3,000 with an average monthly rent of $2,055.

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 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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.