Balanced Market
Mortgage Rates in Brandon, MB
Brandon is Manitoba's second-largest city with very affordable real estate and a strong agricultural and manufacturing economy.
Avg Home Price
$260,000
Benchmark Price
$248,000
Year-Over-Year
↑ 1.8%
Best 5-Yr Fixed
4.89%
Today's Best Rates Near Brandon
| Rate Type | Best Rate |
|---|---|
| 5-Year Fixed | 4.89% |
| 5-Year Variable | 5.45% |
| 3-Year Fixed | 4.74% |
| 2-Year Fixed | 5.1% |
| HELOC | 6.2% |
*Based on $500K mortgage, 25-year amortization, Canadian semi-annual compounding. Last updated: May 25, 2026.
Brandon Real Estate Market
Balanced Market: Supply and demand are roughly equal — a stable environment for buyers and sellers.
Brandon is Manitoba's second-largest city with very affordable real estate and a strong agricultural and manufacturing economy.
Land Transfer Tax — Brandon
Manitoba charges land transfer tax. First-time buyers may receive a rebate up to $4,500.
Neighbourhoods in Brandon
Downtown BrandonEast EndLinden LanesRichmondWaverly
Frequently Asked Questions
What is the average home price in Brandon Manitoba?
The average home price in Brandon is approximately $260,000, making it one of Canada's most affordable small cities.
Is Brandon Manitoba a good place to live?
Brandon offers very affordable living, Assiniboine Community College, a growing healthcare sector, and strong agricultural economy.
What is Brandon's economy based on?
Brandon's economy includes agriculture, Maple Leaf Foods (major employer), healthcare, education, and retail serving western Manitoba.
Is Brandon real estate a good investment?
Brandon's affordability produces strong rental yields. College and hospital employment drive consistent rental demand.
Is there a land transfer tax in Brandon?
Yes — Manitoba charges land transfer tax. First-time buyers in Brandon may receive a rebate up to $4,500.
Get Your Brandon Rate Quote
Licensed Manitoba brokers — free, no credit check.