Balanced Market
Mortgage Rates in Winnipeg, MB
Winnipeg is Manitoba's capital and largest city offering some of Canada's best affordability among major cities with a diverse economy.
Avg Home Price
$355,000
Benchmark Price
$338,000
Year-Over-Year
↑ 2.4%
Best 5-Yr Fixed
4.89%
Today's Best Rates Near Winnipeg
| 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.
Winnipeg Real Estate Market
Balanced Market: Supply and demand are roughly equal — a stable environment for buyers and sellers.
Winnipeg is Manitoba's capital and largest city offering some of Canada's best affordability among major cities with a diverse economy.
Land Transfer Tax — Winnipeg
Manitoba charges land transfer tax. First-time buyers can receive a rebate up to $4,500.
Neighbourhoods in Winnipeg
Osborne VillageRiver HeightsSt. VitalTransconaCharleswood
Frequently Asked Questions
What is the average home price in Winnipeg?
The average home price in Winnipeg is approximately $355,000, making it one of Canada's most affordable major cities.
Is Winnipeg a good place to buy real estate?
Winnipeg offers excellent affordability with a stable diversified economy including government, healthcare, education, and manufacturing.
What are the best neighbourhoods in Winnipeg?
River Heights and Crescentwood are established upscale areas. Osborne Village is trendy and walkable. St. Vital is popular for families. Charleswood is suburban.
Is Winnipeg real estate a good investment?
Winnipeg offers some of Canada's best rental yields relative to purchase prices. The University of Manitoba creates student rental demand.
What is Winnipeg's rental market like?
Winnipeg has consistently low vacancy rates and strong rental demand driven by students, healthcare workers, and new immigrants.
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