Property Prices in Winnipeg, Canada

Index Info
Price to Income Ratio: 3.83
Mortgage as Percentage of Income: 26.04%
Loan Affordability Index: 3.84
Price to Rent Ratio - City Centre: 12.53
Price to Rent Ratio - Outside of Centre: 14.10
Gross Rental Yield (City Centre): 7.98%
Gross Rental Yield (Outside of Centre): 7.09%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,064.16 C$ 850.00-1,200.00
Apartment (1 bedroom) Outside of Centre 989.83 C$ 800.00-1,200.00
Apartment (3 bedrooms) in City Centre 1,550.00 C$ 1,300.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,520.08 C$ 1,200.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 247.08 C$ 200.00-325.16
Price per Square Feet to Buy Apartment Outside of Centre 264.29 C$ 232.26-300.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,593.69 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.24 2.44-3.95

These data are based on 295 entries in the past 18 months from 49 different contributors.
Last update: January 2021

Sources and References
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