Property Prices in Winnipeg, Canada

Index Info
Price to Income Ratio: 3.60
Mortgage as Percentage of Income: 23.47%
Loan Affordability Index: 4.26
Price to Rent Ratio - City Centre: 11.34
Price to Rent Ratio - Outside of Centre: 13.45
Gross Rental Yield (City Centre): 8.82%
Gross Rental Yield (Outside of Centre): 7.44%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,057.79 C$ 900.00-1,300.00
Apartment (1 bedroom) Outside of Centre 967.80 C$ 800.00-1,200.00
Apartment (3 bedrooms) in City Centre 1,642.86 C$ 1,300.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 1,513.29 C$ 1,200.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 228.20 C$ 185.80-278.71
Price per Square Feet to Buy Apartment Outside of Centre 248.17 C$ 200.00-300.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,557.78 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.76 2.00-3.75

These data are based on 269 entries in the past 18 months from 46 different contributors.
Last update: July 2021

Sources and References
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