Property Prices in Winnipeg, Canada

Index Info
Price to Income Ratio: 4.55
Mortgage as Percentage of Income: 34.98%
Loan Affordability Index: 2.86
Price to Rent Ratio - City Centre: 11.37
Price to Rent Ratio - Outside of Centre: 11.87
Gross Rental Yield (City Centre): 8.79%
Gross Rental Yield (Outside of Centre): 8.42%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre C$1,382.36 1,200.00-1,700.00
1 Bedroom Apartment Outside of City Centre C$1,362.15 1,200.00-1,600.00
3 Bedroom Apartment in City Centre C$2,270.13 2,000.00-2,750.00
3 Bedroom Apartment Outside of City Centre C$2,097.36 1,650.00-2,700.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre C$306.02 209.96-464.51
Price per Square Feet to Buy Apartment Outside of Centre C$306.51 258.27-418.06
Salaries And Financing
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Average Monthly Net Salary (After Tax) C$3,619.46
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.64 4.00-5.00

These data are based on 168 entries from 29 contributors over the past 18 months.
Last update: 16 May 2026

Sources and References
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2 Comments so far
Alex on Jun 06, 2025:
Dear Mrs. Maden-Biava,

Thank you for sharing your heartfelt message. It’s clear that you’ve lived a life of dedication—to your family, to your students, and to the values you hold dear. Your concern about the current political climate and your desire to find peace, security, and community in your retirement are completely understandable.

If you're seriously considering relocating to Canada, there are a few steps to begin the process:

1. Explore Canadian Immigration Options: Canada offers several pathways for immigration, including for retirees. While there isn’t a specific “retiree visa,” many Americans choose to stay long-term via visitor visas, extended stays, or by applying for permanent residency through family ties or other qualifications.

2. Visitor Visa/Extended Stay: As a U.S. citizen, you can stay in Canada for up to six months at a time without a visa. Some retirees choose to spend part of the year in Canada (like "snowbirds") and return to the U.S. periodically. This may be a good way to try out life there before making a full move.

3. Cost of Living Research: Some affordable places near the U.S. border to consider include communities in British Columbia (like Kelowna or Vernon), Ontario (like Kingston or London), or even the Maritime provinces, though they're farther east. Many of these areas have active senior communities and Presbyterian churches.

4. Health Insurance Considerations: Canada’s healthcare system is public, but non-residents don’t have automatic access. You’ll need private insurance if you’re not a permanent resident, so budgeting for that is essential.

5. Reconnecting with Family: It might be worthwhile to reach out to your ex-husband’s sister in British Columbia. Even after so many years, she could be a helpful contact as you explore this transition.

6. Senior Communities & Churches: Look into retirement communities online that cater to expats or seniors in Canada. Many offer churches, senior programs, and resources to make relocation easier. Websites like Expat Exchange and the Canadian government's immigration portal can be useful starting points.

You’re clearly resilient and thoughtful, and it’s never too late to make a change that brings peace to your life. If you need more detailed guidance about any of the steps above, I’m happy to help point you in the right direction.

Wishing you comfort, clarity, and a sense of hope as you move forward.

Warm regards,
Alex.
Mrs. Linda Maden-Biava on Nov 06, 2024:
I am a 74-year-old female that wishes to move out of the United States now that we have a neo-nazi as a President, (D. Trump). I want a place to retire to for at least four years or longer or until Trump is gone. I am currently on social security and I need an inexpensive but nice place to live that has friendly people my age. I am also looking for an area with a Presbyterian Church and activities for senior citizens. I have never even considered something like this before. My father was in the Battle of the Bulge until 1954 fighting Nazi's and his unit freed human beings from concentration camps and defended democracy. My uncle was in the Korean War and my sons volunteered and fought in the Middle East for 2 years up to 21 years. I can go on and on but I am heartbroken that the stupid American people have elected a coward and a Neo-Nazi for a leader. He will destroy America and all of our allies around the world. I am so upset! This is the last straw. I do not know how or where to start. My ex-husband's sister lives in British Columbia and ran a bookstore. She has been there since the mid-1960s. I have not talked to her in over fifty years. I am just looking for a warm place to retire to that is close to the American border. I have been streaming and watching a lady on television who now lives by herself in a community in Canada. She gives tips on how to safely live by yourself in Canada. How do I start this process? I have never been this upset before at the stupidity of Americans. I am a retired teacher. Can you help me with any information? Thank you.