At a glance
A northwest neighbourhood of older detached houses where owners are the majority and prices are low. About 80% of homes are detached and 17% are apartments, and 31% of households rent (2016 census).
- Median home value (est.)
- $284K* * est.: 2016 census, indexed to September 2026 · city $444K
- Residents
- 4,760 estimate for mid-2025, up from 4,545 at the 2016 census
- Households renting
- 31% city 35%
- Homes that are apartments
- 17% city 33%
What the numbers mean
- Owners valued the median home at $190K in the 2016 census. Indexed to September 2026 prices with the Winnipeg MLS® Home Price Index (+50% since then), that is about $284K, 36% below the Winnipeg median of $444K. It is an estimate: the index tracks the whole region, not this neighbourhood.
- 31% of households rent, below the 35% city-wide.
- 22% of residents are under 15, versus 17% city-wide. Expect busy schools, parks and playgrounds.
- 80% of homes are single-detached houses, versus 59% city-wide.
- Tenants paid a median of $865 a month in shelter costs in the 2016 census, which covers all tenants including long-term ones, so a new lease will cost more.
Who lives here
Share of residents by age, estimate for mid-2025, up from 4,545 at the 2016 census.
Homes
Share of homes by type, estimate for mid-2025, up from 4,545 at the 2016 census.
Upfront closing costs1
Manitoba charges a tiered land transfer tax, topping out at 2% over $200,000. Government fees at the median home price: This uses the census home value indexed to September 2026 prices, so treat it as an estimate.
- Manitoba land transfer tax
- $3,330 on $284K
- Land titles registration
- $140 on $284K
- Total
- $3,470 1.2% of the price
Typical apartment rent nearby2
Inkster-Faraday sits in CMHC's Lord Selkirk survey zone. October 2025 average rent of purpose-built rental apartments in that zone:
- Studio
- $647 −$267 vs metro average
- 1 bedroom
- $916 −$316 vs metro average
- 2 bedroom
- $1,169 −$401 vs metro average
- 3 bedroom or more
- $1,715 −$134 vs metro average
How it's changing
Winnipeg doesn't publish building permits by neighbourhood, so we can't chart construction here yet.
Safety
Neighbourhood-level crime figures aren't available for Winnipeg. The Winnipeg Police Service doesn't publish open crime counts by neighbourhood. Check Statistics Canada's crime tables for municipality-wide trends, and the local police website for crime maps. Why this is missing.