Cost of living and housing at a glance
- Median home value
- $392K 2016 Census, owner-estimated value (Winnipeg's open assessment data isn't broken down this way)
- Property tax
- $4,830 a year on the median home
- Government closing fees
- $5,630 on the median home
Renting or buying in Winnipeg
The median home in Winnipeg is valued at $392K. We do not yet have a rent figure for Winnipeg, so check current listings for what apartments cost before comparing renting with buying.
The cheapest and most expensive neighbourhoods
Home values range widely inside Winnipeg. These are the lowest and highest medians among neighbourhoods with at least 1,500 residents.
Lowest median home values
| Neighbourhood | Median home | Renters | Walkability |
|---|---|---|---|
| Central Park | $93K | 89% | 93 |
| Dufferin | $139K | 69% | 69 |
| William Whyte | $148K | 60% | 77 |
| North Point Douglas | $165K | 59% | 64 |
| Broadway-Assiniboine | $168K | 93% | 75 |
Highest median home values
| Neighbourhood | Median home | Renters | Walkability |
|---|---|---|---|
| Tuxedo | $939K | 16% | 43 |
| St. Vital Perimeter South | $787K | 2% | 12 |
| Linden Ridge | $730K | 25% | 49 |
| Bridgwater Lakes | $700K | 9% | 39 |
| Wellington Crescent | $691K | 18% | 47 |
Where renting is common
The share of households that rent changes a lot from one neighbourhood to the next. Renting is most common in Alpine Place (96%), Broadway-Assiniboine (93%), West Broadway (92%), and least common in Royalwood (2%), Betsworth (3%), Radisson (4%).
Getting around without a car
Across 154 neighbourhoods, the typical everyday walkability score is 49 out of 100, and 11% score 70 or more. Each guide shows the score, the transit time to the main hubs and the commute.
Frequently asked questions
How much does a home cost in Winnipeg?
The median home is valued at $392K, based on 2016 Census, owner-estimated value (Winnipeg's open assessment data isn't broken down this way). Prices vary widely between neighbourhoods, from $93K in Central Park to $939K in Tuxedo.
Which neighbourhoods are the most affordable in Winnipeg?
Among neighbourhoods with at least 1,500 residents, the lowest median home values are in Central Park ($93K), Dufferin ($139K), William Whyte ($148K). See the full ranking on our most affordable neighbourhoods page.
What are the closing costs when buying in Winnipeg?
Manitoba charges a tiered land transfer tax, topping out at 2% over $200,000. On the median home of $392K, government fees come to about $5,630. Legal fees, title insurance and adjustments are extra.
How much is property tax in Winnipeg?
The 2026 combined tax rate is 1.232% of assessed value, or about $4,830 a year on the median home of $392K.
Can you live in Winnipeg without a car?
It depends where you live. Across 154 neighbourhoods, the typical everyday walkability score is 49 out of 100, and 11% of them score 70 or more. Check each guide for the score and for transit times to the main hubs.
Next steps
- All 154 neighbourhoods
- Match me to a neighbourhood
- Compare neighbourhoods
- Most walkable
- Most affordable
- Best for families
- Lowest reported crime
Home values are assessed or benchmark values, not sale prices, and rents are survey averages for the whole metro area. Figures are for general information, not financial, tax or legal advice: check current listings and talk to a mortgage professional or lawyer before you decide. Sources are on each neighbourhood guide and on the About the data page.
Spot a mistake or something we missed? Tell us about this page.