Suburban · Southeast, Winnipeg
River Park South
The largest newer neighbourhood in St. Vital, with family homes near the Red River
- Families with kids
- Buyers wanting new builds
- Commuters
At a glance
A big southeast St. Vital neighbourhood of newer detached houses and townhouse pockets on the east bank of the Red River, with a few apartment buildings near the main roads. About 67% of homes are detached and 19% are apartments, and 16% of households rent (2016 census).
- Median home value (est.)
- $487K* * est.: 2016 census, indexed to September 2026 · city $444K
- Residents
- 15,240 estimate for mid-2025, up from 13,355 at the 2016 census
- Households renting
- 16% city 35%
- Homes that are apartments
- 19% city 33%
What the numbers mean
- Owners valued the median home at $325K in the 2016 census. Indexed to September 2026 prices with the Winnipeg MLS® Home Price Index (+50% since then), that is about $487K, close to the Winnipeg median of $444K. It is an estimate: the index tracks the whole region, not this neighbourhood.
- 16% of households rent, well below the 35% city-wide. Most people here own and stay a while.
- Tenants paid a median of $1,144 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 13,355 at the 2016 census.
Homes
Share of homes by type, estimate for mid-2025, up from 13,355 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
- $7,390 on $487K
- Land titles registration
- $140 on $487K
- Total
- $7,530 1.5% of the price
Typical apartment rent nearby2
River Park South sits in CMHC's St. Vital survey zone. October 2025 average rent of purpose-built rental apartments in that zone:
- Studio
- $1,057 +$143 vs metro average
- 1 bedroom
- $1,265 +$33 vs metro average
- 2 bedroom
- $1,611 +$41 vs metro average
- 3 bedroom or more
- $1,752 −$97 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.