What is the rental vacancy rate in Winnipeg right now?
The vacancy rate is the share of rental units sitting empty in Winnipeg. A low number means rentals are scarce — which pushes rents up and can push renters toward buying.
Rental Vacancy · Winnipeg CMA (CMHC, annual)·Updated Jan 2025
2.8%
Updated annually · ▲ 1.1 pp vs last year
The percentage of rental units in Winnipeg that are currently empty. A low vacancy rate means rentals are scarce, which puts upward pressure on rents and can push renters toward buying.
Recent trend
Last 24 months
What this means for Winnipeg right now
As of June 2026, Winnipeg's strongest market signal is Hold at 58% — Buy 41%, Hold 58%, Sell 56%.
Market conditions currently favour holding — prices are stable.
What this means for you
If you're buying
A tight rental market (low vacancy) often nudges renters into buying, adding demand. A looser market eases that pressure.
If you're selling
Low vacancy supports rental demand and can make income properties more attractive to buyers.
Winnipeg market context
One of Canada's most affordable major markets, with steadier price swings than the coasts.
Unemployment Rate · Manitoba (Statistics Canada)
4.7%
Common questions
Is now a good time to buy in Winnipeg?
As of June 2026, Winnipeg's strongest market signal is Hold (58%). Market conditions currently favour holding — prices are stable. Not financial advice.
What is a healthy vacancy rate?
Around 3% is generally considered balanced; below that, rentals are tight and rents tend to rise.
How often is the Winnipeg vacancy rate updated?
CMHC publishes it once a year, so it changes annually rather than monthly.