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HomesTrend / Winnipeg / Indicators / Rental Vacancy

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 โ€” which pushes rents up and can push renters toward buying.

Rental Vacancy ยท Winnipeg CMA (CMHC, annual)Updated Jan 2025
2.8%
Updated annually ยท โ–ฒ 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 September 2026, Winnipeg's strongest market signal is Hold at 75% โ€” Buy 44%, Hold 75%, Sell 55%.

Market conditions strongly favour holding โ€” prices are stable and inventory is balanced.

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 ยท Manitoba (Statistics Canada)
4.6%

Common questions

Is now a good time to buy in Winnipeg?
As of September 2026, Winnipeg's strongest market signal is Hold (75%). Market conditions strongly favour holding โ€” prices are stable and inventory is balanced. 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.
Wondering if it's a good time to buy in Winnipeg?
See the Winnipeg signal โ†’
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Data sourced from Bank of Canada, OSFI, Statistics Canada, CMHC. Not financial advice.