Like any large city, home prices in Winnipeg have continued to increase over the years. Fortunately, there are still some neighborhoods in Winnipeg that offer some affordable housing options. These are the cheapest neighborhoods in Winnipeg for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Winnipeg.

Population 453
-9%
Median Home Value $492,640
9% less expensive than Winnipeg
Population 4,637
-8%
Median Home Value $494,955
8% less expensive than Winnipeg
Population 4,732
-8%
Median Home Value $496,642
8% less expensive than Winnipeg
Population 5,819
-7%
Median Home Value $499,287
7% less expensive than Winnipeg
Population 4,944
-7%
Median Home Value $501,611
7% less expensive than Winnipeg
Population 6,060
-7%
Median Home Value $503,354
7% less expensive than Winnipeg
Population 1,153
-7%
Median Home Value $504,209
7% less expensive than Winnipeg
Population 1,467
-6%
Median Home Value $507,515
6% less expensive than Winnipeg
Population 3,468
-5%
Median Home Value $510,422
5% less expensive than Winnipeg
Population 539
-5%
Median Home Value $512,119
5% less expensive than Winnipeg