Primary Rental Market
% Change of Average Rent

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  2. Historical Time Periods

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Manitoba — Historical % Change of Average Rents by Bedroom Type

  Bachelor 1 Bedroom 2 Bedroom 3 Bedroom + Total
1990 October ** ** ** ** **
1991 October 3.7 c 2.8 a 2.5 a 3.3 c 2.8 a
1992 October 2.7 c 2.5 a 2.9 a 2.1 c 2.5 a
1993 October ** 0.6 a 1.1 a 1.1 d 0.7 a
1994 October ++ 0.8 a 0.8 a 0.7 b 0.9 a
1995 October ++ 0.6 b 0.7 a ++ 0.6 b
1996 October ++ ++ 0.6 b 1.0 d 0.5 b
1997 October ** 1.0 a 1.0 a 4.3 d 1.2 a
1998 October 2.4 c 1.9 a 1.9 b ++ 1.6 a
1999 October ++ 1.2 a 0.9 a ++ 1.0 a
2000 October ++ 3.2 d 1.9 c ** 2.5 c
2001 October 4.0 c 2.3 b 3.2 b 1.0 d 2.7 b
2002 October 3.6 d 2.8 a 2.0 b ** 2.6 a
2003 October 4.5 c 4.2 b 4.8 b ** 4.0 b
2004 October 3.9 d 2.2 a 2.1 a 3.1 c 2.3 a
2005 October 2.6 b 3.0 a 2.8 a 3.3 b 2.9 a
2006 October 3.4 b 2.9 a 3.3 a 3.4 b 2.9 a
2007 October 4.4 b 4.0 a 3.8 a 4.9 c 4.2 a
2008 October 4.0 c 3.9 a 3.5 a 3.1 b 4.0 a
2009 October 4.6 d 3.9 a 4.2 a 4.6 c 3.9 a
2010 October 3.3 c 3.7 a 4.3 b 4.6 c 3.6 a
2011 October 4.3 b 4.1 b 4.0 b 4.6 c 4.3 a
2012 October 2.2 c 3.4 b 3.7 b ** 3.8 b
2013 October 6.3 b 5.0 a 4.6 a 8.1 c 4.4 a
2014 October 4.5 b 3.4 a 4.0 a 4.3 c 3.6 a
2015 October 4.1 b 3.9 a 3.3 a 4.8 b 3.5 a
2016 October 2.7 b 2.0 a 2.0 a ++ 2.1 a
2017 October 3.8 b 3.9 a 3.8 a 3.3 c 3.5 a
2018 October 3.9 b 4.2 a 3.9 a 4.6 a 3.9 a
2019 October 4.5 b 3.6 a 3.0 a 4.5 a 3.3 a
2020 October 3.3 b 2.9 a 2.9 a 1.7 b 2.9 a
2021 October 3.2 c 2.6 a 2.7 a 2.7 b 2.6 a
2022 October 2.5 c 1.9 a 1.7 a 2.8 b 1.9 a
2023 October 3.1 c 4.1 b 4.1 b 4.0 c 4.0 b
2024 October 4.7 b 5.0 a 5.2 a 6.2 b 4.9 a
Notes:
  • The following letter codes are used to indicate the reliability of the estimates: a — Excellent, b — Very good, c — Good, d — Poor (Use with Caution))
  • ** — Data suppressed to protect confidentiality or data not statistically reliable
  • ++ — Change in rent is not statistically significant. This means that the change in rent is not statistically different than zero (0). (Applies only to % Change of Average Rent Tables).
Source: CMHC Rental Market Survey (opens in new window)