Effective January 1, 2025, Manitoba's new rent guideline has been set at 1.7 per cent, a significant decrease from the 2024 guideline.

Average residential rents in Canada are closing in on their pre-pandemic peak, with the median rent reportedly hovering at $1,800 per month for all property types.

Residential rents for all Canadian properties listed on Rentals.ca in February averaged  $1,820 per month, an increase of 6.2 per cent since this time last year.