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Nothing can speak more highly to the rebirth of Winnipeg as a city than the rebirth of the Winnipeg Jets in 2012. Atlanta’s hockey club moved to Winnipeg and was christened with the same name the former NHL team had before fleeing for Phoenix in 1996. The city has seen its population increase by almost ten percent over the past ten years, as steady growth and avoidance of boom-and-bust cycles have helped spawn new developments and growth. The growth means that there is a high demand for new housing, and finding Winnipeg houses apartments for rent is becoming a more difficult chore.
Income has steadily risen in many neighborhoods. While people do not have the high salaries of a Toronto or Vancouver, the cost of living still remains at a point where people can get a good deal for what they do make. The cost in Winnipeg for renting is still a fairly good value, considering that the additional population is causing a squeeze on demand. Vacancy rates are extremely low, so finding Winnipeg apartments can be challenging.
The prime neighborhoods to live are those that avoid the northern part of the city, where crime is highest, such as Point Douglas and the casino areas. Neighborhoods like River Heights, Norwood Flats, Deer Lodge, the Exchange District area, Garden City, Fraser's Grove, Elm Park, and Westwood offer Winnipeg houses and apartments for rent at decent values. The bigger problem, when looking for housing in Winnipeg, is timing – many properties and houses for rent in Winnipeg do not remain available for long, so constant vigilance is needed. Finding an apartment in Winnipeg can mean needing to jump on an instant deal and being in the right place at the right time.