The average cost for a one-bedroom apartment as of July is about $1,753. Rental costs in 2024 have increased 17.85 per cent from a year ago.
The average cost of rent in 2024 is about $1,650, according to data from the first quarter of the year from Centris.ca, representing a 17.85-per-cent increase compared with the same period last year. Rentals.ca estimates average rent for a one-bedroom as of July is about $1,753.
The most expensive neighbourhoods are Outremont, Ville-Marie, the Sud-Ouest and Plateau-Mont-Royal, while the cheapest are Montreal North, Rivières-des-Prairies–Pointe-aux-Trembles, Dorval and Anjou, according to Centris.
It notes the average rent in Montreal has increased for the 10th consecutive quarter. The increase was greater among three-bedroom units and more moderate for one-bedroom units.
“The average prices for units added to the market were $1,423, $1,803 and $2,143 for one-, two- and three-bedroom apartments respectively,” Centris said.
Rentals.ca, meanwhile, ranks the city as 22nd most expensive to live in Canada, with Vancouver, Burnaby and Toronto in the top three spots.
If you’re apartment hunting, here are some examples of what the average price — $1,700 ish — can get you in each of Montreal’s boroughs:
Ahuntsic-Cartierville: Two-bedroom, $1,700
Where: 8950 St-Laurent Blvd.
Walk score: 93
Size: 750 square feet
Included: Appliances (including laundry), internet. Utilities excluded.
Anjou: Two-bedroom, $1,495
Where: 8551 de Louresse Ave.
Walk score: 36
Size: 1,000 square feet
Included: Unspecified
Bonus: Backyard
Côte-des-Neiges–Notre-Dame-de-Grâce: Three-bedroom, $1,750
Where: 6133 Sherbrooke St. West
Walk score: 95
Size: Unspecified
Included: Appliances (including laundry), hot water. Other utilities excluded.
Bonus: Powder room in addition to bathroom
Lasalle: Two-bedroom, $1,595
Where: 62 2nd Ave.
Walk score: 81
Size: 1,012 square feet
Included: No appliances, utilities unspecified
Bonus: One cat permitted
Lachine: Two-bedroom, $1,600
Where: 663 4th Ave.
Walk Score: 80
Size: Unspecified
Included: Appliances (including laundry), utilities excluded
Plateau-Mont-Royal: Two-bedroom, $1,750
Where: 1352 Laurier Ave. East
Walk score: 98
Size: 850 square feet
Included: Unspecified
Bonus: Cats allowed
Sud-Ouest: One-bedroom, $1,700
Where: 4855 St-Ambroise St.
Walk score: 96
Size: 609 square feet
Included: Appliances (including laundry), internet, heating, electricity
L’Île-Bizard–Sainte-Geneviève: Two-bedroom, $1,550
Where: 42 Roy St.
Walk score: 28
Size: 900 square feet
Included: Unspecified
Bonus: Parking space
Mercier-Hochelaga-Maisonneuve: Two-bedroom, $1,690
Where: 8915 de Teck St.
Walk score: 87
Size: Unspecified
Included: Laundry, utilities unspecified
Bonus: Patio and barbecue
Montreal North: Two-bedroom, $1,750
Where: 10812 St-Julien Ave.
Walk score: 90
Size: Unspecified
Included: Unspecified
Outremont: Two-bedroom, $1,700
Where: 590 Bloomfield Ave.
Walk score: 99
Size: Unspecified
Included: Unspecified
Pierrefonds/Roxboro: One-bedroom, $1,590
Where: 5025 des Sources Blvd.
Walk score: 83
Size: 582 square feet
Included: Appliances, utilities unspecified
Bonus: pool access
Rivière-des-Prairies–Pointe-aux-Trembles: Two-bedroom, $1,650
Where: 16241 Forsyth St.
Walk score: 53
Size: 929 square feet
Included: Appliances (including air conditioner), utilities unspecified
Bonus: One cat permitted
Rosemont–La Petite-Patrie: Two-bedroom, $1,650
Where: 3857 Dandurand St.
Walk score: 88
Size: Unspecified
Included: Unspecified
St-Laurent: Two-bedroom, $1,600
Walk score: 91
Size: Unspecified
Included: No appliances, utilities unspecified
St-Léonard: Two-bedroom, $1,600
Where: 7020 de Lisieux St.
Walk score: 95
Size: Unspecified
Included: Appliances unspecified, utilities excluded
Bonus: Backyard
Verdun: Two-bedroom, $1,750
Where: 1005 Rielle St.
Walk score: 93
Size: Unspecified
Included: Appliances (including laundry), utilities
Ville-Marie (downtown): One-bedroom, $1,690
Where: 3465 Redpath St.
Walk score: 95
Size: 1,030 square feet
Included: Appliances (laundry in basement), utilities exluded
Bonus: Powder room in addition to bathroom, cats allowed under approval
Villeray–St-Michel–Parc-Extension: Three-bedroom, $1,750
Where: 4224 39th St.
Size: Unspecified
Walk score: 89
Included: Appliances unspecified, utilities excluded