At the start of 2026, renting in Montréal feels different than it did a year ago — not easier, but more predictable. After several years of sharp increases, the average rent in Montreal has stopped jumping month to month, yet it has not gone down in any meaningful way. Based on recent data and real listings, the average rent prices now sit roughly between $1,500 and $1,900 per month, depending on the unit, location, and rental terms.
For most tenants, this means adjusting expectations rather than waiting for prices to fall. The average rent for 1 bedroom apartment in Montreal is now close to $1,560, while the average 2 bedroom rent in Montreal often exceeds $2,000, especially in central neighborhoods like Plateau Mont Royal and Saint Henri. Areas farther from the core, such as Ahuntsic Cartierville, parts of Des Neiges, or LaSalle, still offer lower entry points, but availability is tighter than last year.
This article gives a clear overview of average apartment rent in Montreal in 2026, based on market behaviour, not marketing headlines — to help tenants make informed decisions about budget, location, and timing.
What Actually Affects Apartment Prices in Montreal (2026 Reality)
Rent prices in Montréal are shaped by everyday realities, not just statistics. In 2026, several factors consistently influence the average cost of rent in Montreal:
Location and access
Proximity to metro stations remains one of the strongest drivers of rent. Units with fast access to downtown, universities, and major employment zones are more expensive, regardless of size.
Apartment size and layout
Studios and one-bedroom units dominate demand. Once a unit reaches two or three bedrooms, prices rise quickly, especially if the layout is functional and the building is well maintained.
Furnished vs unfurnished
Furnished apartments usually show higher rent prices, but they reduce upfront spending. For many tenants, this balances out over time.
Rental terms
Monthly and medium-term rentals cost more than long-term leases. Flexibility has a price in the current market.
Building condition
Older buildings may seem cheaper, but heating efficiency, electricity costs, and maintenance often offset the lower rent.
Timing and availability
July remains the most competitive month. Searching in January, April, or later in the year can improve availability and reduce pressure.
All these elements explain why average rent price in Montreal varies so widely even within the same area.
Average Apartment Prices in Montreal in 2026 (Realistic Ranges)
Looking at realistic ranges is more useful than chasing a single average number. Based on current listings and tenant reports, here is what renters are actually paying:
Private room / shared apartment
$650–$990 CAD
Common among students, new residents, and people managing a tight budget.
Studio (furnished)
$990–$1,400 CAD
A popular choice for solo renters who want independence without a long lease.
1-bedroom furnished apartment
$1,250–$1,350 CAD
Close to the average rent for 1 bedroom apartment in Montreal outside premium zones.
2-bedroom furnished apartment
$1,750–$1,990 CAD
This aligns with the average rent for 2 bedroom apartment in Montreal, though central areas often exceed it.
3-bedroom and larger units
$2,250–$3,300+ CAD
The average rent for 3 bedroom apartment in Montreal climbs quickly with size and location.
These numbers reflect real market behaviour, not ideal scenarios.
Apartment Prices by Area (What Renters Really Pay)
Instead of ranking neighborhoods, it’s more practical to group them by price behaviour and lifestyle.
Downtown & Central Areas (Berri-UQAM, Ville-Marie)
These zones consistently show higher average rent prices.
-
Among the most expensive areas
-
Strong demand year-round
-
High share of furnished apartments
-
Ideal for short and medium stays
Tenants here often pay for access, not space.
Residential but Well-Connected (Rosemont, NDG)
These areas offer better balance.
-
More space for the price
-
Stable residential feel
-
Good transit access
-
Popular for 2–6 month rentals
Often listed among affordable neighbourhoods with solid long-term value.
South-West & Metro-Linked Areas (Verdun, Angrignon, Sud-Ouest)
These neighborhoods attract value-focused renters.
-
Lower entry prices
-
Good metro access
-
Suitable for families and longer stays
Demand is growing, but these areas remain competitive.
Monthly & Medium-Term Rentals: A Separate Price Category
Monthly rentals operate under different rules. Flexibility, furniture, and predictable terms push rent prices higher than standard leases. Still, many tenants prefer this format because it limits long-term commitment and setup costs.
In 2026, this segment continues to grow as more residents choose mobility over permanence.
Hidden Costs Renters Often Forget to Budget
Rent alone does not define affordability. Tenants often underestimate:
-
Electricity and heating
-
Internet and services
-
Laundry access
-
Transportation
-
Furniture for unfurnished units
Ignoring these costs can make an apartment feel more expensive than expected.
Final Thoughts: What to Expect from Montreal Rental Prices in 2026
The average rent in Montreal, Canada is still lower than in several big cities, but the gap is getting smaller. Prices are the same as they were last year, but there is still a lot of competition.
Tenants who know what the typical prices are, pick their communities carefully, and have a realistic budget are more likely to find a good place to live in 2026.
FAQ — Apartments & Prices in Montreal (2026)
What is the average rent in Montreal in 2026?
Most listings fall between $1,500 and $1,900, depending on size and location.
How much is a furnished apartment near metro?
Expect $1,250+ for a one-bedroom, higher in central areas.
Are rent prices still increasing?
Growth has slowed, but demand remains strong.
Is monthly rent more expensive than long-term leases?
Yes, but it reduces upfront costs.
Which areas offer the best value?
Rosemont, NDG, Verdun, and Ahuntsic Cartierville.
Are utilities included?
Often included in furnished or monthly rentals; less common in long-term leases.
Add new comment