Moving to Montreal on a Budget: What You Need to Know

Relocating to Montreal on a budget: Everything you should know. Planning on relocating to Montreal in 2025? You’re not alone. Montreal is Canada’s second-largest city, and it keeps drawing in students, newcomers, artists, and young professionals from all over Canada and far and wide from all over the world. Montreal has a clear sense of self, a rich culture, and relatively low living costs in relation to other Canadian cities, affording it an exhilarating lifestyle full of possibility and remarkably within reach.

If you're moving for school or for your job, or even just for a new beginning in Montreal, follow along as we lead you through the process of what to anticipate and how to be frugal with your funds while getting settled. From housing and public transport to daily spending, these are the tips for easing your move to Montreal financially.

montreal residents

Why Move to Montreal? | Living in Montreal and Exploring a Diverse Canadian City

Montreal is a diverse city with incredible energy. From the world-renowned Montreal Jazz Festival to the international spotlight of the Montreal World Film Festival, the city hosts events all year long that bring people together. You’ll find a rich culture that blends French and English traditions, lively street corners with musicians and markets, and a strong sense of community.

Compared to other major Canadian cities, rent prices in Montreal remain affordable. You'll also find a wider variety of neighbourhoods with their own distinct character—some full of nightlife, others with tree-lined streets and a more residential feel. The city’s creative spirit, diverse population, and reputation for great food and art make it a standout.

When Is the Best Time to Move to Montreal?

In Quebec, most residential leases turn over on July 1st—known locally as Moving Day. It's a long-standing tradition, but it means summer moves can be stressful and more expensive. Movers are booked out, trucks are in short supply, and rent spikes are common.

For anyone watching their budget, the best time to move to Montreal is between October and April. Yes, it means braving the winter (Montreal’s weather can be a challenge with its snow cover and freezing days), but you’ll have better luck finding deals, negotiating rent, and avoiding the chaos.

Where to Live: Affordable and Interesting Neighbourhoods | Affordable Housing in Montreal's City Living Neighbourhoods

Montreal Island is made up of neighbourhoods that each bring something different. If you’re looking for affordable housing without sacrificing quality of life, here are a few places to consider:

  • Verdun: A family-friendly neighbourhood near the city center. It’s close to the river, has metro access, and offers a great mix of green spaces and urban life.

  • Hochelaga-Maisonneuve (HoMa): This area has transformed in recent years and is now popular with students and artists. You’ll find lower rents and a growing café scene.

  • Rosemont–La Petite-Patrie: Near Little Italy and Parc La Fontaine, this area has a local, lived-in feel with plenty of parks and bakeries.

  • Villeray: A quiet, safe, and well-connected spot, not far from Jean-Talon Market. Ideal for people who want city living with a calmer pace.

  • Plateau Mont-Royal: Known for its vibrant culture and nightlife, this neighbourhood is walkable and full of charm, though it’s a little pricier.

one bedroom apartment

Typical rent prices in 2025:

  • Shared apartment: $650–$850

  • Studio: $950–$1,200

  • One bedroom apartment: $1,200–$1,500

Keep an eye out for places where heat and hot water are included—it’s common in Montreal and saves on utilities.

Understanding Quebec Laws: What Newcomers Should Know

Quebec’s legal system is a bit different from other provinces, since it follows civil law. This affects things like rental rules, education, and language use. Here’s what to know:

Tenant Rights

  • Rent increases must follow strict guidelines and are not automatic.

  • Security deposits are illegal in Quebec. If someone asks for one, walk away.

  • The housing authority (TAL) handles landlord-tenant issues.

    Language Laws

    • French is the official language in Quebec. Bill 96 has expanded its use in workplaces and services.

    • In Montreal, you’ll still find bilingual service in many places—especially in the downtown core and with larger businesses.

      Visas and Health Coverage

      • If you’re here on a study or work permit, make sure you understand your legal limits—like how many hours you can work.

      • Once eligible, permanent residents, students, and workers can access Quebec’s health care system (RAMQ).

        Can I Move to Montreal Without Knowing French?

        Yes, you can—especially in central neighbourhoods or areas connected to the English Montreal School Board. English speakers are common in areas like NDG, Westmount, and downtown.

        Still, French is the primary language in many workplaces and public services. Knowing some basics helps with day-to-day life and makes job hunting easier. The government offers free language classes through Francisation Québec to help newcomers learn French.

        book in french language

        If You’re a Student: How to Stretch Your Budget

        Montreal is home to several top universities—McGill University, Concordia University, and Université de Montréal. The city offers an education system with solid academic support and lots of student discounts.

        • Housing: First-year students might choose residence, but most students live off-campus in shared apartments near campus or in Plateau, Côte-des-Neiges, or Ville-Marie.

        • Transit: A monthly transit pass (OPUS) for students costs around $57. The Montreal metro has four lines and extensive commuter stations.

        • Deals: Your student ID gets you discounts on everything from gym memberships to cafés to museums.

        • Support: Schools offer job boards, free workshops, and low-cost mental health care. Concordia’s HOJO even gives legal advice for leases and work rights.

        young professionals

        Getting to Montreal on a Budget

        • Carpool: Platforms like Kangaride help you find ride shares.

        • Book Early: Whether it’s movers or a U-Haul, early reservations save you money.

        • Pack Light: There’s no need to haul everything across the country. You can furnish your Montreal home with Facebook Marketplace finds, thrift store gems, or hand-me-downs.

        Saving Money After You Arrive

        • Groceries: Super C, Maxi, and ethnic shops in Côte-des-Neiges and Parc-Extension offer great prices.

        • Phone & Internet: Providers like Fizz and EBOX are cheaper than the big names.

        • Bank Account: Local banks often run student or newcomer promotions with no fees.

        • Furniture: Renaissance and Village des Valeurs are reliable go-to’s for second-hand goods.

        Montreal Experiences: Enjoying the City Without Overspending

        The city offers plenty of free and affordable fun. Explore the Underground City on cold days—it connects downtown offices, shopping malls, and metro stations. Enjoy summer concerts at Place des Arts or take a walk up Mount Royal for a panoramic view.

        Montreal has four distinct seasons: humid summers, colourful falls, snowy winters, and crisp springs. Embrace it all—skating in winter, festivals in summer, and café patios in between.

        Final Thoughts

        Whether you're coming from another Canadian city or another part of the world, Montreal is still one of the most affordable compared to other major cities. With its diverse population, vibrant city culture, and more affordable cost of living, Montreal takes the stress out of starting fresh.

        With a little research and some smart planning, you can make the most of everything this city offers—and feel at home before you know it.

         

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