April 8, 2025

Average price of apartments in Montreal in 2025

Montreal, a vibrant and multicultural hub, attracts new residents, students and professionals every year and all in search of a home. In 2025, the rental property market is finally showing signs of stability. This article, written in collaboration with the CTRL and its Zipplex service,a rent tracking tool dedicated to the Canadian market, guides you through current trends in Montreal housing prices, by neighbourhood, to help you make an informed decision in your search for the ideal apartment.

Interactive map of average rent for Montreal apartments by neighbourhood

Key points of Montreal’s rental market

The average rent cost in Montreal was $1,677.95, with an average surface area of 731.95 sq. ft. for the period of January 1 to March 9, 2025.
A price increase of 0.59% compared to the same period last year.
The average surface area of available units is also down compared to last year.
There has been a widespread downward trend in the living space of available rentals in the Quebec market since January 2023, with an average loss of a little over 2 sq. ft. per month.

Table showing changes in average cost by area in Montreal

Average cost by area
	1 bedroom			2 bedrooms			3 bedrooms
Neighborhoods	Average price	Var.	Size	Average price	Var.	Size	Average price	Var.	Size
Ahuntsic-Cartierville	$1,378	12,78%	683	$1,790	15,43%	959	$1,974	-2,89%	1143
Anjou	$1,183	-6,29%	525	$1,546	-10,13%	973	$1,819	1,53%	1262
Côte-des-Neiges-Notre-Dame-de-Grâce	$1,545	13,89%	690	$1,861	-2,90%	890	$2,420	8,82%	1170
Lachine	$1,685	27,81%	734	$1,697	18,68%	830	$2,097	12,36%	1013
LaSalle	$1,183	2,09%	700	$1,560	3,77%	895	$2,097	6,93%	1105
Le Plateau-Mont-Royal	$1,623	7,70%	574	$2,007	-1,86%	849	$2,611	-1,81%	1029
Le Sud-Ouest	$1,682	5,79%	615	$2,014	-0,59%	870	$2,391	14,49%	1047
Mercier-Hochelaga-Maisonneuve	$1,368	9,38%	644	$1,552	8,20%	887	$1,847	4,04%	1109
Montréal-Nord	$1,157	12,01%	595	$1,430	21,67%	894	$1,712	-19,18%	1152
Outremont	$1,789	1,92%	634	$2,150	2,04%	859	$2,980	12,52%	1181
Pierrefonds-Roxboro	$1,665	21,72%	705	$1,905	14,97%	997	-	-	-
Rivière-des-Prairies-Pointe-aux-Trembles	$1,212	22,03%	679	$1,434	13,92%	883	$1,729	5,12%	1170
Rosemont-La Petite-Patrie	$1,362	-3,75%	596	$1,797	-7,96%	880	$2,439	14,00%	1144
Saint-Laurent	$1,528	13,01%	698	$1,698	3,11%	829	$1,875	-4,96%	994
Saint-Léonard	$1,322	14,56%	553	$1,558	15,15%	928	$1,995	5,28%	1300
Verdun	$1,528	6,33%	678	$1,722	11,88%	890	$1,976	11,55%	1078
Ville-Marie	$1,668	0,65%	591	$2,308	4,68%	941	$2,939	14,98%	1231
Villeray-Saint-Michel-Parc-Extension	$1,455	14,75%	616	$1,763	10,53%	853	$2,383	20,27%	1093
Baie-d'Urfé	-	-	-	-	-	-	-	-	-
Beaconsfield	-	-	-	-	-	-	-	-	-
Côte-Saint-Luc	$1,455	33%	710	$1,856	-28,25%	1000	-	-	-
Dollard-des-Ormeaux	-	-	-	$1,978	9,28%	965	-	-	-
Dorval	$1,362	14%	626	-	-	-	-	-	-
Hampstead	$1,715	14%	625	$2,023	35,35%	873	-	-	-
Kirkland	-	-	-	-	-	-	-	-	-
Montréal-Est	-	-	-	-	-	-	-	-	-
Montréal-Ouest	-	-	-	-	-	-	-	-	-
Mont-Royal	$1,327	23%	700	-	-	-	-	-	-
Pointe-Claire	$2,015	15%	800	-	-	-	-	-	-
Sainte-Anne-de-Bellevue	-	-	-	-	-	-	-	-	-
Senneville	-	-	-	-	-	-	-	-	-
Westmount	$1,837	4%	635	$2,095	-18,83%	856	$2,976	1,32%	1139

Affordable neighbourhoods are on the outskirts

The most affordable neighbourhoods are mostly located on the outskirts of the city. Here are some of the areas that stand out in terms of housing prices in this early part of the year:

Anjou: Located in the east of Montreal, Anjou features shopping centres, strategic roads and a public transit grid in full expansion, especially with the projected extension of the blue metro line. The borough is bustling with the arrival of new residents, attracted by larger housing units and still affordable prices. Renting a two-bedroom apartment costs $1,546, while the cost of a one-bedroom unit averages $1,183, down 10.13% and 6.29%, respectively, from the same period last year. Three-bedroom rental cost has increased, raising the average to $1,819, but with a very small variation of only +1.53%.
LaSalle: A borough located by the St. Lawrence River, LaSalle offers large green spaces, bike paths and an ideal living environment for those looking to get a little further away from downtown Montreal. The cost of rent remains subdued, with $1,560 (+3.77%) for a two-bedroom unit and $1,183 (+2.09%) for a one-bedroom unit. The increase is considerable for three-bedroom units (+6.93%), reflecting their growing appeal to families and young couples looking for more living space.
Mercier–Hochelaga-Maisonneuve: Located to the eastern side of Montreal, this dynamic borough is sought-after for its mix of residential areas, local shops and green spaces, including Parc Maisonneuve. With an average of $1,552 (+8.20%) for a two-bedroom unit and $1,368 (+9.38%) for a one-bedroom apartment, the area is experiencing a significant increase in rents, reflecting its growing popularity. Rent cost for a three-bedroom apartment averages $1,847, showing a more moderate increase of 4.04%.

Most inaccessible neighbourhoods

Renting an apartment in a number of neighbourhoods in Montreal can be difficult, mainly due to the prevalence of new condos featuring a wide range of services and their downtown proximity, making these units both exclusive and highly sought-after. There has been a significant increase in three-bedroom homes, with increases of more than 10% in one year in these three neighbourhoods.

Le Sud-Ouest: A bustling neighbourhood, Le Sud-Ouest shines with its blend of modernity and industrial heritage. In popular areas like Griffintown and Saint-Henri, rents average $2,014 for two-bedroom units and $1,682 for one-bedroom units. Three-bedroom homes, meanwhile, saw a steep increase of 14.49%, bringing the average to $2,391. Its appeal lies in its proximity to downtown Montreal, its variety of trendy shops and popular green spaces such as the Lachine Canal.
Outremont: While the price variation is modest, it is important to note that the average rent cost in Outremont is already substantial, with $2,100 for a 4½ and $2,150 for a one-bedroom unit. For a three-bedroom apartment, you can expect to pay $2,980, an increase of 12.52% over the previous year. Outremont has historically been crowded and continues to attract an affluent clientele, drawn by the character of the buildings and the proximity of educational institutions (Université de Montréal, private colleges).
Ville-Marie (Downtown): The heart of downtown Montreal remains a student favourite (thanks to Concordia, McGill, and UQAM universities) and professionals wishing to avoid a long commute. Competition is strong, and average rent costs remain top-of-list with $2,308 for a two-bedroom unit and $1,668 for a one-bedroom unit. In 2025, a three-bedroom apartment averages $2,939 per month, an increase of 14.98% from 2024.

Fast-growing neighbourhoods

Some Montreal neighbourhoods continue to stand out for their dynamism, showing significant pricing variations.

Villeray–Saint-Michel–Parc-Extension: This area exhibits marked growth, especially for three-bedroom apartments—showing a 20.3% increase. This price spike reflects the borough’s appeal to young families, but it remains more affordable than the Plateau and comparable to Rosemont or Verdun. Villeray’s appeal is explained by its growing cultural and commercial features, as well as numerous green spaces and schools. In addition, the neighbourhood benefits from great accessibility in terms of public transit and bike paths.
Lachine: This district is characterized by a record increase in rents for one-bedroom (+27.8%) and two-bedroom units (+18.7%), a clear sign of its growing popularity. This dynamism can be explained by the revitalization of the Lachine canal area, combining new residential projects, riverfront parks and a neighbourhood life buzzing with local restaurants and shops. The arrival of the REM and the proximity of the highways also make it a preferred choice for workers looking for quick downtown access, while enjoying a more peaceful and affordable lifestyle compared to the busier central city neighbourhoods.

Why the rent increase?

The Montreal rental market is going through a period of transition marked by several trends. While rent increases regularly make headlines, understanding the root causes of this upward trend is important to navigate the changing landscape. General inflation increases building operating costs, including property taxes, insurance and maintenance costs, which landlords pass on to tenants while trying to find a reasonable balance. Strong demand for rental housing, exacerbated by the high cost of home ownership, creates competition. Finally, the shortage of available housing, due in part to the historic slowdown in new construction, reduces rental supply.

How are 2025 rent increases determined?

Each year, the Tribunal administratif du logement (TAL) issues a recommendation on rising rent prices, taking into account various economic factors such as inflation and rising costs for landlords, including municipal taxes and insurance. In 2025, the TAL suggested an increase of 5.9% , a 30-year high, provoking strong reactions.

It is important to note that the TAL issues recommendations that apply to regulated rentals, i.e., leases subject to its jurisdiction. For long-term tenants, where the cumulative gap between rent and inflation is difficult to catch up, the application of the recommended increase can be justified. However, for recently leased apartments, where rent has probably been set at market prices, this increase should not be automatically applied. In addition, it is important to remember that the TAL recommendations are not mandatory, but act as a reference.

	Tips and tricks Are you a landlord? Using Zipplex is a simple and effective way to determine a market-based price point, ensuring that your units are rented at a fair and equitable price for both parties.

Encouraging outlook for the 2025 rental market

The Montreal rental market is showing signs of easing for the coming year, offering a gradual rebalancing between supply and demand. Several key indicators point to an improvement in tenant conditions:

1. A slight easing of the market

CMHC’s latest projections point to an increase in the vacancy rate from 2.1% in 2024, to 2.5% in 2025. Although modest, this increase marks a reversal of the trend observed over the past several years.

2. A new construction boom

In terms of housing starts, construction will have a record year in 2025 according to the Commission de la construction du Québec (CCQ). In 2025, 15,930 housing units were started, compared with 14,883 in January 2024 , across Quebec. In Montreal, this trend resulted in a dramatic 112% increase in housing starts, mainly driven by the construction of multi-family housing.

3. Municipal measures to streamline the market

At the same time, the City of Montreal has taken strong measures to free up housing, such as limiting short-term rentals in Montreal to the summertime and requiring a permit to do so . It is estimated that these arrangements could return more than 2,000 units to the traditional rental market by the end of 2025.

Renting in 2025: tips for tenants

Plan your research well and prepare in advance: It is better to start the process a few months ahead of searching for an apartment in order to find one that meets both your criteria and your budget.
Compare several neighbourhoods: Do not limit yourself to the most well-known areas (Plateau, Downtown, Rosemont). There are great opportunities to be had by exploring outlying neighbourhoods. While these areas may not be as broadly advertised, they nevertheless offer a good quality of life.
Negotiate the lease: Some landlords are open to small discounts if you agree to a long-term lease, or if you move in quickly. Preparing a solid rental file by pre-qualifying is also a good way to save time and show potential future landlords that you are serious.
Use a real estate broker: Did you know that real estate brokers can also help you find an apartment ? Access to off-market properties, safer rental processes and time savings are just some of the related benefits.
Check out subsidized or cooperative housing: Montreal is home to several housing cooperatives and municipal or provincial housing support programs. Check with specialist organizations or tenant associations to find out if you are eligible.

Searching for an apartment in Montreal

Prices in 2025 show that the market is showing sings of stability. Affordability is not being addressed on a larger scale, but these early signs are giving way to a wind of optimism. There are several factors to consider when looking for housing, in addition to price. First of all, you need to sort out your priorities: is proximity to schools a determining factor? Do you want to settle in an area that is well served by public transit? The good news is that Montreal’s rental offer is distinguished by the diversity of neighbourhoods, prices and types of housing, meeting the specific needs of each profile. Start your home search now on Centris.ca and use the lifestyle search function to find a property for rent that suits your needs!

Methodology

In order to compile the statistics presented above, the CTRL observed a sample of housing available during the period of January 1 to March 9, 2025, compared to the same period last year. This sample, which does not include any new housing or rental condos, is representative of the used apartment rental market. Extreme values were removed from the study, within a 90% confidence interval. CTRL did not present values for areas where data was missing or results were deemed unreliable.

Article written in collaboration with:

The Centre Technologique de Recherche sur le Logement (CTRL) is a firm specializing in the analysis of housing in Quebec. It offers various services adapted to all types of property owners and real estate professionals. Its most popular service is Zipplex , an innovative and powerful tool designed to help you quickly find available rentals in your area. This smart platform allows you to keep abreast of all things real estate in your area and access exclusive content, improving your decision-making.