December 2020 Montreal Rent Report

As the second wave of the pandemic continues in Montreal and measures to help curb the spread persist, we take a closer look at the reported average rent prices for the month of December across the Montreal region. Based on data gathered from numerous listing websites and our own liv.rent platform, our rent reports seek to identify and share key market data and trends, to help inform and educate landlords and tenants alike.

Jump to the following Rent Report sections:

Complete December 2020 Montreal Rent Report: Download Here

Montreal Rent Trends

The numbers collected this month come as Quebec renews measures to prevent a second wave of COVID-19. Looking at a 6 month period beginning in July, Montreal has experienced significant downward pressure on rental rates however, there is a glimmer of hope in December, a slight recovery seems apparent.

Month-to-Month Rent Change

Below we show the percentage change in average rent from November to December’s figures. December numbers continue to show volatility with the largest decrease for unfurnished rental rates occurring in Plateau Mount Royal- a 7.18 % drop. Meanwhile, Downtown furnished and unfurnished rentals experienced a recovery of 9.85% and 8.72% respectively.



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Montreal Unfurnished vs. Furnished Rent Averages

The average rent in Montreal for an unfurnished one-bedroom apartment in December is $1,236 up from November’s $1,218. The average cost of a furnished rental recovered somewhat to $1,512 as compared to November’s $1,455.


Neighbourhood Breakdown

The Montreal neighbourhood of Ahuntsic-Cartierville had the lowest average rent in the region with a 1 bedroom, unfurnished unit costing $1,050 up from last month’s $1,008 while rents Downtown were highest at $1,558.


To assist you in your rental decision, here is a breakdown of rental averages across other Greater Montreal neighbourhoods. Comparing 1, 2, and 3 bedroom rates for both unfurnished and furnished listings across each neighbourhood.


Gain comprehensive insights about your listings with the new liv.rent Landlord listing Dashboard. Sign in to unlock live insights – find out the average rent for a comparable property, number of views your listing received and more!

Downloadable Resources

Save the complete December 2020 Rent Report package for easy sharing and reference.

Complete December 2020 Montreal Rent Report: Download Here

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Subscribe to receive these monthly updates on the Vancouver rental market. Discover last month’s Rent Reports below:

December 2020 Vancouver Rent Report
December 2020 Toronto Rent Report
December 2020 Montreal Rent Report

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COVID-19 Resources

For information regarding Coronavirus (COVID-19) and landlords and tenants, refer to our comprehensive resource posts. They include information on the various federal and provincial assistance initiatives available to help support landlords (small business relief) and tenants (rent relief):

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