Montreal rent report in June.

June 2021 Montreal Rent Report

Montreal Rental Trends in June 2021 

Montreal rent has been making headlines lately, but what’s actually happening in the rental market and where is it headed?

You can get the latest updates on the Montreal rental market straight to your inbox when you subscribe to keep on top of the trends.

We’re liv.rent, a platform with solutions for every step of the rental process. This report, which we provide every month, is based on data from our own platform and other listings websites to help our community of renters and landlords navigate the current rental landscape.

Let’s take a look at the actual cost of rent in Montreal for June 2021:

Jump to the following Rent Report sections:

Complete June 2021 Montreal Rent Report: Download Here

Average rent across Montreal

Let’s start by looking at the average rent for an unfurnished one-bedroom apartment in Montreal and see how it changed over the last six months.

After slumping and then going up a bit in May, June’s rental averages appear to be holding steady. This is similar to the trend we’ve seen in Toronto and Vancouver for June as well.

Rental trends over the last six months in Montreal.



Month-to-month rent change

From May to June, the percentage changes in rent have been pretty small, especially for unfurnished rent. Furnished rent dropped noticeably in half of Montreal’s neighbourhoods, including Ahuntsic-Cartierville (-12.5%) and Villeray-Parc-Extension (-10.16%.)

Unfurnished rental prices went up in Downtown (+3.25%) and Verdun (+4.63%) and a handful of others.

Percentage change in rent from May 2021 to June 2021 in Montreal.



Montreal unfurnished vs. furnished rent averages

The average rent in Montreal for an unfurnished one-bedroom apartment was virtually unchanged from $1,192 in May to $1,194 in June. Meanwhile, furnished rentals dropped a bit down from $1,426 in May to $1,375 in June.

Rental market averages for furnished and unfurnished rentals.


Neighbourhood breakdown

Rental prices vary across the city, so let’s take a closer look now at each neighbourhood in Montreal. The least expensive place to rent is Ahuntsic-Cartierville, where one-bedroom unfurnished units average $929.

In comparison, Downtown is the most expensive neighbourhood for renters. Prices are up slightly from May $1,437 to June’s $1,483.

Rental market averages for one bedroom unfurnished units in different Montreal neighbourhoods.

Looking at the different listing types, we can see the differences in one, two, and three-bedroom rent rates across each area. Here are some key takeaways:

  • The price difference between a one-bedroom and two-bedroom apartment is not that great in Verdun and Villeray-Parc-Extension
  • Downtown rents are nearing $1,500 for an unfurnished one-bedroom
  • Comparatively, three-bedroom apartments are the most affordable in Verdun and Saint-Laurent
Average rental rates by listing type for unfurnished rentals in Montreal.
Average rental rates by listing type for furnished rentals in Montreal.




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Downloadable Resources

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Complete June 2021 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:

May 2021 Vancouver Rent Report
May 2021 Toronto Rent Report
May 2021 Montreal Rent Report

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COVID-19 resources

For information regarding COVID-19 and landlords and tenants, refer to these comprehensive resource posts. They include information on the various federal and provincial assistance initiatives available to help support landlords and tenants:

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