Average rental rates in Montreal for September 2021.

September 2021 Montreal Rent Report

  • The overall rental average in September mirrors what we saw in July at $1,218.
  • The price difference between furnished and unfurnished units is $138 on average.
  • All Montreal neighbourhoods average more than $1,000 per month in rent for a one-bedroom.

As we move towards autumn and into September, the cost of rent in Montreal is shifting. Rental averages in the city are acting like a yo-yo right now, slipping and surging from month to month.

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.

This monthly rent report complete with liv.rent data and data scrapped manually from top listing sites shows the most accurate reflection of the true cost of rent. Read the full report now to learn more:

Jump to the following Rent Report sections:

Average rent across Montreal

First, we’ll take a look at rental trends over the last six months for an unfurnished one-bedroom apartment in Montreal. There is a small yo-yo effect happening.

Rental prices are shifting from $1,193 up to $1,218 and then back down and up again. This could point to some stability, although zooming out at the last six months and a definite yet slight upward trend emerges.

Montreal rental trends for unfurnished one-bedrooms.

Month-to-month rent change

From August to September, one-bedroom unfurnished rent dropped (-12.30%) in Villeray-Parc-Extension but went up slightly Downtown (+3.02.)

Most neighbourhoods experienced just small changes, with the biggest outlier being an increase (+13.64%) in Ahuntsic-Cartierville for one-bedroom furnished rent.

Rent changes in Montreal from August to September 2021.

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Montreal unfurnished vs. furnished rent averages

The difference between furnished and unfurnished one-bedroom averages has dipped down to just being a $138 difference.

What this means is that, for landlords and property managers, renting out a furnished suite could yield higher returns long-term, although the margins are slight right now. For renters, you can still save on rent if you bring your own furniture.

Furnished vs. Unfurnished rental averages in Montreal.

Neighbourhood breakdown

The price difference between Montreal’s most expensive and most affordable neighbourhoods is $438 for an unfurnished one-bedroom.

Let’s look more at the different listing types to see the differences in one, two, and three-bedroom rent rates across each area.

  • All Montreal neighbourhoods average more than $1,000 per month in rent for a one-bedroom.
  • Saint Henri-Westmount has the most expensive furnished three-bedroom units.
  • For unfurnished units, Notre-Dame-de-Grâce is the most affordable place to upsize from a one to a two-bedroom.
Average rental rates by listing type for Unfurnished rentals in Montreal.
Average rental rates by listing type for furnished units in Montreal.

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

August 2021 Vancouver Rent Report
August 2021 Toronto Rent Report
August 2021 Montreal Rent Report

liv.rent writer sarah anderson

Sarah Anderson, B.A.

Creative Content Writer at liv.rent

Sarah Anderson is a Creative Content Writer at liv.rent who shares the latest updates and news with the safe and trusted community of landlords and tenants at liv.rent. [Read Full Bio]

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