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June 2022 Montreal Rent Report

6 min read
Greg Park

Greg Park

Creative Content Writer at

Published on June 01, 2022

Last updated on October 27th, 2022

  • Montreal’s city-wide average rent for unfurnished one-bedroom units has risen $14 this June
  • It now costs an average of $503 more per month to rent an unfurnished, one-bedroom in Downtown than in Hochelaga-Maissoneuve
  • Average rent for unfurnished, one-bedroom units in Saint Henri is up +8.40% this month

Montreal’s average rent prices continue to climb, up another $14 this June. Although not as pronounced as the increases in Vancouver and Toronto, Montreal has established a consistent upward trend since the beginning of the year, aside from a brief dip in March.

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This monthly rent report complete with data and information collected from top listing sites shows the most accurate reflection of the true cost of rent in Montreal. Download and read the full report below 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. This June, prices have risen by $14 for another yearly high of $1,464. Since the large jump in price between January and February, prices have been on a steady incline – up $50 since February. We’ll keep an eye on prices as we head into the busier summer months, but further increases are likely as we approach the warmer season.

rental averages and trends for Montreal via the June 2022 liv rent report

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Month-to-month rent change

For the most part, rent prices in Montreal’s various neighbourhoods weren’t nearly as volatile as they have been in previous months. In terms of unfurnished units, Saint Henri (+8.40%), Villeray-Parc-Extension (+8.06%), and Ahuntsic-Cartierville (+3.45%) saw the largest increases in price, while Notre-Dame-de-Grâce (-5.82%), Saint-Laurent (-3.12%), and Westmount (-2.27%) saw the biggest losses.

Most of the major changes for furnished units this month were decreases – Côte-Des-Neiges (-12.72%), Villeray-Parc-Extension (-10.55%), and Ahuntsic-Cartierville (-5.28%). The only gains to note were in Hochelaga-Maissoneuve (+4.80%) and The Plateau-Mont-Royal (+4.02%).

Downtown was typically stable for both furnished and unfurnished units, with small decreases for both. Furnished units declined -2.96% and unfurnished units declined -3.01% this month.

percentage change by Montreal neighbourhood and unit type via the June 2022 liv rent report

Montreal unfurnished vs. furnished rent averages

Furnished one-bedroom units in Montreal are still more expensive than unfurnished units, by an average of $91 this month. This shows that landlords can still earn a higher profit by renting out a furnished unit, on average – though not by as much as one might expect. For renters, you can still save a bit on rent if you are able to bring your own furniture.

average rent for furnished vs unfurnished units in Montreal via the June 2022 liv rent report

Neighbourhood breakdown

most and least expensive neighbourhood in Montreal for the May 2022 liv rent report

The gap in price between Montreal’s most and least expensive neighbourhoods has widened this may – it now costs $503 more to rent in Downtown than in Hochelaga-Maisonneuve. The former has reclaimed its title as the city’s most expensive neighbourhood this month at $1,695, while Hochelaga-Maisonneuve has been the cheapest for some time now, at $1,192 per month for an unfurnished, one-bedroom unit, on average.

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

  • Two-bedroom, unfurnished units in Hochelaga-Maissoneuve are cheaper than one-bedroom units in The Plateau-Mont-Royal, Saint Henri, Westmount, and Downtown.
  • Downtown had the most expensive monthly rent prices for all unit types this month with the exception of two-bedroom, furnished rentals.
  • One-bedroom, furnished rentals are cheaper in Côte-des-Neiges than anywhere else in Montreal.
average rent by listing type for unfurnished units in Montreal for the June 2022 liv rent report
average rent by listing type for furnished units in Montreal, part of the June 2022 liv rent report

Is your rental priced competitively?

Find out with a free rent estimate. Our team of rental experts will calculate your unit’s true value based on your listing details & current market trends.

Be sure to subscribe to our mailing list so you never miss an update on the Montreal rental market.

Downloadable Resources

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Data collection methodology

Our monthly rent reports use data from our own listings, as well as data our team manually collects from other popular listing sites. For our Vancouver and Toronto Rent Reports, we look at Craigslist, Kijiji, Zumper, PadMapper, and – as well as our own listings. For Montreal, we use PadMapper, Centris, and DuProprio, looking at available basement suites, apartments, condos, townhouses, semi-detached houses, and single-detached houses for each area.

When collecting this data, we do exclude luxury properties listed at over $5,000, as well as rooms for rent and shared accommodation. Investing in manual data collection means that we only consider the current month’s listing, since we can filter out duplicate listings and older ads that haven’t been removed.

Another key difference between our data collection methods and some government agencies like the CMHC is that we only include current asking rent prices. Many official reports will include data for entire buildings in their reports, which tends to skew numbers lower since many units are already occupied, and may be rent-controlled or rented for significantly lower than the current rates.

As we are a Canadian rental platform founded and based in Vancouver, we want to ensure that we’re providing a completely accurate depiction of the rental market in the cities we look at.

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

May 2022 Montreal Rent Report
May 2022 Toronto Rent Report
May 2022 Vancouver Rent Report


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