October 2026 Montreal rent report

At a glance

• Montreal rents remain below last year, but the unfurnished gap is the smallest in six months
  • The average asking rent for an unfurnished one-bedroom was $1,611 in October 2026, down 2.2% from $1,647 in October 2025. The year-over-year gap was 6.2% in July. Furnished one-bedrooms are down 3.8% over the same period, from $1,708 to $1,643.
• Downtown overtakes Westmount as the priciest of the 10 neighbourhoods we track
  • Downtown unfurnished one-bedroom rents rose 2.19% from September to $1,845, while Westmount fell 5.98% from $1,853 to $1,743. Villeray-Parc-Extension remains the most affordable at $1,387.
• Furnished one-bedrooms gained ground while unfurnished units eased
  • The average furnished one-bedroom rose 0.29% from September to $1,643, while the unfurnished average decreased 0.57% to $1,611. A furnished one-bedroom now rents for $32 more per month than an unfurnished one, up from $18 in September, and furnished rents rose in six of the nine neighbourhoods with data.

Download liv.rent’s 2026 Canada rental market trends report for in-depth insights and forecasts on average rent prices, regional market comparisons, key economic drivers, and emerging AI trends shaping Canada’s rental landscape.

Average rent across Montreal

This month, the average asking rent for an unfurnished one-bedroom unit in Montreal decreased 0.57% from September, settling at $1,611 per month. Since October 2025, the Montreal average for an unfurnished one-bedroom has decreased 2.2%, a drop of $36.

Viewed across the year so far, unfurnished one-bedroom rents have moved within a narrow band of $1,586 to $1,636 and have stayed below the same month in 2025 every month. The gap against last year has narrowed from 6.2% in July to 2.2% in October.

Want a point of comparison? Browse our Metro Vancouver and Toronto rent reports to see how Montreal stacks up against two of Canada’s other major rental markets.

Planning a lease renewal? For leases renewing between April 2, 2026 and April 1, 2027, the Tribunal administratif du logement’s base percentage for rent increases is 3.1%. It is a guideline and not a cap: a tenant can refuse an increase and stay, and the landlord can then ask the tribunal to set the rent. Our guide to Quebec rent increases explains the steps.

Month-to-month rent change

To better understand how rents have shifted across Montreal neighbourhoods since September, here are the most significant month-to-month movements for furnished and unfurnished one-bedroom units.

Among furnished one-bedroom units, Westmount recorded the largest increase at 4.03%, followed by Notre-Dame-de-Grâce/Côte-des-Neiges at 3.70% and Le Plateau-Mont-Royal at 3.30%. Villeray-Parc-Extension posted the largest decrease at 4.74%, followed by Ahuntsic-Cartierville at 2.50% and Hochelaga-Maisonneuve at 1.99%.

Among unfurnished one-bedroom units, Saint Henri recorded the largest increase at 7.12%, followed by Villeray-Parc-Extension at 4.68% and Downtown at 2.19%. Westmount posted the largest decrease at 5.98%, followed by Notre-Dame-de-Grâce/Côte-des-Neiges at 5.52% and Verdun at 3.77%.

Montreal unfurnished vs. furnished rent averages

Average prices moved in opposite directions this month. Furnished one-bedrooms increased 0.29% to $1,643 per month, while unfurnished units decreased 0.57% to $1,611. A furnished one-bedroom currently rents for $32 more per month than an unfurnished one on average. Compared with October 2025, furnished one-bedrooms are down $65 and unfurnished are down $36.

Looking for our full October 2026 Montreal rent report? Download your copy in the downloadable resources section for all the latest insights, including a detailed breakdown by neighbourhood.

Neighbourhood breakdown

Across the 10 neighbourhoods we track, Downtown is the most expensive place to rent this month, with an unfurnished one-bedroom asking $1,845 per month. Villeray-Parc-Extension is the most affordable at $1,387 per month.

Let’s look even closer at how rents moved by listing type between September and October:

• Downtown was the only neighbourhood that saw an increase in price across all types of unfurnished units.
• Notre-Dame-de-Grâce/Côte-des-Neiges, Saint-Laurent, and Hochelaga-Maisonneuve were the only neighbourhoods that saw a decrease in price across all unfurnished unit types.
• Ahuntsic-Cartierville, Villeray-Parc-Extension, and Hochelaga-Maisonneuve were the only neighbourhoods where furnished one-bedroom rents decreased.

The table below lists average asking rents for every unit type, with a year-over-year column comparing each neighbourhood’s unfurnished one-bedroom rent with October 2025. Seven of the 10 neighbourhoods sit below last year’s level, while Saint Henri is up 11.3%, Hochelaga-Maisonneuve is up 1.9%, and Downtown is up 1.3%. The table is interactive: sort any column, or download it as an image.

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Downloadable resources

Data collection methodology

Our monthly rent reports use data from our own liv.rent listings, as well as data our team manually collects from other popular listing sites, covering available basement suites, apartments, condos, townhouses, semi-detached houses, and single-detached houses for each area.

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

Another key difference between our data collection methods and those of agencies such as the Canada Mortgage and Housing Corporation is that we include only current asking rent prices. Many official reports include data for entire buildings, which tends to skew numbers lower since many units are already occupied and may be rent-controlled or rented well below current rates.

As a Canadian rental platform founded and based in Vancouver, we want to provide a completely accurate depiction of the rental market in the cities we cover.

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Vancouver rent report
Ontario rent report
Montreal rent report
Calgary and Edmonton rent report