{"id":38384,"date":"2023-02-03T09:00:01","date_gmt":"2023-02-03T17:00:01","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=38384"},"modified":"2026-01-05T12:33:21","modified_gmt":"2026-01-05T20:33:21","slug":"february-2023-montreal-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/february-2023-montreal-rent-report\/","title":{"rendered":"February 2023 Montreal Rent Report"},"content":{"rendered":"\n<div style=\"border: 1px solid black; text-align: left; margin: 20px 0;padding-top:15px;\">\n\n<h3 style=\"margin-left: 40px\"><strong>At a glance<\/strong><\/h3>\n\n<ul><li><strong>The city-wide average rent in Montreal has increased by $17 this February, to $1,573 for an unfurnished, one-bedroom unit.<\/strong>\n\n<\/li><li><strong>Average rent prices in Hochelaga-Maisonneuve rose across the board this February, for one-, two-, and three-bedroom furnished &amp; unfurnished units.<\/strong>\n\n<\/li><li><strong>Saint Henri is now the most expensive neighbourhood to rent an unfurnished, one-bedroom unit in \u2013 with an average monthly rent price of $1,834.<\/strong> <\/li><\/ul>\n<\/div>\n\n\n\n<p><strong><em>Looking for our full February 2023 Montreal Rent Report? Download your copy <a href=\"#downloadable-resources\">here<\/a> to get all the latest insights, including a detailed breakdown by neighbourhood.<\/em><\/strong><\/p>\n\n\n\n<p>As the winter renting season continues, the average rental rate for an unfurnished, one-bedroom unit in Montreal has increased slightly, up $17 from January. This bring&#8217;s the city&#8217;s average rent to $1,573 for that type of rental unit, still considerably below other major Canadian rental markets like <a rel=\"noreferrer noopener\" aria-label=\"Metro Vancouver (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/category\/rent-reports\/vancouver\/\" target=\"_blank\">Metro Vancouver<\/a> and <a rel=\"noreferrer noopener\" aria-label=\"Toronto (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/category\/rent-reports\/toronto\/\" target=\"_blank\">Toronto<\/a>. We&#8217;ll continue to monitor Montreal&#8217;s average rent prices throughout 2023, amid the backdrop of <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/blog\/2022\/07\/interest-rates-and-rental-properties\/\" target=\"_blank\">rising interest rates<\/a> and a potential recession.<\/p>\n\n\n\n<p><strong><em>We&#8217;ll soon be releasing our 2023 Canada-wide Report with even more rental data and statistics. For access to this and other updates on the Montreal rental market, be sure to <a rel=\"noreferrer noopener\" href=\"https:\/\/315027fd.sibforms.com\/serve\/MUIEALxBmw-zX8J7nIDbE8Y0GsbO2XD2wyS5o8IJ7wVaedytZTfE-Ysnf2unVSDuBMQ_DiIreTYMftk3u84zjN-NZ459-r4fafSVJmvHqufcCZsHOdl9YPdQlyNO_8e-aEyO3JswcwrjPcNt9Ll22P85SQ6zAIiqlLhL9S2Es9edJgfjg0307yN6DptRbjGnHobRqNlUNRLczWrl\" target=\"_blank\">subscribe<\/a> to our newsletter.<\/em><\/strong> <\/p>\n\n\n\n<p>This monthly rent report complete with <a rel=\"noreferrer noopener\" aria-label=\"liv.rent (opens in a new tab)\" href=\"https:\/\/liv.rent\/\" target=\"_blank\">liv.rent<\/a> 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.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong><em>Jump to the following Rent Report sections: <\/em><\/strong><\/p>\n\n\n\n<div style=\"border: 1px solid black; text-align: center; margin: 20px 0;\">\n\n<p style=\"text-align: center;\"><a href=\"#average\">Average rent across Montreal<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#month-to-month\">Month-to-month rent change<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#unfurnished-furnished\">Unfurnished vs. furnished averages<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#neighbourhood-breakdown\">Neighbourhood breakdown<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#downloadable-resources\">Downloadable resources<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#methodology\">Data collection methodology<\/a><\/p><\/div>\n\n\n\n<br>\n<style>\n.background-downloadable-report-mtl-monthly-rent-report {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-downloadable-report-mtl-monthly-rent-report p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-downloadable-report-mtl-monthly-rent-report {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-downloadable-report-mtl-monthly-rent-report{\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n  \n<\/style>\n\n\n<div class=\"background-downloadable-report-mtl-monthly-rent-report cta-block-downloadable-report-mtl-monthly-rent-report\">\n<h3><strong>Download The Latest Montreal Rent Report<\/strong><\/h3>\n\n<p>For the complete Montreal rent report, download here.<\/p>\n\n<a href=\"https:\/\/landing.liv.rent\/rentreports\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"downloadable-report-mtl-monthly-rent-report\" class=\"button-downloadable-report-mtl-monthly-rent-report\">Download Report<\/button><\/a>\n<\/div>\n\n\n\n<br><h2 id=\"average\">Average rent across Montreal<\/h2>\n\n\n\n<p>Let&#8217;s start by taking a closer look at rental trends over the past six months, as well as a year-over-year comparison for an <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/montreal?furnished=false&amp;page=1&amp;bedroom_count=1\" target=\"_blank\">unfurnished one-bedroom apartment<\/a> in Montreal. This February, average prices for an unfurnished, one-bedroom unit have risen by $17, continuing a gradual upward trend that resumed at the start of the year after a brief decline. Looking at prices from this time in 2022, Montreal&#8217;s city-wide rental rates for an unfurnished, one-bedroom unit have increased by an average of $159 in the past 12 months since <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2022\/02\/february-2022-vancouver-rent-report\/\" target=\"_blank\">February 2022<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"717\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-4-1024x717.png\" alt=\"rental averages and trends for Montreal via the February 2023 liv rent report\" class=\"wp-image-38411\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-4-1024x717.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-4-300x210.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-4-768x538.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-4-351x247.png 351w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-4.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<br>\n<style>\n.background-landlord-cta-free-rent-estimate {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-landlord-cta-free-rent-estimate p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-landlord-cta-free-rent-estimate {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-landlord-cta-free-rent-estimate{\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n<\/style>\n\n<div class=\"background-landlord-cta-free-rent-estimate cta-block-landlord-cta-free-rent-estimate\">\n<h3><strong>Is your rental priced competitively?<\/strong><\/h3>\n\n<p>Find out with a <em>free<\/em> rent estimate. Our team of rental experts will calculate your unit&#8217;s true value based on your listing details &amp; current market trends.<\/p>\n\n<a href=\"https:\/\/landlords.liv.rent\/rentestimate\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"button-landlord-cta-free-rent-estimate\" class=\"button-landlord-cta-free-rent-estimate\">Get Your Free Estimate<\/button><\/a>\n<\/div>\n<br>\n\n\n\n<p><\/p>\n\n\n\n<br><h2 id=\"month-to-month\">Month-to-month rent change<\/h2>\n\n\n\n<p>Across Montreal&#8217;s individual neighbourhoods, average rent prices were relatively stagnant this February, aside from a few larger price fluctuations<\/p>\n\n\n\n<p>For unfurnished units, C\u00f4te-des-Neiges (+8.27%) saw the most significant month-to-month increase, followed closely by Hochelaga-Maisonneuve (+7.71%) and Verdun (+5.16%). Looking at average declines, Westmount (-7.38%) saw the biggest drop in price while Saint-Laurent (-4.60%) and Notre-Dame-de-Gr\u00e2ce (-3.27%) also saw minor declines from month-to-month. <\/p>\n\n\n\n<p>Furnished units in Montreal&#8217;s individual neighbourhoods saw some more notable shifts in either direction. In Saint-Laurent (+14.19%), average rent prices for a furnished, one-bedroom rose significantly from January, with similarly large month-to-month increases in Hochelaga-Maisonneuve (+13.41%) and Ahuntsic-Cartierville (+10.31%). <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"570\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-7-570x1024.png\" alt=\"percentage change by Montreal neighbourhood and unit type via the February 2023 liv rent report\" class=\"wp-image-38408\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-7-570x1024.png 570w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-7-167x300.png 167w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-7-768x1379.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-7.png 1200w\" sizes=\"(max-width: 570px) 100vw, 570px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"unfurnished-furnished\"><br><span style=\"font-size: inherit;\" class=\"popup-trigger\">Montreal unfurnished vs. furnished rent averages<\/span><\/h2>\n\n\n\n<p>Both furnished and unfurnished one-bedroom units have increased in price this February, maintaining a similar price discrepancy as what we&#8217;re used to seeing. As of this month, furnished units now rent for an average of $108 more than unfurnished ones. This shows that landlords can still earn a higher profit by renting out their units already furnished, while also attract different renter demographics such as students and those looking for <a rel=\"noreferrer noopener\" aria-label=\"short-term rentals (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2022\/05\/short-term-vs-long-term-rentals-which-are-right-for-you\/\" target=\"_blank\">short-term rentals<\/a>. For renters, you will still typically see some savings if you are able to bring your own furniture.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"657\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_Blog-2-2-1024x657.jpg\" alt=\"average rent for furnished vs unfurnished units in Montreal via the February 2023 liv rent report\" class=\"wp-image-38470\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_Blog-2-2-1024x657.jpg 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_Blog-2-2-300x193.jpg 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_Blog-2-2-768x493.jpg 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_Blog-2-2.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 20px 0%; padding: 20px; color: #BD8D7C;\">\n<p style=\"font-size: 16px;\"><b>Read More:<\/b> <a href=\"https:\/\/liv.rent\/blog\/2018\/11\/furnished-vs-unfurnished-rental-guide-for-landlords\/\" target=\"_blank\" rel=\"noopener noreferrer\">[Updated June 2022] Landlord Guide: Furnished vs. Unfurnished Rentals\n\n<\/a><\/p>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<style type=\"text\/css\" style=\"display: none;\">\n  .featured-listings-wrapper {\n    margin: 40px auto;\n    padding: 30px 0;\n    border-top: 1px solid #e1e1e1;\n    border-bottom: 1px solid #e1e1e1;\n    max-width: 1094px;\n  }\n\n  .featured-listings-title {\n    font-family: \"Open Sans\", Arial, sans-serif;\n    font-size: 24px;\n    font-weight: 600;\n    letter-spacing: -0.58px;\n    line-height: 22px;\n    margin: 0 0 25px;\n  }\n\n  #featured-listings-root {\n    display: grid;\n    grid-template-columns: repeat(auto-fill, 245px);\n    grid-template-rows: repeat(1, 1fr);\n    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fetch(url, options)\n        .then((res) => res.json())\n        .then((data) => {\n          const featured = data.data.listSearch.featured;\n          \/\/ const root = document.querySelector(\"div.related-post\");\n          \/\/ const root = document.querySelector(\"div.entry-content\");\n          const root = document.querySelector(\"#featured-block-root\");\n          let html = [];\n\n          featured.map((listing) => {\n            const isGroup = listing.gr_unit;\n\n            const ribbon = document.createElement(\"div\");\n            const ribbonText = document.createElement(\"p\");\n            ribbonText.innerHTML = \"Featured\";\n            ribbon.className = \"ribbon-wrapper\";\n            ribbon.style.background =\n              \"url('https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/03\/ribbon.png') center no-repeat\";\n            ribbon.appendChild(ribbonText);\n\n            const prePriceText = isGroup\n              ? '<p class=\"block-listing-card-pre-price-text\">Starting at...<\/p>'\n              : \"\";\n            const price = isGroup\n              ? parseFloat(listing.gr_min_price)\n              : parseFloat(listing.price);\n            const priceFrequency = FREQUENCY[listing.price_frequency];\n            const mobilePriceFrequency =\n              FREQUENCY_MOBILE[listing.price_frequency];\n            const priceText =\n              '<p class=\"block-listing-card-price-text\"><strong>$' +\n              price +\n              \"<\/strong> \/ \" +\n              priceFrequency +\n              \"<\/p>\";\n            const mobilePriceText =\n              '<p class=\"block-listing-card-price-text-mobile\">$' +\n              price +\n              mobilePriceFrequency +\n              \"<\/p>\";\n            const address = listing.hide_unit_number\n              ? listing.street_name\n              : listing.full_street_name;\n            const addressText =\n              '<p class=\"block-listing-card-address-text\">' +\n              address +\n              \", \" +\n              listing.city +\n              \"<\/p>\";\n            const bedroomText =\n              '<p class=\"block-listing-card-detail-text\">' +\n              (listing.bedrooms > 0\n                ? parseFloat(listing.bedrooms) + \" Bed\"\n                : \"Studio\") +\n              \"<\/p>\";\n            const bathroomText =\n              '<p class=\"block-listing-card-detail-text\">' +\n              parseFloat(listing.bathrooms) +\n              \" Bath\" +\n              \"<\/p>\";\n\n            const cardBody =\n              '<div class=\"block-listing-card-body\"><div class=\"block-listing-card-detail-column\">' +\n              prePriceText +\n              priceText +\n              mobilePriceText +\n              addressText +\n              '<\/div><div class=\"block-listing-card-detail-row\">' +\n              bedroomText +\n              bathroomText +\n              \"<\/div><\/div><\/div>\";\n\n            const cardWrapper = document.createElement(\"a\");\n            cardWrapper.className = \"block-listing-card-wrapper\";\n            cardWrapper.setAttribute(\n              \"id\",\n              \"blog-featured-card-\" + listing.listing_id\n            );\n            cardWrapper.innerHTML = cardBody;\n            cardWrapper.setAttribute(\n              \"href\",\n              \"https:\/\/liv.rent\/rental-listings\/\" + listing.listing_id\n            );\n            const baseImageUrl = \"https:\/\/cdn.liv.rent\/350x262\/\";\n            const imageUrl = listing.cover_photo_aws_s3_key;\n            cardWrapper.style.background =\n              \"url(\" +\n              baseImageUrl +\n              imageUrl +\n              \") center center \/ cover no-repeat\";\n            cardWrapper.appendChild(ribbon);\n\n            return html.push(cardWrapper);\n          });\n\n          const listingsRoot = document.createElement(\"div\");\n          listingsRoot.setAttribute(\"id\", \"featured-listings-root\");\n          html.forEach((card) => {\n            listingsRoot.appendChild(card);\n          });\n\n          const titleText = document.createElement(\"h2\");\n          titleText.className = \"featured-listings-title\";\n          titleText.innerHTML = \"Featured Listings for Rent\";\n\n          const linkText = document.createElement(\"a\");\n          linkText.className = \"featured-listings-block-link\";\n          linkText.innerHTML = \"View all listings on liv.rent\";\n          linkText.setAttribute(\"href\", \"https:\/\/liv.rent\/rental-listings\/map\");\n\n          const innerWrapper = document.createElement(\"div\");\n          innerWrapper.className = \"featured-listings-grid-wrapper\";\n          innerWrapper.appendChild(listingsRoot);\n\n          const outterWrapper = document.createElement(\"div\");\n          outterWrapper.className = \"featured-listings-wrapper\";\n          outterWrapper.appendChild(titleText);\n          outterWrapper.appendChild(listingsRoot);\n          outterWrapper.appendChild(linkText);\n\n          \/\/ Insert Into\n          root.appendChild(outterWrapper);\n\n          \/\/ Insert Before\n          \/\/ root.parentNode.insertBefore(outterWrapper, root);\n\n          \/\/ Insert After\n          \/\/ root.parentNode.insertBefore(outterWrapper, root.nextSibling);\n        })\n        .catch(function (err) {\n          console.warn(\"Something went wrong.\", err);\n        });\n    },\n    false\n  );\n<\/script>\n\n<!-- Root div if not using existing or dynamic element as root -->\n<div id=\"featured-block-root\"><\/div>\n\n\n\n<p><br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"neighbourhood-breakdown\">Neighbourhood breakdown<\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"674\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-3-1024x674.png\" alt=\"most and least expensive neighbourhood in Montreal for the February 2023 liv rent report\" class=\"wp-image-38412\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-3-1024x674.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-3-300x198.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-3-768x506.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-3-170x113.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-3.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Montreal&#8217;s most and least expensive neighbourhoods had very different average rent prices this month. This February, Hochelaga-Maisonneuve is again Montreal&#8217;s least expensive neighbourhood to rent in at an average of $1,332 per month for an unfurnished, one-bedroom unit, while Saint Henri has become the city&#8217;s most expensive area to rent in, at an average of $1,834 \u2014 a $502 difference. <\/p>\n\n\n\n<p>Let&#8217;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.<\/p>\n\n\n\n<ul>\n<li>C\u00f4te-des-Neiges has the least expensive one- and three-bedroom furnished units this month.<\/li>\n\n\n\n<li>Average monthly rent prices for one-, two-, and three-bedroom unfurnished units all fell in Westmount this February.<\/li>\n\n\n\n<li>Average rent prices in Hochelaga-Maisonneuve rose across the board this February, for one-, two-, and three-bedroom furnished &amp; unfurnished units.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"819\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-6-1024x819.png\" alt=\"average rent by listing type for unfurnished units in Montreal for the February 2023 liv rent report\" class=\"wp-image-38409\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-6-1024x819.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-6-300x240.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-6-768x614.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-6-100x80.png 100w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-6.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"819\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-5-1024x819.png\" alt=\"average rent by listing type for furnished units in Montreal, part of the February 2023 liv rent report\" class=\"wp-image-38410\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-5-1024x819.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-5-300x240.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-5-768x614.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-5-100x80.png 100w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_EN_Blog-5.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<br>\n<style>\n.background-landlord-cta-free-rent-estimate {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-landlord-cta-free-rent-estimate p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-landlord-cta-free-rent-estimate {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-landlord-cta-free-rent-estimate{\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n<\/style>\n\n<div class=\"background-landlord-cta-free-rent-estimate cta-block-landlord-cta-free-rent-estimate\">\n<h3><strong>Is your rental priced competitively?<\/strong><\/h3>\n\n<p>Find out with a <em>free<\/em> rent estimate. Our team of rental experts will calculate your unit&#8217;s true value based on your listing details &amp; current market trends.<\/p>\n\n<a href=\"https:\/\/landlords.liv.rent\/rentestimate\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"button-landlord-cta-free-rent-estimate\" class=\"button-landlord-cta-free-rent-estimate\">Get Your Free Estimate<\/button><\/a>\n<\/div>\n<br>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p class=\"has-text-align-center\"><strong><em>Be sure to <\/em><\/strong><span style=\"text-decoration: underline;\" class=\"popup-trigger\"><strong><em><a href=\"https:\/\/315027fd.sibforms.com\/serve\/MUIEALxBmw-zX8J7nIDbE8Y0GsbO2XD2wyS5o8IJ7wVaedytZTfE-Ysnf2unVSDuBMQ_DiIreTYMftk3u84zjN-NZ459-r4fafSVJmvHqufcCZsHOdl9YPdQlyNO_8e-aEyO3JswcwrjPcNt9Ll22P85SQ6zAIiqlLhL9S2Es9edJgfjg0307yN6DptRbjGnHobRqNlUNRLczWrl\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">subscribe<\/a><\/em><\/strong><\/span><strong><em> to our mailing list so you never miss an update on the Montreal rental market.<\/em><\/strong><\/p>\n\n\n\n<br><h2 id=\"downloadable-resources\">Downloadable Resources<\/h2>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"1024\" data-id=\"33591\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Avg-1-1024x1024.png\" alt=\"\" class=\"wp-image-33591\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Avg-1-1024x1024.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Avg-1-300x300.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Avg-1-768x768.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Avg-1-170x170.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Avg-1-370x370.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Avg-1-440x440.png 440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"1024\" data-id=\"33590\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Trend-1-1024x1024.png\" alt=\"\" class=\"wp-image-33590\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Trend-1-1024x1024.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Trend-1-300x300.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Trend-1-768x768.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Trend-1-170x170.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Trend-1-370x370.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Montreal-Trend-1-440x440.png 440w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Strike up a conversation at your next Zoom call and show off the <a rel=\"noreferrer noopener\" aria-label=\"latest rental averages (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/category\/rent-reports\/\" target=\"_blank\">latest rental averages<\/a> with our custom virtual backgrounds.&nbsp; <\/p>\n\n\n\n<style>\n.myDivDownload {\n  background-color: #FFF2E7;    \n  text-align: center;\n  padding: 30px 5px 30px 5px;\n  font-size: 18px;\n}\n<\/style>\n<div class=\"myDivDownload\">\n<p><strong>Free Virtual Backgrounds: <a href=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2023\/01\/RentReport_Montreal_2023_Feb_Zoom.zip\" target=\"_blank\" rel=\"noopener noreferrer\">Download Here<\/a><\/strong><\/p>\n<\/div>\n\n\n\n<p class=\"has-text-align-center\"><br><strong>Looking for the full report? Download it for free here.<\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<br>\n<style>\n.background-downloadable-report-mtl-monthly-rent-report {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-downloadable-report-mtl-monthly-rent-report p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-downloadable-report-mtl-monthly-rent-report {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-downloadable-report-mtl-monthly-rent-report{\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n  \n<\/style>\n\n\n<div class=\"background-downloadable-report-mtl-monthly-rent-report cta-block-downloadable-report-mtl-monthly-rent-report\">\n<h3><strong>Download The Latest Montreal Rent Report<\/strong><\/h3>\n\n<p>For the complete Montreal rent report, download here.<\/p>\n\n<a href=\"https:\/\/landing.liv.rent\/rentreports\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"downloadable-report-mtl-monthly-rent-report\" class=\"button-downloadable-report-mtl-monthly-rent-report\">Download Report<\/button><\/a>\n<\/div>\n\n\n\n<br><h2 id=\"methodology\">Data collection methodology<\/h2>\n\n\n\n<font size= \"2\"><i>\r\n<p>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 &#8211; looking at available basement suites, apartments, condos, townhouses, semi-detached houses, and single-detached houses for each area.<\/p>\r\n\r\n<p>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\u2019s listing, since we can filter out duplicate listings and older ads that haven\u2019t been removed. <\/p>\r\n\r\n<p>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. <\/p>\r\n\r\n<p>As we are a Canadian rental platform founded and based in Vancouver, we want to ensure that we\u2019re providing a completely accurate depiction of the rental market in the cities we look at. <\/p>\r\n<\/p><\/font><\/i>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<br>\n<style>\n.button-rethink-way-you-rent-monthly-report {\n  background-color: #7495AC;\n  border: 5px #26425C;\n  color: white;\n  padding: 10px 30px;\n  text-align: center;\n  text-decoration: none;\n  display: inline-block;\n  font-size: 15px;\n  margin: 5px 0px 20px 0px;\n}\n<\/style>\n<img decoding=\"async\" class=\"alignleft wp-image-23097\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/08\/Digital-Contracts-Cropped-2.gif\" alt=\"Find apartments &amp; houses for rent with the liv.rent app\" width=\"220\" height=\"410\" style=\"float:left;\">\n\n<h2 style=\"color: #3E5B77;\">Rethink The Way You Rent<\/h2>\n\n<p>Not on <strong><a href=\"https:\/\/liv.rent\/\" target=\"_blank\" rel=\"noopener noreferrer\">liv.rent<\/a><\/strong> yet? Experience the ease of digital applications &amp; contracts, verified tenants &amp; landlords, virtual tours and more \u2013 all on one platform. <strong><a href=\"https:\/\/liv.rent\/pricing\" target=\"_blank\" rel=\"noopener noreferrer\">Sign up for free<\/a><\/strong> or <strong><a href=\"https:\/\/www.liv.rent\/download\" target=\"_blank\" rel=\"noopener noreferrer\">download the app<\/a><\/strong>.<\/p>\n\n<a href=\"https:\/\/liv.rent\/features\" target=\"_blank\" rel=\"noopener noreferrer\"><button class=\"button-rethink-way-you-rent-monthly-report\">Learn More<\/button><\/a>\n\n<p style=\"color: #3E5B77\"><strong><a href=\"https:\/\/315027fd.sibforms.com\/serve\/MUIEALxBmw-zX8J7nIDbE8Y0GsbO2XD2wyS5o8IJ7wVaedytZTfE-Ysnf2unVSDuBMQ_DiIreTYMftk3u84zjN-NZ459-r4fafSVJmvHqufcCZsHOdl9YPdQlyNO_8e-aEyO3JswcwrjPcNt9Ll22P85SQ6zAIiqlLhL9S2Es9edJgfjg0307yN6DptRbjGnHobRqNlUNRLczWrl\" target=\"_blank\" rel=\"noopener noreferrer\">Subscribe<\/a><\/strong> to receive these monthly updates on the Vancouver rental market. Discover last month&#8217;s Rent Reports below:<\/p><p>\n\n<a href=\"https:\/\/liv.rent\/blog\/2023\/01\/january-2023-metro-vancouver-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">January 2023 Metro Vancouver Rent Report<\/a><br>\n\n<a href=\"https:\/\/liv.rent\/blog\/2023\/01\/january-2023-toronto-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">January 2023 Toronto Rent Report<\/a><br>\n\n<a href=\"https:\/\/liv.rent\/blog\/2023\/01\/january-2023-calgary-edmonton-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">January 2023 Calgary &amp; Edmonton Rent Report<\/a>\n\n<br>\n<a href=\"https:\/\/liv.rent\/blog\/2023\/01\/january-2023-montreal-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">January 2023 Montreal Rent Report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At a glance The city-wide average rent in Montreal has increased by $17 this February, to $1,573 for an unfurnished, one-bedroom unit. Average rent prices in Hochelaga-Maisonneuve rose across the board this February, for one-, two-, and three-bedroom furnished &amp; unfurnished units. Saint Henri is now the most expensive neighbourhood to rent an unfurnished, one-bedroom [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":38414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false},"categories":[448,292],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>February 2023 Montreal Rent Report | liv.rent blog<\/title>\n<meta name=\"description\" content=\"liv.rent&#039;s February 2023 Rent Report breaks down the rental averages and trends across Montreal, looking at key data for each neighbourhood.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/liv.rent\/blog\/rent-reports\/february-2023-montreal-rent-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"February 2023 Montreal Rent Report | liv.rent blog\" \/>\n<meta property=\"og:description\" content=\"liv.rent&#039;s February 2023 Rent Report breaks down the rental averages and trends across Montreal, looking at key data for each neighbourhood.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/liv.rent\/blog\/rent-reports\/february-2023-montreal-rent-report\/\" \/>\n<meta property=\"og:site_name\" content=\"liv.rent blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/liv.rent\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-03T17:00:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-05T20:33:21+00:00\" \/>\n<meta property=\"og:image\" 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