{"id":46300,"date":"2024-01-03T15:08:42","date_gmt":"2024-01-03T23:08:42","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=46300"},"modified":"2024-01-03T15:08:44","modified_gmt":"2024-01-03T23:08:44","slug":"january-2024-montreal-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/january-2024-montreal-rent-report\/","title":{"rendered":"January 2024 Montreal Rent Report"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">At a glance<\/h3>\n\n\n\n<ul>\n<li><em>To begin the year, Montreal&#8217;s city-wide average rental rate for an unfurnished, one-bedroom unit has increased by $20, to $1,599\/month<\/em>.<\/li>\n\n\n\n<li><em>For the second consecutive month, Downtown Montreal had the most expensive average rent prices for all types of units this month except for furnished three-bedroom units.<\/em><\/li>\n\n\n\n<li><em>Montreal&#8217;s city-wide average rent for an unfurnished one-bedroom unit has increased by just $43 since January 2023.<\/em><\/li>\n<\/ul>\n\n\n\n<p><strong><em>Looking for our full January 2024 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>Starting off the new year, Montreal&#8217;s city-wide average rent for an unfurnished one-bedroom unit has increased after three consecutive month-to-month decreases. This January, the average monthly rent for an unfurnished, one-bedroom unit has risen by $20, bringing Montreal&#8217;s city-wide average rent to $1,599 for this type of unit which is well below rates in other major Canadian rental markets like <a aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/rent-reports\/vancouver\/\" target=\"_blank\" rel=\"noreferrer noopener\">Metro Vancouver<\/a> and <a aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/rent-reports\/toronto\/\" target=\"_blank\" rel=\"noreferrer noopener\">Toronto<\/a>.<\/p>\n\n\n\n<p>Looking for our full January 2024 Montreal Rent Report? Download your copy below to get all the latest insights.<\/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=\"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 <a aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/montreal\/1-bedroom?furnished=false\" target=\"_blank\" rel=\"noreferrer noopener\">unfurnished, one-bedroom units<\/a> in Montreal. As of January 2024, the average monthly rent price for an unfurnished, one-bedroom unit has increased by $20. Looking at a year-over-year comparison, Montreal&#8217;s city-wide rental rate for an unfurnished, one-bedroom unit has increased by just $43 since January 2023.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"717\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-4-1024x717.jpg\" alt=\"rental averages and trends for Montreal via the January 2024 liv rent report\" class=\"wp-image-46297\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-4-980x686.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-4-480x336.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/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>In terms of both furnished &amp; unfurnished units, there were a few notable changes in rental rates across Montreal&#8217;s different neighbourhoods this January. <\/p>\n\n\n\n<p>Looking first at unfurnished, one-bedroom units, Saint Henri (+13.31%), Notre-Dame-de-Gr\u00e2ce (+3.07%), and Villeray-Parc-Extension (+2.50%), and Westmount (+2.37%) saw the most significant month-to-month increases, while Hochelaga-Maisonneuve (-4.28%),  C\u00f4te-des-Neiges (-3.72%), and The Plateau-Mont-Royal (-1.88%) had the largest decreases in average price.<\/p>\n\n\n\n<p>Looking at furnished, one-bedroom units, average rent prices increased in Downtown (+1.49%), Villeray-Parc-Extension (+1.29%), and Ahuntsic-Cartierville (+0.47%), while the most significant decreases occurred in Verdun (-20.20%), C\u00f4te-des-Neiges (-8.62%), and The Plateau-Mont-Royal (-7.00%).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-7-571x1024.jpg\" alt=\"percentage change by Montreal neighbourhood and unit type via the January 2024 liv rent report\" class=\"wp-image-46301\" width=\"817\" height=\"1465\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-7-571x1024.jpg 817w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-7-480x861.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 817px, 100vw\" \/><\/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>As of January, furnished, one-bedroom units continue to rent for more than unfurnished, one-bedroom units on average. This month, furnished, one-bedroom units now rent for an average of $38 more than unfurnished, one-bedroom units. Landlords exploring the option of <a aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/landlords\/short-term-vs-long-term-rentals-which-are-right-for-you\/\" target=\"_blank\" rel=\"noreferrer noopener\">short-term rentals<\/a> will typically be able to command a higher price for their furnished units. For renters, this price difference indicates that you&#8217;ll probably need to pay more if you aren&#8217;t moving with your own furniture.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"657\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-2-1024x657.jpg\" alt=\"average rent for furnished vs unfurnished units in Montreal via the January 2024 liv rent report\" class=\"wp-image-46295\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-2-980x629.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-2-480x308.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 20px 0%; padding: 20px; color: #BD8D7C;\">\r\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\r\n\r\n<\/a><\/p>\r\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    grid-auto-rows: 0;\n    overflow-y: hidden;\n    grid-gap: 0 15px;\n   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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 size-large\"><img decoding=\"async\" width=\"1024\" height=\"674\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-3-1024x674.jpg\" alt=\"most and least expensive neighbourhood in Montreal for the January 2024 liv rent report\" class=\"wp-image-46296\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-3-980x645.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-3-480x316.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<p>Montreal&#8217;s most and least expensive neighbourhoods had very different average rent prices this January. This month, Ahuntsic-Cartierville is Montreal&#8217;s least expensive neighbourhood to rent in at an average of $1,400 per month for an unfurnished, one-bedroom unit. Meanwhile, Downtown Montreal is the most expensive neighbourhood, at an average of $1,789 per month \u2013 $389 more than in Ahuntsic-Cartierville. <\/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>For the second consecutive month, Downtown Montreal had the most expensive average rent prices for all types of units this month except for furnished three-bedroom units.<\/li>\n\n\n\n<li>Prices for furnished one-bedroom units fell in all neighbourhoods except for Ahuntsic-Cartierville, Downtown, and Villeray-Parc-Extension.<\/li>\n\n\n\n<li>Ahuntsic-Cartierville had the lowest average rent prices for both one- and two-bedroom unfurnished units.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"819\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-6-1024x819.jpg\" alt=\"average rent by listing type for unfurnished units in Montreal for the January 2024 liv rent report\" class=\"wp-image-46299\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-6-980x783.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-6-480x384.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"819\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-5-1024x819.jpg\" alt=\"average rent by listing type for furnished units in Montreal, part of the January 2024 liv rent report\" class=\"wp-image-46298\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-5-980x784.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-5-480x384.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/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<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\/rent-reports\/december-2023-metro-vancouver-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">December 2023 Metro Vancouver Rent Report<\/a><br>\n\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/december-2023-toronto-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">December 2023 Toronto Rent Report<\/a><br>\n\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/december-2023-calgary-edmonton-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">December 2023 Calgary &amp; Edmonton Rent Report<\/a>\n\n<br>\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/december-2023-montreal-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">December 2023 Montreal Rent Report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At a glance Looking for our full January 2024 Montreal Rent Report? Download your copy here to get all the latest insights, including a detailed breakdown by neighbourhood. Starting off the new year, Montreal&#8217;s city-wide average rent for an unfurnished one-bedroom unit has increased after three consecutive month-to-month decreases. This January, the average monthly rent [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":46302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false},"categories":[448,292],"tags":[611,399],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>January 2024 Montreal Rent Report | liv.rent blog<\/title>\n<meta name=\"description\" content=\"liv.rent&#039;s January 2024 Montreal Rent Report breaks down the city&#039;s latest rent prices, trends, and more 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\/january-2024-montreal-rent-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"January 2024 Montreal Rent Report | liv.rent blog\" \/>\n<meta property=\"og:description\" content=\"liv.rent&#039;s January 2024 Montreal Rent Report breaks down the city&#039;s latest rent prices, trends, and more looking at key data for each neighbourhood.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/liv.rent\/blog\/rent-reports\/january-2024-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=\"2024-01-03T23:08:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-03T23:08:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/01\/RentReport_Montreal_2024_Jan-EN_Blog-1.jpg\" 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