{"id":62052,"date":"2024-12-09T12:36:44","date_gmt":"2024-12-09T20:36:44","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=62052"},"modified":"2024-12-09T12:36:50","modified_gmt":"2024-12-09T20:36:50","slug":"december-2024-montreal-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/december-2024-montreal-rent-report\/","title":{"rendered":"December 2024 Montreal Rent Report"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">At a glance<\/h3>\n\n\n\n<ul>\n<li><strong><strong>Montreal bucks national trend with rising rent prices<\/strong><\/strong>\n<ul>\n<li>Montreal\u2019s rental market saw an uptick this month, with average rents for both furnished and unfurnished one-bedroom units increasing. Furnished one-bedroom rents rose (+3.70%) to $1,793\/month, while unfurnished units experienced a smaller rise of (+0.09%), bringing the average to $1,731\/month. This upward trend contrasts with the decline in rental prices observed in other major urban centers like <a href=\"https:\/\/liv.rent\/blog\/rent-reports\/vancouver\/\" target=\"_blank\" rel=\"noreferrer noopener\">Metro Vancouver<\/a> and <a href=\"https:\/\/liv.rent\/blog\/rent-reports\/toronto\/\" target=\"_blank\" rel=\"noreferrer noopener\">Toronto<\/a> in recent months. <\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong><strong><strong>Montreal average rent climbs 9.63% year-over-year<\/strong><\/strong><\/strong>\n<ul>\n<li>Montreal\u2019s rental market continues to heat up, with the average price for an unfurnished one-bedroom unit rising by $152\/month compared to December 2023\u2014a 9.63% year-over-year increase. Over the past six months, rents have also seen steady growth, climbing from $1,633\/month in June to $1,731 in December, marking a $98 per month increase (+6.00%).<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong><strong>Mixed trends in Montreal\u2019s unfurnished rental market<\/strong><\/strong>\n<ul>\n<li>This December, Saint-Laurent and Notre-Dame-de-Gr\u00e2ce &amp; C\u00f4te-des-Neiges experienced price increases across all types of unfurnished units. Meanwhile, The Plateau-Mont-Royal, Verdun, and Hochelaga-Maisonneuve saw declines in rental prices for all unfurnished unit types, highlighting contrasting trends across the city.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Note:<\/strong> As of our April 2024 report, Notre-Dame-de-Gr\u00e2ce and C\u00f4te-des-Neiges will be combined into a single neighbourhood for our analysis.<\/em><\/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<p>Montreal\u2019s city-wide average rent price saw a slight increase this December. This month, the average rent price for an unfurnished, one-bedroom unit has increased by just $2, bringing Montreal&#8217;s city-wide average rent to $1,731 \u2013 still 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><strong><em>We\u2019ve published our 2024 Canada Rental Market Trend Report with an in-depth analysis of average rent prices, driving factors, and predictions for the year ahead. You can download your copy&nbsp;<a href=\"https:\/\/liv.rent\/blog\/rental-resources\/2024-canada-rental-market-trend-report\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/em><\/strong><\/p>\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, plus a year-over-year comparison for <a href=\"https:\/\/liv.rent\/rental-listings\/city\/montreal\/1-bedroom?furnished=false\" target=\"_blank\" rel=\"noreferrer noopener\">unfurnished one-bedroom units<\/a> in Montreal. This month, the average monthly rent price for an unfurnished, one-bedroom unit has increased by $2. Looking at a year-over-year comparison, Montreal&#8217;s city-wide rental rate for an unfurnished, one-bedroom unit is higher than in December 2023, with prices now $152 more than this time last year.<\/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\/12\/RentReport_Montreal_2024_December-EN_Blog-4-1024x717.jpg\" alt=\"rental averages and trends for Montreal via the December 2024 liv rent report\" class=\"wp-image-62049\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-EN_Blog-4-980x686.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-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>Looking at both furnished &amp; unfurnished units, there were some notable changes in rental rates across Montreal&#8217;s different neighbourhoods this month.<\/p>\n\n\n\n<p>Looking first at unfurnished one-bedroom units, Villeray-Parc-Extension (+7.32%) had the largest month-to-month increase, while Saint Henri (-5.82%) saw the most notable decline. <\/p>\n\n\n\n<p>Looking at furnished one-bedroom units, average rent prices increased the most in Hochelaga Maisonneuve (+8.20%), while Verdun (-4.37%) followed by Notre-Dame-de-Gr\u00e2ce and C\u00f4te-des-Neiges (-3.20%) saw the biggest decreases. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"610\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-EN_Blog-7-610x1024.jpg\" alt=\"percentage change for montreal neighbourhoods part of the liv rent December 2024 Montreal Rent Report\" class=\"wp-image-62055\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-EN_Blog-7-610x1024.jpg 610w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-EN_Blog-7-480x806.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 610px, 100vw\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/landlords.liv.rent\/screening\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"278\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/08\/2024-08-06-MRR-TrustScore-min-1024x278.jpg\" alt=\"Banner image Trust score\" class=\"wp-image-60833\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/08\/2024-08-06-MRR-TrustScore-min-980x266.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/08\/2024-08-06-MRR-TrustScore-min-480x130.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/a><\/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>This December, average monthly rent prices for both furnished and unfurnished units saw an increase. Furnished units increased by (+3.70%) renting for an average of $1,793\/month. Unfurnished units rose by (+0.09%) renting for an average of $1,731\/month. <\/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\/12\/RentReport_Montreal_2024_December-EN_Blog-2-1024x657.jpg\" alt=\"percentage change for montreal neighbourhoods part of the liv rent December 2024 Montreal Rent Report\" class=\"wp-image-62053\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-EN_Blog-2-980x629.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-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    justify-content: center;\n    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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><strong><em>Looking for our full December 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><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\/12\/RentReport_Montreal_2024_December-EN_Blog-3-1024x674.jpg\" alt=\"Neighbourhood break down of Montreal by liv.rent or the monthly rent report\n\" class=\"wp-image-62051\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-EN_Blog-3-980x645.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-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 vastly different average rent prices this December. This month, Ahuntsic-Cartierville is Montreal&#8217;s cheapest neighbourhood to rent in at an average of $1,483 per month for an unfurnished, one-bedroom unit. Meanwhile, Westmount is the most expensive neighbourhood, at an average of $2,091 per month \u2013 $608 more than in Ahuntsic-Cartierville. <\/p>\n\n\n\n<p>Let&#8217;s look even closer 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>Rent prices decreased for all types of unfurnished units in The Plateau-Mont Royal, Verdun and Hochelaga-Maisonneuve.<\/li>\n\n\n\n<li>Westmount is the most expensive neighbourhood for all types of unfurnished units, while Downtown Montreal was the most expensive for all types of furnished units. <\/li>\n\n\n\n<li>Rent prices increased for all types of unfurnished units in Saint-Laurent and Notre-Dame-de-Gr\u00e2ce and C\u00f4te-des-Neiges this month. <\/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\/12\/RentReport_Montreal_2024_December-EN_Blog-6-1024x819.jpg\" alt=\"average rent by listing type for unfurnished units in Montreal for the December 2024 liv rent report\" class=\"wp-image-62056\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-EN_Blog-6-980x783.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-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\/12\/RentReport_Montreal_2024_December-EN_Blog-5-1024x819.jpg\" alt=\"average rent by listing type for furnished units in Montreal, part of the December 2024 liv rent report\" class=\"wp-image-62057\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-EN_Blog-5-980x784.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-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>\r\n<style>\r\n.button-rethink-way-you-rent-monthly-report {\r\n  background-color: #7495AC;\r\n  border: 5px #26425C;\r\n  color: white;\r\n  padding: 10px 30px;\r\n  text-align: center;\r\n  text-decoration: none;\r\n  display: inline-block;\r\n  font-size: 15px;\r\n  margin: 5px 0px 20px 0px;\r\n}\r\n<\/style>\r\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;\">\r\n\r\n<h2 style=\"color: #3E5B77;\">Rethink The Way You Rent<\/h2>\r\n\r\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>\r\n\r\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>\r\n\r\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>\r\n\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/june-2024-metro-vancouver-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">June 2024 Metro Vancouver Rent Report<\/a><br>\r\n\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/june-2024-toronto-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">June 2024 Toronto Rent Report<\/a><br>\r\n\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/june-2024-calgary-edmonton-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">June 2024 Calgary &amp; Edmonton Rent Report<\/a>\r\n\r\n<br>\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/june-2024-montreal-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">June 2024 Montreal Rent Report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At a glance Note: As of our April 2024 report, Notre-Dame-de-Gr\u00e2ce and C\u00f4te-des-Neiges will be combined into a single neighbourhood for our analysis. Montreal\u2019s city-wide average rent price saw a slight increase this December. This month, the average rent price for an unfurnished, one-bedroom unit has increased by just $2, bringing Montreal&#8217;s city-wide average rent [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":62054,"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>December 2024 Montreal Rent Report | liv.rent blog<\/title>\n<meta name=\"description\" content=\"liv.rent&#039;s December 2024 Montreal Rent Report looks at rental data in Montreal, analyzing need-to-know statistics for renters &amp; landlords.\" \/>\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\/december-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=\"December 2024 Montreal Rent Report | liv.rent blog\" \/>\n<meta property=\"og:description\" content=\"liv.rent&#039;s December 2024 Montreal Rent Report looks at rental data in Montreal, analyzing need-to-know statistics for renters &amp; landlords.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/liv.rent\/blog\/rent-reports\/december-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=\"2024-12-09T20:36:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-09T20:36:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Montreal_2024_December-EN_Blog-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1620\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Brad Byrne\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@liv_rent\" \/>\n<meta name=\"twitter:site\" content=\"@liv_rent\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Brad Byrne\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" 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