Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $7,120 | +33.9% |
1-bed apartments | $3,653 | -23.7% |
2-bed apartments | $5,740 | -25.3% |
3-bed apartments | $8,928 | -21.3% |
4+ bed apartments | $11,224 | -41.9% |
Over the May 2023, the average rent for an apartment in/near Montreal, QC, Canada decreased by 30.7% to CA$5,500.
Compared to the last month, the average price for a rental studio in Montreal, QC, Canada has increased by 33.9%. You can expect to rent the studio for CA$7,120 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 23.7% to CA$3,653. Pricing for 2-bed apartment also decreased by 25.3% and a place of this size will now cost you CA$5,740. 3-bed apartment rent pricing starts at CA$8,928, it decreased by 21.3% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 41.9% and made it down to CA$11,224.
Rent Type Price |
May | vs Last Month |
---|---|---|
Townhouses for rent | $13,153 | -16.5% |
Houses for rent | $7,239 | -42% |
Condos for rent | $9,704 | +30.3% |
Apartments for rent | $4,989 | -30.5% |
Rooms for rent | $808 | +36% |
The median rent for an apartment in Montreal, QC, Canada decreased by 30.5% to CA$4,989. Statistics show that house rent price decreased by 42% this month making it up to CA$7,239. Condos faced an upward trend these days. The median rent for a condo increased by 30.3%, it’s now available for CA$9,704. An average room will now go for CA$808, the median rent price for a room increased by 36%. The median rent for a townhouse decreased by 16.5%, you’ll have to spend around CA$13,153 to get one.