Over the Jan 2023, the average rent for an apartment in/near Montreal, QC, Canada decreased by 4.2% to CA$2,407.
Compared to the last month, the average price for a rental studio in Montreal, QC, Canada has decreased by 6.9%. You can expect to rent the studio for CA$1,802 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 5.8% to CA$1,621. Pricing for 2-bed apartment also decreased by 9.1% and a place of this size will now cost you CA$2,439. 3-bed apartment rent pricing starts at CA$3,099, it increased by 4.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 12.4% and made it up to CA$5,704.
The median rent for an apartment in Montreal, QC, Canada decreased by 6.8% to CA$1,981. The median rent for a loft did not face significant changes this time, it now still goes for CA$2,352. An average room will now go for CA$796, the median rent price for a room decreased by 25.2%. The median rent for a townhouse increased by 2.3%, you’ll have to spend around CA$3,324 to get one.