Living and Renting in Montreal in 2026
Real rents, real districts, real answers. The complete SQRFT guide for renters and landlords navigating one of Canada's most affordable big-city rental markets.
Avg 1BR
$1,131
CMHC, Oct 2025
Avg 2BR
$1,346
CMHC, Oct 2025
Vacancy rate
2.9%
CMHC, Oct 2025
YoY change
-1.6%
Rentals.ca, Jul 2026
Section 1
What Montreal rents look like in mid-2026
Montreal stayed one of Canada's most affordable large rental markets through mid-2026. The average asking rent for apartments and condos was $1,940 per month in July 2026, according to the Rentals.ca and Urbanation National Rent Report, down about 1.6 percent year-over-year, a gentler correction than the national average.
2.9%
Purpose-built rental vacancy
CMHC · Oct 2025
-1.6%
Asking rent, year over year
Rentals.ca · Jul 2026
$2,037
National average asking rent, for comparison
Rentals.ca · Jul 2026
On CMHC's in-place averages, what existing tenants actually pay across the broader purpose-built stock, Montreal's per-bedroom rents are the lowest among the eight major Canadian cities SQRFT tracks, sitting well below the asking-rent figure because Quebec's rent-adjustment framework holds down increases on continuing tenancies. For the full monthly breakdown, we publish the Montreal Rent Report on the last business day of each month.
$1,131
Average 1-bedroom, in-place
CMHC · Oct 2025
$1,346
Average 2-bedroom, in-place
CMHC · Oct 2025
$1,940
Average asking rent, apartments and condos
Rentals.ca · Jul 2026
The practical read
Section 2
Where Montrealers rent: the district guide
Montreal is a large island city made up of 19 boroughs plus several independent demerged municipalities. Each area has a distinct rental character, and room-count ads locally use the Quebec "4½" (four-and-a-half) shorthand, counting the kitchen and bathroom alongside bedrooms and living room.
downtown
Ville-Marie borough — financial district, Quartier des Spectacles, McGill/Concordia campuses
east
Rosemont-La Petite-Patrie, Mercier-Hochelaga-Maisonneuve — Olympic Stadium, working-class-turned-hip districts
west
Notre-Dame-de-Grâce, Westmount (independent city), Côte-des-Neiges — anglophone-heritage residential
north
Ahuntsic-Cartierville, Villeray, Montréal-Nord — dense residential, Little Italy
islandNote
Westmount, Montreal West, Hampstead, Côte-Saint-Luc, Town of Mount Royal, and Montreal East are independent demerged municipalities on the Island of Montreal, NOT City of Montreal boroughs
SQRFT is building out detailed neighborhood-level pages across Montreal's boroughs. In the meantime, browse live listings from the rentals index and filter by area.
Section 3
Montreal schools and school boards
Where you live decides which public school your kids attend, and in Montreal it also decides which language sector you fall into.
The two public boards serving Montreal
Centre de services scolaire de Montréal
Serves families across the City of Montreal with designated catchment schools plus alternative and specialized programs.
English Montreal School Board
Serves families across the City of Montreal with designated catchment schools plus alternative and specialized programs.
How to find a school for your address
- 1Use the board's school locator first.Enter the address on the CSSDM or EMSB site and it returns the designated school for each grade level.
- 2Confirm the language of instruction.Quebec's Charter of the French Language generally requires children to attend French-language public school unless a specific exemption applies, so confirm eligibility for English-sector schooling (EMSB) before assuming it's available.
- 3Check whether the school is capped.Popular schools in growing boroughs regularly close to non-designated students.
- 4Confirm before you sign the lease.Montreal rentals move fast, and school-driven address decisions do not have a rewind button.
Public vs private
- •Public, French sector (CSSDM):free, catchment-based, Quebec's largest French-language school board, covering most of the island.
- •Public, English sector (EMSB):free, admission generally requires meeting Quebec's English-eligibility rules under the Charter of the French Language.
- •Private schools:a large, long-established private school sector in Montreal, with tuition varying widely and some schools partially subsidized by the province.
Section 4
Montreal universities and post-secondary
Montreal has one of the largest concentrations of university students of any city in North America, split across French and English institutions. Landlords near these campuses see distinct summer-vs-fall demand cycles.
McGill University
~40,531 students
Students concentrate in neighborhoods within walking or short-transit distance of the McGill campus.
Université de Montréal
~46,820 students
Students concentrate in neighborhoods within walking or short-transit distance of the UdeM campus.
Concordia University
~43,922 students
Students concentrate in neighborhoods within walking or short-transit distance of the Concordia campus.
Université du Québec à Montréal
~34,845 students
Students concentrate in neighborhoods within walking or short-transit distance of the UQAM campus.
HEC Montréal
~13,873 students
Students concentrate in neighborhoods within walking or short-transit distance of the HEC Montréal campus.
Polytechnique Montréal
~10,453 students
Students concentrate in neighborhoods within walking or short-transit distance of the Polytechnique campus.
Timing tip
Section 5
Getting around Montreal
Montreal has one of the busiest transit systems in Canada, run by the Société de transport de Montréal (STM), plus a newer regional light-rail network.
The essentials
- •Green line:runs east-west through the Plateau, downtown, and the city's east end.
- •Orange line:the busiest line, a long U-shape connecting Laval in the north through downtown to the South Shore's Longueuil station.
- •Yellow line:a short connector running from downtown across the river to Longueuil.
- •Blue line:runs east-west across the northern part of the island, through Côte-des-Neiges and Villeray.
- •Réseau express métropolitain (REM):a newer automated light-rail network connecting downtown to the South Shore, West Island, and the airport, opening in phases.
- •STM buses:the network extends well beyond métro coverage, essential for boroughs like NDG, Rosemont, and the West Island.
Car-optional zones
Section 6
What it costs to live in Montreal in 2026
Rent is the biggest line, but not the only one. Here's how Montreal's fixed costs stack against the rest of Canada.
Where Montreal wins
- •Rent itself.The lowest per-bedroom rents among Canada's largest cities, well below Toronto and Vancouver (see Section 1).
- •No security deposit.Quebec law does not allow a landlord to require a security, damage, or key deposit of any kind. At signing, a landlord can only require the first month's rent in advance, a real cost-of-moving advantage over most other provinces.
- •Among Canada's lowest regulated child care costs.Quebec's subsidized daycare network keeps childcare costs well below the Canadian average for families who secure a subsidized spot, though wait lists exist in many Montreal boroughs.
Where Montreal is expensive
- •Combined sales tax.Quebec charges 5 percent GST plus 9.975 percent QST, for a combined 14.975 percent, applied to most goods and many services, higher than Ontario's 13 percent HST or Alberta's 5 percent GST-only.
- •Winter costs.Long, cold winters mean real heating and winter-clothing costs, even where heating is included in rent.
- •Parking.Downtown and Plateau parking spots frequently rent separately on top of the unit itself, especially in older buildings without dedicated parking.
For live monthly cost-of-living data, Statistics Canada's Consumer Price Index release publishes the Montreal CMA component broken down by category, and Revenu Québec publishes the current GST and QST rate tables.
Section 7
Montreal events, culture, and why people love it here
The last section before we get to the practical answers. If you're deciding whether to move to Montreal in the first place, this is what tips the scale.
Montreal hosts one of the largest concentrations of major festivals of any Canadian city, drawing visitors and residents alike into a packed summer events calendar.
Major annual events
Montreal International Jazz Festival
late June-early July
A signature Montreal event drawing large crowds citywide.
Just for Laughs Festival
July
A signature Montreal event drawing large crowds citywide.
Osheaga Music and Arts Festival
August
A signature Montreal event drawing large crowds citywide.
Montreal's climate
Cold, snowy winters
Humid continental climate
Environment Canada, Montreal-Trudeau Airport, 1991-2020 Normals
Warm, humid summers
Typical July conditions
July 1
Quebec's traditional moving day, when most leases turn over citywide
Montreal's professional sports
Montreal Canadiens (NHL)
One of Montreal's major professional sports franchises.
CF Montréal (MLS)
One of Montreal's major professional sports franchises.
Montreal Alouettes (CFL)
One of Montreal's major professional sports franchises.
Section 8
Montreal's satellite cities
Depending on where you work and how you feel about commuting, Montreal's satellite cities are worth a look. Each has a distinct character and its own métro or light-rail connection to the island.
Laval
North of the island
Quebec's third-largest city, directly connected to Montreal by three Orange line métro stations and the REM, with a more suburban housing stock than the island's core boroughs.
Longueuil
South Shore
Montreal's South Shore anchor city, connected directly to downtown by the Yellow métro line, home to Pratt & Whitney Canada's aerospace headquarters.
Section 9
Renting in Montreal: Quebec tenancy law essentials
These rules apply to every Montreal rental. Bookmark this section.
Section 10
Live Montreal rentals on SQRFT
Browse listings across Montreal boroughs. All listings verified. Free to list.
Pricing
What should Montreal rent cost?
Sources
Where these numbers come from
- Rentals.ca / Urbanation National Rent Report (August 2026 edition)
- CMHC Montreal Rental Market Statistics (October 2025 survey)
- Tribunal administratif du logement, percentages and criteria for the fixing of rent
- Éducaloi, rental security deposits: a common yet illegal practice
- Éducaloi, visits and access to your apartment
- Éducaloi, repossession of rental housing
- Éducaloi, heating and rental housing
- Revenu Québec, GST and QST rate tables
- Société de transport de Montréal
- Environment Canada, Montreal-Trudeau Airport climate normals 1991-2020
- Centre de services scolaire de Montréal
- English Montreal School Board
© 2026 SQRFT. This page is for information only and is not financial, legal, or investment advice. Rental data current as of the dates cited above.
