Average Rent in Montreal in Today’s Market
The average rent in Montreal, QC, is $1,850, 7% lower than the national average.
As Canada’s leading corporate housing provider, we are committed to offering luxurious rental experiences in the city.
Average Rent Prices for Furnished Corporate Rentals in Montreal
The average monthly rent for an apartment in Montréal is $1,805. For a one-bedroom apartment, you can expect to pay around $1,767. If you’re looking for a 2-bedroom unit, the average cost increases to $2,326. Houses for rent in the city are pricier, averaging $2,799 per month.
| Apartment Type | Short-Term Rent | Long-Term Rent |
|---|---|---|
| Studio | $1,535 | $1,489 |
| 1 Bedroom | $1,783 | $1,677 |
| 2 Bedroom | $2,376 | $2,288 |
| 3 Bedroom | $2,946 | $2,758 |
| 4 Bedroom | $3,310 | $3,123 |
Corporate Stays offers top-notch furnished apartments in Montreal. Every unit is fully equipped with essential amenities, making your stay as comfortable as possible.
CorporateStays.com lists the latest apartments available, ensuring you get the best choice for any duration of stay.
Average Rent by Neighborhood in Montreal
| Neighborhood | Average Rent (CAD) |
|---|---|
| Cote Des Neiges | $1,833 |
| Lasalle | $2,021 |
| Le Sud Ouest | $2,470 |
| Loyola | $1,706 |
| Milton Parc | $1,737 |
| Quartier Ville Marie | $2,242 |
| Saint Michel | $2,034 |
| Sainte Marie | $1,767 |
| Snowdon | $1,871 |
| Vieux Montreal | $2,267 |
When you choose Corporate Stays for your rental needs in Montreal, you get the best of both short-term and long-term options.
Located in prime neighborhoods, our properties offer easy access to public transport, entertainment, and shopping areas.
Comparison of Corporate Stays vs. Typical Residential Rents in Montreal
| Apartment Type | Corporate Stays Rent | Average Residential Rent |
|---|---|---|
| Studio | $1,535 | $1,272 |
| 1 Bedroom | $1,783 | $1,500 |
| 2 Bedroom | $2,376 | $1,850 |
| 3 Bedroom | $2,946 | $2,245 |
| 4 Bedroom | $3,310 | $2,750 |
By choosing Corporate Stays, tenants benefit not only from fully furnished apartments but also from premier locations and comprehensive amenities that standard rentals may lack.
Contact a Corporate Stays representative for personalized advice. Sign up for alerts from Corporate Stays. Be the first to know about new listings and special offers.
Key Factors Influencing Rent Prices in the Corporate Rental Market Montreal
| Factor | Description |
|---|---|
| Economic Growth | The growth of the local economy impacts rent prices. |
| Industry Developments | New business developments can drive rental demand. |
| Demographic Shifts | Changes in population affect the housing market. |
| Location | Prime locations command higher rent prices. |
| Property Size and Amenities | Larger properties with more amenities cost more. |
| Property Condition | Well-maintained properties have higher rents. |
| Market Demand and Supply | Rents rise when demand exceeds supply. |
Understanding these factors can help tenants and landlords better prepare for fluctuations in the corporate rental market.
Historical Corporate Housing Market Trends Calgary
| Year | Average Rent (CAD) |
|---|---|
| 2015 | $1,240 |
| 2016 | $1,270 |
| 2017 | $1,300 |
| 2018 | $1,340 |
| 2019 | $1,380 |
| 2020 | $1,420 |
| 2021 | $1,460 |
| 2022 | $1,520 |
| 2023 | $1,650 |
| 2024 | $1,783 |
The steady recovery and optimistic projections for the coming years reflect the strength and adaptability of this market, driven by factors such as corporate expansions, the increasing appeal of Calgary as a business hub, and the evolving work patterns that favor corporate and furnished rentals.
Average Rent in Nearby Cities for Furnished Apartments
Montreal’s corporate rental market may be more expensive compared to nearby cities.
| Montreal | Vancouver | Toronto | Halifax | Quebec City | Edmonton | Calgary | Winnipeg |
|---|---|---|---|---|---|---|---|
| $1,850 | $2,995 | $2,700 | $1,600 | $1,500 | $1,550 | $2,045 | $1,300 |