Property prices for rent in Montreal (Quebec)

The rent prices in real estate in Montreal, in the Quebec region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Montreal has fallen during the last 6 months. In September, the average price per sq.feet was $2.84. In October this price barely changed remaining at $2.75 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.8 to $2.78 per sq.feet. The price per sq.feet has had a considerable fall of 85 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.79 to $2.37 during January, and February.

Average price

When referring to the price in Montreal (cities), there have hardly been any changes in the last 6 months. The rent price in September is $1,926, rising in October till $2,043. During the following two months (November, December) the price has had an average rise from $1,984.5 to $2,089.5. During the last two months the average price has fallen greatly compared to the previous four going from $2,037 to $1,523, which means a 75 % fall.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,541 they are 7 % more expensive than the average price for Montreal. Following this ranking we find those properties with 2 at an average price of $2,146. The properties with the highest average price have 4 bedrooms, Their price is 101 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,697.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $2.76 / sq.feet, with an average $2.34 / sq.feet price in Montreal. The properties with the most expensive average prices have 4 bedrooms. They are 328 % more expensive than the average followed by properties with 3 bedrooms with a price at $4.37 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,541 it is 22 % more expensive than the average price in Montreal. "Duplex" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "". At a price of $2,411 it is 59 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $2.9 / sq.feet followed by "Condo" priced at $19.56 / sq.feet. "Duplex" is the most expensive type of property with a $37.6 / sq.feet value followed by "Condo" with an average price of $19.56 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Montreal
Number of properties used in region Quebec
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value