Property prices for rent in Montreal (Quebec)

The rent prices in real estate in Montreal, in the Quebec region have slightly risen in the last couple of months. There has been a rise 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 risen during the last 6 months. In January, the average price per sq.feet was $2.39. In February this price barely changed remaining at $2.34 per sq.feet. The price for the following two months in (March, April) had a considerable rise of 118 %. The price per sq.feet has risen 108 % 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 $2.57 to $2.78 during May, and June.

Average price

When referring to the price in Montreal (cities), this has risen considerably in the last 6 months. In our first sample month during January, the average price is $1,505. In February This price remains at $1,541. During the following two months (March, April) the average price had a considerable rise of 118 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,746 they are 3 % more affordable than the average price for Montreal . The properties with the highest average price have 3 bedrooms, Their price is 41 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,254.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $6.29 / sq.feet, with an average $2.72 / sq.feet price in Montreal. The properties with the most expensive average prices have 4 bedrooms. They are 786 % more expensive than the average followed by properties with 1 bedroom with a price at $10.01 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,746 it is 23 % more affordable than the average price in Montreal. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Duplex". At a price of $1,842 it is 238 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Duplex" at an average price of $1.68 / sq.feet followed by "House" priced at $3.17 / sq.feet. "Townhouse" is the most expensive type of property with a $24.59 / sq.feet value followed by "Condo" with an average price of $10.84 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
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