Here's The Difference In Average Rent Prices In Montreal vs. Toronto This May

Montreal definitely still beats Toronto in the cheaper rent category...
Here's The Difference In Average Rent Prices In Montreal vs. Toronto This May
F11photo | Dreamstime Surangaw | Dreamstime
Contributing Writer

The battle between Montreal and Toronto is neverending, but one realm we know we win in is that of cheaper real estate. But with rental prices increasing in the 514, we decided to take a look at the average rent in Montreal vs. Toronto.

To compare, we took a look at liv.rent's May 2021 Montreal Rent Report and May 2021 Toronto Rent Report.

Editor's Choice: 6 Stunning Flower Fields Near Montreal You Can Wander Through This Summer

The average rent in Montreal for an unfurnished one-bedroom apartment is $1,192/month this May, while a furnished one-bedroom averages $1,426/month.

Meanwhile, this May in Toronto, the average rental price for an unfurnished one-bedroom is $1,704/month and a furnished one is $1,765/month.

So, if we're talking comparisons, that makes a $512/month difference for a furnished one-bedroom apartment in Toronto instead of Montreal and a $339/month difference for an unfurnished one. 

From Your Site Articles
one-bedroomfurnishedrentunfurnishedaverage
MontrealReal EstateReal Estate
  • Alanna Moore
  • Alanna Moore

    Contributing Writer

    Alanna Moore is a Contributing Writer for MTL Blog. She completed a Bachelor of Arts in religious studies & cultural studies from McGill University in 2019. With over three years experience in editing and writing, she has developed a real passion for words and the people who speak them. You can contact her at alanna@mtlblog.com.

I tried to find the cheapest poutine in Montreal — Here's where to get it for under $9

You're welcome, Montreal.

A Montreal millionaire trying to bring the Expos back already has a stadium plan ready

Is this really happening?

This new Canadian coin looks like spare change but is actually worth way more

Don't expect to find it in your wallet.

Here's when January's Canada Child Benefit payment arrives & how much parents can get

Here's everything parents need to know about January's payment. 💰

This Montreal park with Disney vibes has transformed into an ethereal winter wonderland

The snow-covered version only lasts a few more weeks! ❄️

Renewing your Quebec driver's license? You might pay double what you paid last year

Some drivers get discounted rates.