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rents

These Are The Average Rents In Montreal's Most Popular Areas Right Now

New data on the average rent price in Montreal suggests you'll have to look outside of the city's most popular neighbourhoods if you're looking for an apartment for under $1,000 per month... at least for now.

The data, compiled by liv.rent for its March Rent Report and shared with MTL Blog, shows average prices in nine areas on Montreal Island: the Plateau-Mont-Royal, downtown, Saint-Henri and Westmount, Verdun, Notre-Dame-de-Grâce, Côte-des-Neiges, Saint-Laurent, Ahuntsic–Cartierville, and Villeray–Parc-Extension.

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A New Bill Was Introduced In Quebec That Would Freeze Rent Increases For One Year

Québec solidaire MNA Andrés Fontecilla introduced a private members' bill in the National Assembly of Québec on February 10 that would freeze residential rent increases in the province for one year — from June 2021 to May 2022. 

However, it still needs to get through more stages in order to pass, including a public hearing, detailed consideration by a committee and a vote. Québec solidaire only holds 10 out of 125 seats in the provincial government, which makes it harder for them to pass bills. 

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This Map Shows Where Average Rent Prices Went Up The Most In Montreal in 2020

A market report shows rent in Montreal actually rose in 2020 — even as the COVID-19 pandemic battered the economy.

Rent on a "per-square-foot basis" was up 7% in 2020, according to the report from Rentals.ca and Bullpen Research & Consulting.

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Montreal Rent Keeps Going Up While Prices In Other Cities Have Plummeted, A Report Says

Rents continue to drop in Canada’s most expensive cities. Not so in Montreal, where rent on a "per-square-foot basis" is up 7% in 2020, according to a recent report from Rentals.ca and Bullpen Research & Consulting.

And don’t look for them to drop any time soon.

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A Report Says Montreal Rents Have Fallen As People Seem To Want To Leave Cities

Rents are falling in the country's three largest cities, according to a recent report from PadMapper, an apartment rental and lifestyle website. The biggest drops were in Toronto and Vancouver but rents also fell in Montreal, though it's always been cheaper to live here anyway.

In our city, median one and two-bedroom rents were down 6.7% and 2.8%, to $1,400 and $1,750, respectively, since the same time last year, the September report says.

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