Montreal asking rents up nearly 71% in six years, according to Statistics Canada
- Montreal's asking rent has increased by nearly 71% since 2019, with the average rent for a two-bedroom apartment reaching $1,930 in the first quarter of 2025.
- In 2025, Montreal ranked 17th for average asking rent among Canadian cities, trailing behind Vancouver and Toronto.
- Statistics Canada reported that asking rent in Montreal has risen by nearly 71 percent since 2019.
- Asking rents in Quebec cities like Drummondville and Sherbrooke have roughly doubled in the same time period.
23 Articles
23 Articles
Asking Rent Prices in Montreal Have Jumped More Than 70 Percent Since 2019: StatCan
The average asking price for rental units in Montreal increased by nearly 71 percent between 2019 and the first quarter of this year, according to Statistics Canada. The average asking rent for a two-bedroom unit in Montreal was $1,130 in 2019, which increased by 70.8 percent to $1,930 by the first quarter of 2025, according to a quarterly report released by StatCan on June 25 in collaboration with the Canada Mortgage and Housing Corporation. Mo…
If the average price of a 41⁄2 was $1130 in 2019 in Montreal, the price is now $130.
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