Montreal Rent Prices — Updated for May 2026
Report for May 2026 · Updated monthly by Door Insight
The median rent for a two-bedroom unit in Montreal is $1,900 per month as of May 2026. One-bedroom units are asking $1,540, two-bedrooms $1,900, and three-bedrooms $2,148. Asking rents have declined 17% compared to the same period last year.
Montreal Rent Trends — Historical Chart
Montreal Rental Market Summary — May 2026
The median asking rent for a two-bedroom unit in Montreal is $1,900 per month as of May 2026. Month-over-month, two-bedroom rents declined 3.6%. One-bedroom units are listing at a median of $1,540, while three-bedroom units sit at $2,148. The three-bedroom segment is moving fastest year-over-year at -18.9%.
Year-over-year, Montreal's two-bedroom median asking rent has decreased 17%. One-bedroom rents moved -12.5% over the same period. Three-bedroom rents shifted -18.9% year-over-year. These figures reflect asking rents from active listings analysed by Door Insight.
By Property Type
Condo two-bedroom units in Montreal have a median asking rent of $1,922 (-15.9% YoY). House two-bedroom units in Montreal have a median asking rent of $1,400 (-36.8% YoY).
Property managers in Montreal should consider current market trajectory when setting rental rates. The data on this page provides a baseline for pricing decisions across Montreal's rental market. For property-specific estimates, Door Insight's Rent Estimator provides address-level analysis.
Average Rent in Montreal by Bedroom Count
The table below shows median and average asking rents in Montreal, Quebec as of May 2026.
| Bedrooms | Median Rent | Average Rent | Month-over-Month | Year-over-Year |
|---|---|---|---|---|
| 1 Bedroom | $1,540 | $1,865 | ↑ 10.2% | ↓ 12.5% |
| 2 Bedroom | $1,900 | $1,965 | ↓ 3.6% | ↓ 17% |
| 3 Bedroom | $2,148 | $2,247 | ↓ 10.3% | ↓ 18.9% |
Among the bedroom types tracked in Montreal, 1 Bedroom units are showing the strongest year-over-year movement. Property managers pricing 1 bedroom units may have additional room to adjust asking rents, while slower-moving segments may warrant more competitive positioning to minimise vacancy.
Montreal Rent by Property Type
Rental rates in Montreal differ by property type. The table below breaks down median two-bedroom rents as of May 2026.
| Property Type | Median Rent (2BR) | Month-over-Month | Year-over-Year |
|---|---|---|---|
| All Types | $1,900 | ↓ 3.6% | ↓ 17% |
| Condo | $1,922 | ↓ 2.4% | ↓ 15.9% |
| House | $1,400 | ↓ 24.9% | ↓ 36.8% |
Among property types, Condo rents are growing the fastest year-over-year, while House rents are growing the slowest.
Condo Rent in Montreal
| Bedrooms | Median Rent | Average Rent | YoY Change | MoM Change |
|---|---|---|---|---|
| 1 Bedroom | $1,550 | $1,871 | ↓ 11.9% | ↑ 6.5% |
| 2 Bedroom | $1,922 | $1,978 | ↓ 15.9% | ↓ 2.4% |
| 3 Bedroom | $2,148 | $2,247 | ↓ 17.4% | ↓ 8.5% |
House Rent in Montreal
| Bedrooms | Median Rent | Average Rent | YoY Change | MoM Change |
|---|---|---|---|---|
| 1 Bedroom | $1,300 | $1,300 | ↓ 6.3% | ↓ 6.8% |
| 2 Bedroom | $1,400 | $1,400 | ↓ 36.8% | ↓ 24.9% |
| 3 Bedroom | $3,300 | $3,300 | ↑ 10% | ↑ 10% |
Is Montreal Rent Going Up or Down?
Montreal rents are falling. The current median two-bedroom asking rent is $1,900 per month. Year-over-year, two-bedroom rents have decreased 17%. Month-over-month, the change is -3.6%.
The softening trend in Montreal indicates increased competition among landlords. Property managers should price competitively and consider the value of minimising vacancy over maximising per-unit rent.
What This Means for Property Managers in Montreal
Pricing Guidance
Based on current data, the median two-bedroom asking rent in Montreal is $1,900 per month. One-bedroom units are asking $1,540, and three-bedroom units list at $2,148. With two-bedroom rents down 17% year-over-year, the data suggests a more cautious approach to pricing increases. When pricing by property type: condo units have a median two-bedroom rent of $1,922; house units have a median two-bedroom rent of $1,400; Property managers should benchmark their asking rents against these figures and adjust based on unit condition, location, and amenities.
Lease Renewal Strategy
In a softening market with rents down 17% year-over-year, Montreal property managers may want to prioritise retention over rent increases. Holding steady on renewals can minimise vacancy and turnover costs.
Market Outlook
Based on current trends, Montreal's rental market is experiencing a cooling period. The most recent month-over-month movement of -3.6% provides a near-term signal for pricing direction. This is data-informed analysis based on listing trends and should not be treated as a guarantee of future market conditions. Property managers may want to monitor Door Insight's monthly updates for the latest figures.
About This Report
Data Sources
This Montreal rental market report is based on active and recently listed rental units analysed across major Canadian listing platforms during May 2026. Data is aggregated from listings across Canada and refreshed monthly.
Methodology
Both median and average rents are provided for each bedroom count. The median is used as the primary measure because it is less affected by extreme values at either end of the price range. All figures reflect asking rents (listed prices), which may differ from final lease prices negotiated between landlord and tenant.
Data Confidence
Neighbourhoods and property types with smaller sample sizes may be less representative of actual market conditions. Where sample sizes are shown, they can be used to gauge the reliability of that data point.
Update Schedule
This report is updated monthly. The next update is expected in July 2026.
Frequently Asked Questions About Renting in Montreal
- What is the average rent in Montreal?
- The median rent for a two-bedroom unit in Montreal is $1,900 per month. The average rent for a two-bedroom is $1,965 per month. One-bedroom units have a median asking rent of $1,540. Three-bedroom units have a median asking rent of $2,148. These figures are based on current listing data analysed by Door Insight.
- How much should I charge for a 2-bedroom rental in Montreal?
- The median two-bedroom rental rate in Montreal is $1,900 per month across all property types. By type: Condo at $1,922, House at $1,400. For a property-specific estimate based on exact address, unit size, and features, use Door Insight's Rent Estimator tool.
- Is rent going up or down in Montreal?
- Montreal rents are falling. The median two-bedroom asking rent has changed 17% year-over-year. Month-over-month, two-bedroom rents moved 3.6%. This data reflects current listing prices analysed by Door Insight.
- What is the vacancy rate in Montreal?
- Vacancy rate data for Montreal is updated periodically on Door Insight. Check back for the latest figures on rental vacancy in the Montreal market.
- Which Montreal neighbourhood has the highest rent?
- Neighbourhood-level rent data for Montreal is available through Door Insight's Market Rent Pro platform. Premium neighbourhoods typically command the highest asking rents in the city.
- Which Montreal neighbourhood has the lowest rent?
- For a detailed neighbourhood breakdown of Montreal rental rates, including the most affordable areas, explore Door Insight's neighbourhood data tools.
- How do Montreal rents compare to other Quebec cities?
- Montreal two-bedroom median rents have decreased 17% year-over-year. For direct comparisons to other Quebec cities, see the city comparison section on this page or explore individual city reports on Door Insight.
Get a Rent Estimate for Your Property
The city-level data on this page provides a market overview for Montreal. For a property-specific estimate based on exact address, unit size, and features, try Door Insight's Rent Estimator.
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