Cheap Apartments for Rent in Montréal, QC from C$500 (221 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montréal.

property at 5136 Papineau Av

5136 Papineau Av

MontréalQCH2H 1W2

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 1350 Rue du Fort

1350 Rue du Fort

MontréalQCH3H 2R7
property at 3580 Av. Lorne

3580 Av. Lorne

MontréalQCH2X 2A7

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Montréal, QC Local Guide

Photo of Bobbi Jackson - Local Guide Expert
Written By:
Bobbi Jackson
Local Guide Expert

Cheapest Neighborhoods for Apartments in Montréal, QC

Pricing Updated: 07/13/2025

Current apartment rentals in the Montréal, QC area range in price from C$700 to C$15,000 with an overall median price of C$3,770. The three Montréal neighborhoods with the lowest median rent pricing are Ahuntsic Saint Laurent at C$1,295, Hochelaga Mercier at C$930, and Décarie Outremont at C$995. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Montréal Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Ahuntsic Saint LaurentC$1,690C$1,2952
Hochelaga MercierC$2,770C$9308
Décarie OutremontC$2,800C$99541
Sud Ouest VerdunC$2,800C$1,59528
Ville Marie WestmountC$5,400C$1,099207
Plateau RosemontC$7,160C$70021

Cheapest Available Montréal Apartments for Rent

 

The cheapest available apartment rental in Montréal, QC is a 1 Bed unit found at Parc Cite in the Ville Marie Westmount neighborhood priced from C$599. Le Côte Sainte-Catherine in the Décarie Outremont neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$995. Here is today’s list of the most affordable Montréal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parc Cite1x1 Standard1BR,1BAC$599
Le Côte Sainte-Catherine0 Beds, 1 BathsStudio,1BAC$995
PH 3 - 3 Walk-upStudioStudio,1BAC$1,019
4875 Dufferin4875 Dufferin - Plan IStudio,1BAC$1,034
Trent & Kingsley7461 Ch. Kingsley - Plan CStudio,1BAC$1,089
1240-1250 du FortBase StudioStudio,1BAC$1,099
Domaine Bellerive Apartments0 Beds, 1 BathsStudio,1BAC$1,135
Benny Crescent Apartments0 Beds, 1 BathsStudio,1BAC$1,140
235 Sherbrooke235 Sherbrooke - Plan CStudio,1BAC$1,144
539 Prince-Arthur O0 Beds, 1 BathsStudio,1BAC$1,145

Best Value Apartments for Rent in Montréal, QC

As of July 13, 2025 the best value apartment in the Montréal area is the C$1.84 price per square foot 5051 Clanranald - Plan B Model at 5051 Clanranald in the in the Décarie Outremont neighborhood starting from C$2,199. The second greatest value Montréal apartment is the 3 Beds, 1 Baths Model at Place Cavendish Apartments starting at C$2,295 with a C$1.93 price per square foot . Here is today’s list of the best values for Montréal apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5051 Clanranald5051 Clanranald - Plan B3BR,1BAC$1.84
Place Cavendish Apartments3 Beds, 1 Baths3BR,1BAC$1.93
Complexe Deguire2 Bedroom Premium2BR,1BAC$1.52
Bourret ApartmentsRenovated 4 1/2 - NDG2BR,1BAC$1.89
Villa Topaze2 BR2BR,1BAC$1.87
The Topaz1 Beds, 1 Baths1BR,1BAC$1.81
PH 1 - 41 Bedroom1BR,1BAC$1.95
Le Monteverdi1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$1.79
5501 Adalbert5501 Avenue Adalbert - Plan C1BR,1BAC$1.94
Joie De Vivre Apartments1 Bed, 1 bath1BR,1BAC$1.94

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Montréal Overview

Stunning cosmopolitan Montréal – European culture on a North American waterfront. On an island dividing the Saint Lawrence River is the sparkling vision of Montréal Québec, the province’s largest city and Canada’s second largest. It’s named after Mont Royal, the volcanic 3-peaked mountain that makes the island. The exquisite city is French Canadian with a distinctive European atmosphere. French is the primary language of Québec. Many people in Montréal speak English, but very few do in rural areas farther from the city. Montréal is a leading financial, manufacturing, and academic center of Canada. It is a major employment and transportation hub. But it’s best known for its friendly people, affordable rental housing, abundant fun nightlife, many delectable dining options, and its vibrant art, music, and theater scene. 

Why live in Montréal, QC?

Montréal, Québec is the jewel of eastern Canada and northern areas of the adjacent US states.  With around 1.8 million residents, Montréal is one of the largest employment markets in Canada. Yet, it maintains a lovely community culture across its diverse population. The city is an academic center, home to multiple prestigious universities, including Concordia. Montréal rental homes are surprisingly more affordable than in many US cities. The public transportation system is unsurpassed. The city offers abundant unique sights, fun activities, entertainment, dazzling nightlife, and a world-famous culinary scene. Overall, the quality of life is high here. The French and North American cultural blending generates a distinctive European vibe. Plus, there is a vibrant arts scene and an endless array of outdoor recreational options all over the island. Shopping options, including fresh food markets, are plentiful, and the crime rate is low. 

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montréal, QC Rentals by Map

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See the most popular apartments and homes in Montréal, QC

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Frequently Asked Questions about Cheap Montréal Apartments

What is the Cheapest Studio apartment in Montréal?

Currently the most affordable Cheap Studio Apartment in Montréal is at Le Côte Sainte-Catherine listed at C$995.

How much is rent for a Cheap One Bedroom Montréal Apartment?

The lowest price for a Cheap One Bedroom Montréal Apartment is C$599 at Parc Cite.

What is the lowest price for a Cheap Two Bedroom Montréal Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montréal is starting from C$1,449 at PH 3 - 3 Walk-up.

What is the most affordable Montréal Three Bedroom Apartment?

The best deal on a cheap Montréal Three Bedroom Apartment rental is at Domaine Bellerive Apartments and starts from C$2,050.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.