Cheap Apartments for Rent in Montréal, QC from C$500 (315 Rentals)

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

property at 3710 Coloniale Av

3710 Coloniale Av

MontréalQCH2X 2Y6
property at 5150 Papineau Av

5150 Papineau Av

MontréalQCH2H 1W2
property at 4053 Cartier Rue

4053 Cartier Rue

MontréalQCH2K 4G3
property at 5136 Papineau Av

5136 Papineau Av

MontréalQCH2H 1W2

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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property at 3774 De Bullion Rue

3774 De Bullion Rue

MontréalQCH2W 2C8

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 2500 Boul Cavendish

2500 Boul Cavendish

MontréalQCH4B 2Z6
property at 3580 Av. Lorne

3580 Av. Lorne

MontréalQCH2X 2A7

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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property at 3440 Rue Durocher

3440 Rue Durocher

MontréalQCH2X 2E2
property at 1350 Rue du Fort

1350 Rue du Fort

MontréalQCH3H 2R7

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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property at 65 R. Sherbrooke E

65 R. Sherbrooke E

MontréalQCH2X 1C4
property at 135 R. Sherbrooke E

135 R. Sherbrooke E

MontréalQCH2X 1C6

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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: 10/14/2025

Current apartment rentals in the Montréal, QC area range in price from C$600 to C$15,000 with an overall median price of C$2,995. The three Montréal neighborhoods with the lowest median rent pricing are Plateau Rosemont at C$700, Ahuntsic Saint Laurent at C$945, and Décarie Outremont at C$1,195. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Montréal Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Plateau RosemontC$2,663C$7009
Ahuntsic Saint LaurentC$2,700C$94512
Décarie OutremontC$2,795C$1,19530
Hochelaga MercierC$2,850C$9304
Sud Ouest VerdunC$3,300C$1,39525
Ville Marie WestmountC$3,666C$600223

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. Place Cavendish Apartments 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
Place Cavendish Apartments0 Beds, 1 BathsStudio,1BAC$995
Benny Crescent Apartments0 Beds, 1 BathsStudio,1BAC$995
1240-1250 du FortBase StudioStudio,1BAC$1,000
1375 La Fontaine RueStudioStudio,1BAC$1,050
Place Du Boulevard Apartments0 Beds, 1 BathsStudio,1BAC$1,095
The Lorne Apartments0 Beds, 1 BathsStudio,1BAC$1,095
Habitat 2500 Apartments0 Beds, 1 BathsStudio,1BAC$1,095
Terrasses Embassy Apartments0 Beds, 1 BathsStudio,1BAC$1,095
La Citadelle0 Bedroom(s) and 1 Bathroom(s)Studio,1BAC$1,107

Best Value Apartments for Rent in Montréal, QC

As of October 14, 2025 the best value apartment in the Montréal area is the C$1.78 price per square foot 3 Bedroom, 3 Bathroom Model at Les Tours Lakeshore in the in the Ouest de l’Île neighborhood starting from C$4,995. The second greatest value Montréal apartment is the 3 Beds, 1 Baths Model at Place Cavendish Apartments starting at C$1,995 with a C$1.67 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.
Les Tours Lakeshore3 Bedroom, 3 Bathroom3BR,3BAC$1.78
Place Cavendish Apartments3 Beds, 1 Baths3BR,1BAC$1.67
4545 Walkley2 Bedroom, 1 Bathroom2BR,1BAC$1.73
Villa Saint-Jean1 Bedroom, 1 Bathroom1BR,1BAC$1.65
Villa Topaze2 BR2BR,1BAC$1.82
2070 de Maisonneuve0 Bedroom, 1 BathroomStudio ,1BAC$1.53
2775 De Kent AvOne Bedroom1BR,1BAC$1.68
Palay4 bedroom x 2 bathroom4BR,2BAC$1.48
Le Monteverdi1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$1.79
Sunnybrooke1 Beds, 1 Baths1BR,1BAC$1.81

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 a cheap apartment in Montréal?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montréal is under C$1,107.

What is the price of a cheap apartment in Montréal?

The cheapest apartment in Montréal is Parc Cite which is listed at C$599, while the average apartment in Montréal costs C$2,995.

What types of apartments are the cheapest in Montréal?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Montréal that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Montréal?

Cheap apartments in Montréal have an average cost of C$687 which is C$2,308 cheaper than the average rent for all rentals in Montréal.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.