Cheap Apartments for Rent in Montréal, QC from $500 (551 Rentals)

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

property at 4833 Saint-Urbain Rue

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

5 Bedroom, 1 Bath Home for Rent

Available Now

4833 Saint-Urbain Rue

MontréalQCH2T 2W1
property at 5136 Papineau Av

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

5136 Papineau Av

MontréalQCH2H 1W2
property at 4831 Saint-Urbain Rue

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

4 Bedroom, 1 Bath Home for Rent

Available Sep 1

4831 Saint-Urbain Rue

MontréalQCH2T 2W1
property at 5140 Papineau Av

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

6 Bedroom, 1 Bath Home for Rent

Available Now

5140 Papineau Av

MontréalQCH2H 1W2
property at 1285 Robin Rue

$840

Total Monthly Price

Total Monthly Price

Base Rent
$840

Total Monthly Price
$840

3 Bedroom, 1 Bath Home for Rent

Available Now

1285 Robin Rue

MontréalQCH2L 1W8

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Le Royal Urbain
$985 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $1,450

Total Monthly Price
$985 - $1,450
Studio to 1 Bedroom Apartments Available Now

Le Royal Urbain

3777 Saint-UrbainMontréal, QC H2W 1T5
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property at 2405 Rue Bélanger

$995 - $1,250

Studio To 1 Bedroom Rentals

Available Now

2405 Belanger

2405 Rue Bélanger
MontréalQCH2G 1E4

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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Le Saint-Urbain
$1,045 - $1,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,045 - $1,425

Total Monthly Price
$1,045 - $1,425
Studio to 1 Bedroom Apartments Available Now

Le Saint-Urbain

3475 Saint-Urbain RueMontréal, QC H2X 2N4
Furnished
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property at 7517 Marquette Rue

$1,080

Total Monthly Price

Total Monthly Price

Base Rent
$1,080

Total Monthly Price
$1,080

1 Bedroom, 1 Bath Home for Rent

Available Now

7517 Marquette Rue

MontréalQCH2E 2E2
property at 3580 Av. Lorne

$1,095 - $1,480

Studio To 1 Bedroom Rentals

Available Now

The Lorne Apartments

3580 Av. Lorne
MontréalQCH2X 2A7
property at 2500 Boul Cavendish

$1,095 - $1,930

Studio To 2 Bedroom Rentals

Available Now

Habitat 2500 Apartments

2500 Boul Cavendish
MontréalQCH4B 2Z6

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.

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.

property at 4617 Vézina Rue

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

4617 Vézina Rue

MontréalQCH3W 1B7
property at 4760 Chem. de la Côte des Neiges

$1,170 - $1,895

Studio To 2 Bedroom Rentals

Available Now

Cote-des-Neiges Apartments

4760 Chem. de la Côte des Neiges
MontréalQCH3V 1G3

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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: 07/16/2026

Current apartment rentals in the Montréal, QC area range in price from $650 to $23,510 with an overall median price of $3,781. The three Montréal neighborhoods with the lowest median rent pricing are Décarie Outremont at $885, Ahuntsic Saint Laurent at $1,090, and Hochelaga Mercier at $1,200. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Montréal Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Décarie Outremont$2,249$88588
Ahuntsic Saint Laurent$2,397$1,09011
Hochelaga Mercier$2,778$1,20012
Sud Ouest Verdun$3,428$1,0882
Ville Marie Westmount$4,995$950399
Plateau Rosemont$6,841$65025

Cheapest Available Montréal Apartments for Rent

 

The cheapest available apartment rental in Montréal, QC is a Studio unit found at 525 Bruges Rue in the Laurentides Lanaudière neighborhood priced from $200. 8877 Lajeunesse Rue in the Laurentides Lanaudière neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Montréal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
525 Bruges RueStudioStudio,$200
8877 Lajeunesse Rueout of stockStudio,1BA$500
Parc Cite1x1 Standard1BR,1BA$599
5555 BeaucourtOut of stock1BR,1BA$600
4560 Décarie BoulStudio BasementStudio,1BA$885
3440 Decelles PlStudio (Decarie)Studio,1BA$885
4251 de LorimierStudioStudio,1BA$890
Chateau BeaurivageStudioStudio,1BA$895
5285 Beaconsfield AvStudioStudio,1BA$900
12247 Ranger RuestudioStudio,1BA$925

Best Value Apartments for Rent in Montréal, QC

As of July 17, 2026 the best value apartment in the Montréal area is the $1.67 price per square foot 4 1/2 (1 bath) Model at 6920-6940 Fielding Avenue in the starting from $1,750. The second greatest value Montréal apartment is the 2 Bedroom Model at 5915 Décarie starting at $1,650 with a $1.65 price per square foot in the Laurentides Lanaudière neighborhood. 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.
6920-6940 Fielding Avenue4 1/2 (1 bath)2BR,1BA$1.67
5915 Décarie2 Bedroom2BR,1BA$1.65
5943 Hamilton Rue2 Bedroom2BR,1BA$1.57
5475 Westminster Av2 Bedroom2BR,1BA$1.53
Place Northcrest1 Bedroom1BR,1BA$1.69
2775 De Kent AvOne Bedroom1BR,1BA$1.62
Palay4 bedroom x 2 bathroom4BR,2BA$1.35
Sunnybrooke1 Beds, 1 Baths1BR,1BA$1.63
6645 De Terrebonne Rue1 bed1BR,1BA$1.67
1180 Rue Du FortOne Bedroom + DEN1BR,1BA$1.67

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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!

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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 $925.

What is the price of a cheap apartment in Montréal?

The cheapest apartment in Montréal is Parc Cite which is listed at $599, while the average apartment in Montréal costs $3,781.

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 17 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 $990 which is $2,791 cheaper than the average rent for all rentals in Montréal.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.