Cheap Apartments for Rent in Montréal, QC from $500 (501 Rentals)

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

property at 4831 Saint-Urbain Rue

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

4 Bedroom, 1 Bath Home for Rent

Available May 1

4831 Saint-Urbain Rue

MontréalQCH2T 2W1
property at 5136 Papineau Av

$700 - $1,800

Total Monthly Price

Total Monthly Price

Base Rent
$700 - $1,800

Total Monthly Price
$700 - $1,800

3 Bedroom, 1 Bath Home for Rent

Available Now

5136 Papineau Av

MontréalQCH2H 1W2
property at 1285 Robin Rue

$830

Total Monthly Price

Total Monthly Price

Base Rent
$830

Total Monthly Price
$830

3 Bedroom, 1 Bath Home for Rent

Available Now

1285 Robin Rue

MontréalQCH2L 1W8
property at 3778 De Bullion Rue

$850 - $2,690

Total Monthly Price

Total Monthly Price

Base Rent
$850 - $2,690

Total Monthly Price
$850 - $2,690

3 Bedroom, 1 Bath Home for Rent

Available May 1

3778 De Bullion Rue

MontréalQCH2W 2C8
property at 3772 De Bullion Rue

$850 - $2,690

Total Monthly Price

Total Monthly Price

Base Rent
$850 - $2,690

Total Monthly Price
$850 - $2,690

3 Bedroom, 1 Bath Home for Rent

Available May 1

3772 De Bullion Rue

MontréalQCH2W 2C8

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 5491 Av. Victoria

$995 - $1,350

Studio To 1 Bedroom Rentals

Available Jul 1

5491 Av. Victoria

MontréalQCH3W 2P9

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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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 5497 Av. Victoria

$995 - $1,250

Studio To 1 Bedroom Rentals

Available Jul 1

5497 Av. Victoria

MontréalQCH3W 2P9

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.

property at 3580 Av. Lorne

$1,165 - $1,985

Studio To 2 Bedroom Rentals

Available Now

The Lorne Apartments

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

$1,180 - $1,515

Studio To 1 Bedroom Rentals

Available Now

Habitat 2500 Apartments

2500 Boul Cavendish
MontréalQCH4B 2Z6

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.

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: 04/16/2026

Current apartment rentals in the Montréal, QC area range in price from $700 to $42,369 with an overall median price of $3,659. The three Montréal neighborhoods with the lowest median rent pricing are Ahuntsic Saint Laurent at $1,090, Hochelaga Mercier at $1,200, and Ville Marie Westmount at $800. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Montréal Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Ahuntsic Saint Laurent$2,472$1,09016
Hochelaga Mercier$2,775$1,20012
Ville Marie Westmount$3,000$800315
Décarie Outremont$3,150$97552
Plateau Rosemont$6,900$70024

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 $599. 4724 Pierre-Coubertin has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Montréal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parc Cite1x1 Standard1BR,1BA$599
4724 Pierre-CoubertinStuioStudio,1BA$895
Chateau BeaurivageStudioStudio,1BA$895
Benny Crescent Apartments0 Beds, 1 BathsStudio,1BA$925
5250-5252 De Charleroi RueStudioStudio,1BA$925
4290-4320 Métropolitain EStudio1BR,1BA$950
8877 Lajeunesse RueStudioStudio,1BA$950
Jules Poitras ApartmentsStudioStudio,1BA$950
Port LincolnStudioStudio,1BA$955
Le Royal UrbainSTUDIOStudio,1BA$985

Best Value Apartments for Rent in Montréal, QC

As of April 16, 2026 the best value apartment in the Montréal area is the $1.12 price per square foot 2 Beds, 1 bath Model at Le Sherbrooke in the in the Ville Marie Westmount neighborhood starting from $2,397. The second greatest value Montréal apartment is the 2 Beds, 1 Baths Model at Place Cavendish Apartments starting at $1,725 with a $1.59 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.
Le Sherbrooke2 Beds, 1 bath2BR,1BA$1.12
Place Cavendish Apartments2 Beds, 1 Baths2BR,1BA$1.59
PH 1 - 3 Garden2 Bedroom2BR,1BA$1.59
6525 de la Cote-Saint-Luc2 Beds, 1 Baths2BR,1BA$1.30
5915 Décarie2 Bedroom2BR,1BA$1.65
5943 Hamilton Rue2 Bedroom2BR,1BA$1.58
Villa Saint-Jean1 Bedroom, 1 Bathroom1BR,1BA$1.52
2775 De Kent AvOne Bedroom1BR,1BA$1.62
Palay4 bedroom x 2 bathroom4BR,2BA$1.35
5475 Westminster Av1 Bedroom1BR,1BA$1.57

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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!

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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 $985.

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 $3,659.

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 10 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 $276 which is $3,383 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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.