Cheap New Apartments for Rent in Montréal, QC from $400 (97 Rentals)

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

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Gramercy Residences
Rent Specials
$1,200 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $2,650
Total Monthly Price
$1,200 - $2,650
Built in 2023Studio to 2 Bedroom Apartments Available Now

Gramercy Residences

1950 Sherbrooke OMontréal, QC H3H 1E3
Eco-Friendly
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  • Utilities Included
  • 3D Tour

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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Haleco
Rent Specials
$1,395 - $3,441Built in 2024Studio to 2 Bedroom Apartments Available Now

Haleco

997 De La Commune Rue OMontréal, QC H2L 0B9
Affordability
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  • Utilities Included
  • 3D Tour
property at 9409 Larose Av

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

9409 Larose Av

MontréalQCH1Z 3A9

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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1845 des Cèdres
Rent Specials
$1,450 - $2,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $2,600
Total Monthly Price
$1,450 - $2,600
Built in 2026Studio to 3 Bedroom Apartments Available Jul 1

1845 des Cèdres

1845 Du Liban RueMontréal, QC H4N 2V7
Eco-Friendly
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Skyla
$1,490 - $12,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,490 - $12,000
Total Monthly Price
$1,490 - $12,000
Built in 2026Studio to 3 Bedroom Apartments Available Now

Skyla

900 Saint-Jacques RueMontréal, QC H3C 1A5
Furnished
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Odea Montreal
$1,496 - $4,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,496 - $4,345
Total Monthly Price
$1,496 - $4,345
Built in 2024Studio to 3 Bedroom Apartments Available Now

Odea Montreal

245 Robert-Bourassa BoulMontréal, QC H3C 2M2
Luxury
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Mellem Ville-Marie
Rent Specials
$1,500 - $3,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $3,500
Total Monthly Price
$1,500 - $3,500
Built in 2024Studio to 3 Bedroom Apartments Available Now

Mellem Ville-Marie

2812 Ontario Rue EMontréal, QC H2K 0E4
Family Friendly
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  • Smoke Free

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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Encore
Rent Specials
$1,575 - $3,750Built in 2018Studio to 2 Bedroom Apartments Available Now

Encore

400 René-Lévesque Boul OMontréal, QC H2Z 1V5
Furnished
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  • Utilities Included
  • 3D Tour

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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7070 Chem. de la Côte St Luc
$1,050 - $1,800Built in 2016Studio to 3 Bedroom Apartments

7070 Chem. de la Côte St Luc

7070 de la Côte-Saint-LucMontréal, QC H4V 1J4
  • Utilities Included
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ÉQUINOXE Bois-Franc - Phase 1
$1,090 - $3,350Built in 2026Studio to 3 Bedroom Apartments

ÉQUINOXE Bois-Franc - Phase 1

5375 Henri Bourassa Blvd OMontréal, QC H4R 1C1
  • Utilities Included
  • Smoke Free
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Le 3280 Cavendish
$1,135 - $1,849Built in 2016Studio to 2 Bedroom Apartments

Le 3280 Cavendish

3280-3300 Cavendish BoulMontréal, QC H4B 2M7
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Le 5555 Trent
$1,140 - $1,690Built in 2025Studio to 1 Bedroom Apartments

Le 5555 Trent

5555 Trent AvMontréal, QC H4W 2V6
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6037 De Maisonneuve Boul O
$1,215 - $2,626Built in 2026Studio to 4 Bedroom Apartments

6037 De Maisonneuve Boul O

6037 De Maisonneuve Boul OMontréal, QC H4A 0B5
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4974 Place de la Savane
$1,229 - $1,699Built in 2016Studio to 2 Bedroom Apartments

4974 Place de la Savane

4974 de la SavaneMontréal, QC H4P
  • Utilities Included
  • Smoke Free

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

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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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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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 $995.

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 $3,592.

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 25 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 $549 which is $3,043 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 Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.