Cheap New Apartments for Rent in Montréal, QC from $500 (72 Rentals)

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Gramercy Residences
$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.

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 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $2,500

Total Monthly Price
$1,450 - $2,500
Built in 2026Studio to 3 Bedroom Apartments Contact Us For Availability

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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  • 3D Tour
  • Smoke Free
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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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  • 3D Tour

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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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
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  • Smoke Free
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Edison
Rent Specials
$1,500 - $3,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $3,700

Total Monthly Price
$1,500 - $3,700
Built in 2025Studio to 3 Bedroom Apartments Available Now

Edison

1133 Viger Av EMontréal, QC H2L 0E1
Furnished
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  • Utilities Included
  • 3D Tour
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5285 Beaconsfield Av
$900 - $1,600Built in 2016Studio to 2 Bedroom Apartments

5285 Beaconsfield Av

5285 Beaconsfield AvMontréal, QC H3X 3R9
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12004 Notre-Dame E Rue
$945 - $1,485Built in 2025Studio to 3 Bedroom Apartments

12004 Notre-Dame E Rue

12004 Notre-Dame E RueMontréal, QC H1B 4C1
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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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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 - $3,244Built in 2025Studio to 4 Bedroom Apartments

6037 De Maisonneuve Boul O

6037 De Maisonneuve Boul OMontréal, QC H4A 0B5
  • Smoke Free

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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Le Sherbrooke East
$1,250 - $1,500Built in 2023Studio to 1 Bedroom Apartments

Le Sherbrooke East

9355 Sherbrooke Rue EMontréal, QC H1L 0C1
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3405 Benny
$1,250 - $1,850Built in 2016Studio to 2 Bedroom Apartments

3405 Benny

3405 Benny AvMontréal, QC H4B 0A4
  • Smoke Free
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4974 Place de la Savane
$1,252 - $1,650Built in 2016Studio to 2 Bedroom Apartments

4974 Place de la Savane

4974 de la SavaneMontréal, QC H4P
  • Utilities Included
  • Smoke Free
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5050 De L'assomption Boul
$1,275 - $2,820Built in 2024Studio to 3 Bedroom Apartments

5050 De L'assomption Boul

5050 De L'assomption BoulMontréal, QC H1T 0A5
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Équinoxe Bois-Franc
$1,290 - $3,350Built in 2026Studio to 3 Bedroom Apartments

Équinoxe Bois-Franc

5375 Henri Bourassa Blvd OMontréal, QC H4R 1C1
  • Utilities Included
  • Smoke Free
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Grâce Rentals
$1,350 - $3,605Built in 2025Studio to 4 Bedroom Apartments

Grâce Rentals

5775 De Maisonneuve Boul OMontréal, QC H4A 2A1
Furnished
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Le Lowney 5-6-7
$1,350 - $1,470Built in 2022Studio to 2 Bedroom Apartments

Le Lowney 5-6-7

950 Notre-Dame Rue OMontréal, QC H3C 0K3
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6250 Lennox Av
$1,350 - $2,529Built in 20191 to 2 Bedroom Apartments

6250 Lennox Av

6250 Lennox AvMontréal, QC H3S 0A4
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9510 Notre-Dame Rue E
$1,375 - $1,930Built in 20251 to 2 Bedroom Apartments

9510 Notre-Dame Rue E

9510 Notre-Dame Rue EMontréal, QC H1L 3P3
  • Utilities Included
  • Smoke Free
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1421 Av. Argyle
$1,395 - $2,200Built in 2020Studio to 2 Bedroom Apartments

1421 Av. Argyle

1421 Argyle AvMontréal, QC H3G 1V5
Furnished
  • Utilities Included

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.

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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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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.