
Cheap New Apartments for Rent in Montréal, QC from $500 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in Montréal.


ILOT Apparts

Le Celtis

Total Monthly Price
Gramercy Residences

JACQUES Condos

Champlain

Joseph

5350 Victoria Av

Leora Condo Rentals Saint-Laurent

4820 de la Côte-Sainte-Catherine
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.

The Prince W

Elan – condos locatifs

The Quartz

Faubourg Lacordaire

170 René-Lévesque

5695 Saint-Jacques Rue

Anima

Haleco

Le George Apartments

Elora MTL
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.

SUMA – condos locatifs

Total Monthly Price
1845 des Cèdres

King Street Appartements

The Opal

Citizia – condos locatifs

Glo 2 - Ville-Marie Apartments

B&C Apartments Ville-Marie

DOMO Apartments

Total Monthly Price
Skyla

Total Monthly Price
Odea Montreal
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.

Le Saint-Michel

Le Livmore

Total Monthly Price
Mellem Ville-Marie

Savana sur le Parc

Total Monthly Price
Edison

5285 Beaconsfield Av

12004 Notre-Dame E Rue

7070 Chem. de la Côte St Luc

Le 5555 Trent

6037 De Maisonneuve Boul O
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.

Le Sherbrooke East

3405 Benny

4974 Place de la Savane

5050 De L'assomption Boul

Équinoxe Bois-Franc

Grâce Rentals

Le Lowney 5-6-7

6250 Lennox Av

9510 Notre-Dame Rue E

1421 Av. Argyle
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
How much does it cost to rent an apartment in Montréal?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montréal Studio Apartments | $1,440 | $200 | $3,229 |
| Montréal 1 Bedroom Apartments | $1,900 | $975 | $5,766 |
| Montréal 2 Bedroom Apartments | $2,362 | $1,099 | $10,000+ |
| Montréal 3 Bedroom Apartments | $3,368 | $650 | $10,000+ |
| Montréal 4 Bedroom Apartments | $5,442 | $700 | $10,000+ |
| Montréal 5 Bedroom Apartments | $3,310 | $600 | $4,995 |
| Montréal 6 Bedroom Apartments | $9,162 | $700 | $10,000+ |
Explore Montréal
Montréal, QC Local Guide
- Montréal Neighborhoods
- Nearby Cities
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montréal, QC Rentals by Map
See the most popular apartments and homes in Montréal, QC
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

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.

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.

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.

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.