Cheap New Apartments for Rent in Montréal, QC from $500 (53 Rentals)

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

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.

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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Finale Luxury Residences
$1,495 - $3,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $3,850

Total Monthly Price
$1,495 - $3,850
Built in 2024Studio to 2 Bedroom Apartments Available Now

Finale Luxury Residences

950 Saint-Antoine Rue OMontréal, QC H3C 1A8
Furnished
  • Verified
  • Utilities Included
  • 3D Tour
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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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Le 3280 Cavendish
$1,199 - $1,749Built in 2016Studio to 2 Bedroom Apartments

Le 3280 Cavendish

3280-3300 Cavendish BoulMontréal, QC H4B 2M7
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3405 Benny
$1,200Built in 2016Studio Apartments

3405 Benny

3405 Benny AvMontréal, QC H4B 0A4
  • Smoke Free
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4974 Place de la Savane
$1,225 - $1,799Built 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

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.

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Edison
$1,333 - $3,350Built in 2025Studio to 3 Bedroom Apartments

Edison

1133 Viger Av EMontréal, QC H2L 0E1
Furnished
  • Utilities Included
  • Smoke Free
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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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Le Lowney 5-6-7
$1,350 - $1,835Built in 2022Studio to 2 Bedroom Apartments

Le Lowney 5-6-7

950 Notre-Dame Rue OMontréal, QC H3C 0K3
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Citizia
$1,360 - $2,850Built in 2025Studio to 3 Bedroom Apartments

Citizia

2600 Cavendish BoulMontréal, QC H4B 2M7
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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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1200 Crescent
$1,395 - $2,650Built in 2020Studio to 2 Bedroom Apartments

1200 Crescent

1200 CrescentMontréal, QC H3G 0G5
Furnished
  • 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
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Vivre 1
$1,395 - $2,645
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,645

Total Monthly Price
$1,395 - $2,645
Built in 2021Studio to 3 Bedroom Apartments

Vivre 1

439 Thérèse-Lavoie-Roux AvMontréal, QC H2V 3Z4
  • Smoke Free
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7070 Chem. de la Côte St Luc
$1,400 - $1,800Built in 20161 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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Haleco
$1,449 - $3,441Built in 2024Studio to 2 Bedroom Apartments

Haleco

997 De La Commune Rue OMontréal, QC H2L 0B9
  • Utilities Included

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.

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Le Vittorio
$1,475 - $5,555Built in 2024Studio to 3 Bedroom Apartments

Le Vittorio

150 Du RueMontréal, QC H3C 2A1
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ELAN
$1,500 - $3,068Built in 2025Studio to 3 Bedroom Apartments

ELAN

5630 De Marseille RueMontréal, QC H1N 0G2
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Rosemont 1
$1,500 - $2,300Built in 2018Studio to 2 Bedroom Apartments

Rosemont 1

2542 Pierre PlMontréal, QC H1Y 0B6
  • 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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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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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 $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 $3,080.

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 30 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 $250 which is $2,830 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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.