Cheap Apartments for Rent in Montréal, QC from C$500 (189 Rentals)

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

property at 461 Rue Rachel

461 Rue Rachel

MontréalQCH2J 2H1
property at 2205 Rue St Marc

2205 Rue St Marc

MontréalQCH3H 2G9
property at 3580 Av. Lorne

3580 Av. Lorne

MontréalQCH2X 2A7
property at 6965 Briand Rue

6965 Briand Rue

MontréalQCH4E 3L7
property at 2250 Rue Guy

2250 Rue Guy

MontréalQCH3H 2M3
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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: 04/12/2025

Current apartment rentals in the Montréal, QC area range in price from C$930 to C$10,000 with an overall median price of C$3,547. The three Montréal neighborhoods with the lowest median rent pricing are Ahuntsic Saint Laurent at C$1,285, Hochelaga Mercier at C$930, and Décarie Outremont at C$1,100. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Montréal Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Ahuntsic Saint LaurentC$2,600C$1,28510
Hochelaga MercierC$2,965C$9308
Décarie OutremontC$3,500C$1,10051
Plateau RosemontC$3,750C$1,07587
Sud Ouest VerdunC$4,135C$1,17028
Ville Marie WestmountC$4,333C$1,010187

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 C$599. PH 3 - 3 Walk-up has the second lowest priced unit, which is a Studio apartment currently listed from C$1,079. Here is today’s list of the most affordable Montréal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parc Cite1x1 Standard1BR,1BAC$599
PH 3 - 3 Walk-upStudioStudio,1BAC$1,079
PH 4 - 4StudioStudio,1BAC$1,099
Benny Crescent Apartments0 Beds, 1 BathsStudio,1BAC$1,115
Domaine Bellerive Apartments0 Beds, 1 BathsStudio,1BAC$1,125
Place Cavendish Apartments0 Beds, 1 BathsStudio,1BAC$1,180
Habitat 2500 Apartments0 Beds, 1 BathsStudio,1BAC$1,195
1180 Rue Du FortStudio (1240/1250)Studio,1BAC$1,200
Square WilliamStudio, 1 bathStudio,1BAC$1,200

Best Value Apartments for Rent in Montréal, QC

As of April 12, 2025 the best value apartment in the Montréal area is the C$1.52 price per square foot Townhouse Model at UNIVERT LaSalle in the starting from C$3,950. The second greatest value Montréal apartment is the 2-Bedroom #16 Model at Pickwick Arms starting at C$2,495 with a C$1.85 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.
UNIVERT LaSalleTownhouse3BR,3BAC$1.52
Pickwick Arms2-Bedroom #162BR,1BAC$1.85
Les Tours Lakeshore2 Bedroom(s) and 1 Bathroom(s)2BR,1BAC$1.59
Sunnybrooke2 Beds, 1 Baths2BR,1BAC$1.84
Hi-Rise 21 Bedroom1BR,1BAC$1.94
Hi-Rise 31 Bedroom1BR,1BAC$1.94
PH 1 - 41 Bedroom Premium1BR,1BAC$1.86
Le Monteverdi1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$1.87
6250 Lennox Av3 1/21BR,1BAC$1.82
49 65e Avenue, Unit LaSalle 3½49 65e Avenue1BR,1BAC$1.78

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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!

Explore Montréal, QC Rentals by Map

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See the most popular apartments and homes in Montréal, QC

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Frequently Asked Questions about Cheap Montréal Apartments

What is the Cheapest Studio apartment in Montréal?

Currently the most affordable Cheap Studio Apartment in Montréal is at PH 3 - 3 Walk-up listed at C$1,079.

How much is rent for a Cheap One Bedroom Montréal Apartment?

The lowest price for a Cheap One Bedroom Montréal Apartment is C$599 at Parc Cite.

What is the lowest price for a Cheap Two Bedroom Montréal Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montréal is starting from C$1,350 at 1125 Rue Galt.

What is the most affordable Montréal Three Bedroom Apartment?

The best deal on a cheap Montréal Three Bedroom Apartment rental is at Erin Condos Apartments and starts from C$1,690.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.