Cheap Apartments for Rent in Montréal, QC from C$500 (169 Rentals)

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

property at 3580 Av. Lorne

3580 Av. Lorne

MontréalQCH2X 2A7
property at 2250 Rue Guy

2250 Rue Guy

MontréalQCH3H 2M3

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: 03/06/2025

Current apartment rentals in the Montréal, QC area range in price from C$900 to C$10,000 with an overall median price of C$3,057. The three Montréal neighborhoods with the lowest median rent pricing are Sud Ouest Verdun at C$1,395, Plateau Rosemont at C$1,200, and Ahuntsic Saint Laurent at C$1,400. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Montréal Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sud Ouest VerdunC$1,395C$1,3955
Plateau RosemontC$2,390C$1,2003515
Ahuntsic Saint LaurentC$2,600C$1,4001171
Décarie OutremontC$3,430C$9753982
Hochelaga MercierC$3,540C$930398
Ville Marie WestmountC$4,990C$90017149

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 Laurentides Lanaudière neighborhood priced from C$599. Le Côte Sainte-Catherine in the Laurentides Lanaudière neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$995. Here is today’s list of the most affordable Montréal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parc Cite1x1 Standard1BR,1BAC$599
Le Côte Sainte-Catherine0 Beds, 1 BathsStudio,1BAC$995
Hi-Rise 4StudioStudio,1BAC$999
Benny Crescent Apartments0 Beds, 1 BathsStudio,1BAC$1,120
Domaine Bellerive Apartments0 Beds, 1 BathsStudio,1BAC$1,125
Place Cavendish Apartments0 Beds, 1 BathsStudio,1BAC$1,195
Habitat 2500 Apartments0 Beds, 1 BathsStudio,1BAC$1,195
Place Du Boulevard Apartments0 Beds, 1 BathsStudio,1BAC$1,195
Square WilliamStudio, 1 bathStudio,1BAC$1,200
Le ChatelBachelor (1.5)Studio,1BAC$1,200

Best Value Apartments for Rent in Montréal, QC

As of March 06, 2025 the best value apartment in the Montréal area is the C$1.39 price per square foot 3 Bedroom Townhouse Model at PH 2 - TH River in the starting from C$2,649. The second greatest value Montréal apartment is the 2 Bedroom 2 Bath Model at 5999 Monkland starting at C$2,025 with a C$1.93 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.
PH 2 - TH River3 Bedroom Townhouse3BR,2BAC$1.39
5999 Monkland2 Bedroom 2 Bath2BR,2BAC$1.93
Habitation St-Laurent4 1/22BR,2BAC$1.83
The Topaz1 Beds, 1 Baths1BR,1BAC$1.82
The Portneuf Apartments2 Beds, 1 Baths2BR,1BAC$1.87
6950 Fielding6950 Fielding - Plan F1BR,1BAC$1.93
PH 3 - 3 Walk-up2 Bedroom2BR,1BAC$1.90
PH 1 - 41 Bedroom Premium1BR,1BAC$1.92
Le Monteverdi1 Bedroom(s) and 1 Bathroom(s)1BR,1BAC$1.96
PH 2 - 61 Bedroom1BR,1BAC$1.83

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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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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 Le Côte Sainte-Catherine listed at C$995.

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$1,455 at Domaine Bellerive Apartments.

What is the most affordable Montréal Three Bedroom Apartment?

The best deal on a cheap Montréal Three Bedroom Apartment rental is at Port de Mer and starts from C$1,890.

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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