How much do you pay in rent in montreal? (2014, apartments)

[lizardblizzard03]

Very curious about this. im in the mont royal plateau area and pay around 1k a month that includes everything, internet, electricity, water etc and its furnished. Its however a studio and very small. I know montreal is one of the lowest cost cities in canada but i read there are some places that cost even less.


Can someone tell me why rent is pretty low in montreal compared to vancouver/toronto? I read its b/c montreal is a poor artist city which mean most ppl have no jobs or low paying jobs which is the reason for this?


I like to know how much you living in montreal and living in either a studio or 1 bedroom are paying a month. And its it furnished or unfurnished?

[barneyg]

Originally Posted by lizardblizzard03

Can someone tell me why rent is pretty low in montreal compared to vancouver/toronto? I read its b/c montreal is a poor artist city which mean most ppl have no jobs or low paying jobs which is the reason for this?

I like to know how much you living in montreal and living in either a studio or 1 bedroom are paying a month. And its it furnished or unfurnished?

First, you don't live "in Montreal". You live on the Plateau, a hip neighborhood that's among the city's most expensive. If you want to know what others are paying you also need to know where they live, Ahuntsic or St-Michel or Verdun are going to be lower.

Here's a link for average rent for unfurnished 2-bedroom apartments throughout Canada:

http://www.cmhc-schl.gc.ca/odpub/esu...=1412020115232

I would say there are 2 reasons for lower rent in Montreal (and Quebec in general):

1) lower economic growth than most other places in the country in the past 20-30 years, which decreases demand for housing
2) strict year-to-year rent adjustment policies by the Régie du logement. basically, unless your landlord has made significant improvements to the property, he cannot legally increase the rent on an existing lease by more than inflation (2-3%). every rent increase must be justified, and since to some extent is discourages people from moving, it decreases the rent for new leases as well.

[weltschmerz]

I pay $630 to rent a small cottage with two bedrooms.

[DawnMTL]

It's all relative to where in Montreal you live, though. Not ALL places in Montreal are less expensive than ANY place in Toronto and Vancouver.

Before I left to live in the States, and this is going back to 2001, I lived in a one-bedroom apartment in Westmount. It was large (1000 sq. feet), had central air conditioning and indoor parking and a doorman, and was a lovely building. Back then, in 2001, it was costing me $1100 per month. Crazy, I know, but it was a beautiful place.

Now that I've moved back, that building is a condo. Some are for rent by the owners and a one-bedroom unit is around $3500 per month. Obviously I wasn't going to move back there -- I couldn't afford to. I'm now, more than 10 years later, paying $950 for a one-bedroom apartment (650 square feet this time, with no central air) and indoor parking. I'm not in Westmount anymore, either.

So, really, it depends where in Montreal you're living, what kind of building you're in. Just like Montreal's people are diverse, so are the living accommodations.