Loyola

Neighbourhood in Montréal · Quebec · Population 26,607

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Housing and jobs

Housing costs, rents, incomes and jobs in Loyola, with comparisons and sources.

Affordability

44 · Average

Average monthly rent$930/month

Montréal: $969/month · Canada: $1,209/month · 2006: $842/month (estimated) · 2016: $888/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,005/month

City-wide figure for Montréal · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,131/month

City-wide figure for Montréal · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,346/month

City-wide figure for Montréal · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,625/month

City-wide figure for Montréal · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.3%

City-wide figure for Montréal · CMHC, 2025

Median dwelling value (owner-estimated)$670,843

Montréal: $500,000 · Canada: $472,000 · Estimated · 2016: $523,020 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing25.2%

Montréal: 24.2% · Canada: 20.9% · 2006: 33.2% (estimated) · 2016: 31.2% (estimated) · Statistics Canada, 2021

Economy

35 · Below average

Median household income$65,334

Montréal: $63,600 · Canada: $84,000 · Estimated · 2006: $52,010 (estimated) · 2016: $57,957 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)3.4%

Canada: 5.2% · City-wide figure for Montréal · Statistics Canada, 2021

Unemployment rate10.8%

Montréal: 10.3% · Canada: 10.3% · 2006: 9.9% (estimated) · 2016: 10.1% (estimated) · Statistics Canada, 2021