Montréal

Major city · Quebec · Population 1,762,949

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Housing and jobs

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

Affordability

18 · Poor

Average monthly rent$969/month

QC: $886/month · Canada: $1,209/month · 2006: $840/month · 2016: $921/month (in 2021 dollars) · Statistics Canada, 2021

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

Metro area average · CMHC, 2025

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

Metro area average · CMHC, 2025

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

Metro area average · CMHC, 2025

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

Metro area average · CMHC, 2025

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

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$500,000

QC: $300,000 · Canada: $472,000 · 2016: $419,527 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing24.2%

QC: 16.1% · Canada: 20.9% · 2006: 32.8% · 2016: 30.8% · Statistics Canada, 2021

Economy

42 · Average

Median household income$63,600

QC: $72,500 · Canada: $84,000 · 2006: $48,912 · 2016: $54,353 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)3.4%

QC: 4.1% · Canada: 5.2% · 2016: 3.3% · Statistics Canada, 2021

Unemployment rate10.3%

QC: 7.6% · Canada: 10.3% · 2006: 9.2% · 2016: 9.3% · Statistics Canada, 2021