Outremont

Neighbourhood in Montréal · Quebec · Population 24,629

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Housing and jobs

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

Affordability

20 · Below average

Average monthly rent$1,472/month

Montréal: $969/month · Canada: $1,209/month · 2006: $1,215/month (estimated) · 2016: $1,364/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)$1,136,392

Montréal: $500,000 · Canada: $472,000 · Estimated · 2016: $910,986 (estimated) (in 2021 dollars) · Statistics Canada, 2021

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

Montréal: 24.2% · Canada: 20.9% · 2006: 30.3% (estimated) · 2016: 29.6% (estimated) · Statistics Canada, 2021

Economy

42 · Average

Median household income$118,189

Montréal: $63,600 · Canada: $84,000 · Estimated · 2006: $87,466 (estimated) · 2016: $109,191 (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 rate9.3%

Montréal: 10.3% · Canada: 10.3% · 2006: 5.1% (estimated) · 2016: 6.4% (estimated) · Statistics Canada, 2021