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Housing and jobs

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

Affordability

1 · Poor
Average monthly rent$1,848/month

QC: $886/month · Canada: $1,209/month · 2006: $1,607/month · 2016: $1,709/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)$1,800,000

QC: $300,000 · Canada: $472,000 · 2016: $1,324,134 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing32.2%

QC: 16.1% · Canada: 20.9% · 2006: 31% · 2016: 31.7% · Statistics Canada, 2021

Economy

35 · Below average
Median household income$117,000

QC: $72,500 · Canada: $84,000 · 2006: $101,746 · 2016: $108,380 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-3.2%

QC: 4.1% · Canada: 5.2% · 2016: 1.9% · Statistics Canada, 2021

Unemployment rate7.7%

QC: 7.6% · Canada: 10.3% · 2006: 5% · 2016: 5.9% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.