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Montreal rent up 71 per cent since 2019: Statistics Canada

Montreal rent up 71 per cent since 2019: Statistics Canada

The average cost of rent in Montreal has increased by nearly 71 per cent since 2019, according to a rent report released by Statistics Canada.

Quinn Patrick, True North
Jun 29, 2025
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Montreal rent up 71 per cent since 2019: Statistics Canada
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Source: Wikimedia Commons

The average cost of rent in Montreal has increased by nearly 71 per cent since 2019, according to a rent report released by Statistics Canada. However, Vancouver remains the most expensive place to live in Canada.

The agency released its quarterly rent statistics on Wednesday, which found the average asking rent for a two-bedroom apartment in Canada’s second-largest city has shot up from $1,130 to $1,930 from 2019 to the first quarter of this year.

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