Primary Rental Market
Summary Statistics

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  1. Historical Time Periods
  2. Current Geography

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Montréal (V) — Historical Rental Market Statistics Summary

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
2002 October 0.8 a ** 551 a 500 a 5.6 b 361,876
2003 October 1.1 a ** 570 a 500 a 5.3 b 375,799
2004 October 1.7 a ** 583 a 530 a 2.9 a 374,361
2005 October 2.1 a 2.8 a 604 a 550 a 2.8 a 373,065
2006 October 3.0 a 3.5 a 604 a 560 a 2.7 a 348,646
2007 October 3.1 a 3.8 a 625 a 580 a 2.3 a 344,816
2008 October 2.5 a 3.1 a 634 a 600 a 2.1 a 328,758
2009 October 2.5 a 3.4 a 644 a 600 a 2.7 a 330,287
2010 October 2.7 a 3.1 a 673 a 630 a 3.6 b 329,790
2011 October 2.4 a 2.9 a 695 a 645 a 2.7 a 327,682
2012 October 2.8 a 3.3 a 685 a 635 a 0.7 b 329,961
2013 October 2.8 a 3.2 a 704 a 650 a 1.9 b 378,665
2014 October 3.5 b 4.1 a 714 a 655 a 2.3 a 404,843
2015 October 4.2 a 4.6 a 735 a 675 a 1.8 a 418,442
2016 October 4.0 a 4.7 a 755 a 688 a 1.8 a 420,357
2017 October 2.8 a ** 765 a 700 a 2.3 a 418,579
2018 October 1.9 a ** 795 a 735 a 2.6 a 423,361
2019 October 1.6 a ** 835 a 765 a 4.0 a 423,905
2020 October 3.2 b ** 882 a 800 a 4.6 a 426,103
2021 October 3.6 b ** 899 a 810 a 3.7 b 428,546
2022 October 2.2 b ** 972 a 895 a 5.3 b 430,592
2023 October 1.6 b ** 1,036 a 950 a 7.5 a 435,025
Notes:
  • The following letter codes are used to indicate the reliability of the estimates: a — Excellent, b — Very good, c — Good, d — Poor (Use with Caution))
  • ** — Data suppressed to protect confidentiality or data not statistically reliable
  • ++ — Change in rent is not statistically significant. This means that the change in rent is not statistically different than zero (0). (Applies only to % Change of Average Rent Tables).