Primary Rental Market
Summary Statistics

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Quebec — Historical Rental Market Statistics Summary

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
1990 October 5.7 a ** 433 a 410 a ** 663,506
1991 October 7.1 a ** 447 a 425 a 2.8 a 667,940
1992 October 7.5 a ** 454 a 435 a 2.3 a 669,211
1993 October 7.3 a ** 455 a 435 a 0.6 a 670,606
1994 October 6.9 a ** 454 a 435 a 0.3 b 670,176
1995 October 6.3 a ** 463 a 445 a 1.1 a 670,604
1996 October 6.0 a ** 461 a 440 a 1.0 a 671,783
1997 October 6.3 a ** 462 a 440 a 0.7 a 674,174
1998 October 5.3 a ** 469 a 450 a 0.6 a 675,144
1999 October 3.8 a ** 477 a 450 a 1.6 b 676,343
2000 October 2.2 a ** 482 a 450 a 2.3 a 678,715
2001 October 1.3 a ** 500 a 465 a 3.8 a 680,838
2002 October 1.2 a ** 522 a 480 a 4.4 a 686,680
2003 October 1.3 a ** 540 a 500 a 4.1 a 705,361
2004 October 1.7 a ** 558 a 520 a 3.3 a 706,749
2005 October 2.0 a 2.4 a 575 a 540 a 2.8 a 709,644
2006 October 2.5 a 3.0 a 589 a 550 a 2.7 a 716,200
2007 October 2.6 a 3.2 a 601 a 565 a 2.5 a 715,451
2008 October 2.2 a 2.8 a 611 a 580 a 2.1 a 674,746
2009 October 2.4 a 3.1 a 623 a 600 a 2.8 a 680,866
2010 October 2.7 a 3.2 a 648 a 610 a 3.0 a 682,761
2011 October 2.6 a 3.1 a 666 a 629 a 2.6 a 686,540
2012 October 3.0 a 3.5 a 663 a 625 a 0.7 a 698,485
2013 October 3.1 a 3.6 a 679 a 645 a 1.6 a 756,667
2014 October 3.7 a 4.1 a 691 a 650 a 2.0 a 791,402
2015 October 4.3 a 4.7 a 712 a 665 a 1.6 a 811,512
2016 October 4.4 a 5.0 a 727 a 675 a 1.5 a 838,810
2017 October 3.4 a ** 736 a 693 a 1.9 a 841,080
2018 October 2.3 a ** 761 a 705 a 2.2 a 858,948
2019 October 1.8 a ** 800 a 745 a 3.2 a 869,563
2020 October 2.4 a ** 845 a 773 a 3.7 a 890,538
2021 October 2.5 a ** 874 a 800 a 3.6 a 908,711
2022 October 1.7 a ** 952 a 860 a 5.1 a 927,373
2023 October 1.3 a ** 1,022 a 939 a 7.4 a 951,311
2024 October 1.8 a ** 1,119 a 990 a 6.4 a 988,868
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).
Source: CMHC Rental Market Survey (opens in new window)