The average asking price for rental units in Montreal increased by nearly 71 percent between 2019 and the first quarter of this year, according to Statistics Canada.
The average asking rent for a two-bedroom unit in Montreal was $1,130 in 2019, which increased by 70.8 percent to $1,930 by the first quarter of 2025, according to a quarterly report released by StatCan on June 25 in collaboration with the Canada Mortgage and Housing Corporation.
