The Cheapest Neighborhoods in Montreal in May 2025

Moving season is fast approaching, and finding affordable housing in Montreal is anything but easy.

However, there are still some neighborhoods where rents remain reasonable.

According to a recent study, here are the six most affordable neighborhoods for 2-bedroom apartments in Montreal

1. Montréal-Nord

In Montréal-Nord, a 3 1/2 apartment rents for an average of $1,258 per month, with prices ranging from $1,000 to $2,380.

Although this area benefits from a good bus network, the lack of a metro station makes commuting to the city center difficult.

2. Rivière-des-Prairies–Pointe-aux-Trembles

With an average rent of $1,372 per month for a 3 1/2, Rivière-des-Prairies–Pointe-aux-Trembles is Montreal's second most affordable borough.

However, the lack of a metro station in the area also complicates travel.

3. Ahuntsic-Cartierville

According to 45 listings, the average rent in Ahuntsic-Cartierville is $1,524 per month, with prices ranging from $950 to $1,900.

This neighborhood offers a good balance between accessibility and cost of living.

4. Villeray–Saint-Michel–Parc-Extension

This area is also among the most affordable, with competitive average rents and good access to public transportation.

5. Plateau-Mont-Royal

Although often perceived as a more expensive neighborhood, some areas of Plateau-Mont-Royal still offer affordable rents for 3 1/2-bedroom apartments.

6. Saint-Léonard

Saint-Léonard rounds out the list of least expensive neighborhoods, offering affordable housing options while being well served by public transportation.

Montreal Rent Statistics

The Montreal rental market is experiencing a steady rise in rents.

In 2025, the average rent for an apartment in Montreal will be $1,677.95 with an average surface area of ​​731.95 sq. ft.

This increase represents a 0.59% increase compared to the same period last year.

The average surface area of ​​available units is also down compared to last year.

Neighborhoods like Rosemont–La Petite-Patrie, despite being very popular, don't even appear in the ranking of the most affordable neighborhoods.

This shows that even in a city where rents can be high, it is still possible to find affordable options by looking in the right areas.

Although the rental market in Montreal may seem daunting, there are still neighborhoods where rents remain affordable.

If you are looking for a home in Montreal, you can find all current listings from all real estate brokers on our website iResidence.ca.