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From 2019 to 2025: a 71% leap in the rent price in Montreal

Nevertheless,

2019 2025: 71% leap rent new: However,

2019 2025: 71% leap rent:

If the average price of a 4 1⁄2 was located at $ 1130 in 2019 in Montreal. Therefore, prices are now at $ 1930, reports new data published by Statistics Canada. Furthermore, This is a leap of almost 71%.

• Read also: Is it advantageous to rent or buy your accommodation?

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Statistics Canada. in partnership with the Canadian Mortgage and Housing Company (SCHL), has collected data from many Canadian cities and Montreal is held at the top of the list when it comes to 2019 2025: 71% leap rent new increasing rent prices from 2019 to 2025.

For 2019 2025: 71% leap rent their part. the cities of Vancouver and Toronto, which display the most expensive rents in the country, have experienced more moderate increases.

The average rent requested for a 4 1⁄2 in Vancouver increased from $ 2490 to $ 3170 between 2019 and 2025, representing an increase of 27.3%.

For its part, a current average rent in Toronto is displayed at $ 2,690 compared to $ 2560 in 2019, totaling an increase of 5%.

Renting prices up elsewhere in Quebec

It’s not just the city of Montreal. which has experienced strong increases in recent years. The cities of Sherbrooke and Drummondville have not been spared, with rent prices which doubled from 2019 to 2025.

In Sherbrooke, the average requested rents for two -room apartments were $ 660 in 2019 while they are now $ 1,250.

On the side 2019 2025: 71% leap rent new of the city of Drummondville, the 4 1⁄2 went from $ 600 to 2019 2025: 71% leap rent $ 1,200 on average.

More than $ 1000 to live in a roommate?

Several tenants turn to the rental of individual rooms for more affordable prices when it comes to accommodation.

Statistics Canada reveals that the highest rooms of rooms can be found in British Columbia. In Vancouver. the average price is at $ 1070 while the tenants pay $ 970 for a room in the cities of Kelowna and Victoria.

In Quebec, the rents requested average for a room were the lowest, especially in Saguenay ($ 480), in Sherbrooke ($ 500), and Trois-Rivières ($ 510).

2019 2025: 71% leap rent new

2019 2025: 71% leap rent

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abigail.wright
abigail.wright
Abigail covers health and lifestyle topics, emphasizing the importance of fitness, nutrition, and mental well-being for a holistic approach to life.
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