<img src="https://www.mtlblog.com/media-library/row-of-brick-houses-in-westmount-quebec-illustrative.jpg?id=54888619&width=1200&height=800&coordinates=0%2C0%2C0%2C1"/><br/><br/><p> Montreal's rental market continues to be one of the <a href="https://www.mtlblog.com/how-much-to-afford-average-rent-montreal-vs-canadian-cities" target="_blank" rel="noopener">more affordable options among major Canadian cities</a>, but don't be fooled — prices still vary widely depending on the neighbourhood. If you're planning a move or are just curious about how much rent is setting people back in Montreal, we've got the latest numbers for you.
</p><p> While <a href="https://www.mtlblog.com/montreal-rent-rising-as-canadian-rent-drops" target="_blank" rel="noopener">rent across Canada is actually on the decline</a> lately for the first time in years, Montreal seems to have missed the memo. According to the November 2024 rent report from <a href="https://liv.rent/blog/featured/november-2024-montreal-rent-report/" target="_blank" rel="noopener">real estate platform liv.rent</a>, the average rent for an unfurnished 3½ — or one-bedroom apartment — across Montreal is $1,729 per month. That's a $14 dip from last month, but still $142 higher than this time last year.
</p><p> The priciest area No surprise here: Westmount tops the list with rents averaging $2,021. On the other end of the spectrum, Ahuntsic-Cartierville is the most budget-friendly spot, with an average rent of $1,481 — a whopping $540 difference.
</p><p> Following the <a href="https://www.canada.ca/en/financial-consumer-agency/services/renting-first-apartment.html" target="_blank" rel="noopener">Government of Canada's recommendation</a> that your rent should take up no more than 35% of your gross income, you'd need to earn nearly $70,000 per year to afford an average one-bedroom in Westmount. But if you're wondering how far your salary can take you in other parts of Montreal, we've got you covered.
</p><p> Here's a neighbourhood-by-neighbourhood breakdown of what you'd need to earn annually to comfortably afford an average 3½ in Montreal.
</p><h2>Montreal rental breakdown</h2><p> Here's how much it costs to rent an average unfurnished one-bedroom in November 2024, along with the minimum salary needed to stay within budget:
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<li><strong>Westmount:</strong> $2,021 average rent; $69,291 minimum salary</li>
<li><strong>Verdun:</strong> $1,973 average rent; $67,646 minimum salary</li>
<li><strong>Saint-Henri:</strong> $1,943 average rent; $66,617 minimum salary</li>
<li><strong>Downtown:</strong> $1,922 average rent; $65,897 minimum salary</li>
<li><strong>Plateau-Mont-Royal:</strong> $1,844 average rent; $63,223 minimum salary</li>
<li><strong>Hochelaga-Maisonneuve:</strong> $1,599 average rent; $54,823 minimum salary</li>
<li><strong>Notre-Dame-de-Grâce/Côte-des-Neiges:</strong> $1,529 average rent; $52,423 minimum salary</li>
<li><strong>Saint-Laurent:</strong> $1,497 average rent; $51,326 minimum salary</li>
<li><strong>Villeray-Parc-Extension:</strong> $1,485 average rent; $50,914 minimum salary</li>
<li><strong>Ahuntsic-Cartierville:</strong> $1,481 average rent; $50,777 minimum salary</li>
</ul><h2>What it means for you</h2><p>If you're dreaming of living in Westmount, you'll need to earn close to $70,000 a year to comfortably afford an average one-bedroom. But there are plenty of more affordable options in areas like Ahuntsic-Cartierville or Villeray-Parc-Extension, where the cost of living is significantly lower.</p><p>Interestingly, this month's report also revealed that rents for furnished and unfurnished one-bedroom apartments in Montreal have levelled out at the same average price of $1,729. That's a rare balance, so if you're on the hunt for a furnished unit, now might be a good time to jump in.</p><p>For those looking for even cheaper rents, keep an eye on Hochelaga-Maisonneuve or the combined Notre-Dame-de-Grâce/Côte-des-Neiges area, where rents have been dropping the most.</p><p>Whether you're staying put or considering a move, November's numbers show that while rents are creeping up compared to last year, there are still budget-friendly options for every kind of renter. Just be sure to calculate your budget wisely before signing that lease!</p><p>And if you're interested in two- or three-bedroom or furnished rental averages across these regions, <a href="https://liv.rent/blog/featured/november-2024-montreal-rent-report/" target="_blank" rel="noopener">liv.rent's November Rent Report</a> has the latest numbers for those as well.
</p><p>
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<em>AI tools may have been used to support the creation or distribution of this content; however, it has been carefully edited and fact-checked by a member of MTL Blog's Editorial team. For more information on our use of AI, please visit our <a href="https://www.mtlblog.com/editorial-standards" target="_blank" rel="noopener">Editorial Standards page</a>.</em>
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<img src="https://www.mtlblog.com/media-library/an-indoor-water-park-right-a-generated-photo-of-morea-water-park.jpg?id=60555115&width=1200&height=600&coordinates=0%2C39%2C0%2C39"/><br/><br/><p>In case you haven't heard, Quebec will soon get its own version of a tropical resort — and it's coming with waterslides, Polynesian cabanas, hotels, and even a 1,500-seat theatre.</p><p><span></span>Meet <a href="https://www.mtlblog.com/indoor-waterpark-mirabel-quebec-name" target="_blank">Mōrea Parc Aquatique</a>, the massive indoor water park slated to open in Cité Mirabel by 2028. With over $175 million in private investment, the attraction is being designed as a full-on destination, not just a day trip.</p><p>Here's everything we know so far about what could become Quebec's most ambitious tourism project in a long time.</p><h3>What is Mōrea Parc Aquatique?</h3><br/><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/DGbnYU2pGaz/" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
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<a href="https://www.instagram.com/p/DGbnYU2pGaz/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a>
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</blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><p>Mōrea is a world-class indoor water park and entertainment complex inspired by the islands of French Polynesia. The project was <a href="https://www.mtlblog.com/moana-parc-aquatique-is-being-built-in-quebec-over-the-next-few-years" target="_blank">originally announced in 2021 as the MOANA Aquatics Centre</a><em><a href="https://www.mtlblog.com/moana-parc-aquatique-is-being-built-in-quebec-over-the-next-few-years">MOANA Aquatics Centre</a></em> but rebranded and relaunched after pandemic-related delays. Now, with construction expected to start in summer 2026, it's officially back on track.</p><h3>Where is it being built?</h3><br/><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/DHWydHipaz7/?img_index=1" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
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<a href="https://www.instagram.com/p/DHWydHipaz7/?img_index=1" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a>
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</blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><p>Mōrea is being built in Cité Mirabel, about 45 minutes north of Montreal, near exit 28 on Highway 15, along Chaumont Street.</p><h3>What will it include?</h3><br/><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/DI7DTg1xXDV/" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
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<a href="https://www.instagram.com/p/DI7DTg1xXDV/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a>
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</blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><ul><li>20+ water attractions, including a water roller coaster, indoor surf zone, lazy river, and interactive play areas</li><li>One top-secret slide teased as the "first of its kind on the planet"</li><li>An 11-storey parking facility</li><li><a href="https://www.mtlblog.com/water-park-quebec-mirabel-wave-pool" target="_blank">No wave pool</a> — a deliberate choice by developer Ray Junior Courtemanche, who says wave pools take up too much space, use excessive water, and increase the risk of injury</li><li>Two hotels connected by a sky bridge</li><li>Full spa and wellness centre</li><li>Restaurants, boutiques, and rooftop reception spaces</li><li>A 70,000-square-foot convention centre</li><li>A 1,500-seat theatre for shows and large events</li></ul><h3>Why the Disney comparison?</h3><br/><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/DHbYpyqOkig/" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
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<a href="https://www.instagram.com/p/DHbYpyqOkig/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a>
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</blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><p>Mōrea was initially announced in 2021 under the name "MOANA Aquatics Centre," which shares its name with Disney's 2016 animated film "Moana." However, the project was later rebranded to "Mōrea Parc Aquatique" to establish its own identity.</p><p>While it's not affiliated with Disney, the scale and vision behind Mōrea are reminiscent of major theme parks. With immersive theming, on-site lodging, a mascot, and entertainment venues, it's being billed as a full family-focused experience.</p><h3>When will it be open to the public?</h3><br/><img alt="An indoor water park." class="rm-shortcode" data-rm-shortcode-id="2f6c53aad97460f786834aa240199851" data-rm-shortcode-name="rebelmouse-image" id="b75a6" loading="lazy" src="https://www.mtlblog.com/media-library/an-indoor-water-park.jpg?id=60554280&width=980"/><p>The first phase, including the Polynesian-style water park and one hotel, is expected to open in 2028. More elements — like the convention centre and theatre — will follow.</p><h3>Why is it a big deal?</h3><br/><blockquote class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/DKIf0O4skio/" data-instgrm-version="4" style="background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:658px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);">
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<a href="https://www.instagram.com/p/DKIf0O4skio/" style=" color:#000; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none; word-wrap:break-word;" target="_top">See on Instagram</a>
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</blockquote><script async="" defer="" src="//platform.instagram.com/en_US/embeds.js"></script><ul><li>It may end up being the largest indoor water park ever built in Canada</li><li>The project is expected to create over 1,000 jobs</li><li>It's being billed as a year-round tourism anchor for the Laurentians</li></ul><div><br/></div><p><em>Love this? Check out our <a href="https://www.mtlblog.com/notices/" target="_blank">MTL Blog noticeboard</a> for details on jobs, benefits, travel info and more!</em></p>
<p><em>AI tools may have been used to support the creation or distribution of this content; however, it has been carefully edited and fact-checked by a member of MTL Blog's Editorial team. For more information on our use of AI, please visit our <a href="https://www.mtlblog.com/editorial-standards" target="_blank">Editorial Standards page</a>.</em></p>
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