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Quebec Rental Market Data 2025–2026 | Average Rent & Vacancy Rates

Updated

Quebec rental market data

Quebec has some of the strongest tenant protections in Canada and, as a result, some of the lowest purpose-built rents. Montréal is the province’s dominant rental market — one of the three largest CMAs in Canada alongside Toronto and Vancouver.

In 2025, Quebec’s rental market eased significantly. Montréal’s vacancy rate jumped to 2.9% from 1.8% as immigration-driven demand cooled and new supply deliveries increased.

Data source: CMHC Rental Market Survey (October 2025), published December 2025. This is the most recent CMHC rental data available — the survey is conducted once per year every October. Next update expected December 2026.

Average rent by city (Quebec)

City 2BR Purpose-Built 2BR Asking Rent Vacancy Rate
Montréal ~$1,200 ~$2,050 2.9%
Québec City ~$1,100 ~$1,350 ~3.5%

The enormous gap between purpose-built and asking rents in Montréal illustrates the effect of Quebec’s tenant-protection system: long-term tenants pay well below market, while turnover units are repriced to current levels.

Quebec asking rents average approximately $1,350 for a 1-bedroom and $1,700 for a 2-bedroom across the province.

Quebec tenant protections

Quebec’s rental framework is administered by the Tribunal administratif du logement (TAL):

  • No fixed guideline percentage — The TAL publishes recommended adjustment ranges based on building expenses (heating costs, municipal taxes, insurance, maintenance)
  • Tenant can contest — If a tenant considers an increase excessive, they can apply to the TAL for a ruling within one month of receiving notice
  • Automatic lease renewal — Tenants have the right to stay and renew their lease; landlords cannot refuse renewal except in specific circumstances (personal use, major renovations, subdivision)
  • Assignment and subletting — Tenants can assign their lease to a new tenant, effectively transferring their below-market rate
  • New construction exemption — Buildings less than 5 years old were previously exempt from TAL recommendations, though this has been subject to legislative evolution
  • Lease transfer (cession de bail) — A distinctive Quebec feature that allows outgoing tenants to pass their lease to someone new, preserving below-market rents

Montréal CMA Vacancy Rate (2015–2025)

Montréal’s vacancy rate has been volatile, dropping to 1.5% during high-immigration years (2019, 2023) and rising when supply improves or demand cools.

Key market drivers

Immigration patterns: Quebec receives a large share of Canada’s immigrants and temporary foreign workers, driving rental demand — particularly in Montréal. The 2025 slowdown in immigration helped ease the market.

Strong tenant protections: Quebec’s lease-assignment system and TAL oversight keep in-place rents low but widen the gap with market rents, creating a two-tier system.

Student demand: Montréal’s universities (McGill, Université de Montréal, Concordia, UQAM) make it one of North America’s largest student cities, supporting rental demand.

Affordable relative to peers: Montréal’s affordability advantage over Toronto and Vancouver continues to attract domestic migrants and immigrants who might otherwise settle in Ontario or BC.

Quebec city rental market pages


Sources

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