Rental Prices are falling in Montreal
I see alot of people asking if their rental price is fair when it comes to renewal around Montreal.
I wanted to share some data with my fellow Redditors.
I don't work in real estate and I'm not promoting any one company, but I enjoy following the market and I listen to podcasts every week to stay informed.
The next time your landlord freezes the rent or tries to increase it come renewal, consider the following:
1 - rental $ are falling in Montreal - in some cases/areas, they're down over 4% year over year. Check out the April 2026 rentals. ca report to see for yourself https://rentals.ca/blog/rentals-ca-april-2026-rent-report
2 - don't listen to Statscan or CMHC about rental pricing in Canada - their data is always behind and they have a really strange way of collecting rental data. It's never accurate.
3 - you're probably asking yourself the question "why did my landlord not increase my rent this year?" Well, that's because rents are falling. If your landlord froze the rent at renewal, he/she is probably not just being a nice guy/girl . It's because they know it's probably a higher $ than if they put the unit back on the market.
4 - why are rents falling? there's a bunch of reasons, but here are a few. One is they're building alot of purpose-built apartments (increasing supply), and the other is that immigration has fallen off of a cliff. Supply and demand - fewer people to fill more apartments. Which results in rent decreases.
What I'm getting at :
if your landlord doesn't apply a rental increase this year, be VERY suspicious. You can most likely negotiate them down, because they'll get less $ if they put the unit back on the market.
Hope this helps!