Guides It is important to compare average rent prices with the cost-of-living in each city By Jonathan Russell 03 Oct. 2022 Not ready to buy? There are still plenty of great places to rent in this country, whether you are ready to leave the more expensive rental markets or you’re able to work remotely. Here are the 10 most affordable places to rent in Canada in 2022.Montreal, Quebec Montreal, Quebec, is the major centre in Canada that currently offers the cheapest rent. It is also the city where the rent has increased the least year over year (0.7%). The one-bedroom median rent price in Montreal is under $1,400 and you can find one-bedrooms for as low as $600.One of the reasons Montreal’s rent is so low is that there are more than enough apartments available compared to other major centres in Canada (such as Toronto and Vancouver, for instance). This excess in supply, coupled with the low cost-of-living in Montreal and government subsidies available for renters, make this city one of t...
