Rent Prices Near McGill University: What to Expect
Renting near McGill University offers proximity to one of Canada’s top academic institutions, plus direct access to the cultural and social heart of Montreal. Whether you’re a student, young professional, or international newcomer, understanding the local rental market is essential before signing a lease.
In this guide, we’ll break down the 2025 rental landscape near McGill University, what to expect in terms of prices, and how to find an apartment that meets your needs and budget.
📍 Why Rent Near McGill?
Living close to McGill University means more than just a short walk to class. You’re in the middle of downtown Montreal, minutes from museums, cafés, shopping, and nightlife. Access to the Metro (McGill, Peel, and Place-des-Arts stations) and major bus lines makes it easy to get around the city.
You also benefit from:
A lively, student-friendly atmosphere
24/7 access to food, services, and entertainment
Proximity to libraries, gyms, and co-working spaces
Short commutes to internships, part-time jobs, or research labs
💰 Average Rent Prices Near McGill (2025)
Rental prices vary depending on location, building type, and included amenities. Below is an overview of average monthly rents:
🏠 Tip: Many of our properties are located in these areas, offering flexible leases, furnished and unfurnished options, and quick access to McGill’s campus.
🏙️ Milton-Parc: The Ultimate Student Hub
Distance to McGill: 2–10 minutes walk
This neighborhood is made up of historic walk-ups and modern apartment buildings. It’s popular with undergraduates, grad students, and international exchange students.
Pros:
Steps from campus
Affordable studios and shared units
Close to grocery stores, cafes, and student bars
Things to Watch For:
High demand = competitive listings
Smaller units and older buildings
Rental Price Highlights:
Shared apartments: ~$900–$1,200 per room
Studios: ~$1,200–$1,500
🌆 Downtown Montreal: For Convenience & Comfort
Distance to McGill: 5–15 minutes walk
Perfect for students who want a more polished living experience. You’ll find high-rise buildings with elevators, security, and on-site amenities.
Pros:
Easy access to campus, metro, and nightlife
Modern amenities (AC, gym, laundry in building)
Near offices and shopping for working professionals
Things to Watch For:
Slightly higher rent
Some buildings cater more to professionals than students
Rental Price Highlights:
Studios: ~$1,400–$1,800
1-bedroom: ~$1,800–$2,400
2-bedroom: ~$2,500–$3,400
🎨 Plateau-Mont-Royal: Artsy & Authentic
Distance to McGill: 15–25 minutes walk / 10–15 minutes by bike or bus
The Plateau is trendy, colorful, and full of life. It’s home to students, creatives, and young professionals who enjoy the atmosphere.
Pros:
Unique character, murals, and cafés
Larger apartments for roommates
Walkable lifestyle
Things to Watch For:
Longer commute
Many buildings are older with stairs only
Rental Price Highlights:
1-bedroom: ~$1,300–$1,900
2-bedroom: ~$1,750–$2,800
3-bedroom: ~$2,000–$3,600
🛏️ Furnished vs Unfurnished Apartments
Furnished units typically cost more—anywhere from 10% to 15% above the base rent. But they offer:
Move-in convenience (no need to buy or move furniture)
Shorter lease flexibility
Popular among international students
Unfurnished options offer long-term savings and more personalization.
🧾 What’s Usually Included in Rent?
Here’s what might be included in your rent:
✅ Heating (often included)
✅ Water
❌ Electricity (sometimes included)
❌ Internet (rarely included)
✅ Appliances (fridge, stove, sometimes washer/dryer)
Always confirm what’s included in your lease.
📆 Lease Timing & Availability
The rental market near McGill is seasonal. Here’s what to expect:
High Season (May–August): Most listings go live; prices are higher
Low Season (October–February): More negotiable rent, but fewer options
We recommend starting your apartment search 3–4 months before your ideal move-in date.
Looking for a place now? We rent apartments year-round and may have last-minute availabilities.
📢 Insider Tips for Renters Near McGill
Act fast: Good units go quickly, especially in Milton-Parc
Have documents ready: Proof of income, guarantor, ID, etc.
Clarify lease terms: Especially for short-term or sublets
Visit in person if possible: Photos don’t always tell the full story
🏡 Find Your Next Apartment Near McGill
We’re local property owners—not a platform or middleman. We offer apartments we personally manage, maintain, and stand behind. Our goal is to provide clean, comfortable, and convenient homes for students and young professionals in downtown Montreal.
👉 Reach out to us to see current availabilities or schedule a visit.
