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Montréal, QC
Full City Profile · Quebec
2.5
/5.0
C+
Fair
1,762,949
Population
12,519/sq mi density
$63,600
Median Income
$46,600 per capita
$500,000
Home Value
$870
Median Rent
24.2% income on rent
44°F
Avg Temperature
232 sunny days/yr
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$63,600 median income, 10.3% unemployment
C
Affordability
2.2 / 5.0
$500,000 home value, $870/mo rent
C+
Safety
2.5 / 5.0
C+
Education
2.6 / 5.0
20.3% bachelor's degree or higher
Housing Overview
Median Home Value
$500,000
77% above
US avg: $281,900
Median Rent
$870/mo
25% below
US avg: $1,163/mo
Homeownership Rate
36.4%
44% below US avg (65.4%)
Total Housing Units
816,355
Ownership vs. Renting
36.4%
Owner-Occupied
63.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
24.2%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Homeownership Rate
36.4%
Complete Housing Data
Home Values
| Census Median Value | $500,000 |
Rent
| Census Median Rent | $870 |
Market
Ownership & Stock
| Owner-Occupied | 36.4% |
| Renter-Occupied | 63.6% |
| Homeownership Rate | 36.4% |
| Total Housing Units | 816,355 |
| Rent Burden | 24.2% |