Each year, the CMHC (Canada Mortgage and Housing Corporation) releases its predictions on the state of the housing market. And if you’re a renter, these numbers aren’t just abstract stats—they offer a real glimpse into what your housing expenses might look like in the coming months. Here’s what we can take away for 2025.
Rising Rents… But Why?
The key factor driving rent increases is the extremely low vacancy rate across the country. In simple terms, there are very few units available, and a whole lot of people looking. This scarcity puts upward pressure on prices. It’s not a new trend, but it’s expected to persist—and possibly intensify—throughout 2025.
Average Rent Predictions in Quebec
According to CMHC, here are the projected average rents for a two-bedroom apartment in 2025:
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Montreal: $1,230
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Quebec City: $1,200
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Gatineau: $1,431
Gatineau stands out with higher rents, partly due to its proximity to Ottawa and the steady growth of its tenant population. It’s the kind of combo that makes prices climb faster than the last bag of chips in a vending machine!
What About the Rest of Canada?
Think rents in Quebec are high? Take a look at other major Canadian cities:
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Halifax: $1,740
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Toronto: $2,000
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Winnipeg: $1,570
If you’re thinking of moving out of Quebec this year, knowing the average prices in other cities is super useful. One thing’s for sure: Quebec’s not doing great, but when you compare, it could definitely be worse!
In Summary
Understanding market dynamics—like the low vacancy rate—will help you better navigate the rental reality of 2025. And if you’re hunting for a new place to call home, being well-informed is your best asset (along with a little luck and some lightning-fast reflexes on your Kangalou alerts!).
Want to dig deeper? Don’t hesitate to check out the full CMHC report!
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