Westmount’s Condo Rental Market in 2025: Trends, Prices, and What’s Changing

Westmount remains one of Montreal’s most sought-after neighborhoods, offering a mix of historic charm, modern conveniences, and excellent schools. Over the years, the rental market for Westmount condos has evolved due to rising property values, changing renter preferences, and economic factors. As we move into 2025, both renters and property owners are keeping a close eye on market trends.

Current Rental Market Trends

Westmount’s rental prices continue to be among the highest in Montreal. As of early 2025:

• A one-bedroom condo rents for about $1,950 per month.
• A two-bedroom unit rents for around $2,600 per month.

Over the past year, rental prices have remained relatively stable, but the market is shifting. New condo developments are increasing the number of available units, giving renters more options. However, high property values mean that renting is still a practical choice for many who are not ready to buy.

Key Factors Affecting Westmount’s Rental Market in 2025

1. Lower Interest Rates

The Bank of Canada has lowered interest rates, making it easier for some renters to consider buying. While this could reduce rental demand slightly, the high cost of real estate means that many will continue to rent. This will help keep the rental market strong in 2025.

2. More New Condos Entering the Market

Several new condo projects in and around Westmount will be completed this year. This will:

• Increase the number of rental listings, giving renters more choices.
• Create competition among landlords, which could lead to better lease terms or rental incentives.

3. Continued Demand from Professionals and Families

Westmount attracts professionals, families, and students who value its quiet residential feel, green spaces, and proximity to downtown. Even though Quebec’s population growth has slowed, Westmount remains a top choice for those seeking a high standard of living.

4. Government Regulations on Rentals

Quebec’s government has introduced new rental regulations to improve tenant protections and price transparency. These changes may impact how landlords set rental rates and handle lease agreements. Property owners should stay informed to avoid legal issues.

Opportunities for Renters and Property Owners

For Renters:

• With more condos available, tenants may find better deals and more negotiating power.
• Some landlords may offer discounts or flexible lease terms to attract renters.
• If you are thinking about buying, now may be a good time to look at condos for sale in Westmount, especially if interest rates continue to drop.

For Property Owners:

• With more rental listings, landlords may need to adjust pricing to stay competitive.
• Keeping condos well-maintained and offering modern amenities can help attract tenants.
• Investors should watch rental demand and real estate trends before deciding to sell or rent their property.

How a Real Estate Broker in Westmount Can Help?

Navigating the rental market can be challenging. A real estate broker in Westmount can assist renters in finding the right condo and help property owners with pricing strategies and lease agreements. Whether you are renting, leasing, or exploring properties for sale, working with an expert can make the process smoother and more efficient.

Final Thoughts

Mario Conte has been a trusted name in Westmount real estate for over 25 years, helping clients buy, sell, and invest with confidence. His expertise, market knowledge, and award-winning track record—including Top 1% RE/MAX Quebec—set him apart. With more than 1,000 successful transactions and fluency in French, English, and Italian, he ensures smooth and effective communication for every client. As Westmount’s market continues to evolve, having a skilled negotiator on your side is essential. For expert guidance and top-tier results, Mario Conte is the professional to call. Ready to make your next move? Let’s talk!