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Montreal’s purpose-built rental inventory expands across city

No longer just downtown, apartment projects spread out
While the downtown Montreal borough of Ville-Marie has seen the largest increase in apartment units in recent years, most city boroughs have seen their rental unit counts increase by 5% or more since 2020. (Olivier Gariépy/CoStar)
While the downtown Montreal borough of Ville-Marie has seen the largest increase in apartment units in recent years, most city boroughs have seen their rental unit counts increase by 5% or more since 2020. (Olivier Gariépy/CoStar)
CoStar Analytics
September 8, 2026 | 2:10 AM

For much of the past decade, new apartment construction in Montreal has centered on downtown towers and major mixed-use projects in the urban core. While downtown remains the focal point of recent development activity, data shows that the city’s purpose-built rental inventory has expanded across numerous boroughs.

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