Cheapest Neighborhoods to live in Montreal 1. NDG (Notre-Dame-de-Gr?ce) Offers multicultural atmosphere Average rent for 1-bedroom apartment: $1,450 Average cost of buying a property: $877,313 C?te-des-Neiges?Notre-Dame-de-Gr?ce offers diverse and welcoming neighborhoods for students, newcomers, families, and young professionals. Its multicultural atmosphere, vibrant community spirit, and engaging architecture makes it a lively place to live. As Montreal?s most populous borough, it serves as a transportation hub and is home to top educational and health institutions. The Le Triangle neighborhoods, bordered by Rue Jean-Talon on the south, Boulevard D?carie on the west, and the Town of Mount Royal on the northeast, is undergoing constant transformation. It?s a newly established area centered around the Namur subway station, following Transit-Oriented Development principles, emphasizing sustainable urban planning practices. Centris (2025) & Zumper (Oct 2025) Notre-Dame-de-Gr?ce, Montreal 2. Lachine Waterfront location Average rent for 1-bedroom apartment: $1,538 Average cost of buying a property: $547,656 Lachine offers its residents a range of heritage sites due to its long-standing history, as well as, peaceful parks, sports facilities and education institutions. Lachine benefits from its location and accessibility to two major train stations and three highways known as the 20, 13 and the 138. If you are looking for a place near to all of Montreal, Lachine is perfect for you. It is a 5-minute drive to Montreal I
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