Copyright © 2026 Alexander Gomez. All rights reserved | Real estate design by 
Gone are the days when rent was under $500. Today’s market is a different reality altogether. Between inflation and limited inventory, finding the right rental can feel overwhelming.
But here’s the good news: in my day-to-day work as a real estate broker, I see it all the time—people can save money. The key is knowing where to look and how to think about the decision.
If you’re currently renting or planning to move, here’s how I recommend approaching it.
The biggest mistake I see? People focus only on rent.
Your monthly rent matters, of course—but what really matters is your total cost of living in that unit.
A $1,600 apartment that includes heating might actually be cheaper than a $1,500 unit where you’re paying high winter electricity bills.
Same idea with amenities.
If you’re paying $70/month for a gym and your building includes one, that changes the equation. I always tell my clients: do the math before you decide.
Other inclusions that can make a real difference:
These small details add up quickly.
Also, quick tip: when you’re signing a lease, take a look at Section G. It shows the lowest rent paid in the last 12 months. Most tenants skip this—but it’s valuable context.
This is one of the most underestimated factors.
Before committing to a unit, I strongly suggest checking its energy history. In Quebec, you can get estimates through Hydro-Québec.
Is the unit well insulated? Are the windows older? Is it north-facing?
Sometimes a newer, slightly more expensive unit ends up being the smarter financial decision because it’s more energy efficient.
Not every solution fits everyone—but it’s worth considering your options.
I’ve had clients save significantly by:
Roommates, especially, are often underrated. Yes, it’s a lifestyle choice—but financially, it can completely change what’s accessible to you.
People often try to save on rent by moving farther away.
Sometimes that works—but not always.
If you’re spending more on gas, transit, or commuting time, that “cheaper” apartment may actually cost you more in the long run.
I always recommend thinking in terms of lifestyle efficiency:
That convenience has real value.
You don’t need to overhaul your lifestyle to save on energy.
Small adjustments make a noticeable difference:
If your landlord allows it, a programmable thermostat is a great upgrade. I’ve seen it reduce costs by 10–15%.
No, I’m not going to tell you to take freezing showers.
But:
These are simple habits that lower your bill without affecting your comfort much.
Same goes for appliances—older ones tend to consume more energy. When possible, go for efficient options.
This is something almost no one does—and it’s a missed opportunity.
Insurance rates change. Your situation changes.
Take a bit of time each year to compare quotes. You might find better coverage for less.
And if you’re wondering: yes, tenant insurance is absolutely worth it. It protects your belongings and your liability.
Internet, phone, streaming—it adds up fast.
A few things I often suggest:
You don’t need everything, all the time.
One thing I love about cities like Montreal is how much is available if you look for it.
Free or low-cost options include:
It’s one of the easiest ways to cut spending without sacrificing your lifestyle.
I’ve seen tenants pay fees they didn’t have to.
In Quebec:
Being informed protects you financially.
At the end of the day, renting isn’t just about finding a place—it’s about finding the right balance between cost, comfort, and lifestyle.
And from what I see every day, the people who save the most aren’t the ones who go for the cheapest option—they’re the ones who make informed decisions.
If you approach your search strategically, there are real opportunities to come out ahead.
Copyright © 2026 Alexander Gomez. All rights reserved | Real estate design by