Staying for one night in MontrΓ©al

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Hostels (google them) are usually cheaper than hotels but you have to be wanting to be with other people.

Bed&Breakfast could is another suggestion (but usually not cheaper).

Try university lodging; they sometimes rent out student apartments in the summer (but at the time you will be here it will be probably be over).

For example, UniversitΓ© de Montreal: http://www.studioshotel.ca/

If really cheap, you could "couch surf" at someone's apartment (I don't approve it, so look for it yourself).

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