A equipe Red Bull mostrou que é a favorita para vencer o GP de Monaco.
Confira os tempos:
| Pos | Nº | Piloto | Equipe | Tempo | Dif. | Vts |
| 1 | 3 | Daniel Ricciardo | RED BULL RACING TAG HEUER | 1:12.126 |  | 36 |
| 2 | 33 | Max Verstappen | RED BULL RACING TAG HEUER | 1:12.280 | +0.154s | 25 |
| 3 | 44 | Lewis Hamilton | MERCEDES | 1:12.480 | +0.354s | 34 |
| 4 | 5 | Sebastian Vettel | FERRARI | 1:13.041 | +0.915s | 40 |
| 5 | 7 | Kimi RÁ¤ikkÁ¶nen | FERRARI | 1:13.066 | +0.940s | 38 |
| 6 | 55 | Carlos Sainz | RENAULT | 1:13.456 | +1.330s | 40 |
| 7 | 77 | ValtteriÂBottas | MERCEDES | 1:13.502 | +1.376s | 39 |
| 8 | 11 | Sergio Perez | FORCE INDIA MERCEDES | 1:13.717 | +1.591s | 39 |
| 9 | 8 | Romain Grosjean | HAAS FERRARI | 1:13.943 | +1.817s | 24 |
| 10 | 35 | Sergey Sirotkin | WILLIAMS MERCEDES | 1:13.962 | +1.836s | 40 |
| 11 | 31 | Esteban Ocon | FORCE INDIA MERCEDES | 1:14.000 | +1.874s | 39 |
| 12 | 28 | Brendon Hartley | SCUDERIA TORO ROSSO HONDA | 1:14.034 | +1.908s | 46 |
| 13 | 27 | Nico Hulkenberg | RENAULT | 1:14.134 | +2.008s | 38 |
| 14 | 10 | Pierre Gasly | SCUDERIA TORO ROSSO HONDA | 1:14.240 | +2.114s | 38 |
| 15 | 2 | Stoffel Vandoorne | MCLAREN RENAULT | 1:14.291 | +2.165s | 37 |
| 16 | 16 | Charles Leclerc | SAUBER FERRARI | 1:14.521 | +2.395s | 39 |
| 17 | 14 | Fernando Alonso | MCLAREN RENAULT | 1:14.637 | +2.511s | 16 |
| 18 | 18 | Lance Stroll | WILLIAMS MERCEDES | 1:14.782 | +2.656s | 43 |
| 19 | 9 | Marcus Ericsson | SAUBER FERRARI | 1:15.206 | +3.080s | 39 |
| 20 | 20 | Kevin Magnussen | HAAS FERRARI | 1:18.801 | +6.675s | 7 |
