Cheap Apartments for Rent in Ottawa, IL from $825 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ottawa.

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Willow Crossing
1 to 3 Bedroom Apartments

Willow Crossing

600-606 E McKinley RdOttawa, IL 61350
  • Utilities Included
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Guion Street
1 to 2 Bedroom Apartments

Guion Street

1812-1840 Guion StOttawa, IL 61350
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 137 N 4250th Rd
$800
1 Bedroom, 1 Bath Home for Rent
Available Now

137 N 4250th Rd

MendotaIL61342
  • Smoke Free
property at 134 Marquette St
$850
2 Bedroom, 1 Bath Home for Rent
Available Now

134 Marquette St

La SalleIL61301
  • Smoke Free

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Village West Apartments
1 to 2 Bedroom Apartments

Village West Apartments

1971 Lilac LnAurora, IL 60506
Corporate Housing
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-34, Page 1 of 1

Ottawa, IL Local Guide

Cheapest Neighborhoods for Apartments in Ottawa, IL

Pricing Updated: 09/22/2026

Current apartment rentals in the Ottawa, IL area range in price from $825 to $1,650 with an overall median price of $1,073. Here is today’s list neighborhoods with the lowest median pricing for Ottawa Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
South Ottawa$962$8251
Downtown Ottawa$1,110$8253

Cheapest Available Ottawa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ottawa, IL is a 1 Bed unit found at Pontiac Towers priced from $990. Tudor Park Apartments in the Downtown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,209. Here is today’s list of the most affordable Ottawa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pontiac Towers1 Bedroom1BR, 1BA$990
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR, 1BA$1,209
Reserve at Fox River3BR3BR, 2BA$1,336
Willow Run of Crest Hill1 bedroom1BR, 1BA$1,359
ReNew AuroraAvon1BR, 1BA$1,525
Trillium at OswegoS1Studio, 1BA$1,538
Yorkville ApartmentsB2BR, 1BA$1,550
24138 - 24158 W Main St24138 W Main St Unit 1022BR, 1BA$1,650
Echelon OswegoA1.11BR, 1BA$1,682
Sixteen30S1Studio, 1BA$1,710

Best Value Apartments for Rent in Ottawa, IL and Nearby

As of September 22, 2026 the best value apartment in the Ottawa area is the $2.24 price per square foot Douglas BF Model at Home at Ashcroft in the Ashcroft Place neighborhood starting from $3,600. The second greatest value Ottawa apartment is the Accera Model at Bristol Bay of Yorkville in the Blackberry Crossing West neighborhood starting at $2,600 with a $1.75 price per square foot. Here is today’s list of the best values for Ottawa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Home at AshcroftDouglas BF3BR, 2BA$2.24
Bristol Bay of YorkvilleAccera2BR, 2.5BA$1.75
Avanterra Wolfs Crossing2BR Vista2BR, 2.5BA$2.02
Redwood OswegoForestwood2BR, 2BA$1.95
Reserve at Fox River3BR3BR, 2BA$1.16
The Onyx on VictoriaPremier 2 Bedroom 1 Bathroom Apartment2BR, 1BA$1.78
Seasons at Plainfield1E1BR, 1BA$2.16
Yorkville ApartmentsB2BR, 1BA$1.82
Tudor Park ApartmentsThree Bedroom One Bathroom3BR, 1BA$1.64
Pontiac Towers1 Bedroom1BR, 1BA$1.87

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Ottawa, IL

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Ottawa Apartments

What is the Cheapest Studio apartment in Ottawa?

Currently the most affordable Cheap Studio Apartment in Ottawa is at Trillium at Oswego listed at $1,538.

How much is rent for a Cheap One Bedroom Ottawa Apartment?

The lowest price for a Cheap One Bedroom Ottawa Apartment is $990 at Pontiac Towers.

What is the lowest price for a Cheap Two Bedroom Ottawa Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ottawa is starting from $1,059 at Pontiac Towers.

What is the most affordable Ottawa Three Bedroom Apartment?

The best deal on a cheap Ottawa Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.