Cheap Apartments for Rent in Ottawa, IL from $300 (16 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

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Ottawa, IL Local Guide

Cheapest Neighborhoods for Apartments in Ottawa, IL

Pricing Updated: 09/08/2025

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

NeighborhoodMedian PriceMin PriceAvailable Units
South Ottawa$1,187$8001
Downtown Ottawa$1,212$8002

Cheapest Available Ottawa Apartments for Rent

 

The cheapest available apartment rental in Ottawa, IL is a 1 Bed unit found at 103 W Railroad St priced from $850. 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
103 W Railroad Ststudio apartment1BR,1BA$850
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
Willow Run of Crest Hill1 bedroom1BR,1BA$1,359
Yorkville ApartmentsA1BR,1BA$1,400
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,450

Best Value Apartments for Rent in Ottawa, IL

As of September 09, 2025 the best value apartment in the Ottawa area is the $1.17 price per square foot 2BA Model at York Meadow in the in the Whispering Meadows neighborhood starting from $2,200. The second greatest value Ottawa apartment is the Campania End Model at Bristol Bay of Yorkville starting at $2,840 with a $1.65 price per square foot in the Blackberry Crossing West neighborhood. 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.
York Meadow2BA3BR,2BA$1.17
Bristol Bay of YorkvilleCampania End3BR,2.5BA$1.65
Avanterra Wolfs Crossing2BR Garden2BR,2.5BA$2.07
Redwood OswegoForestwood2BR,2BA$1.99
Reserve at Fox River ApartmentsTwo Bedroom B12BR,2BA$1.63
Wilson Pl. / Monroe St.277 Monroe St.2BR,1.5BA$2.16
Farmington Lakes ApartmentsHawthorn II1BR,1BA$1.94
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Yorkville ApartmentsA1BR,1BA$2.00
103 W Railroad Ststudio apartment1BR,1BA$1.89

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

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Getting Around Ottawa, IL

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 The Reserve at Hudson Crossing listed at $1,450.

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

The lowest price for a Cheap One Bedroom Ottawa Apartment is $850 at 103 W Railroad St.

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 $1,209 at Tudor Park Apartments.

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

Helpful Apartment Articles, How-To's and Tips

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

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