Cheap Apartments for Rent in Ottawa, IL from $300 (26 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

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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Guion Street
1 to 2 Bedroom Apartments

Guion Street

1812-1840 Guion StOttawa, IL 61350
  • Utilities Included
property at 621 Gooding St

$675

1 Bedroom, 1 Bath Home for Rent

Available Now

621 Gooding St

La SalleIL61301

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 636 Joliet St

$800

1 Bedroom, 1 Bath Home for Rent

Available Now

636 Joliet St

La SalleIL61301
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Village West Apartments
1 to 2 Bedroom Apartments

Village West Apartments

1971 Lilac LnAurora, IL 60506
Corporate Housing
  • Utilities Included

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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property at 407 6th St

$950

1 Bedroom, 1 Bath Home for Rent

Available Now

407 6th St

MendotaIL61342

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 1-26, Page 1 of 1

Ottawa, IL Local Guide

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
Willow Run of Crest Hill1 bedroom1BR,1BA$1,359
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,450
Yorkville ApartmentsB2BR,1BA$1,550
Springs At OswegoStudio Grand OverlookStudio,1BA$1,596
ReNew AuroraAudrey1BR,1BA$1,640
24138 - 24158 W Main St24138 W Main St Unit 1022BR,1BA$1,650
Farmington Lakes ApartmentsHawthorn1BR,1BA$1,712
Reserve at Fox River2BR2BR,2BA$1,765

Best Value Apartments for Rent in Ottawa, IL and Nearby

As of August 08, 2026 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 Douglas BF Model at Home at Ashcroft starting at $3,600 with a $2.24 price per square foot in the Ashcroft Place 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
Home at AshcroftDouglas BF3BR,2BA$2.24
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Redwood OswegoMeadowood2BR,2BA$1.98
Reserve at Fox River3BR3BR,2BA$1.78
Yorkville ApartmentsB2BR,1BA$1.82
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Montgomery Place ApartmentsElm1BR,1BA$2.35
Willow Run of Crest Hill1 bedroom1BR,1BA$2.27
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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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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Ottawa, IL

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Remember the 3 Rules of Real Estate:
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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 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 $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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.