Cheap Apartments for Rent in the Downtown Ottawa Neighborhood of Ottawa, IL from $300 (16 Rentals)

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

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622 Pearl St
1 to 2 Bedroom Apartments

622 Pearl St

622 Pearl StOttawa, IL 61350
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639 Webster St
1 to 2 Bedroom Apartments

639 Webster St

639 Webster StOttawa, IL 61350
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300 W Main St
1 Bedroom Apartments

300 W Main St

300 W Main StOttawa, IL 61350

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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654 Webster St
Studio to 2 Bedroom Apartments

654 Webster St

654 Webster StOttawa, IL 61350
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529 Guthrie St
1 to 2 Bedroom Apartments

529 Guthrie St

529 Guthrie StOttawa, IL 61350
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600 W Madison St
1 Bedroom Apartments

600 W Madison St

600 W Madison StOttawa, IL 61350
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Guion Street
1 to 2 Bedroom Apartments

Guion Street

1812-1840 Guion StOttawa, IL 61350
  • Utilities Included

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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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Pine Apartments
1 to 2 Bedroom Apartments

Pine Apartments

501 Avon LnOttawa, IL 61350
  • Utilities Included
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Ottawa Senior Apartments
1 to 2 Bedroom Apartments

Ottawa Senior Apartments

400 Jim Thomas CirOttawa, IL 61350
Senior Living
  • Utilities Included

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Ottawa Country Place
1 to 2 Bedroom Apartments

Ottawa Country Place

701 W McKinley RdOttawa, IL 61350
Senior Living

Downtown Ottawa, Ottawa, IL Local Guide

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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Quick Rent Budget Calculator

How much rent can you afford?

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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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

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.