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

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
622 Pearl St
1 to 2 Bedroom Apartments

622 Pearl St

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

639 Webster St

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

300 W Main St

300 W Main StOttawa, IL 61350

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.

close
View Me
654 Webster St
Studio to 2 Bedroom Apartments

654 Webster St

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

529 Guthrie St

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

600 W Madison St

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

Guion Street

1812-1840 Guion StOttawa, IL 61350
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
Willow Crossing
1 to 3 Bedroom Apartments

Willow Crossing

600-606 E McKinley RdOttawa, IL 61350
  • Utilities Included
close
View Me
Pine Apartments
1 to 2 Bedroom Apartments

Pine Apartments

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

Ottawa Senior Apartments

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
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

Best Value Apartments for Rent in Downtown Ottawa, IL

As of March 19, 2026 the best value apartment in the Downtown Ottawa area is the $1.17 price per square foot 425 Marcy St Model at 425 Marcy St, Unit 2nd. Floor in the in the South Ottawa neighborhood starting from $1,400. The second greatest value Downtown Ottawa apartment is the 1352 Illinois Ave Model at 1352 Illinois Ave, Unit Apt 2 starting at $1,250 with a $1.04 price per square foot in the South Ottawa neighborhood. Here is today’s list of the best values for Downtown Ottawa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
425 Marcy St, Unit 2nd. Floor425 Marcy St3BR,2BA$1.17
1352 Illinois Ave, Unit Apt 21352 Illinois Ave2BR,1BA$1.04

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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.

Read Article
Decorative image

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.