Cheap Homes for Rent in Ottawa, IL from $600 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

Ottawa, IL Local Guide

Cheapest Neighborhoods for Apartments in Ottawa, IL

Pricing Updated: 12/25/2025

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
Downtown Ottawa$1,112$7254
South Ottawa$1,112$7254

Cheapest Available Ottawa Apartments for Rent

 

The cheapest available apartment rental in Ottawa, IL is a 2 Beds unit found at Tudor Park Apartments in the Downtown neighborhood priced from $1,209. The Onyx on Victoria in the Blackberry Crossing West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here is today’s list of the most affordable Ottawa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
The Onyx on VictoriaRenovated 1 Bedroom 1 Bathroom Apartment1BR,1BA$1,325
Willow Run of Crest Hill1 bedroom1BR,1BA$1,359
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,450
ReNew AuroraAshford1BR,1BA$1,500

Best Value Apartments for Rent in Ottawa, IL

As of December 25, 2025 the best value apartment in the Ottawa area is the $1.18 price per square foot 2E 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 Meadow2E3BR,2BA$1.18
Home at AshcroftDouglas BF3BR,2BA$2.24
Avanterra Wolfs Crossing3BR Garden3BR,2.5BA$1.76
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Redwood OswegoWillowood2BR,2BA$1.77
Springs At Oswego2 BR Grand Courtyard Garage2BR,2BA$1.99
Reserve at Fox River ApartmentsTwo Bedroom B12BR,2BA$1.63
814 Clinton St, Unit UNIT B814 Clinton St2BR,1BA$1.16
Monroe Street Apartments2.0 BD/1.5 BA2BR,1.5BA$2.15
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64

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

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

Explore Ottawa, IL Rentals by Map

View Map
Ottawa, IL Apartments Map
View Map
Ottawa, IL Rental Homes Map

Frequently Asked Questions about Ottawa

What type of rentals are currently available in Ottawa?

There are currently 70 Apartments for Rent in Ottawa, IL with pricing that ranges from $725 to $4,985. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ottawa ranging from $650 to $4,200.

What is the current price range for Rental Homes in Ottawa?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ottawa ranges from $650 to $4,200 with an average monthly rent of $2,157.

How much are larger Three and Four Bedroom Rentals in Ottawa?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ottawa range from $1,309 to $4,425, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $3,056.

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 to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!