Cheap Apartments for Rent in Ottawa, ON from $500 (184 Rentals)

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

property at 59 Concord St N

$750 - $3,200

Studio To 4 Bedroom Rentals

Available Now

59 Concord St N

OttawaONK1S 0Y5
property at 980 Dynes Rd

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

1 Bedroom, 1 Bath Home for Rent

Available May 1

980 Dynes Rd

OttawaONK2C 0G8
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Saratoga Place
$1,249Studio Apartments Available Now

Saratoga Place

2700 Saratoga Place StOttawa, ON K1T 1W4
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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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The Ascot
$1,325 - $2,065Studio to 2 Bedroom Apartments Available May 1

The Ascot

2710 Saratoga PlOttawa, ON K1T 1Z2
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  • Utilities Included
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property at 467-467 Slater St.

$1,395 - $1,545

Studio To 1 Bedroom Rentals

Available May 1

467-467 Slater St.

OttawaONK1R 5C2
property at 320 Cooper St

$1,295 - $1,395

Studio Rentals

Available Now

320 Cooper St

OttawaONK2P 0G7

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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Champlain Towers
$1,399Studio Apartments Available Now

Champlain Towers

200 Rideau TerOttawa, ON K1M 0Z2
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Colonel By Towers
$1,410 - $2,100Studio to 2 Bedroom Apartments Available May 5

Colonel By Towers

315 Holmwood AvOttawa, ON K1S 2R2
Affordability
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  • Utilities Included
  • 3D Tour

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.

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property at 379 Cooper St

$1,350 - $1,450

Studio Rentals

Available Now

379 Cooper St

OttawaONK2P 0G8
property at 630 Cummings Ave.

$1,450 - $1,850

Studio To 1 Bedroom Rentals

Available Now

630 Cummings Ave.

OttawaONK1K 2K6

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.

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property at 625 Borthwick Ave

$1,400 - $1,850

Studio To 1 Bedroom Rentals

Available Now

625 Borthwick Ave

OttawaONK1K 2L8
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Wentworth Arms
$1,5251 Bedroom Apartments Available Jul 1

Wentworth Arms

525 Wentworth AveOttawa, ON K2B 8E5
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  • Utilities Included
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Windfields III
$1,525 - $1,7991 to 2 Bedroom Apartments Available Now

Windfields III

1170 Fisher AveOttawa, ON K1Z 5R7
Affordability
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  • Utilities Included
  • 3D Tour

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Ottawa, ON Local Guide

Photo of Bob Mallory - Local Guide Expert
Written By:
Bob Mallory
Local Guide Expert

Cheapest Neighborhoods for Apartments in Ottawa, ON

Pricing Updated: 04/12/2026

Current apartment rentals in the Ottawa, ON 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$3,247$1,249245
Nepean Kanata$3,850$8001232
Westboro$3,900$800496
East Central$6,500$899820

Cheapest Available Ottawa Apartments for Rent

 

The cheapest available apartment rental in Ottawa, ON is a 1 Bed unit found at 27 Lucerne & 87 Vanier in the Nepean Kanata neighborhood priced from $1,115. Petries Landing I in the East Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,151. Here is today’s list of the most affordable Ottawa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
27 Lucerne & 87 Vanier1 Bedroom Promotional Pricing for 8 Months1BR,1BA$1,115
Petries Landing I1 Bedroom1BR,1BA$1,151
Lakeview ApartmentsStudioStudio,1BA$1,210
Le Faubourg de L'ile1 Bedroom1BR,1BA$1,214
Saratoga PlaceBachelorStudio,1BA$1,249
229 Argyle AveOne Bedroom1BR,1BA$1,250
350 Mayfield350 Mayfield - Plan AStudio,1BA$1,260
50 Selkirk50 Selkirk - Plan AStudio,1BA$1,302
Riverton ParkBachelor AStudio,1BA$1,314
Château golf1 Bedroom1BR,1BA$1,321

Best Value Apartments for Rent in Ottawa, ON

As of April 12, 2026 the best value apartment in the Ottawa area is the $1.01 price per square foot 2 Bedrooms Model at Petries Landing I in the in the East Central neighborhood starting from $2,595. The second greatest value Ottawa apartment is the 2 Beds, 1 Baths Model at Jubilee Townhomes starting at $2,260 with a $1.56 price per square foot in the Nepean Kanata 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.
Petries Landing I2 Bedrooms2BR,1BA$1.01
Jubilee Townhomes2 Beds, 1 Baths2BR,1BA$1.56
Forestview Townhomes3 Beds, 1 Baths3BR,1BA$1.86
Aspen Village Townhomes3 Beds, 1 Baths3BR,1BA$1.84
Aura Rivermead3 Bedrooms3BR,1BA$1.30
KoL Townhomes3 Beds, 1 Baths3BR,1BA$1.87
Bona Vista ApartmentsLarge Two Bedroom2BR,2BA$1.93
MountshannonEverest - Sapphire Terrace2BR,1.5BA$2.02
Willowbrook Apartments2 Bedroom2BR,1BA$2.00
The Dale1 Bedroom1BR,1BA$2.02

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.

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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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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.

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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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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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Ottawa Overview

As the capital city of Canada, Ottawa, ON has a thriving job market and cultural scene. Thats what draws many people to seek rental homes and apartments in Ottawa when they first move here. Its a family-friendly city with annual festivals and a good school system. Ottawa also offers a lower cost of living than any of the nations comparable metropolitan areas. 

Why live in Ottawa, ON?

Ottawa has a provincial land transfer tax, but not a municipal one. This makes a major difference in the cost of living in Ottawa compared to many other Canadian metro areas. Apartments in Ottawa cost several hundred dollars per month less than comparable rentals in Toronto or Vancouver, for example. Ottawa has a little bit of something for everyone. The Downtown and Little Town areas provide a bounty of museums, theatres, parks, landmarks, eateries, and nightclubs. 

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

Explore Ottawa, ON Rentals by Map

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See the most popular apartments and homes in Ottawa, ON

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Ottawa, ON Area Reviews

  • Parks
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Janice • 4+ years in Ottawa

August 16, 2025

Born and raised in Ottawa -I love my city.

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 Lakeview Apartments listed at $1,210.

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

The lowest price for a Cheap One Bedroom Ottawa Apartment is $1,115 at 27 Lucerne & 87 Vanier.

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 $1,321 at Aura Rivermead.

What is the most affordable Ottawa Three Bedroom Apartment?

The best deal on a cheap Ottawa Three Bedroom Apartment rental is at Aura Rivermead and starts from $1,665.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.

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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.