Cheap Apartments for Rent in Ottawa, ON from $500 (267 Rentals)

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

property at 205 Glynn Ave

$850

1 To 4 Bedroom Rentals

Available Now

205 Glynn Ave

OttawaONK1K 1S4
property at 386 Chapel St

$925 - $995

6 Bedroom Rentals

Available Sep 1

386 Chapel St

OttawaONK1N 7Z6

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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property at 318 Cooper St

$1,295 - $1,650

Studio To 1 Bedroom Rentals

Available Sep 1

318 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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Wentworth Arms
$1,325Studio Apartments Available Sep 1

Wentworth Arms

525 Wentworth AveOttawa, ON K2B 8E5
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Lord Richmond
$1,335 - $1,625Studio to 1 Bedroom Apartments Available Now

Lord Richmond

851 Richmond RdOttawa, ON K2A 3X2
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  • Utilities Included
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Colonel By Towers
$1,349 - $2,125Studio to 2 Bedroom Apartments Available Now

Colonel By Towers

315 Holmwood AvOttawa, ON K1S 2R2
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  • Utilities Included
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The Ascot
$1,349 - $1,625Studio to 1 Bedroom Apartments Available Aug 1

The Ascot

2710 Saratoga PlOttawa, ON K1T 1Z2
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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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Windfields III
$1,425 - $1,799Studio to 2 Bedroom Apartments Available Now

Windfields III

1170 Fisher AveOttawa, ON K1Z 5R7
Affordability
  • Verified
  • 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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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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Showing Results 1-50, Page 1 of 6

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: 07/16/2026

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
Nepean Kanata$4,500$7251414
East Central$5,300$950910
Downtown$5,500$1,120277
Westboro$5,500$725503

Cheapest Available Ottawa Apartments for Rent

 

The cheapest available apartment rental in Ottawa, ON is a 1 Bed unit found at 27 Lucerne in the Gatineau 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 Lucerne1 Bedroom Promotional Pricing for 8 Months1BR,1BA$1,115
Petries Landing I1 Bedroom1BR,1BA$1,151
VodaBow II | Co-living4BR,4BA$1,240
Acadia ApartmentsBachStudio,1BA$1,249
50 SelkirkStudioStudio,1BA$1,268
145 Stewart St. – The StatesmanBachelorStudio,1BA$1,299
Somerset Towers East & WestStudioStudio,1BA$1,299
544 Albert S. W.1 Bedroom 1 Bath1BR,1BA$1,300
324 CambridgeStudio*Studio,1BA$1,312
Wellington Towers ApartmentsStudioStudio,1BA$1,329

Best Value Apartments for Rent in Ottawa, ON

As of July 16, 2026 the best value apartment in the Ottawa area is the $1.56 price per square foot 2 Beds, 1 Baths Model at Jubilee Townhomes in the in the Nepean Kanata neighborhood starting from $2,260. The second greatest value Ottawa apartment is the 3 Beds, 1 Baths Model at Aspen Village Townhomes starting at $2,745 with a $1.95 price per square foot in the East Central 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.
Jubilee Townhomes2 Beds, 1 Baths2BR,1BA$1.56
Aspen Village Townhomes3 Beds, 1 Baths3BR,1BA$1.95
Pointe-GatineauThree Bedroom Townhouse3BR,1BA$1.42
Aura Rivermead2 Bedrooms2BR,1BA$1.46
Forestview Townhomes2 Beds, 1 Baths2BR,1BA$2.02
KoL Townhomes2 Beds, 1 Baths2BR,1BA$1.90
Gilboa Place2 Bedrooms2BR,1BA$1.81
The Voyageur Apartments2 Bedroom2BR,1BA$1.80
Greenbank Towers2 Bedroom2BR,1BA$1.94
60 Daly Avenue – Canadiana ApartmentsBachelorStudio ,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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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

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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 Petries Landing I listed at $1,238.

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.

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 $1,329 at 27 Lucerne.

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 $1,833.

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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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.

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.