Cheap Apartments for Rent in Ottawa, ON from $500 (209 Rentals)

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Lord Richmond
Rent Specials
$1,149 - $1,450Studio to 1 Bedroom Apartments Available Now

Lord Richmond

851 Richmond RdOttawa, ON K2A 3X2
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The Woodbine
Rent Specials
$1,249Studio Apartments Available Now

The Woodbine

2750 Carousel CresOttawa, ON K1T 1Z5
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Saratoga Place
$1,249Studio Apartments Contact Us For Availability

Saratoga Place

2700 Saratoga Place StOttawa, ON K1T 1W4
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Wentworth Arms
Rent Specials
$1,275 - $1,439Studio to 1 Bedroom Apartments Available Now

Wentworth Arms

525 Wentworth AveOttawa, ON K2B 8E5
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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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Colonel By Towers
$1,299 - $1,549Studio to 1 Bedroom Apartments Available Now

Colonel By Towers

315 Holmwood AvOttawa, ON K1S 2R2
Affordability
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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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Waterford
Rent Specials
$1,399 - $1,9001 to 2 Bedroom Apartments Available Now

Waterford

1241 Kilborn PlOttawa, ON K1H 1A5
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Champlain Towers
Rent Specials
$1,399 - $2,150Studio to 2 Bedroom Apartments Available Now

Champlain Towers

200 Rideau TerOttawa, ON K1M 0Z2
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property at 185 Mcarthur Av

$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

185 Mcarthur Av

OttawaONK1L 6P6
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Windfields III
Rent Specials
$1,449 - $1,7791 to 2 Bedroom Apartments Available Now

Windfields III

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

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.

property at 502 Somerset St W

$1,475 - $1,550

Studio To 1 Bedroom Rentals

Available Now

502 Somerset St W

OttawaONK1R 5J7
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The Ascot
$1,4991 Bedroom Apartments Contact Us For Availability

The Ascot

2710 Saratoga PlOttawa, ON K1T 1Z2
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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.

property at 625 Borthwick Ave

$1,400 - $1,800

Studio To 1 Bedroom Rentals

Available Now

625 Borthwick Ave

OttawaONK1K 2L8

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Ottawa, ON Local Guide

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Written By:
Bob Mallory
Local Guide Expert

Cheapest Neighborhoods for Apartments in Ottawa, ON

Pricing Updated: 01/09/2026

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
Westboro$2,550$1,125686
Nepean Kanata$2,575$525996
East Central$2,640$600406
Downtown$2,800$1,295218

Cheapest Available Ottawa Apartments for Rent

 

The cheapest available apartment rental in Ottawa, ON is a 4 Beds unit found at Woodroffe Place in the Nepean Kanata neighborhood priced from $525. Lord Richmond in the Nepean Kanata neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,149. Here is today’s list of the most affordable Ottawa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodroffe Place4 Bedroom x 3 Bathroom (Roomies)4BR,3BA$525
Lord RichmondBachelorStudio,1BA$1,149
Island Park TowersBachelorStudio,1BA$1,175
Theo Ottawa - Student Living4 Bedroom, 4 Bathroom4BR,4BA$1,237
The WoodbineBachelorStudio,1BA$1,249
Arbor Village - 1030 & 1040 HollingtonStudio Promotion for 8 MonthsStudio,1BA$1,249
50 Selkirk50 Selkirk - Plan AStudio,1BA$1,269
Wentworth ArmsBachelorStudio,1BA$1,275
Le Faubourg de L'ile1 Bedroom1BR,1BA$1,284
350 Mayfield350 Mayfield - Plan AStudio,1BA$1,287

Best Value Apartments for Rent in Ottawa, ON

As of January 09, 2026 the best value apartment in the Ottawa area is the $0.58 price per square foot 4 Bedroom x 2.5 Bathroom Model at Woodroffe Place in the in the Nepean Kanata neighborhood starting from $968. The second greatest value Ottawa apartment is the 2 Beds, 1 Baths Model at Jubilee Townhomes starting at $2,095 with a $1.45 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.
Woodroffe Place4 Bedroom x 2.5 Bathroom4BR,2.5BA$0.58
Jubilee Townhomes2 Beds, 1 Baths2BR,1BA$1.45
Forestview Townhomes3 Beds, 1 Baths3BR,1BA$1.86
Aspen Village Townhomes3 Beds, 1 Baths3BR,1BA$1.87
KoL Townhomes2 Beds, 1 Baths2BR,1BA$1.76
50 Laurier2 Bedroom2BR,2BA$1.99
Sandringham2 Bedroom2BR,2BA$1.86
Place du GolfTwo Bedroom Apartment - 488 Rue Gouin2BR,1BA$2.00
Le Faubourg de L'ile1 Bedroom1BR,1BA$1.71
Saint-JamesTwo Bedroom Apartment2BR,1BA$1.73

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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Ottawa, ON Area Reviews

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Janice4+ years in Ottawa

August 16, 2025

Born and raised in Ottawa -I love my city.

Frequently Asked Questions about Cheap Ottawa Apartments

What is a cheap apartment in Ottawa?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ottawa is under $1,287.

What is the price of a cheap apartment in Ottawa?

The cheapest apartment in Ottawa is Le Faubourg de L'ile which is listed at $1,284, while the average apartment in Ottawa costs $2,641.

What types of apartments are the cheapest in Ottawa?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 332 regular apartments in Ottawa that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ottawa?

Cheap apartments in Ottawa have an average cost of $532 which is $2,109 cheaper than the average rent for all rentals in Ottawa.

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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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!