Cheap Apartments for Rent in Ottawa, ON from $500 (197 Rentals)

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

property at 59 Concord St N

$750 - $3,250

Studio To 4 Bedroom Rentals

Available Now

59 Concord St N

OttawaONK1S 0Y5
property at 119 Daly Ave

$750 - $1,499

Studio To 1 Bedroom Rentals

Available Now

119 Daly Ave

OttawaONK1N 6E6
property at 362 Friel St

$1,204 - $1,750

Studio To 1 Bedroom Rentals

Available Now

362 Friel St

OttawaONK1N 7W6

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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Lord Richmond
$1,349Studio Apartments Available Jul 1

Lord Richmond

851 Richmond RdOttawa, ON K2A 3X2
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property at 625 Borthwick Ave

$1,350 - $1,850

Studio To 1 Bedroom Rentals

Available Now

625 Borthwick Ave

OttawaONK1K 2L8

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
$1,385Studio Apartments Available Jul 15

Champlain Towers

200 Rideau TerOttawa, ON K1M 0Z2
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The Ascot
$1,399Studio Apartments Contact Us For Availability

The Ascot

2710 Saratoga PlOttawa, ON K1T 1Z2
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  • Utilities Included
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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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Windfields III
$1,425 - $1,879Studio to 2 Bedroom Apartments Available Jun 1

Windfields III

1170 Fisher AveOttawa, ON K1Z 5R7
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Colonel By Towers
$1,435Studio Apartments Available Jun 1

Colonel By Towers

315 Holmwood AvOttawa, ON K1S 2R2
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property at 630 Cummings Ave.

$1,450 - $1,850

Studio To 1 Bedroom Rentals

Available Now

630 Cummings Ave.

OttawaONK1K 2K6

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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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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Showing Results 1-50, Page 1 of 4

Ottawa, ON Local Guide

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Written By:
Bob Mallory
Local Guide Expert

Cheapest Neighborhoods for Apartments in Ottawa, ON

Pricing Updated: 05/29/2026

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$2,527$550572
Nepean Kanata$2,655$5251193
Downtown$2,989$750419
East Central$7,250$740613

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. Theo in the East Central neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $740. 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
Theo3 Bedroom, 2 Bathroom3BR,2BA$740
27 Lucerne27 Lucerne - Studio Plan AStudio,1BA$1,050
Petries Landing I1 Bedroom1BR,1BA$1,151
Le Faubourg de L'ile1 Bedroom1BR,1BA$1,199
Prince of Wales ComplexBachelorStudio,1BA$1,299
145 Stewart St. – The StatesmanBachelorStudio,1BA$1,299
50 Selkirk50 Selkirk - Plan AStudio,1BA$1,302
255 Stewart StreetStudio Promotion for 8 MonthsStudio,1BA$1,309
Château golf1 Bedroom1BR,1BA$1,321

Best Value Apartments for Rent in Ottawa, ON

As of May 29, 2026 the best value apartment in the Ottawa area is the $1.03 price per square foot 2 Bedrooms Model at Petries Landing I in the in the East Central neighborhood starting from $2,635. The second greatest value Ottawa apartment is the 4 Bedroom x 3 Bathroom Model at Woodroffe Place starting at $1,060 with a $0.61 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$1.03
Woodroffe Place4 Bedroom x 3 Bathroom4BR,3BA$0.61
Jubilee Townhomes2 Beds, 1 Baths2BR,1BA$1.56
Aspen Village Townhomes3 Beds, 1 Baths3BR,1BA$1.84
Aura Rivermead3 Bedrooms3BR,1BA$1.30
MountshannonLedgestone Flat - Lower Floor2BR,2BA$1.95
Château golf2 Bedrooms2BR,1BA$1.65
Greenbank Towers2 Beds, 1 bath2BR,1BA$1.78
929 Richmond2 Bedrooms2BR,1BA$1.98
Rideau Terrace Apartments1 Bed, 1 bath1BR,1BA$1.82

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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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 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 $1,321.

What is the price of a cheap apartment in Ottawa?

The cheapest apartment in Ottawa is 27 Lucerne which is listed at $1,115, while the average apartment in Ottawa costs $3,855.

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 349 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 $441 which is $3,414 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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.