
Cheap Apartments for Rent in Ottawa, ON from $500 (209 Rentals)
Search the lowest-cost Apartments available for rent right now in Ottawa.


Lord Richmond

Island Park Towers

Arbor Village - 1030 & 1040 Hollington

Saratoga Place

50 Selkirk

Wentworth Arms

350 Mayfield

494 Somerset St W
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.

Colonel By Towers

314 Frank St

Westview

324 Cambridge

Sandy Hill Apartments

362 McArthur & 388-390 Irwin Miller

Bromley Square

425 Elgin

The Park West

630 Cummings Ave
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.

Britannia Park

The Faircrest

149 MacLaren

Waterford

Champlain Towers

185 Mcarthur Av

Cooper Ave

MacConnor Apartments

Recital 36 Robinson

Windfields III
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.

135 MacLaren

Riverflow Residences

301 Rue Wilbrod St

Rivervale Apartments

Wentworth Plaza

The Edgedale

502 Somerset St W

37 Adeline St

255 Stewart

The Ascot
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.

Arbor Village - 1073 Hollington

625 Borthwick Ave

173 Cooper

57 Bayswater

61 McEwen

Phoenix Apartments

The Ogilvie Towers

Arbor Village - 1196 Shillington

Story of Rideau & Chapel

Parkway Towers
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

How much does it cost to rent an apartment in Ottawa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Ottawa Studio Apartments | $1,595 | $1,149 | $2,300 |
| Cheap Ottawa 1 Bedroom Apartments | $2,039 | $1,050 | $4,485 |
| Cheap Ottawa 2 Bedroom Apartments | $2,622 | $1,075 | $5,830 |
| Cheap Ottawa 3 Bedroom Apartments | $2,544 | $1,370 | $5,500 |
| Cheap Ottawa 4 Bedroom Apartments | $1,345 | $525 | $2,750 |
| Ottawa 5 Bedroom Apartments | $1,156 | $1,125 | $1,280 |
| Ottawa 6 Bedroom Apartments | $795 | $795 | $795 |
Browse Top Apartments in Ottawa
See all Apartments in OttawaExplore Ottawa
Ottawa, ON Local Guide

- Ottawa Neighborhoods
- Nearby Cities
Cheapest Neighborhoods for Apartments in Ottawa, ON
Pricing Updated: 01/09/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Westboro | $2,550 | $1,125 | 686 |
| Nepean Kanata | $2,575 | $525 | 996 |
| East Central | $2,640 | $600 | 406 |
| Downtown | $2,800 | $1,295 | 218 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodroffe Place | 4 Bedroom x 3 Bathroom (Roomies) | 4BR,3BA | $525 |
| Lord Richmond | Bachelor | Studio,1BA | $1,149 |
| Island Park Towers | Bachelor | Studio,1BA | $1,175 |
| Theo Ottawa - Student Living | 4 Bedroom, 4 Bathroom | 4BR,4BA | $1,237 |
| The Woodbine | Bachelor | Studio,1BA | $1,249 |
| Arbor Village - 1030 & 1040 Hollington | Studio Promotion for 8 Months | Studio,1BA | $1,249 |
| 50 Selkirk | 50 Selkirk - Plan A | Studio,1BA | $1,269 |
| Wentworth Arms | Bachelor | Studio,1BA | $1,275 |
| Le Faubourg de L'ile | 1 Bedroom | 1BR,1BA | $1,284 |
| 350 Mayfield | 350 Mayfield - Plan A | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodroffe Place | 4 Bedroom x 2.5 Bathroom | 4BR,2.5BA | $0.58 |
| Jubilee Townhomes | 2 Beds, 1 Baths | 2BR,1BA | $1.45 |
| Forestview Townhomes | 3 Beds, 1 Baths | 3BR,1BA | $1.86 |
| Aspen Village Townhomes | 3 Beds, 1 Baths | 3BR,1BA | $1.87 |
| KoL Townhomes | 2 Beds, 1 Baths | 2BR,1BA | $1.76 |
| 50 Laurier | 2 Bedroom | 2BR,2BA | $1.99 |
| Sandringham | 2 Bedroom | 2BR,2BA | $1.86 |
| Place du Golf | Two Bedroom Apartment - 488 Rue Gouin | 2BR,1BA | $2.00 |
| Le Faubourg de L'ile | 1 Bedroom | 1BR,1BA | $1.71 |
| Saint-James | Two Bedroom Apartment | 2BR,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.
Read ArticleThe 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 ArticleCash 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 ArticleQuick 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.
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
See the most popular apartments and homes in Ottawa, ON
Ottawa, ON Area Reviews
Janice • 4+ years in Ottawa
August 16, 2025Born 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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
