Cheap Apartments for Rent in Ottawa, ON from $500 (257 Rentals)

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

property at 466 Nelson St

$825

4 Bedroom Rentals

Available Sep 1

466 Nelson St

OttawaONK1N 7S8
property at 386 Chapel St

$795 - $895

6 Bedroom Rentals

Available Sep 1

386 Chapel St

OttawaONK1N 7Z6
property at 167 Aylmer Ave

$900 - $4,500

4 To 5 Bedroom Rentals

Available Now

167 Aylmer Ave

OttawaONK1S 2Y3

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 600 Laurier Ave W

$1,295 - $2,050

Studio To 2 Bedroom Rentals

Available Now

600 Laurier Ave W

OttawaONK1R 6L1
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Lord Richmond
$1,335 - $1,399Studio to 3 Bedroom Apartments Available Sep 3

Lord Richmond

851 Richmond RdOttawa, ON K2A 3X2
Affordability
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  • Utilities Included
  • 3D Tour

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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property at 320 Cooper St

$1,350 - $1,595

Studio To 1 Bedroom Rentals

Available Oct 1

320 Cooper St

OttawaONK2P 0G7
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Windfields III
$1,399 - $2,299Studio to 3 Bedroom Apartments Available Aug 31

Windfields III

1170 Fisher AveOttawa, ON K1Z 5R7
Affordability
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  • Utilities Included
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 362 Friel St

$1,448 - $1,750

1 Bedroom Rentals

Available Now

362 Friel St

OttawaONK1N 7W6
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Riviera Gate
$1,449Studio to 3 Bedroom Apartments Available Oct 1

Riviera Gate

1300-1310 Mcwatters RdOttawa, ON K2C 3N8
Active Lifestyle
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  • Utilities Included
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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
$1,499Studio to 2 Bedroom Apartments Available Sep 1

The Ascot

2710 Saratoga PlOttawa, ON K1T 1Z2
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Saratoga Place
$1,525Studio to 2 Bedroom Apartments Available Now

Saratoga Place

2700 Saratoga Place StOttawa, ON K1T 1W4
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Champlain Towers
$1,5251 Bedroom Apartments Contact Us For Availability

Champlain Towers

200 Rideau TerOttawa, ON K1M 0Z2
Cost Per Sq.Ft.
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  • Utilities Included
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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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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: 08/28/2026

Current apartment rentals in the Ottawa, ON area range in price from $500 to $11,710 with an overall median price of $2,328. Here is today’s list neighborhoods with the lowest median pricing for Ottawa Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Westboro$2,180$500417
Nepean Kanata$2,299$500895
East Central$2,350$800558
Downtown$2,549$825340

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. 544 Albert S. W. in the East Central neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. 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
544 Albert S. W.91BR,1BA$1,200
VodaBow II | Co-living4BR,4BA$1,255
50 SelkirkStudio*Studio,1BA$1,284
Acadia ApartmentsBachStudio,1BA$1,299
145 Stewart St. – The StatesmanBachelorStudio,1BA$1,299
53 Maclaren StStudioStudio,1BA$1,300
324 CambridgeStudio*Studio,1BA$1,328
Elgin Square ApartmentsBach1BR,1BA$1,329
Tiffany ApartmentsStudioStudio,1BA$1,329

Best Value Apartments for Rent in Ottawa, ON

As of August 28, 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 $2,800 with a $1.99 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$1.99
Aura Rivermead3 Bedrooms*3BR,1BA$1.33
KoL Townhomes2 Beds, 1 Baths2BR,1BA$1.65
Forestview Townhomes2 Beds, 1 Baths2BR,1BA$1.95
Lakeview Apartments2 Bedroom2BR,1BA$1.66
Amesbrooke Townhomes2 Bedroom2BR,1.5BA$2.00
Skyway Homes2 Bedroom Apartment2BR,1BA$2.00
Champlain Village Urbain2 Bedrooms2BR,1BA$2.02
Gilboa Place1 Bedroom1BR,1BA$2.00

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 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 $1,329.

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 $2,328.

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 107 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 $389 which is $1,939 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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.