Cheap Homes for Rent in Downtown Neighborhood of Ottawa, ON from $1,200 (57 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Downtown area of Ottawa.

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 2

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Ottawa, ON is a 1 Bed unit found at 229 Argyle Ave priced from $1,250. 324 Cambridge has the second lowest priced unit, which is a Studio apartment currently listed from $1,328. Here are the most affordable Downtown apartments for rent in Ottawa, ON:

Apartment ListingModel NameBed/BathPriced From
229 Argyle AveOne Bedroom1BR,1BA$1,250
324 CambridgeStudioStudio,1BA$1,328
Elgin Street ApartmentsStudio Promotion for 8 Months - 149 MaclarenStudio,1BA$1,399
Hillside ApartmentsDelta2BR,2BA$1,400
Cooper Ave1 Bed, 1 bath1BR,1BA$1,400
Somerset Manor/ Le Quai D'OrsayBachelorStudio,1BA$1,400
Wentworth PlazaBachelorStudio,1BA$1,410
214 Metcalfe214 Metcalfe St - Plan BStudio,1BA$1,449
Golden Triangle ApartmentsStudio Promotion for 8 Months - 135 MacLarenStudio,1BA$1,479
425 Elgin425 Elgin - Plan CStudio,1BA$1,479

Best Value Apartments for Rent in Downtown, ON

As of April 14, 2026 the best value apartment in the Downtown area is the $1.93 price per square foot Large Two Bedroom Model at Bona Vista Apartments in the in the Downtown neighborhood starting from $2,089. The second greatest value Downtown apartment is the 335 Metcalfe St - Plan D Model at 335 Metcalfe starting at $2,369 with a $2.37 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bona Vista ApartmentsLarge Two Bedroom2BR,2BA$1.93
335 Metcalfe335 Metcalfe St - Plan D2BR,1BA$2.37
435 Albert St. – Domaine 4351 Bedroom1BR,1BA$2.15
Clarendon Lanes1 Bedroom plus Den 1 Bathroom1BR,1BA$2.44
The Citadel Apartments1A1BR,1BA$2.53
Sussex House1 Bedroom1BR,1BA$2.69
King Edward Avenue475 King Edward - Plan D1BR,1BA$2.60
217 Laurier217 Laurier - Plan A2BR,1BA$2.94
Cooper Ave1 Bed, 1 bath1BR,1BA$2.80
229 Argyle AveStudios1BR,1BA$2.95

Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 816 Apartments for Rent in Downtown, ON with pricing that ranges from $800 to $5,500. There are also 254 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,200 to $6,450.

What is the current price range for Rental Homes in Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,200 to $6,450 with an average monthly rent of $2,747.

How much are larger Three and Four Bedroom Rentals in Downtown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $2,369 to $2,949, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,350 to $6,450. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,200.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.