Cheap Homes for Rent in the Downtown Neighborhood of Ottawa, ON from $1,100 (39 Rentals)

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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.

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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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property at 263 MacLaren St

$1,499 - $1,599

1 Bedroom Rentals

Available Now

263 MacLaren St

OttawaONK2P 0M1

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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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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Showing Results 1-39, Page 1 of 1

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Ottawa, ON is a Studio unit found at Cartier Square Apartments priced from $1,149. 145 Stewart St. – The Statesman has the second lowest priced unit, which is a Studio apartment currently listed from $1,299. Here are the most affordable Downtown apartments for rent in Ottawa, ON:

Apartment ListingModel NameBed/BathPriced From
Cartier Square ApartmentsBachelorStudio,1BA$1,149
145 Stewart St. – The StatesmanBachelorStudio,1BA$1,299
324 CambridgeStudio*Studio,1BA$1,312
Dow's Lake TowersStudioStudio,1BA$1,329
Elgin Square ApartmentsBach1BR,1BA$1,329
The CarsonStudioStudio,1BA$1,349
335 Cooper St. – The CarillonBachelorStudio,1BA$1,399
60 Daly Avenue – Canadiana ApartmentsBachelorStudio,1BA$1,399
Somerset Manor/ Le Quai D'OrsayBachelorStudio,1BA$1,400
Cooper Ave1 Bed, 1 bath1BR,1BA$1,400

Best Value Apartments for Rent in Downtown, ON

As of July 15, 2026 the best value apartment in the Downtown area is the $2.50 price per square foot 552 Bay St Model at 552 Bay St in the in the Downtown neighborhood starting from $2,500. The second greatest value Downtown apartment is the Small Two Bedroom Model at Bona Vista Apartments starting at $2,059 with a $2.14 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.
552 Bay St552 Bay St3BR,1.5BA$2.50
Bona Vista ApartmentsSmall Two Bedroom2BR,2BA$2.14
233 Nepean233 Nepean - 3 Bed Plan A3BR,1BA$2.61
335 Metcalfe335 Metcalfe St - Plan B1BR,1BA$2.32
60 Daly Avenue – Canadiana ApartmentsBachelorStudio ,1BA$1.87
Tiffany Apartments1 Bedroom1BR,1BA$2.04
Riverview Place Apartments1 Bedroom1BR,1BA$2.18
The Citadel Apartments1B1BR,1BA$2.66
King Edward Avenue475 King Edward Ave - Plan C1BR,1BA$2.60
Elgin Square ApartmentsBach1BR,1BA$2.37

Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 839 Apartments for Rent in Downtown, ON with pricing that ranges from $825 to $6,000. There are also 310 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,120 to $5,500.

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 $1,120 to $5,500 with an average monthly rent of $3,132.

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 $2,299 to $3,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $4,750. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $850.

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 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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.