Cheap Homes for Rent in the Downtown Neighborhood of Ottawa, ON from $1,274 (91 Rentals)

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

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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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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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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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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Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Ottawa, ON is a Studio unit found at 145 Stewart St. – The Statesman priced from $1,299. 53 Maclaren St has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here are the most affordable Downtown apartments for rent in Ottawa, ON:

Apartment ListingModel NameBed/BathPriced From
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
King Edward Avenue485 King Edward Ave - Plan A1BR,1BA$1,349
Golden Triangle Apartments1 Bedroom Promotion for 8 Months - 45 Somerset1BR,1BA$1,399
Cooper Ave1 Bed, 1 bath1BR,1BA$1,400
Somerset Manor/ Le Quai D'OrsayBachelorStudio,1BA$1,400
Wentworth PlazaBachelorStudio,1BA$1,410

Best Value Apartments for Rent in Downtown, ON

As of September 01, 2026 the best value apartment in the Downtown area is the $2.41 price per square foot 3 Bedroom Promotion for 8 Months Model at MacLaren Heritage Collection in the in the Downtown neighborhood starting from $2,886. The second greatest value Downtown apartment is the 335 Metcalfe St - Plan C Model at 335 Metcalfe starting at $2,419 with a $2.54 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.
MacLaren Heritage Collection3 Bedroom Promotion for 8 Months3BR,1BA$2.41
335 Metcalfe335 Metcalfe St - Plan C2BR,1BA$2.54
233 Nepean233 Nepean - 3 Bed Plan A3BR,1BA$2.50
MacConnor Apartments2 Bed 1 Bath2BR,1BA$2.33
Elgin Square Apartments1 Bedroom1BR,1BA$2.17
Stonecliffe Apartments1 Bedroom1BR,1BA$2.07
212-1/2 Bank StreetBank St - 1 Bed Plan A1BR,1BA$2.48
The Citadel Apartments1A1BR,1BA$2.68
60 Daly Avenue – Canadiana Apartments1 Bedroom1BR,1BA$2.26
360 Frank St. – The EdwardianOne Bedroom1BR,1BA$2.44

Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 843 Apartments for Rent in Downtown, ON with pricing that ranges from $825 to $6,000. There are also 280 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,274 to $6,000.

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 $1,274 to $6,000 with an average monthly rent of $2,522.

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 $2,195 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,575 and Four Bedroom Apartments start at $825.

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

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.

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

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.