Cheap Homes for Rent in Downtown Neighborhood of Ottawa, ON from $1,400 (69 Rentals)

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

property at 331 Catherine St

$1,600 - $1,999

Studio To 1 Bedroom Rentals

Available Now

331 Catherine St

OttawaONK1R 5T4

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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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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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.

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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.

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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.

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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 Sandy Hill Apartments priced from $1,329. 425 Elgin has the second lowest priced unit, which is a Studio apartment currently listed from $1,329. Here are the most affordable Downtown apartments for rent in Ottawa, ON:

Apartment ListingModel NameBed/BathPriced From
Sandy Hill ApartmentsMedium BachelorStudio,1BA$1,329
425 ElginStudio Promotion for 8 MonthsStudio,1BA$1,329
335 Cooper St. – The CarillonBachelorStudio,1BA$1,399
149 MacLarenStudio Promotion for 8 MonthsStudio,1BA$1,399
MacConnor Apartments1 Bed 1 Bath1BR,1BA$1,400
Cooper Ave1 Bed, 1 bath1BR,1BA$1,400
214 Metcalfe214 Metcalfe St - Plan BStudio,1BA$1,449
Somerset Manor/ Le Quai D'OrsayBachelorStudio,1BA$1,450
Wentworth PlazaBachelorStudio,1BA$1,459
135 MacLarenStudio Promotion for 8 MonthsStudio,1BA$1,479

Best Value Apartments for Rent in Downtown, ON

As of February 28, 2026 the best value apartment in the Downtown area is the $2.54 price per square foot Four Bedroom Model at Royal Court Apartments in the in the Downtown neighborhood starting from $2,799. The second greatest value Downtown apartment is the 2 Bedrooms Model at 435 Albert St. – Domaine 435 starting at $2,450 with a $2.29 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.
Royal Court ApartmentsFour Bedroom4BR,2BA$2.54
435 Albert St. – Domaine 4352 Bedrooms2BR,2BA$2.29
Bona Vista ApartmentsSmall Two Bedroom2BR,2BA$2.03
360 Frank St. – The EdwardianTwo Bedroom2BR,1BA$2.28
Clarendon Lanes1 Bedroom plus Den 1 Bathroom1BR,1BA$2.46
60 Daly Avenue – Canadiana Apartments2 Bedroom2BR,1BA$2.29
The Citadel Apartments1A1BR,1BA$2.53
Cartier Square Apartments1 Bed, 1 bath1BR,1BA$2.38
225 MacLaren225 MacLaren St - Plan N1BR,1BA$2.72
Cooper Ave1 Bed, 1 bath1BR,1BA$2.80

Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 804 Apartments for Rent in Downtown, ON with pricing that ranges from $795 to $5,500. There are also 190 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,499 to $11,000.

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 $1,499 to $11,000 with an average monthly rent of $3,586.

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 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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.