How many apartments are available in Ottawa, ON on Rentable.co?

Rentable.co has over 338 apartments available in Ottawa.

What is the average rent for a one-bedroom apartment in Ottawa, ON?

The average rent for a one-bedroom apartment in Ottawa is around $1,860 per month.

What is the average rent for a two-bedroom apartment in Ottawa, ON?

The average rent for a <a href='/ottawa-on/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Ottawa is around $2,290 per month.

How expensive is it to rent an apartment in Ottawa, ON?

For a two-bedroom apartment in Ottawa, the average rent price is $2,290 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Ottawa, ON?

Based on average rent prices in Ottawa, to afford a one-bedroom apartment you would need an annual household income of $74,000 to live comfortably.

Apartments in Ottawa

Ottawa:
November Rent Report

Welcome to the November 2024 Ottawa Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Ottawa rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Ottawa and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Ottawa average rent prices in the chart below.

Monthly Rent Report

$2,450

$1,840

$1,230

$610

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Ottawa Rent Prices Increase From October to November

Ottawa rent prices increased over the last month. From October to November, the city experienced a 3.68% increase for the price of a one-bedroom apartment. The rent price for a Ottawa one-bedroom apartments currently stands at $2,031.0.

When we take a look at the two-bedroom comparison from October to November, Ottawa experienced a 4.08% increase for the price of a two-bedroom apartment. The rent price for a Ottawa two-bedroom apartments currently stands at $2,375.0.

November Prices: Ottawa vs. Surrounding Areas

Rent Prices in Ottawa and Surrounding Areas

Rent prices have increased in Ottawa over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Ottawa suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Ottawa suburbs
Rents did not decrease in any of the Ottawa suburbs.

November 2024 Pricing Trends: Ottawa vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$1,400

$2,800

$4,200

$5,600

Median Rent

Ottawa Rent Prices More Affordable Than Major Cities

Rent growth in Ottawa over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Ottawa average rent prices appear to be relatively affordable for local residents.

The price for a Ottawa one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Ottawa and surrounding area rent prices, take a look at the complete data set below.

Data set for Ottawa and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.