435 Albert St
435 Albert St,
Ottawa, K1R 7X4
1-2 Beds | C$1,999 - C$2,600
Rental Market Trends in Ottawa, ON
What is the average rent in Ottawa, ON?
C$1,757/month
Average Rent
598 Sq Ft
Average Apartment Size
+1.1%
Increase in the Last Year
As of February 2025, the average rent in Ottawa, ON was C$1,757/month. When you rent an apartment in Ottawa, you can expect to pay as little as C$1,472 to as much as C$2,482, depending on the location and size of the apartment.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Ottawa, ON?
In the past year, rent has increased by 1.1%, which averages out to C$20 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Ottawa, ON
Last Updated February 2025
C$1,501 - C$2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below C$700/month
2%
C$700 - C$1,000/month
12%
C$1,001 - C$1,500/month
54%
C$1,501 - C$2,000/month
32%
Above C$2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Ottawa?
Based on current rent prices, East Central, Westboro and Downtown are the most affordable neighborhoods in Ottawa.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Ottawa?
Based on current rent prices, Nepean Kanata, Downtown and Westboro are the most expensive neighborhoods in Ottawa.
Neighborhood
Average Rent
Average Sq Ft
Which Ottawa neighborhoods have the most rentals available?
The neighborhoods in Ottawa with the most apartments available are Westboro, Downtown and East Central .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Ottawa, ON?
Because the average rent in Ottawa is C$1,757, you’ll want to make about C$5,856 per month or C$70,272 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Ottawa, ON compare to other nearby cities and neighborhoods?
Use the tool below to compare Ottawa, ON to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
C$1,496/month
C$1,541/month
One Bedroom
C$1,715/month
C$1,995/month
Two Bedroom
C$2,070/month
C$2,400/month
Three Bedroom
C$2,431/month
C$2,589/month
Nearby City Rent Trends
Apartment communities in Ottawa we think you'll love
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.