Property prices for rent in Ottawa (Ontario)

The rent prices in real estate in Ottawa, in the Ontario region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,801.67
Average price last 6 months
$37.65
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ottawa has had a strong fall during the last 6 months. In October, the average price per sq.feet was $214.78. In the following month the price per sq.feet fell considerably to $2.28. The price for the following two months in (December, January) had a considerable fall of 2 with regard to the previous two months. The price per sq.feet has had a considerable fall of 4 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $55.39 to $2.19 during February, and March.

Average price

When referring to the price in Ottawa (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,834. In November This price remains at $1,877. In the following two months the average price has hardly changed with regard to the previous two months from $1,855.5 to $1,781.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,818.5 and $1,768 between February and March.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,687 they are 12 % more affordable than the average price for Ottawa . The properties with the highest average price have 4 bedrooms, Their price is 53 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,184.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.88 / sq.feet, with an average $2.2 / sq.feet price in Ottawa. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.06 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,687 it is 9 % more affordable than the average price in Ottawa. "Duplex" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Land". At a price of $2,139 it is 47 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Duplex" at an average price of $1 / sq.feet followed by "Land" priced at $1.99 / sq.feet. "Apartment" is the most expensive type of property with a $2.64 / sq.feet value followed by "Condo" with an average price of $2.26 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Ottawa
Number of properties used in region Ontario
$1,687
$2.2
19,150
322,584
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
214 Metcalfe 1 Bedroom Apartment For Rent At 214 Metcalfe St, Ottawa, On K2p 1p7 Centretown
 20
214 Metcalfe 1 Bedroom Apartment For Rent At 214 Metcalfe St, Ottawa, On K2p 1p7 Centretown
$1,649
Ottawa, Ontario - For Rent - Apartment - 1 bedroom - 1 bathroom
Welcome to 214 metcalfe, a 32-suite heritage apartment complex located in the heart of ottawa's... On-site laundry facilities. Located in the middle of ottawa's centretown district, 214 metcalfe is walking...
307 Lebreton St South 2 Bedroom Apartment For Rent At 307 Lebreton St S, Ottawa, On K1s 4l...
 7
307 Lebreton St South 2 Bedroom Apartment For Rent At 307 Lebreton St S, Ottawa, On K1s 4l...
$1,625$1,695
Ottawa, Ontario - For Rent - Apartment - 663 sq.feet - 2 bedrooms - 1 bathroom
Quiet 29 unit pet-free & smoke-free apartment building near dow's lake, little italy and the glebe. This apartment building is conveniently located near the...
Parkwood Hills 2 Bedroom Apartment For Rent At 1343 Meadowlands Dr E, Ottawa, On K2e 7e8 H...
 14
Parkwood Hills 2 Bedroom Apartment For Rent At 1343 Meadowlands Dr E, Ottawa, On K2e 7e8 H...
$1,438
Ottawa, Ontario - For Rent - Apartment - 2 bedrooms - 1 bathroom
Spacious parkwood hills apartments in nepean, ottawa limited time offer: inquire now to learn about our special pricing. Don't miss out!* open the door to spacious and affordable suites in the heart...
Warren Arms Apartments 1 Bedroom Apartment For Rent At 222 Maclaren St, Ottawa, On K2p 0l8...
 12
Warren Arms Apartments 1 Bedroom Apartment For Rent At 222 Maclaren St, Ottawa, On K2p 0l8...
$1,376
Ottawa, Ontario - For Rent - Apartment - 604 sq.feet - 1 bedroom - 1 bathroom
Secure a spot in one of ottawa's finest rental buildings. Luxury, location convenience - immediate...
Stewart Apartments Studio Apartment For Rent At 146 Stewart St, Ottawa, On K1n 6j7 Sandy Hill
 7
Stewart Apartments Studio Apartment For Rent At 146 Stewart St, Ottawa, On K1n 6j7 Sandy Hill
$1,064
Ottawa, Ontario - For Rent - Apartment - 375 sq.feet - 1 bathroom
Situated in the upscale and prestigious neighbourhood of sandy hill, stewart towers is located five minutes from the university of ottawa and the downtown core- including the byward market and parliament...