With Square Yards Canada, you can explore ideal properties in Ottawa. Search for your options 221 rental condo apartment, 12 townhouse condos for rent, 2 rental townhouse, office space for lease, 19 detached and 7 semi-detached houses for rent in Ottawa.
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In Ottawa, the housing stock is split between owners, who live primarily in single detached homes that occupy the majority of the City's land, and renters, who live primarily in apartments concentrated in transit-accessible districts. Between 2016 and 2018, the number of rental units on the market increased by about 1%, but the population of people living in rental housing increased at a greater rate of 2.9% during the same time period. Due to this, apartment rents increased by 7.8% over that period, home rents increased by 7.8% over that period, and home rents increased by 11.3%.
The increase in rent is due to the population growing more quickly than the housing supply, earnings generally rising, and in some regions, the quick expansion of short-term rentals as an alternative usage. Rental stock market report for Ottawa. The geographic concentration of rental housing mirrors the geographic concentration of the households under pressure to find affordable accommodation. Currently, 40% of households are renters, and it is anticipated that number will go up in the long run.
For those seeking for a property in a large city that is less expensive than most, Ottawa has historically been a favourite. However, that is currently altering. The lack of housing in the city is currently causing bidding wars for buyers and increasing rent prices. Before it gets better, this scenario is simply going to grow worse. Given that, if you're having problems locating a place in the city, you might want to seek outside of Ottawa itself for choices.
Since 2016, rentals have increased significantly for the City of Ottawa, jumping by 11.2% for detached homes and 7.8% over a two-year period for apartments. Consequently, the typical rent for a three-bedroom home rose from $1,547 in 2016 to $1,737 in 2018.
When examining particular home types, geographic analysis of typical rentals in the City of Ottawa reveals consistent trends. However, Ottawa offers an intriguing contrast in that some suburban areas exhibit relatively expensive rental markets – Kanata/Stittsville, for example, has higher rental costs than downtown neighbourhoods like the Glebe. Rents are typically higher near the downtown core and in areas close to public transportation.
Top neighbourhoods with the best rentals in Ottawa are listed below:
| Neighbourhoods | Avg. Rental Price ($) |
| Glebe | 1,519 |
| Sandy Hill | 1,216 |
| Centretown | 1,650 |
| Little Italy | 1,550 |
| Nepean | 2,000 |
| New Edinburgh | 1,234 |
| Wellington West | 1,500 |
| Westboro | 1,500 |
| Kanata | 1,559 |
Not all living arrangements are created equal, just as not all housing possibilities are. Your house must accommodate your demands and way of life. To discover the ideal fit, look through the choices below.
Are you moving to Ottawa but lack furniture? Ottawa furnished apartments for rent offer a wide range of choices for you. Ask for fresh photos and information on the property's amenities because not all furniture is of the same calibre. The average rent for furnished rentals ranges from $2,000 to $ 3,500.
One of Canada's fastest-growing cities, Ottawa, has experienced rapid expansion. Every area of the city has apartments for rent in Ottawa, so choose your preferred neighbourhood and start looking. One can find a good un-furnished apartment in Ottawa at an average rent of $1,000 to $2,500.
Currently, $1,679 is the average monthly rent for a 1-bedroom apartment in Ottawa, Ontario. Comparing this to the prior year, there has been a 14% increase. The typical rent for a studio apartment in Ottawa stayed unchanged over the previous month. One-bedroom apartments saw a -1% decline in average rent to $1,679, while two-bedroom apartments saw no change in average rent.
Best areas/communities for rental properties in Ottawa are listed below:
The city of Ottawa was designed to be particularly pet-friendly. Every neighbourhood has access to parks and recreational places. Look through Ottawa's pet-friendly apartments to locate the perfect one for your requirements. Always enquire about the landlord's pet policies to avoid unpleasant surprises later.
...One can search for homes to rent in Ottawa, ON, on squareyards.ca
There are 379+ houses available for rent in Ottawa, ON.
No, the house rental prices aren’t going down in Ottawa. Rather, they have increased by 8% in the past few months.
The rent in Ottawa for a month ranges from $900 to $4,598.
In Ottawa, a landlord can raise the rent by 1.2% once in 12 months.
Yes, one can easily rent a property for 1 year in Ottawa.
The average annual flat rent in Ottawa is $1679.
There are 22,500+ rent units available in Ottawa housing.
There are 675+ detached/semi-detached for rent available in Ottawa.
With Square Yards Canada, you can explore ideal properties in Ottawa. Search for your options 221 rental condo apartment, 12 townhouse condos for rent, 2 rental townhouse, office space for lease, 19 detached and 7 semi-detached houses for rent in Ottawa.
Unearth the hidden gems of Ottawa's municipalities, each showcasing a captivating real estate personality. Find your dream haven among the 103+ Lease listings available. Immerse yourself in the unique charm of each neighborhood, from Gloucester to Cumberland and beyond. Whether you seek modern convenience or friendly neighborhoods, discover your perfect place with prices ranging from $1K to $5K.
| Locality | Min Rent | Max Rent | Avg Listed Rent | Property Count |
|---|---|---|---|---|
| Gloucester | $2K | $5K | $4K | 39 |
| Nepean | $1K | $3K | $2K | 28 |
| Kanata | $2K | $3K | $3K | 8 |
| West Carleton | $2K | $3K | $3K | 2 |
| Rideau | $1K | $1K | $1K | 1 |
| Cumberland | $2K | $2K | $2K | 1 |
Find your perfect property match in Ottawa! From charming offices to expansive condo-townhouses, we boast a wide variety of properties for Lease to suit every taste and budget. Whether you're a first-time buyer or a seasoned investor, Ottawa offers an exciting selection of properties priced between $1K and $5K. Start your real estate journey in Ottawa today!
| Property Type | Min Rent | Max Rent | Avg Listed Rent | Property Count |
|---|---|---|---|---|
| Office | $1K | $5K | $3K | 88 |
| Commercial | $3K | $4K | $3K | 25 |
| Single Family Homes | $2K | $5K | $3K | 23 |
| Detached | $2K | $5K | $3K | 12 |
| Condo-Apartment | $1K | $2K | $2K | 9 |
| Townhouse | $2K | $3K | $2K | 4 |
| Condo-Townhouse | $2K | $3K | $2K | 3 |
Dive into the diverse bedroom offerings in Ottawa's real estate market. From intimate 1-bedroom escapes to grand estates boasting 5+ bedrooms, the possibilities are endless. Discover a variety of properties, including 1-bedroom, 2-bedroom, 3-bedroom, and beyond. Whether you're a budget-conscious buyer or seeking ultimate luxury, the price range stretching from $1K to $5K ensures a perfect fit for your financial goals.
| Unit Type | Min Rent | Max Rent | Avg Listed Rent | Property Count |
|---|---|---|---|---|
| 1-bedroom | $1K | $2K | $1K | 6 |
| 2-bedroom | $2K | $3K | $2K | 5 |
| 3-bedroom | $2K | $4K | $2K | 8 |
| 4-bedroom | $2K | $4K | $3K | 7 |
| 5-bedroom | $3K | $5K | $4K | 2 |
Looking for a property in Ottawa that aligns with your budget? Look no further! We have a wide range of listings available, starting from under $1K and going all the way up to under $7K. Explore 103+ properties for Lease and discover the diverse market that Ottawa has to offer.
| Budget | From | To | Property Count |
|---|---|---|---|
| Under 1 Million | $1K | $7K | 163 |
| Under 500 Thousand | $1K | $7K | 163 |
| Under 100 Thousand | $1K | $7K | 163 |
| Under 70 Thousand | $1K | $7K | 163 |
| Under 50 Thousand | $1K | $7K | 163 |
| Under 30 Thousand | $1K | $7K | 163 |
| Under 10 Thousand | $1K | $7K | 163 |
| Under 9 Thousand | $1K | $7K | 163 |
| Under 8 Thousand | $1K | $7K | 163 |
| Under 7 Thousand | $1K | $5K | 162 |
