Average Rent in Ottawa in Today’s Market
Today’s average rent in Ottawa has reached $2,042, marking a 3% increase.
We are Canada’s most prominent corporate housing provider and take pride in offering luxury rental experiences in Ottawa.
Average Rent Prices for Furnished Corporate Rentals in Ottawa
Average rent in Ottawa corporate rentals costs $2,000 a month. If you’re looking for something smaller, like a 1-bedroom apartment, it’ll cost you around $1,943. A 2-bedroom apartment goes for about $2,414. If you’re considering renting a house, it’s pricier, averaging $2,650 a month.
| Apartment Type | Short-Term Average Rent | Long-Term Average Rent | Comparables |
| Studio | $1,552 | $1,500 | View |
| 1 Bedroom | $1,915 | $1,943 | View |
| 2 Bedroom | $2,424 | $2,414 | View |
| 3 Bedroom | $2,750 | $2,700 | View |
| 4 Bedroom | $2,853 | $2,800 | View |
Corporate Stays furnished apartments in Ottawa are top-notch and have everything you need.
Check out the latest listings on CorporateStays.com for your perfect spot in Ottawa and make your stay memorable.
Average Rent by Neighborhood in Ottawa
| Neighborhood | Average Rent |
| Downtown Ottawa | $2,236 |
| Sandy Hill | $1,801 |
| Golden Triangle | $1,830 |
| Kanata Lakes | $2,406 |
| Carlington | $1,963 |
| Centretown | $2,209 |
| Centretown West | $2,215 |
| Civic Hospital | $2,134 |
| Vanier | $2,050 |
| Westboro | $2,372 |
We offer competitive options that blend luxury with practicality for those looking at Ottawa’s short-term corporate housing. Meanwhile, long-term furnished rentals in Ottawa provide a seamless transition for those planning extended stays.
Comparison of Corporate Stays vs. Typical Residential Rents in Ottawa
When comparing the average rent prices of corporate furnished rentals through Corporate Stays to typical residential rents in Ottawa, it’s clear that furnished, managed properties come with a premium.
This premium covers the added comforts, furnishings, and amenities that make these properties ready to live in without the hassle of buying and moving furniture.
Here is a quick comparison:
| Rent Type | Average Monthly Rent |
| Corporate Furnished Rental (1 Bedroom) | $1,943 |
| Typical Residential Rent (1 Bedroom) | $1,600 |
| Corporate Furnished Rental (2 Bedroom) | $2,414 |
| Typical Residential Rent (2 Bedroom) | $2,100 |
If you need a personal rental solution or want updates on new listings in your preferred areas, don’t hesitate to contact a Corporate Stays representative. Sign up now for alerts and stay ahead in your search for luxury, comfort, and convenience in Ottawa.
Key Factors Influencing Rent Prices in the Corporate Rental Market Ottawa
| Economic Developments | Economic changes, like job growth or downturns, directly impact rent prices. |
| Local Business Expansions | Opening new businesses can increase demand for nearby living spaces, raising rents. |
| Seasonal Trends | Rent prices fluctuate based on the season, with higher prices in peak seasons. |
| Location | Apartments closer to downtown or key amenities often cost more. |
| Property Size and Amenities | More significant properties or those with more amenities like a gym or pool usually have higher rents. |
| Property Condition | Newer or well-maintained properties tend to fetch higher rent prices. |
| Market Demand and Supply | High demand with low availability of rentals pushes rent prices up, and vice versa. |
Historical Rent Trends in Ottawa Corporate Housing (2015–2024)
You can find the typical rent prices for furnished 1-bedroom apartments, which are popular among those looking for corporate housing, below:
| Year | Average Monthly Rent | Percentage Change from Previous Year |
| 2015 | $1,300 | +4% |
| 2016 | $1,350 | +3.8% |
| 2017 | $1,400 | +3.7% |
| 2018 | $1,450 | +3.6% |
| 2019 | $1,550 | +6.9% |
| 2020 | $1,600 | +3.2% |
| 2021 | $1,700 | +6.25% |
| 2022 | $1,850 | +8.8% |
| 2023 | $1,943 | +5.0% |
| 2024 | $2,042 | +3.0% |
The most significant increases are observed in 2019, 2021, and 2022, indicating strong market demand and limited availability.
Average Rent in Nearby Cities for Furnished Apartments
Consider exploring nearby cities with more affordable furnished apartments as an alternative to Ottawa’s corporate rental market.
| Montreal | Vancouver | Toronto | Halifax | Quebec City | Edmonton | Calgary | Winnipeg |
| $1,850 | $2,995 | $2,700 | $1,600 | $1,500 | $1,550 | $2,045 | $1,300 |