Average Rent in Ottawa
Ottawa is one of the more rent-stable major Canadian cities right now -- here's what the data shows.
Last updated: October 2026
Quick answer
Ottawa's average asking rent for apartments and condos was $2,168/month in August 2026, per Rentals.ca's National Rent Report (published September 9, 2026) -- up 1.1% from the previous month but down 1.6% from a year earlier. That figure covers all unit sizes. CMHC's 2025 Rental Market Report (October 2025 survey, published December 11, 2025), which measures the entire existing purpose-built rental stock, put Ottawa's average 2-bedroom rent at $1,926/month, up 3.4% year-over-year, with a purpose-built vacancy rate of 3.0%.
How Ottawa compares nationally
Rentals.ca's August 2026 report named Ottawa (down 1.6% year-over-year) alongside Toronto (down 1.4%) and Montreal (down 1.1%) as the three most rent-stable major Canadian markets, in contrast to steeper annual declines in Calgary (down 4.5%), Vancouver, and Edmonton (down 4.1% each). Ottawa's rental market has been comparatively steady through 2026 rather than seeing the sharper corrections some other major cities have experienced.
Ottawa asking rents (Rentals.ca)
- Apartments and condos, all sizes: $2,168/month in August 2026, down 1.6% year-over-year
- 3-bedroom: $2,708/month in September 2026, down 1.1% year-over-year
For a 2-bedroom benchmark, CMHC's stock-wide average was $1,926/month as of its October 2025 survey. It measures what existing tenants pay, not new-listing asking rents.
Frequently Asked Questions
What is the average rent in Ottawa in 2026?
About $2,168/month in asking rent for apartments and condos of all sizes as of August 2026 (Rentals.ca), or $1,926/month for a 2-bedroom averaged across the entire existing purpose-built rental stock as of CMHC's October 2025 survey.
Is rent going up or down in Ottawa?
Asking rents were down 1.6% year-over-year as of August 2026 (Rentals.ca), while CMHC's broader stock-wide measure showed the average 2-bedroom rent still up 3.4% year-over-year as of its October 2025 survey -- the same asking-rent-versus-stock-rent gap seen in Toronto and most major Canadian cities.
What is Ottawa's rental vacancy rate?
3.0% for purpose-built rental apartments, per CMHC's 2025 Rental Market Report (October 2025 survey). Vacancy was far higher, 6.7%, among units built after 2015, while units in the lowest rent quartile stayed under 1% vacancy.
Sources
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