Real Estate News

Here's how much it costs to rent an apartment in Ottawa

There was some good news for renters in Ottawa this summer as the cost to rent a one-bedroom apartment dropped in June, but rental rates jumped for a two-bedroom apartment.

The monthly rental report from Rentals.ca and Urbanation shows the average rent for an apartment or condominium in Ottawa was $2,199 in June, down from $2,239 in May.

A one-bedroom apartment rented for $1,993 in June, down from $1,994 in May and $2,016 in April.

The cost to rent a two-bedroom apartment averaged $2,578 in June, up from $2,239 in May.

While the average rent in Ottawa was down in June, the report shows Ottawa saw the highest year-over-year average increase in rental rates amongst major Canadian cities.

Rental rates have increased one per cent in Ottawa from June 2024, when average rent was $2,179 and a one-bedroom cost $1,989.

Rentals.ca and Urbanation say average rents in Ottawa have increased 15 per cent over the past three years.

Vancouver has the highest average rent in Canada at $2,830 a month, with a one-bedroom costing an average of $2,537.

Toronto has the second-highest rental rates in Canada, at $2,587. A one-bedroom costs $2,308 a month in Toronto in June.

The average monthly rent in Kingston was $1,965 in June, down from $2,076 a month in May. The cost of a one-bedroom apartment was $1,873 in Kingston last month.

In Gatineau, the average monthly rent was $1,938 in June, with a one-bedroom costing $1,724 a month.

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