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Ottawa Rental Market Data 2026 | Average Rent & Vacancy Rates

Updated

Ottawa rental market data

Ottawa’s rental market saw a significant shift in 2025 as the capital experienced its largest rise in new rental supply in almost 50 years. The vacancy rate climbed to 2.7% from 2.0%, creating a more balanced market for tenants.

As the seat of the federal government, Ottawa benefits from stable public-sector employment that provides a reliable demand base for rental housing.

Data source: CMHC Rental Market Survey (October 2025), published December 2025. This is the most recent CMHC rental data available — the survey is conducted once per year every October. Next update expected December 2026.
MetricOctober 2025Year-over-year
Vacancy rate2.7%Up from 2.0%
Average 2-bedroom rent~$1,800Moderate growth
Supply growthLargest in ~50 yearsWell above trend

For national context, see the Canada rental market overview.

Average rent by bedroom type

Bedroom TypeEstimated Average (purpose-built)Asking Rent (listings)
Studio~$1,250~$1,500
1 Bedroom~$1,500~$1,850
2 Bedroom~$1,800~$2,300
3 Bedroom+~$2,050~$2,600

Ottawa 2-bedroom purpose-built rents (~$1,800) are roughly 12% cheaper than Toronto (~$2,046) and about 14% cheaper than Vancouver (~$2,100), while significantly higher than Edmonton (~$1,500).

Ottawa’s vacancy rate has moved between tight and balanced over the past decade:

Ottawa CMA Vacancy Rate — Purpose-Built Rentals (2015–2025)

The vacancy rate peaked during the pandemic (2020–2021) as remote work shifted demand, then tightened before easing again in 2025 as record new supply hit the market.

Rent affordability in Ottawa

Bedroom TypeMonthly Rent (asking)Annual CostIncome Needed (30% rule)Ottawa Median HHI
1 Bedroom~$1,850$22,200$74,000~$119,000
2 Bedroom~$2,300$27,600$92,000~$119,000

With a median household income in Ottawa of approximately $119,000, a typical household spends roughly 23% of gross income on a 2-bedroom apartment — comfortably below the 30% affordability threshold.

Use our rent affordability calculator for a personalized estimate.

Ontario rent control rules (Ottawa)

Ottawa follows Ontario’s rent increase guidelines:

YearGuideline
20202.2%
20210.0% (frozen)
20221.2%
20232.5%
20242.5%
20252.5%
  • Pre-November 2018 buildings are subject to the annual guideline
  • Post-November 2018 buildings are exempt from rent control
  • 90 days notice required for any rent increase
  • Landlords can apply for above-guideline increases for capital expenditures

Key market drivers

Record new supply: CMHC noted Ottawa experienced “the largest rise in new rental supply in the city in almost 50 years,” which eased the vacancy rate from 2.0% to 2.7%.

Public sector stability: The federal government remains Ottawa’s largest employer, providing a steady baseline of rental demand even during economic downturns.

Gatineau spillover: Renters seeking lower prices often look across the river to Gatineau, QC, which offers notably cheaper rents and is accessible via public transit.

Student demand: The University of Ottawa and Carleton University generate significant student rental demand in the Centretown and Sandy Hill neighbourhoods.

Ottawa rental market outlook and tips

2026 outlook: Ottawa’’s rental market is influenced heavily by federal government employment cycles. Vacancy rates of approximately 2.5% reflect steady demand from government workers, diplomats, and university students (University of Ottawa, Carleton, Algonquin). New light rail (Confederation Line extensions) has expanded desirable areas beyond the traditional downtown core.

Renting in Ottawa: practical tips:

  • Gatineau option: Across the river in Quebec, Gatineau offers rents 20–30% lower than comparable Ottawa units with easy bus and car access to federal government buildings. Note: Quebec tenant protections and language rules apply
  • LRT Corridor: Confederation Line and Trillium Line stations have become rental hotspots; units within walking distance of O-Train stations command premiums but offer car-free commuting
  • Federal employment stability: Ottawa’’s economy is more recession-resistant than most Canadian cities due to government employment; this supports consistent rental demand and limits vacancy spikes during economic downturns
  • Ontario rent control: Units occupied before November 15, 2018 are subject to Ontario’’s 2.5% annual guideline; newer downtown condo rentals are exempt

Frequently asked questions

Is Ottawa or Gatineau better for renters? Gatineau offers lower rents and strong tenant protections (Quebec’’s TAL system). The tradeoffs are language (primarily French-speaking community and services), Quebec provincial income taxes (higher than Ontario), and perception issues. For bilingual renters comfortable with French, Gatineau offers excellent value with quick access to Ottawa employers.

Ottawa rental market by neighbourhood

NeighbourhoodAvg 1BRCharacterO-Train
Centretown~$1,800Downtown, walkableConfederation Line
Westboro~$1,850Trendy, boutiquesConfederation Line
Glebe~$1,900Upscale, canal-sideTrillium Line nearby
Hintonburg~$1,750Artsy, growingConfederation Line
Barrhaven~$1,600Suburban, familyTrillium Line
Kanata~$1,650Tech hub, suburbanBus/future LRT
Gatineau (QC)~$1,400French, across riverSTO bus

Sources

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