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.
| Metric | October 2025 | Year-over-year |
|---|---|---|
| Vacancy rate | 2.7% | Up from 2.0% |
| Average 2-bedroom rent | ~$1,800 | Moderate growth |
| Supply growth | Largest in ~50 years | Well above trend |
For national context, see the Canada rental market overview.
Average rent by bedroom type
| Bedroom Type | Estimated 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).
Vacancy rate trends
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 Type | Monthly Rent (asking) | Annual Cost | Income 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:
| Year | Guideline |
|---|---|
| 2020 | 2.2% |
| 2021 | 0.0% (frozen) |
| 2022 | 1.2% |
| 2023 | 2.5% |
| 2024 | 2.5% |
| 2025 | 2.5% |
- 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.
Related pages
- Canada Rental Market Data — national vacancy rates and average rent
- Toronto Rental Market — Ontario’s largest rental market
- Ottawa Housing Market — home prices and market trends
- Income in Ottawa — household income data
- Average Rent in Canada — rent comparison by city
Sources
- CMHC Rental Market Survey — Housing Market Information Portal
- CMHC 2025 Rental Market Report — December 2025
- Ontario Rent Increase Guideline — 2025 guideline