Updated 5+ Days Ago
Location
305 Rideau St, Ottawa, ON K1N 9E5, CAN|Lower Town
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Property Overview
THEO Student Apartments is rated highly with an overall score of 8.9 from Zumper, reflecting its great value and competitive pricing. The property excels in amenities and price ratings, both scoring 10 out of 10, while its prime location garners a 9 out of 10, ensuring easy access to various conveniences. Additionally, it stands out for its quality and trustworthiness, making it a strong option for renters seeking a superior living experience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Floor plans
| 1 Bedroom Apartment | 1 bed | 1 bath | $2,180 /mo | 1 unit available | |||
| 4 Bed Shared | 4 bed | 2 bath | $1,108 /mo | 1 unit available | |||
| 4 Bed Private | 4 bed | 2 bath | $1,550 /mo | 1 unit available |
Let's explore this property.
Amenities for THEO Student Apartments
Apartment Amenities
| Electric | Furnished |
| Heat | Hot Water |
| Trash Included | Utilities Included |
| Utilities/Sewer |
Building
| Fitness Center | Garage with Bike Rack |
| No Smoking Allowed | Recreation Room |
| Residents Lounge | Video Surveillance |
Grounds
| Exercise Room | Garage Parking |
| Storage |
Services
| On-Site Management |
Neighborhood
| Convenience Store | Public Transit |
| Shopping Nearby |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Covered Lot
Surface Lot
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About THEO Student Apartments
THEO offers fully furnished student apartments near uOttawa. We have a wide variety of sizes and layouts so that you can find the best unit for you. At THEO, residents will enjoy their spacious suites with high speed internet, front-desk staff, security services, resident events and the superior common areas. Residents have full access to all amenities featuring large study spaces, music and art rooms, a basketball court, lounges, modern gym, and private areas for fun group gatherings and celebrations. Suite Features - Fully furnished with everything you will need - High speed WIFI - Washer/dryer in suite - Flat screen TV and 6 appliances - Housekeeping services - All utilities included in your rent Building Features - Restaurants and shopping at ground level - Arts and Music Room to flex your creative muscles - Boardrooms for group projects - Private study spaces when you need quiet - Fully equipped gym - Basketball court for quick pick-up games - Package Delivery Centre - Underground parking
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.9
/10
Very GoodWith a solid 8.9 out of 10 overall, THEO Student Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, THEO Student Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
THEO Student Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
THEO Student Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—furnished rental—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
THEO Student Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust THEO Student Apartments to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
THEO Student Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How THEO Student Apartments compares to other nearby properties.
Positives
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
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Rent trends in Lower Town
1-bedroom apartments here are priced 7% higher than 1-bedrooms in Lower Town.
Median rents as of Aug 8 2026.
Lower Town
Ottawa
| Month | Median Rent |
|---|---|
| August 2024 | $1,764 |
| September 2024 | $1,702 |
| October 2024 | $1,683 |
| November 2024 | $1,668 |
| December 2024 | $1,655 |
| January 2025 | $1,652 |
| February 2025 | $1,654 |
| March 2025 | $1,623 |
| April 2025 | $1,597 |
| May 2025 | $1,589 |
| June 2025 | $1,599 |
| July 2025 | $1,607 |
| August 2025 | $1,616 |
| September 2025 | $1,610 |
| October 2025 | $1,579 |
| November 2025 | $1,562 |
| December 2025 | $1,549 |
| January 2026 | $1,573 |
| February 2026 | $1,599 |
| March 2026 | $1,578 |
| April 2026 | $1,581 |
| May 2026 | $1,599 |
| June 2026 | $1,603 |
| July 2026 | $1,605 |
| August 2026 | $1,626 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,625 |
| September 2024 | $1,665 |
| October 2024 | $1,623 |
| November 2024 | $1,513 |
| December 2024 | $1,557 |
| January 2025 | $1,503 |
| February 2025 | $1,503 |
| March 2025 | $1,569 |
| April 2025 | $1,542 |
| May 2025 | $1,600 |
| June 2025 | $1,662 |
| July 2025 | $1,699 |
| August 2025 | $1,585 |
| September 2025 | $1,559 |
| October 2025 | $1,696 |
| November 2025 | $1,675 |
| December 2025 | $1,639 |
| January 2026 | $1,670 |
| February 2026 | $1,643 |
| March 2026 | $1,567 |
| April 2026 | $1,596 |
| May 2026 | $1,668 |
| June 2026 | $1,697 |
| July 2026 | $1,644 |
| August 2026 | $1,519 |
Affordability calculator
Can I afford to live at 305 Rideau St?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$87,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $87,200 annually to afford this 1-bedroom monthly rent price of $2,180.
For more information on rent affordability, visit our rent calculator.
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Internet available near THEO Student Apartments
Getting around Ottawa near 305 Rideau St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 305 Rideau St, Ottawa
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
7/10
Several cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
5/10
Some bars within a few minutes’ walk
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