Apartments for Rent in Lower Town, Ottawa, ON

Lower Town, Ottawa apartment availability

Lower Town's rental market offers a very strong selection of listings, with an average of 162 rentals available each month. The majority of these listings are 1-bedroom apartments, followed by 2-bedroom and studio apartments. Many of these rentals are pet-friendly, with over 80% allowing small pets or having some pet restrictions in place. This makes Lower Town an attractive option for renters with furry friends. With its convenient location and variety of amenities, Lower Town is a popular choice for those looking for a place to call home in Ottawa.

Lower Town, Ottawa rental market trends

The Lower Town neighborhood in Ottawa saw a significant increase in rent prices last year, with an average monthly rent of $2,067, representing an 8.3% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $2,028 per month, a 10.3% increase from the previous year, while 2-bedrooms averaged $2,558, a 9.8% increase. Studios saw a notable 14.8% increase, with an average rent of $1,673.

In terms of seasonal fluctuations, December tends to be the most expensive month, with a 6.9% increase in rent compared to May, the month with the lowest average rent. If you're looking for a new apartment, May might be a good time to start your search, as prices are relatively lower. On the other hand, if you're looking to rent out a property, December's higher demand may be beneficial. Keep in mind that these trends can help inform your decision, whether you're a renter or a landlord.

Why Lower Town, Ottawa is a great place to live

Renters seeking a neighborhood that aligns with their values and lifestyle will find Lower Town an attractive option. Our analysis of local amenities and features reveals that this area excels in environmental sustainability and social life.

With a strong focus on eco-friendly practices, Lower Town stands out for its use of non-toxic paint, waste recycling and composting programs, rainwater harvesting, community solar projects, and incorporation of sustainable materials in construction. Additionally, the prevalence of low-flow fixtures and thermostats further underscores the neighborhood's commitment to reducing its environmental footprint.

Lower Town is also ideal for those who value a vibrant social life. The area's well-designed street infrastructure, frequent transit options, and high walk score make it easy to get around and connect with others. Shared community spaces and a strong emphasis on safety further contribute to a sense of community and social connection.