Apartments for Rent in Old Ottawa East, Ottawa, ON

Old Ottawa East, Ottawa apartment availability

Old Ottawa East's rental market offers a good selection of listings, with an average of 43 rentals available each month. The majority of these listings are 1-bedroom and 2-bedroom apartments, making it a suitable neighborhood for singles, couples, and small families. Many of these apartments offer convenient amenities, including in-unit laundry, available in 81% of apartments, and outdoor space, available in 73% of apartments. Additionally, 85% of apartments have on-site laundry facilities. With its range of amenities and variety of apartment types, Old Ottawa East is a great option for renters looking for a comfortable and convenient place to call home.

Old Ottawa East, Ottawa rental market trends

Old Ottawa East's rental market experienced a modest 1.6% year-over-year increase in average rent across all property types, reaching $2,382 per month in 2024. However, this overall trend belies significant variations by bedroom count. Renters seeking 1-bedroom units faced a 21.5% surge, with average rents now standing at $2,264 per month. Similarly, 2-bedroom and 3-bedroom units saw substantial increases of 18.4% and 23.6%, respectively, with average rents reaching $2,906 and $3,583 per month. In contrast, studio apartments experienced a relatively modest 4.4% increase, with average rents now at $1,684 per month.

The most expensive month to rent in Old Ottawa East is May, with prices 14.7% higher than in February, the least expensive month. For renters looking to find a deal, February may be the best time to search, as the lower demand and prices offer a more affordable entry point into the market.

Why Old Ottawa East, Ottawa is a great place to live

We've analyzed data from recent years to understand what makes Old Ottawa East a desirable neighborhood for renters. It's clear that this area excels in two key areas: social life and environmental sustainability.

For those prioritizing eco-friendliness, Old Ottawa East stands out due to its emphasis on waste recycling and composting, high walk and transit scores, and incorporation of sustainable materials in construction. Additionally, features like rainwater harvesting, community solar projects, and low-flow fixtures contribute to a reduced environmental footprint.

The neighborhood also caters to those seeking an active social life, thanks to its well-designed street infrastructure, frequent and accessible public transit, and high safety standards. Overall, Old Ottawa East offers a unique blend of community engagement and green living, making it an attractive choice for like-minded renters.