Apartments for Rent in Overbrooke, Ottawa, ON

Overbrooke, Ottawa apartment availability

Overbrooke's rental market offers a good selection of listings, with an average of 27 rentals available each month in 2024. The majority of these rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom units and studios also available. Many of these apartments are pet-friendly, with over 62% allowing pets, making Overbrooke a great option for renters with furry friends. With a range of amenities and a variety of unit types, Overbrooke is a neighborhood worth considering for those looking for a rental in Ottawa.

Overbrooke, Ottawa rental market trends

The Overbrooke neighborhood in Ottawa saw a decline in average monthly rent by about 5% last year, settling at approximately $2,094. 1-bedrooms averaged around $1,821 per month, a decrease of nearly 4% from the previous year. In contrast, 2-bedrooms experienced a more significant drop of about 16% to an average of $2,213, while 3-bedrooms saw a modest 2% increase to $2,935. Studio apartments, however, witnessed a substantial 21% rise to $1,375.

The rental market in Overbrooke tends to fluctuate throughout the year, with March typically being the most expensive month. Rents in March are about 28% higher compared to December, the month with the lowest average rent. If you're looking for a new apartment, consider searching during the winter months, particularly in December, when prices are lower. Conversely, be prepared for higher prices and potentially more competition in the spring, especially in March.

Why Overbrooke, Ottawa is a great place to live

Overbrooke stands out as a top choice for renters prioritizing environmental sustainability and social living. According to 2024 data, apartments in this neighborhood often feature eco-friendly elements such as non-toxic paint, sustainable materials, rainwater harvesting, and low-flow fixtures, making it an ideal spot for those seeking a green lifestyle. Additionally, Overbrooke's high walk score and transit score, combined with its community solar projects, further enhance its environmental appeal. The neighborhood's social scene is also thriving, thanks to its well-designed street infrastructure, frequent transit options, and strong safety record, making it easy for residents to get out and connect with friends and community.