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Home Ontario Lease Prices Ottawa August 2025
August 2025 · Ottawa

Average Rent in Ottawa — August 2025

729 confirmed residential leases in Ottawa in August 2025. Average rent $2,759/month. Mixed conditions across property types.

🏠 729 Leases 💰 Avg $2,759/mo ⏱ 50 Days on Market 📅 August 2025
Avg Lease Price $2,759/mo
Median Lease $2,650/mo
Avg Asking $2,756/mo
Lease / Ask 100.1%
Leased Over Asking 9.9%
Avg DOM 50 days
Total Leased
729
all residential
Avg Lease Price
$2,759
per month
Median Lease
$2,650
mid-point
Lease / Ask
100.1%
avg ratio
Over Asking
9.9%
of all leases
Avg DOM
50
days on market
Lease Prices by Property Type
Ottawa · August 2025
💰 Lease Price Summary
Average Lease $2,759/mo
Median Lease $2,650/mo
Avg Asking Rent $2,756/mo
Lowest Lease $1,500
Highest Lease $6,800
Lease / Ask Ratio 100.1%
📊 Market Activity
Leased over asking 9.9%
Leased at asking 77.5%
Leased under asking 12.6%
Avg Days on Market 50 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.9% over vs 12.6% under asking.
💰 Lease Price Summary
Average Lease $2,379/mo
Median Lease $2,300/mo
Avg Asking Rent $2,383/mo
Lowest Lease $1,500
Highest Lease $6,700
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 7.7%
Leased at asking 78.2%
Leased under asking 14.2%
Avg Days on Market 53 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.7% over vs 14.2% under asking.
💰 Lease Price Summary
Average Lease $3,407/mo
Median Lease $3,300/mo
Avg Asking Rent $3,395/mo
Lowest Lease $1,595
Highest Lease $6,800
Lease / Ask Ratio 100.4%
📊 Market Activity
Leased over asking 13.3%
Leased at asking 73.5%
Leased under asking 13.3%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.3% over vs 13.3% under asking.
💰 Lease Price Summary
Average Lease $2,709/mo
Median Lease $2,650/mo
Avg Asking Rent $2,711/mo
Lowest Lease $2,100
Highest Lease $4,900
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 6.3%
Leased at asking 83.7%
Leased under asking 9.9%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.3% over vs 9.9% under asking.
💰 Lease Price Summary
Average Lease $2,318/mo
Median Lease $2,250/mo
Avg Asking Rent $2,303/mo
Lowest Lease $1,575
Highest Lease $4,400
Lease / Ask Ratio 100.7%
📊 Market Activity
Leased over asking 18.5%
Leased at asking 70.8%
Leased under asking 10.8%
Avg Days on Market 61 days
Fast · 050Slow · 100+
⚖️ Balanced — 18.5% over vs 10.8% under asking.
Nearby Cities · August 2025
Average confirmed lease price across all residential property types
All Types
CityAvg LeaseMedianLease / AskDOMMarket
Carleton Place$2,686$2,800 100.1%56d⚖️ Balanced
Smiths Falls$1,700$1,700 102.0%37d⚖️ Balanced
Mississippi Mills$3,200$3,200 100.0%10d⚖️ Balanced
Russell$2,484$2,650 103.3%48d⚖️ Balanced
Clarence Rockland$2,300$2,300 100.0%65d⚖️ Balanced
The Nation$1,650$1,650 100.0%29d⚖️ Balanced
Frequently Asked Questions
Ottawa · August 2025
The average confirmed lease in Ottawa was $2,759/month in August 2025, based on 729 MLS® transactions. The median was $2,650/month. Condos averaged $2,379/mo, freehold averaged $3,407/mo, and townhouses averaged $2,709/mo.
Units in Ottawa took an average of 50 days to lease in August 2025. Freehold rentals averaged 51 days while condos averaged 53 days.
In August 2025, condos averaged $2,379/month while freehold rentals averaged $3,407/month — a difference of $1,028/month.
Ottawa averaged $2,759/month in August 2025. Mississippi Mills averaged $3,200/mo. Carleton Place averaged $2,686/mo. See the full August 2025 Ontario lease summary →

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Data note: Based on MLS® confirmed lease transaction data held in our system for Ottawa, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.

🗺 Nearby Cities
Carleton Place $2,686/mo
Smiths Falls $1,700/mo
Mississippi Mills $3,200/mo
Russell $2,484/mo
Clarence Rockland $2,300/mo
The Nation $1,650/mo
All Ontario Cities
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