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January 2026 · Ottawa
Average Rent in Ottawa — January 2026
413 confirmed residential leases in Ottawa in January 2026. Average rent $2,565/month. Mixed conditions across property types.
Avg Lease Price $2,565/mo
Median Lease $2,500/mo
Avg Asking $2,580/mo
Lease / Ask 99.4%
Leased Over Asking 7%
Avg DOM 58 days
Total Leased
413
all residential
Avg Lease Price
$2,565
per month
Median Lease
$2,500
mid-point
Lease / Ask
99.4%
avg ratio
Over Asking
7%
of all leases
Avg DOM
58
days on market
Lease Prices by Property Type
Ottawa · January 2026
💰 Lease Price Summary
Average Lease $2,565/mo
Median Lease $2,500/mo
Avg Asking Rent $2,580/mo
Lowest Lease $1,400
Highest Lease $7,950
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 7.0%
Leased at asking 73.8%
Leased under asking 19.1%
Avg Days on Market 58 days
Fast · 050Slow · 100+
⚖️ Balanced — 7% over vs 19.1% under asking.
💰 Lease Price Summary
Average Lease $2,257/mo
Median Lease $2,200/mo
Avg Asking Rent $2,268/mo
Lowest Lease $1,450
Highest Lease $4,975
Lease / Ask Ratio 99.5%
📊 Market Activity
Leased over asking 6.4%
Leased at asking 75.2%
Leased under asking 18.5%
Avg Days on Market 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.4% over vs 18.5% under asking.
💰 Lease Price Summary
Average Lease $3,160/mo
Median Lease $2,950/mo
Avg Asking Rent $3,194/mo
Lowest Lease $1,450
Highest Lease $7,950
Lease / Ask Ratio 99.0%
📊 Market Activity
Leased over asking 7.4%
Leased at asking 70.5%
Leased under asking 22.1%
Avg Days on Market 63 days
Fast · 050Slow · 100+
⚖️ Balanced — 7.4% over vs 22.1% under asking.
💰 Lease Price Summary
Average Lease $2,541/mo
Median Lease $2,550/mo
Avg Asking Rent $2,548/mo
Lowest Lease $1,450
Highest Lease $4,250
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 6.3%
Leased at asking 76.4%
Leased under asking 17.2%
Avg Days on Market 51 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.3% over vs 17.2% under asking.
💰 Lease Price Summary
Average Lease $2,134/mo
Median Lease $2,075/mo
Avg Asking Rent $2,138/mo
Lowest Lease $1,400
Highest Lease $3,200
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 9.1%
Leased at asking 69.7%
Leased under asking 21.2%
Avg Days on Market 64 days
Fast · 050Slow · 100+
⚖️ Balanced — 9.1% over vs 21.2% under asking.
Nearby Cities · January 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Carleton Place | $2,900 | $2,900 | 101.8% | 55d | 🔥 High Demand |
| Smiths Falls | $2,175 | $2,300 | 100.4% | 48d | ⚖️ Balanced |
| Mississippi Mills | $2,150 | $2,150 | 100.0% | 64d | ⚖️ Balanced |
| Russell | $2,140 | $2,150 | 100.0% | 60d | ⚖️ Balanced |
| Clarence Rockland | $1,995 | $1,995 | 100.0% | 76d | ⚖️ Balanced |
| The Nation | $1,800 | $1,800 | 100.0% | 22d | ⚖️ Balanced |
Frequently Asked Questions
Ottawa · January 2026
The average confirmed lease in Ottawa was $2,565/month in January 2026,
based on 413 MLS® transactions. The median was
$2,500/month.
Condos averaged $2,257/mo, freehold averaged $3,160/mo, and townhouses averaged $2,541/mo.
Units in Ottawa took an average of 58 days to lease in January 2026.
Freehold rentals averaged 63 days while condos averaged 57 days.
In January 2026, condos averaged $2,257/month while freehold rentals averaged $3,160/month —
a difference of $903/month.
Ottawa averaged $2,565/month in January 2026. Carleton Place averaged $2,900/mo. Smiths Falls averaged $2,175/mo. See the full January 2026 Ontario lease summary →
Looking to rent in Ottawa?
Browse available rentals or connect with a local agent who knows the rental market.
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.
