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March 2026 · Ottawa
Average Rent in Ottawa — March 2026
440 confirmed residential leases in Ottawa in March 2026. Average rent $2,551/month. Mixed conditions across property types.
Avg Lease Price $2,551/mo
Median Lease $2,500/mo
Avg Asking $2,558/mo
Lease / Ask 99.7%
Leased Over Asking 7%
Avg DOM 63 days
Total Leased
440
all residential
Avg Lease Price
$2,551
per month
Median Lease
$2,500
mid-point
Lease / Ask
99.7%
avg ratio
Over Asking
7%
of all leases
Avg DOM
63
days on market
Lease Prices by Property Type
Ottawa · March 2026
💰 Lease Price Summary
Average Lease $2,551/mo
Median Lease $2,500/mo
Avg Asking Rent $2,558/mo
Lowest Lease $1,295
Highest Lease $8,000
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 7.0%
Leased at asking 80.0%
Leased under asking 13.0%
Avg Days on Market 63 days
Fast · 050Slow · 100+
⚖️ Balanced — 7% over vs 13% under asking.
💰 Lease Price Summary
Average Lease $2,285/mo
Median Lease $2,200/mo
Avg Asking Rent $2,291/mo
Lowest Lease $1,400
Highest Lease $5,500
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 4.3%
Leased at asking 82.8%
Leased under asking 12.9%
Avg Days on Market 64 days
Fast · 050Slow · 100+
⚖️ Balanced — 4.3% over vs 12.9% under asking.
💰 Lease Price Summary
Average Lease $3,044/mo
Median Lease $2,900/mo
Avg Asking Rent $3,051/mo
Lowest Lease $1,399
Highest Lease $8,000
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 6.8%
Leased at asking 77.7%
Leased under asking 15.5%
Avg Days on Market 63 days
Fast · 050Slow · 100+
⚖️ Balanced — 6.8% over vs 15.5% under asking.
💰 Lease Price Summary
Average Lease $2,540/mo
Median Lease $2,600/mo
Avg Asking Rent $2,547/mo
Lowest Lease $1,970
Highest Lease $4,250
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 8.2%
Leased at asking 78.7%
Leased under asking 13.1%
Avg Days on Market 57 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.2% over vs 13.1% under asking.
💰 Lease Price Summary
Average Lease $2,074/mo
Median Lease $1,950/mo
Avg Asking Rent $2,083/mo
Lowest Lease $1,295
Highest Lease $3,500
Lease / Ask Ratio 99.6%
📊 Market Activity
Leased over asking 12.8%
Leased at asking 74.4%
Leased under asking 12.8%
Avg Days on Market 79 days
Fast · 050Slow · 100+
⚖️ Balanced — 12.8% over vs 12.8% under asking.
Nearby Cities · March 2026
Average confirmed lease price across all residential property types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Carleton Place | $2,675 | $2,550 | 100.0% | 57d | ⚖️ Balanced |
| Smiths Falls | $2,262 | $2,400 | 100.0% | 42d | ⚖️ Balanced |
| Russell | $2,084 | $1,900 | 100.1% | 77d | ⚖️ Balanced |
| Clarence Rockland | $2,317 | $2,700 | 100.0% | 88d | ⚖️ Balanced |
Frequently Asked Questions
Ottawa · March 2026
The average confirmed lease in Ottawa was $2,551/month in March 2026,
based on 440 MLS® transactions. The median was
$2,500/month.
Condos averaged $2,285/mo, freehold averaged $3,044/mo, and townhouses averaged $2,540/mo.
Units in Ottawa took an average of 63 days to lease in March 2026.
Freehold rentals averaged 63 days while condos averaged 64 days.
In March 2026, condos averaged $2,285/month while freehold rentals averaged $3,044/month —
a difference of $759/month.
Ottawa averaged $2,551/month in March 2026. Carleton Place averaged $2,675/mo. Clarence Rockland averaged $2,317/mo. See the full March 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.
