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Home Ontario Lease Prices Ottawa October 2025
October 2025 · Ottawa

Average Rent in Ottawa — October 2025

432 confirmed residential leases in Ottawa in October 2025. Average rent $2,719/month. Mixed conditions across property types.

🏠 432 Leases 💰 Avg $2,719/mo ⏱ 46 Days on Market 📅 October 2025
Avg Lease Price $2,719/mo
Median Lease $2,600/mo
Avg Asking $2,721/mo
Lease / Ask 99.9%
Leased Over Asking 10.2%
Avg DOM 46 days
Total Leased
432
all residential
Avg Lease Price
$2,719
per month
Median Lease
$2,600
mid-point
Lease / Ask
99.9%
avg ratio
Over Asking
10.2%
of all leases
Avg DOM
46
days on market
Lease Prices by Property Type
Ottawa · October 2025
💰 Lease Price Summary
Average Lease $2,719/mo
Median Lease $2,600/mo
Avg Asking Rent $2,721/mo
Lowest Lease $1,350
Highest Lease $8,000
Lease / Ask Ratio 99.9%
📊 Market Activity
Leased over asking 10.2%
Leased at asking 72.7%
Leased under asking 17.1%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.2% over vs 17.1% under asking.
💰 Lease Price Summary
Average Lease $2,417/mo
Median Lease $2,300/mo
Avg Asking Rent $2,415/mo
Lowest Lease $1,695
Highest Lease $5,900
Lease / Ask Ratio 100.1%
📊 Market Activity
Leased over asking 9.0%
Leased at asking 76.4%
Leased under asking 14.6%
Avg Days on Market 46 days
Fast · 050Slow · 100+
⚖️ Balanced — 9% over vs 14.6% under asking.
💰 Lease Price Summary
Average Lease $3,262/mo
Median Lease $3,098/mo
Avg Asking Rent $3,270/mo
Lowest Lease $1,550
Highest Lease $8,000
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 10.5%
Leased at asking 70.2%
Leased under asking 19.4%
Avg Days on Market 47 days
Fast · 050Slow · 100+
⚖️ Balanced — 10.5% over vs 19.4% under asking.
💰 Lease Price Summary
Average Lease $2,628/mo
Median Lease $2,600/mo
Avg Asking Rent $2,627/mo
Lowest Lease $1,600
Highest Lease $4,550
Lease / Ask Ratio 100.1%
📊 Market Activity
Leased over asking 8.9%
Leased at asking 75.0%
Leased under asking 16.1%
Avg Days on Market 43 days
Fast · 050Slow · 100+
⚖️ Balanced — 8.9% over vs 16.1% under asking.
💰 Lease Price Summary
Average Lease $2,235/mo
Median Lease $2,150/mo
Avg Asking Rent $2,235/mo
Lowest Lease $1,350
Highest Lease $3,500
Lease / Ask Ratio 100.0%
📊 Market Activity
Leased over asking 13.9%
Leased at asking 66.7%
Leased under asking 19.4%
Avg Days on Market 49 days
Fast · 050Slow · 100+
⚖️ Balanced — 13.9% over vs 19.4% under asking.
Nearby Cities · October 2025
Average confirmed lease price across all residential property types
All Types
CityAvg LeaseMedianLease / AskDOMMarket
Carleton Place$2,709$2,750 99.3%41d⚖️ Balanced
Smiths Falls$2,345$2,400 100.0%48d⚖️ Balanced
Mississippi Mills$1,650$1,650 100.0%46d⚖️ Balanced
Russell$3,025$3,025 100.8%43d🔥 High Demand
Clarence Rockland$2,359$2,295 100.0%42d⚖️ Balanced
The Nation$2,033$2,000 100.0%50d⚖️ Balanced
Frequently Asked Questions
Ottawa · October 2025
The average confirmed lease in Ottawa was $2,719/month in October 2025, based on 432 MLS® transactions. The median was $2,600/month. Condos averaged $2,417/mo, freehold averaged $3,262/mo, and townhouses averaged $2,628/mo.
Units in Ottawa took an average of 46 days to lease in October 2025. Freehold rentals averaged 47 days while condos averaged 46 days.
In October 2025, condos averaged $2,417/month while freehold rentals averaged $3,262/month — a difference of $845/month.
Ottawa averaged $2,719/month in October 2025. Russell averaged $3,025/mo. Carleton Place averaged $2,709/mo. See the full October 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 $2,709/mo
Smiths Falls $2,345/mo
Mississippi Mills $1,650/mo
Russell $3,025/mo
Clarence Rockland $2,359/mo
The Nation $2,033/mo
All Ontario Cities
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