Condos for Rent in Ottawa Centre, Ottawa, ON

Name: HOMEH Market Pulse — Ottawa Centre, Ottawa closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

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Neighbourhood in Ottawa

Ottawa Centre

lively walkable community-oriented

Ottawa Centre is a vibrant neighbourhood in Ottawa, known for its walkability and diverse amenities. It offers a mix of residential options and a lively atmosphere.

High walkability score of 99 Majority of residents are renters Good schools with an average rating of 7.2

Day to dayLivability

Walkability

out of 100 · averaged over 12 past and present listings

Average walk score reported on listings here

7.2

Schools near listings

out of 10 · averaged over 1,173 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$599,900

8% below Ottawa 16% below Ontario

In Ottawa Centre

$599,900

In Ottawa

$649,900

In Ontario

$717,000

Median monthly rent

$2,275/mo

11% below Ottawa 9% below Ontario

In Ottawa Centre

$2,275

In Ottawa

$2,550

In Ontario

$2,500

$725

Per square foot

≈ 22 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

169

Median $599,900

Condos 137 · Houses 32

For rent

105

Median $2,275

Condos 58 · Houses 47

Recently sold

Recently leased

Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Great for walking and biking
Variety of grocery stores and pharmacies
Young, dynamic population
Affordable rent compared to city median

Keep in mind

Higher median rent than some areas
Limited public transit options
Ownership rate is low

The feel of the placeLifestyle

Daily life in Ottawa Centre is lively and convenient, with many amenities within walking distance. The area is popular among young professionals and families.

Great for young professionals first-time renters families

Within the boundaryWhat's nearby

The boundary

1.2 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Pharmacies

Counted across all 1.2 km² of Ottawa Centre. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

7.5/10

Average rating of the 1 rated school in this area

Elementary

Secondary

Elgin Street Public School
Public · Grades JK–6 · Ottawa-Carleton DSB
7.5/107.3 over 5 yrs
571st of 3,045 Ontario elementary schools
370 students · EQAO 2024-2025
Glashan Public School
Public · Grades 7–8 · Ottawa-Carleton DSB
Not rated
315 students
Richard Pfaff Intermediate School
Public · Grades 6–8 · Ottawa-Carleton DSB
Not rated
Richard Pfaff Secondary Alternate Site
Public · Grades 9–12 · Ottawa-Carleton DSB
Not rated
225 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Ottawa Centre, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

11,001

Population (2021)

1.2 km²

Area

9,445

People per km²

33.9

Median age

$70,780

Median income

20%

Own their home

1.6

People per household

6,670

Households

Every age

Children (under 15)7.4%
Working age (15–64)83.1%
Seniors (65+)9.5%

What is built here

Detached houses4.7%
Semi-detached3.1%
Townhouses4.1%
Duplexes3.3%
Low-rise apartments37.7%
High-rise apartments46.7%
Other attached homes0.5%

Own or rent

20%Owners

80%Renters

Across 6,670 households

When it was built

Mostly 1960 or earlier

1960 or earlier43%
1961–198024%
1981–19907%
1991–20005%
2001–20052%
2006–20104%
2011–20159%
2016–20215%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

19.1%
Born outside Canada: 57.3%
Hold a degree or higher: 68.2%
Employment rate: 15.1%
Commute by transit: 40.8%
Commute by car: 1.6
Children per family: $61,783
Median income after tax: $88,491
Average household income: 16.8%
Living on a low income: $1,347/mo
Renters pay, per month: $2,027/mo
Owners pay, per month: $644,339
Median home value at census: 35.9%
Renters spending 30%+ of income on housing: 11.6%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 16 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry

HOMEH Market Pulse Condo apartments only Through September 2026 Deep sales history

What condos in Ottawa Centre actually rent for

At least 350 condos were leased in Ottawa Centre over the 12 months to September 2026. Half leased above $2,250 and half below, 0.3% higher than the 12 months before. A typical condo found its tenant in 25 days — 5 days quicker than a year ago.

11 of the last 12 months had at least 5 closed condos sales in Ottawa Centre. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.

Median rent: $2,250; +0.3% year over year
Days to lease: 25; 5 days quicker
Leases closed: 350; last 12 months
Rent per square foot: $3.26/mo; from 304 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.

$3,127$2,634$2,141$1,648

Jan ’24Dec ’24Oct ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,999/mo

on a $3,000 asking rent — under ask by $1

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 10.6%

From 350 leases that closed here in the last 12 months.

Rent or buy in Ottawa Centre

15.6 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$421,627

213 sales

Median rent

$2,250/mo

350 leases

Gross rental yield

6.4%

before costs

Both figures come from deals that actually closed in Ottawa Centre over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Ottawa Centre, rentals

Monthly closed leases in Ottawa Centre
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	29	$2,157	$1,850 – $2,800	22	99.4%
Aug 2026	31	$2,224	$1,800 – $2,950	32	100.0%
Jul 2026	50	$2,231	$1,984 – $2,400	20	100.0%
Jun 2026	42	$2,232	$1,950 – $2,700	17	100.0%
May 2026	35	$2,360	$1,950 – $2,663	19	100.0%
Apr 2026	25	$2,246	$1,990 – $2,850	29	100.0%
Mar 2026	32	$2,390	$2,000 – $2,900	28	100.4%
Feb 2026	19	$2,502	$2,038 – $2,900	24	100.0%
Jan 2026	16	$2,188	$1,790 – $2,900	20	100.0%
Dec 2025	19	$2,255	$1,800 – $2,600	29	100.0%
Nov 2025	23	$2,115	$1,863 – $2,300	25	99.8%
Oct 2025	29	$2,114	$1,875 – $2,733	38	100.0%
Sep 2025	29	$2,210	$1,813 – $2,506	23	100.0%
Aug 2025	37	$2,088	$1,800 – $2,550	21	100.0%
Jul 2025	37	$2,237	$1,850 – $2,733	16	100.0%
Jun 2025	31	$2,373	$1,750 – $2,990	19	100.0%
May 2025	52	$2,314	$2,000 – $2,800	26	100.0%
Apr 2025	28	$2,175	$1,869 – $2,688	38	100.0%
Mar 2025	45	$2,417	$2,000 – $2,948	42	100.0%
Feb 2025	25	$2,152	$1,913 – $2,600	47	100.0%
Jan 2025	36	$2,181	$1,885 – $2,775	49	100.0%
Dec 2024	21	$2,100	$1,770 – $2,475	29	99.4%
Nov 2024	15	$2,350	$2,250 – $2,650	13	100.0%
Oct 2024	17	$2,197	$2,100 – $2,548	29	100.0%
Sep 2024	29	$2,262	$1,975 – $2,888	30	100.0%
Aug 2024	31	$2,510	$2,088 – $2,950	27	100.0%
Jul 2024	41	$2,256	$1,950 – $2,825	24	100.0%
Jun 2024	33	$2,333	$2,075 – $2,675	19	100.0%
May 2024	22	$2,527	$2,138 – $3,025	16	100.0%
Apr 2024	21	$2,636	$2,238 – $2,950	17	100.0%
Mar 2024	26	$2,285	$1,840 – $2,750	14	100.0%
Feb 2024	16	$2,082	$1,900 – $2,500	18	100.0%
Jan 2024	5	$2,250	$2,100 – $2,700	8	97.4%

What people ask about Ottawa Centre

How much does a condo cost in Ottawa Centre?

Condos in Ottawa Centre sold for a median of $421,627 over the 12 months to September 2026, across at least 213 closed sales — half sold for more and half for less. That is 0.9% lower than the 12 months before it.

How long does it take to sell a condo in Ottawa Centre?

A condo in Ottawa Centre took a median of 39 days on the market over the 12 months to September 2026. Condos there closed at 97.3% of the asking price on average, with 5.6% selling over asking.

How much is rent for a condo in Ottawa Centre?

The median condo lease in Ottawa Centre closed at $2,250 a month over the 12 months to September 2026, across at least 350 leases.

Is it cheaper to rent or buy a condo in Ottawa Centre?

A condo in Ottawa Centre costs about 15.6 years of the rent on one — the median price of $421,627 against a median rent of $2,250 a month, a gross yield of 6.40%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Ottawa Centre on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.