Real Estate for Rent in Carleton Square, Ottawa, ON

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Neighbourhood in Ottawa

Carleton Square

family-friendly community-oriented affordable

Carleton Square is a vibrant neighbourhood in Ottawa. It offers a mix of residential options and local amenities.

Median home price is $300,000 Average rent is $2,300 Diverse housing types available Good schools with an average rating of 5.7 Family-friendly environment

At a glance

Photo of Unit 606, 1380 Prince Of Wales Drive
For RentNew Listing
Listed for:

Listed 2 days ago

$2,480

Unit 606, 1380 Prince Of Wales Drive

Ottawa (Carleton Square), ON K2C 3N5

3Bedrooms
1Bathroom
0Parking
1K-1.2KSq Ft

Condo ApartmentFor Rent

Photo of Unit 1908, 900 Dynes Road
For RentPanoramic Views
Listed for:

Listed 8 days ago

$2,150

Unit 1908, 900 Dynes Road

Ottawa (Carleton Square), ON K2C 3L6

2Bedrooms
1Bathroom
1Parking
900-999Sq Ft

Condo ApartmentFor Rent

Photo of 924 Dynes Road
For Rent
Listed for:

Listed 10 days ago

$2,500

924 Dynes Road

Ottawa (Carleton Square), ON K2C 0G8

3Bedrooms
2Bathrooms
1Parking
1K-1.2KSq Ft

Condo TownhouseFor Rent

Photo of Unit 2309, 1380 Prince of Wales Drive
For RentWaterfront
Listed for:

Listed Sep 12, 2026

$2,550

Unit 2309, 1380 Prince of Wales Drive

Ottawa (Carleton Square), ON K2C 3N5

3Bedrooms
2Bathrooms
1Parking
1.2K-1.4KSq Ft

Condo ApartmentFor Rent

Photo of Unit 1702, 1380 Prince Of Wales Drive
For Rent
Listed for:

Listed Aug 29, 2026

$2,300

Unit 1702, 1380 Prince Of Wales Drive

Ottawa (Carleton Square), ON K2C 3N5

2Bedrooms
1Bathroom
0Parking
800-899Sq Ft

Condo ApartmentFor Rent

Photo of Unit 2, 972 Dynes Road
For RentFully Renovated
Listed for:

Listed Aug 27, 2026

$1,499

Unit 2, 972 Dynes Road

Ottawa (Carleton Square), ON K2C 0G8

1Bedroom
1Bathroom
0Parking
< 700Sq Ft

MultiplexFor Rent

Day to dayLivability

5.7

Schools near listings

out of 10 · averaged over 235 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

$300,000

54% below Ottawa 58% below Ontario

In Carleton Square

$300,000

In Ottawa

$649,900

In Ontario

$718,000

Median monthly rent

$2,300/mo

8% below Ottawa 8% below Ontario

In Carleton Square

$2,300

In Ottawa

$2,500

In Ontario

$2,500

≈ 10.9 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

19

Median $300,000

Condos 13 · Houses 6

For rent

7

Median $2,300

Condos 5 · Houses 2

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-12. 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

  • Affordable compared to Ottawa's city median
  • Strong community with a mix of families and young adults
  • Access to parks and recreational spaces
  • Proximity to secondary schools

Keep in mind

  • Limited public transit options
  • Higher renter strain percentage

The feel of the placeLifestyle

Daily life in Carleton Square is relaxed and community-focused, with families and young professionals living together. Residents enjoy local parks and shops.

Great for first-time buyers young families renters

Within the boundaryWhat's nearby

The boundary

0.4 km²

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

3

Parks

3

Playgrounds

1

Grocery stores

4

Restaurants

1

Cafés

1

Pharmacies

Counted across all 0.4 km² of Carleton Square. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.3/10

Average rating of the 1 rated school in this area

1

Secondary

  • St Pius X High School

    Independent · Grades 9–12 · Ottawa CDSB

    6.3/106.3 over 5 yrs

    338th of 742 Ontario secondary schools

    890 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Carleton Square, 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

2,627

Population (2021)

0.4 km²

Area

6,832

People per km²

30.1

Median age

$67,672

Median income

47%

Own their home

2.4

People per household

1,125

Households

Every age

  • Children (under 15)15.4%
  • Working age (15–64)69.6%
  • Seniors (65+)15.0%

What is built here

  • Detached houses0.9%
  • Semi-detached8.6%
  • Townhouses44.3%
  • Duplexes3.6%
  • Low-rise apartments3.6%
  • High-rise apartments38.9%

Own or rent

47%Owners

52%Renters

Across 1,125 households

When it was built

Mostly 1961–1980

  • 1960 or earlier7%
  • 1961–198076%
  • 1981–19908%
  • 1991–20005%
  • 2001–20050%
  • 2006–20100%
  • 2011–20150%
  • 2016–20210%

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.

30.3%
Born outside Canada
34.3%
Hold a degree or higher
48.1%
Employment rate
16%
Commute by transit
69.9%
Commute by car
2
Children per family
$61,837
Median income after tax
$81,932
Average household income
22.1%
Living on a low income
$1,280/mo
Renters pay, per month
$1,130/mo
Owners pay, per month
$303,617
Median home value at census
40.2%
Renters spending 30%+ of income on housing
24.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 4 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 Market Pulse Through September 2026 Thin sales history — read the monthly counts

What homes in Carleton Square actually rent for

20 homes were leased in Carleton Square over the 12 months to September 2026. Half leased above $2,346 and half below, 2.6% higher than the 12 months before. A typical home found its tenant in 37 days — 11 days quicker than a year ago.

Median rent
$2,346
+2.6% year over year
Days to lease
37
11 days quicker
Leases closed
20
last 12 months
Rent per square foot
$2.08/mo
from 20 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 home here differs from the next.

What renters actually paid

$3,003/mo

on a $3,000 asking rent — over ask by $3

−10%Asking rent+10%
Of the asking rent
100.1%
Leased over asking
5%

From 20 leases that closed here in the last 12 months.

Rent or buy in Carleton Square

11.9 years

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

Median sold price

$333,689

35 sales

Median rent

$2,346/mo

20 leases

Gross rental yield

8.44%

before costs

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

Every month behind these charts — Carleton Square, rentals
Monthly closed leases in Carleton Square
MonthClosedMedianMiddle halfDays% of ask
Sep 20263 Not enough leases this month to report a median
Aug 20261 Not enough leases this month to report a median
Jul 20261 Not enough leases this month to report a median
Jun 20263 Not enough leases this month to report a median
May 20263 Not enough leases this month to report a median
Apr 20262 Not enough leases this month to report a median
Mar 20262 Not enough leases this month to report a median
Feb 20262 Not enough leases this month to report a median
Dec 20253 Not enough leases this month to report a median
Sep 20253 Not enough leases this month to report a median
Aug 20251 Not enough leases this month to report a median
Jul 20252 Not enough leases this month to report a median
Jun 20251 Not enough leases this month to report a median
Apr 20252 Not enough leases this month to report a median
Mar 20253 Not enough leases this month to report a median
Feb 20252 Not enough leases this month to report a median
Jan 20251 Not enough leases this month to report a median
Nov 20241 Not enough leases this month to report a median
Oct 20241 Not enough leases this month to report a median
Sep 20241 Not enough leases this month to report a median
Aug 20243 Not enough leases this month to report a median
Jul 20242 Not enough leases this month to report a median
Jun 20242 Not enough leases this month to report a median
May 20241 Not enough leases this month to report a median
Apr 20241 Not enough leases this month to report a median
Feb 20241 Not enough leases this month to report a median

26 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about Carleton Square

How much does a home cost in Carleton Square?

Homes in Carleton Square sold for a median of $333,689 over the 12 months to September 2026, across 35 closed sales — half sold for more and half for less. That is 1.5% higher than the 12 months before it.

How long does it take to sell a home in Carleton Square?

A home in Carleton Square took a median of 56 days on the market over the 12 months to September 2026. Homes there closed at 95.8% of the asking price on average, with 2.9% selling over asking.

How much is rent in Carleton Square?

The median lease in Carleton Square closed at $2,346 a month over the 12 months to September 2026, across 20 leases.

Is it cheaper to rent or buy in Carleton Square?

A home in Carleton Square costs about 11.9 years of the rent on one — the median price of $333,689 against a median rent of $2,346 a month, a gross yield of 8.44%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Carleton Square 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 home. Not an appraisal or an opinion of value.

Condos in Carleton Square

A condo here is its own market

15 condo apartments and 3 condo townhouses are on the market in Carleton Square right now. Too few have closed here in the last year for us to publish a median we would stand behind.

Condo townhouses are a separate market again: 5 closed here at a median of $387,000.