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City in Ontario

Condos for rent under $700K in Ottawa

366 condos in Ottawa are listed for rent under $700K, which is 26% of everything for rent. The most active neighbourhoods are Lower Town - Sandy Hill and Ottawa Centre.

community-oriented active diverse

1,017,449 people lived in Ottawa at the 2021 Census, in 407,130 households. 64% of households owned their home and 36% rented. The most common homes were single-detached houses (42%) and row houses (21%). 44% of homes were built before 1981, and 14% since 2011. 77% of commuters went to work by car and 11% by public transit.

Population of 1,017,449 High walkability score of 95

Ottawa, Ontario

Condos for Rent in Ottawa Under $700K

Day to dayLivability

Walkability

out of 100 · averaged over 98,864 past and present listings

Average walk score reported on listings here

6.5

Schools near listings

out of 10 · averaged over 98,864 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

$649,900

9% below Ontario

In Ottawa

$649,900

In Ontario

$716,900

Median monthly rent

$2,500/mo

On par with Ontario

In Ottawa

$2,500

In Ontario

$2,499

$511

Per square foot

≈ 21.7 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

4,013

Median $649,900

Houses 2,773 · Condos 1,240

For rent

1,402

Median $2,500

Houses 921 · Condos 481

Recently sold

Recently leased

Market data as of 2026-08-16. 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

Strong community feel
Many parks for outdoor activities
Good walkability for daily errands
Diverse housing options

Keep in mind

Median home prices are above provincial average
Higher rental prices than provincial median

The feel of the placeLifestyle

Daily life in Ottawa is active and community-focused, with access to parks and amenities. The city has a mix of urban and suburban living.

Great for first-time buyers families young professionals

Within the boundaryWhat's nearby

The boundary

2,864.4 km²

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

1,210

Parks

2,224

Playgrounds

Transit stations

144

Grocery stores

1,022

Restaurants

455

Cafés

356

Gyms

Libraries

284

Pharmacies

Counted across all 2,864.4 km² of Ottawa. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

6.4/10

Average rating of the 261 rated schools in this area

367

Elementary

117

Secondary

St. Isabel Catholic Elementary School
Public · Grades JK–6 · Ottawa CDSB
9.8/10
25th of 3,045 Ontario elementary schools
325 students · EQAO 2024-2025
Stephen Leacock Public School
Public · Grades JK–6 · Ottawa-Carleton DSB
9.8/109.2 over 5 yrs
25th of 3,045 Ontario elementary schools
500 students · EQAO 2024-2025
W. Erskine Johnston Public School
Public · Grades JK–6 · Ottawa-Carleton DSB
9.5/109.2 over 5 yrs
42nd of 3,045 Ontario elementary schools
745 students · EQAO 2024-2025
St. Gabriel Elementary School
Independent · Grades JK–6 · Ottawa CDSB
9.3/108.5 over 5 yrs
53rd of 3,045 Ontario elementary schools
195 students · EQAO 2024-2025
St Anne Elementary School
Independent · Grades JK–6 · Ottawa CDSB
9.1/108.2 over 5 yrs
77th of 3,045 Ontario elementary schools
595 students · EQAO 2024-2025
Hopewell Avenue Public School
Public · Grades JK–8 · Ottawa-Carleton DSB
9.0/108.5 over 5 yrs
91st of 3,045 Ontario elementary schools
740 students · EQAO 2024-2025

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

1,017,449

Population (2021)

2,788.2 km²

Area

365

People per km²

41.3

Median age

$113,190

Median income

64%

Own their home

2.6

People per household

407,130

Households

Every age

Children (under 15)16.4%
Working age (15–64)66.7%
Seniors (65+)16.9%

What is built here

Detached houses41.7%
Semi-detached5.3%
Townhouses21.4%
Duplexes1.8%
Low-rise apartments10.5%
High-rise apartments18.9%

Own or rent

64%Owners

36%Renters

Across 407,130 households

When it was built

Mostly 1961–1980

1960 or earlier16%
1961–198028%
1981–199015%
1991–200011%
2001–20057%
2006–20107%
2011–20157%
2016–20218%

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.

25.9%
Born outside Canada: 41.4%
Hold a degree or higher: 59.3%
Employment rate: 10.8%
Commute by transit: 76.8%
Commute by car: 1.8
Children per family: $96,039
Median income after tax: $132,182
Average household income: 9.2%
Living on a low income: $1,586/mo
Renters pay, per month: $1,517/mo
Owners pay, per month: $636,979
Median home value at census: 27.2%
Renters spending 30%+ of income on housing: 10%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 1,392 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, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about condos for rent under $700K in Ottawa

How many condos in Ottawa rent for under $700K?

366 condos in Ottawa are listed for rent under $700K today, 26% of the 1,402 homes for rent. Their median rent is $2,300/mo.

All rentals in Ottawa

What kind of condo can I rent in Ottawa for under $700K?

Under $700K, Ottawa has condo apartments (366) for rent. Most have 1 to 2 bedrooms.

Condos for rent in Ottawa

Keep looking

More Rentals in Ottawa

1,402 homes are for rent in Ottawa. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.