Hey there, folks! Let's take a friendly stroll through the Ottawa rental market as we dive into the data from the Ottawa Real Estate Board for the last quarter of 2023. We've got some interesting tidbits to share about inventory levels, average rental prices, and more!
Inventory Levels: First off, let's talk about the supply and demand balance in the rental market. In Q4 2023, things looked pretty steady, with just a slight uptick in available rental units towards the end of the year. Here's ho...Looking to rent a property but not quite sure where to move to? Here's how much a rental apartment or row unit would cost you per month depending on where you want to live in Ottawa. These figures are the latest figures from CMHC prepare in October of 2016.
The most expensive bachelor rental unit can be found in Nepean while the least expensive one can be found in Vanier. If you are looking for a 2 bedroom unit and want to spend the least amount of money you may want to check out the Eastern ar...