Ottawa rent prices drop 3 per cent in November

.

The average cost to rent an apartment in Ottawa dropped $36 a month in November, as rental rates dropped across Canada.

A new report from Rentals.ca and Urbanation shows the average cost to rent an apartment in Ottawa was $2,171 a month in November, down from $2,207 in October and $2,220 in September.

The average rent for a one-bedroom apartment was $2,019 in Ottawa in November, down from $2,045 a month in October.

Average rents for a bachelor apartment in Ottawa were $1,661 in November ($1,674 in October and $1,722 in September), and $2,511 for a two-bedroom apartment ($2,536 in October and $2,570 in September).

Ottawa's average rent was $2,238 in November 2023, with a one-bedroom costing $2,112 a month.