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Rental Market Trends in Ottawa, IL

What is the average rent in Ottawa, IL?

$732/month

Average Rent

605 Sq Ft

Average Apartment Size

+4.6%

Increase in the Last Year

As of March 2026, the average rent in Ottawa, IL is $732 per month. This is 55% lower than the national average rent of $1,627/month, making renting in Ottawa more affordable than most cities in the US. When you rent an apartment in Ottawa, you can expect to pay about $825 per month for a studio, $732 for a one-bedroom apartment, and around $1,046 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,670 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$825/month
475 Sq Ft
One Bedroom
$732/month
605 Sq Ft
Two Bedroom
$1,046/month
805 Sq Ft
Three Bedroom
$1,670/month
950 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Ottawa, IL?

In the past year, rent has increased by 4.6%, which averages out to $34 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Ottawa, IL
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Ottawa, IL
Percentage*
Rent Range
20% Below $700/month
40% $700 - $1,000/month
40% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Ottawa, IL?

Because the average rent in Ottawa is $732, you’ll want to make about $2,440 per month or $29,280 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Ottawa, IL

28 Available Apartments for Rent

Search for Nearby Apartments

How does Ottawa, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Ottawa, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Ottawa, IL

Apartment Averages

Apartment communities in Ottawa we think you'll love

Cedar Crossing Apartments

Cedar Crossing Apartments

1200 Germania Dr,
Ottawa, IL 61350

$825 - $1,195

Studio - 2 Beds

3 Dogwood Wy

3 Dogwood Wy

3 Dogwood Wy,
Ottawa, IL 61350

$3,500 Total Monthly Price

3 Beds | 12 Month Lease

519 W Superior St

519 W Superior St

519 W Superior St,
Ottawa, IL 61350

$1,400

2 Beds

1352 Illinois Ave

1352 Illinois Ave

1352 Illinois Ave,
Ottawa, IL 61350

$1,250 Total Monthly Price

2 Beds | 12 Month Lease

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United States Illinois Ottawa Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity