Top 9 Locations for Affordable Housing in Ottawa
If you’re on the hunt for affordable housing in Ottawa, finding the right fit can be overwhelming.
In this article, we’ll break down each neighborhood’s housing prices and cost of living so you can easily find the perfect fit for your lifestyle and budget.
The most affordable housing in Ottawa can be found in Lassiter Terrace, Linden
Walk, Beacon Heights, Heron Gate, Quarries, Ledbury, Sheffield Glen, Cyrville, and Manor Park South.
These neighborhoods were included because the housing prices of each one are below the city’s average housing price of $621,291 and the monthly cost of living of $1,254.85.
Lassiter Terrace
Lassiter Terrace offers the cheapest housing out of all the neighborhoods on this list, with its median home value of only $260,801. It’s ideally located near several parks, a shopping center, and schools and is not too far from the Ottawa River.
Aside from the massive savings from the cheap housing options, the average cost of living in this neighborhood is 12% lower than the average of $1,254.85 at $1,104.268 per month.
So if you’re a student or a family in need of affordable housing first & foremost, Lassiter Terrace has the most affordable rates and a good location that’s near key areas.
Linden Walk
Linden Walk is the second most affordable housing option in Ottawa at $262,350 for the median home value. It’s situated just beside Patterson Creek and Rideau Canal, so it’s perfect if you like biking, running, or any other outdoor activities.
The average cost of living in Linden Walk is 11% lower than the city average of $1,254.85, amounting to around $1,116.817 monthly without rent. It’s also situated close to schools, shops, restaurants, and parks.
If you’re fond of the restaurants and other shops at The Glebe, Linden Walk has to be the best affordable alternative. For reference, the average cost of housing in the Glebe is $1,043,800.
Beacon Heights
The third most affordable housing option in Ottawa is Beacon Heights, with an average median home value of $276,344. According to the statistics, housing prices in Beacon Heights are 54% lower than the city average, which is $621,291.
What’s more, the average cost of living without rent is 11% lower than Ottawa as a whole at only $1,116.817 monthly, just like Linden Walk.
Aside from being near several parks and schools, it’s also not too far from the Ottawa River, where you can enjoy activities like biking or boating.
Heron Gate
Heron Gate is the fourth most affordable housing option in Ottawa, at only $286,246 for the median house value. It’s situated along the southeast end of the city, and located in this area are a few parks, a school, a supermarket, and a community center.
Much like the previous locations discussed, Heron Gate’s monthly cost of living is also 11% lower than the city average of $1,254.85, which amounts to $1,116.817 per month.
As for housing costs, it boasts real estate prices 52% lower than Ottawa as a whole, amounting to $621,291.
If you’d like to do some much-needed shopping with all the money you saved from cheaper housing costs, the main shopping area in this region is Herongate Mall.
Quarries
Quarries is the fifth most affordable housing option in Ottawa, with a median house value of only $289,492. With housing costs reaching as low as 52%, it’s objectively one of the most affordable neighborhoods in Ottawa.
What’s more, the average monthly cost of living without rent is 10% lower than the city average of $1,254.85, amounting only to approximately $1,129.365 monthly.
It’s situated just a few minutes walk away from some parks and less than a 5 min drive away from schools like Collège La Cité. Additionally, it’s very near the NRC National Science Library and the National Research Council Canada.
Ledbury
Ledbury is the sixth most affordable housing option in Ottawa, with a median house value of $321,183. Housing in Ledbury is generally around 47% lower than the overall city average of $621,291.
As for the monthly cost of living, on average, it’s also 10% lower than Ottawa as a whole ($1,254.85), meaning it’s around $1,129.365 per month as well.
The area is littered with parks, schools, a recreation center, and restaurants that are only a quick walk or a short drive away.
Sheffield Glen
Sheffield Glen is the seventh most affordable housing option in Ottawa, with a median house value of $326,523. In percentages, this neighborhood’s housing prices are 46% lower than Ottawa’s as a whole, which is approximately $621,291.
You won’t have much trouble with the cost of living either because it’s 10% lower than Ottawa’s average of $1,254.85, which is approximately $1,129.36 per month.
Located along southeast Ottawa, it’s more commonly known as Southvale by Ottawans but is known as Sheffield Glen on maps.
Cyrville
Cyrville is the eighth most affordable housing option in Ottawa, with a median house value of only $341,563. This area enjoys housing prices that are 43% lower than the city average of $621,291.
Additionally, the cost of living in this neighborhood is also 9% lower than Ottawa’s $1,254.85, amounting to around $1,141.91 a month. Cyrville is situated close to various hotels, shops, restaurants, and parks.
Manor Park South
Manor Park South is the ninth most affordable housing option in Ottawa, with a median house value of $351,122. On average, you’ll find housing costs in this area to be generally around 42% lower than the city’s average prices of approximately $621,291.
The cost of living is also 9% lower than the city average of $1,254.85, which is around $1,141.91 per month, give or take. Of all the locations included in this list, Manor Park South has the most expensive housing costs.
But overall, it’s still much more affordable than the city’s average price of $621,291, making it one of the most affordable places to settle in Ottawa.