
Cheap Apartments for Rent in Caledon, ON from $1,400 (71 Rentals)
Search the lowest-cost Apartments available for rent right now in Caledon.


7 Vinewood Rd

54 Pembrook St

54 Pembrook St

3 Cross Country Blvd

3 Cross Country Blvd

106 Benadir Ave

106 Benadir Ave

100 Emerald Coast Trl

45 Stewardship Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

15 Sugarcane Ave

15 Sugarcane Ave

17 Merrybrook Trail

17 Merrybrook Trail

22 Townley Crescent

156 Twin Pines Cres

156 Twin Pines Cres

22 Townley Crescent

29 Marshmarigold Dr

29 Marshmarigold Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

15 Sugarcane Ave

15 Sugarcane Ave

10 Growler St.

10 Growler St.

239 Brisdale Dr

21 Exhibition Cres

21 Exhibition Cres

15 Wellington Rd 124, Unit Apt #14

15 Wellington Rd 124, Unit Apt #14

306 Buick Blvd
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

306 Buick Blvd

92 Robert Parkinson Dr

92 Robert Parkinson Dr

2 Wandering Trail Dr

2 Wandering Trail Dr

28 Manzanita Cres

28 Manzanita Cres

74 Colonel Bertram Rd

74 Colonel Bertram Rd

Embassy Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

29 Cape Dorset Crescent

29 Cape Dorset Crescent

84 2nd St, Unit 102

84 2nd St, Unit 102

66 Townley Crescent

66 Townley Crescent

35 Brixham Ln

35 Brixham Ln

510 Edenbrook Hill Dr

510 Edenbrook Hill Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Caledon, ON Local Guide

How much does it cost to rent an apartment in Caledon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Caledon Studio Apartments | $1,595 | $1,595 | $1,595 |
| Cheap Caledon 1 Bedroom Apartments | $1,495 | $1,495 | $1,495 |
| Cheap Caledon 2 Bedroom Apartments | $2,628 | $2,197 | $3,188 |
| Cheap Caledon 3 Bedroom Apartments | $6,172 | $5,207 | $6,779 |
| Cheap Caledon 4 Bedroom Apartments | $7,718 | $6,294 | $10,000+ |
Browse Top Apartments in Caledon
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Caledon, ON Local Guide
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Cheapest Available Caledon Apartments for Rent
 The cheapest available apartment rental in Caledon, ON is a 1 Bed unit found at Embassy Apartments in the Wellington Region neighborhood priced from $1,745. 50 Second Avenue in the Wellington Region neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,847. Here is today’s list of the most affordable Caledon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Embassy Apartments | One Bedroom | 1BR,1BA | $1,745 |
| 50 Second Avenue | Bachelor/Studio, 1 Bathroom | Studio,1BA | $1,847 |
| 35 Bredin | 1 Beds, 1 Baths | 1BR,1BA | $1,952 |
| Mill Place Apartments | 1 Bedroom | 1BR,1BA | $2,080 |
Best Value Apartments for Rent in Caledon, ON
As of July 15, 2026 the best value apartment in the Caledon area is the $2.97 price per square foot 1 Bedroom Model at Mill Place Apartments in the in the Wellington Region neighborhood starting from $2,080. The second greatest value Caledon apartment is the One Bedroom Model at Embassy Apartments starting at $1,745 with a $2.51 price per square foot in the Wellington Region neighborhood. Here is today’s list of the best values for Caledon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mill Place Apartments | 1 Bedroom | 1BR,1BA | $2.97 |
| Embassy Apartments | One Bedroom | 1BR,1BA | $2.51 |
| 35 Bredin | 1 Beds, 1 Baths | 1BR,1BA | $3.55 |
| 50 Second Avenue | Bachelor/Studio, 1 Bathroom | Studio ,1BA | $4.02 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.