
Cheap Apartments for Rent in Caledon, ON from $1,300 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Caledon.


181 King St E

16 William St

16069 Airport Rd

35 Bredin

Mill Place Apartments

Embassy Apartments
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.

50 Second Avenue

Riverview Court Apartments

Orange Manor Apartments

1 First Av

First Street Towns

76 Maple Ave

70 Second Av
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.
Caledon, ON Local Guide

How much does it cost to rent an apartment in Caledon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Caledon 1 Bedroom Apartments | $1,686 | $1,495 | $2,050 |
| Cheap Caledon 2 Bedroom Apartments | $1,845 | $1,595 | $2,245 |
| Cheap Caledon 3 Bedroom Apartments | $5,378 | $2,695 | $6,852 |
| Cheap Caledon 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
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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 Studio unit found at Embassy Apartments in the Wellington Region neighborhood priced from $1,375. 35 Bredin in the Wellington Region neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,839. Here is today’s list of the most affordable Caledon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Embassy Apartments | Bachelor | Studio,1BA | $1,375 |
| 35 Bredin | 2 Beds, 1 Bath | 2BR,1BA | $1,839 |
| 50 Second Avenue | Bachelor/Studio, 1 Bathroom | Studio,1BA | $1,847 |
| Parkland Village | 2 Bedroom | 2BR,1BA | $1,995 |
| Mill Place Apartments | 1 Bedroom | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in Caledon, ON
As of April 13, 2026 the best value apartment in the Caledon area is the $2.85 price per square foot 1 Bedroom Model at Mill Place Apartments in the in the Wellington Region neighborhood starting from $1,995. The second greatest value Caledon apartment is the 1 Beds, 1 Baths Model at 35 Bredin starting at $1,952 with a $3.55 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 | $2.85 |
| 35 Bredin | 1 Beds, 1 Baths | 1BR,1BA | $3.55 |
| Embassy Apartments | Bachelor | Studio ,1BA | $2.78 |
| 50 Second Avenue | Bachelor/Studio, 1 Bathroom | Studio ,1BA | $4.02 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.