
Cheap Apartments for Rent in Cambridge, ON from $600 (87 Rentals)
Search the lowest-cost Apartments available for rent right now in Cambridge.


1025 King St E

Mill Run Suites

Cambridge Park Apartments

Total Monthly Price
Woodside Avenue Apartments

25 Wauchope Ave

Olympia Court Apartments

15 & 245 Lena Crescent

38 Concession St

35 Water St S
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.

Cornerstone Lofts

66 Munch Ave

66 Munch Ave

48 Clarence St

48 Clarence St

141 Linnwood Ave

141 Linnwood Ave

55 Woolley St

116 Zieman Crescent

102 Kribs St
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.

102 Kribs St

102 Kribs St

102 Kribs St

143 Baggs Crescent

143 Baggs Crescent

Skyway Estate Apartments

Cedar Towers

40 Lena Crescent

20 Dickson St

116 Zieman Crescent
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.

20 Dickson St

716 Westminster Dr S

716 Westminster Dr S

Klotz Apartments

Galt View Apartments

Park Lane Towers Apartments

267 Clyde Rd

930 Eagle St N

Grandview Tower

The Diplomat 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.

408 Dundas St S

408 Dundas St S

17 Victoria Ave

17 Victoria Ave

57 Beverly St

57 Beverly St

130 Brown St

130 Brown St

Woodside Avenue Apartments

Brierdale Road Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Cambridge, ON Local Guide

How much does it cost to rent an apartment in Cambridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Cambridge Studio Apartments | $1,586 | $1,514 | $1,695 |
| Cheap Cambridge 1 Bedroom Apartments | $1,892 | $800 | $2,300 |
| Cheap Cambridge 2 Bedroom Apartments | $2,299 | $1,695 | $2,800 |
| Cheap Cambridge 3 Bedroom Apartments | $2,240 | $1,900 | $2,677 |
| Cheap Cambridge 4 Bedroom Apartments | $7,908 | $7,908 | $7,908 |
Browse Top Apartments in Cambridge
See all Apartments in CambridgeExplore Cambridge
Cambridge, ON Local Guide
- Cambridge Neighborhoods
- Nearby Cities
Cheapest Neighborhoods for Apartments in Cambridge, ON
Pricing Updated: 06/09/2026Current apartment rentals in the Cambridge, ON area range in price from $800 to $7,908 with an overall median price of $3,456. The three Cambridge neighborhoods with the lowest median rent pricing are Galt West at $800, Preston Core at $1,200, and Hespeler at $1,445. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Cambridge Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Galt West | $2,030 | $800 | 8 |
| Preston Core | $2,085 | $1,200 | 6 |
| Hespeler | $2,615 | $1,445 | 11 |
| Outer Preston Core | $2,645 | $1,509 | 14 |
| Galt East | $7,908 | $800 | 27 |
Cheapest Available Cambridge Apartments for Rent
 The cheapest available apartment rental in Cambridge, ON is a 1 Bed unit found at 1025 King St E in the Preston Core neighborhood priced from $1,200. Cedarwoods Tower in the Kitchener North East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,465. Here is today’s list of the most affordable Cambridge apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,200 |
| Cedarwoods Tower | 1 Bed 1 Bath B | 1BR,1BA | $1,465 |
| Cambridge Park Apartments | 1 Bedroom | 1BR,1BA | $1,509 |
| Evoke | A4 - Studio BF | Studio,1BA | $1,514 |
| Adanac Crossing | Studio | Studio,1BA | $1,539 |
| 80 Kinzie Ave | 1 Bedroom | 1BR,1BA | $1,549 |
| Skyway Estate Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,585 |
| Cedar Towers | 1 Bedroom | 1BR,1BA | $1,595 |
| Olympia Court Apartments | 1 Bedroom | 1BR,1BA | $1,615 |
| Klotz Apartments | 1 Bedroom | 1BR,1BA | $1,627 |
Best Value Apartments for Rent in Cambridge, ON
As of June 09, 2026 the best value apartment in the Cambridge area is the $1.56 price per square foot 2 Bedroom Townhouse Model at Cambridge Court in the in the Outer Preston Core neighborhood starting from $2,399. The second greatest value Cambridge apartment is the Two Bedroom Model at 94 Beck St starting at $1,725 with a $1.78 price per square foot in the Preston Core neighborhood. Here is today’s list of the best values for Cambridge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cambridge Court | 2 Bedroom Townhouse | 2BR,2.5BA | $1.56 |
| 94 Beck St | Two Bedroom | 2BR,1BA | $1.78 |
| Joseph's Place | 2 Bedroom | 2BR,2BA | $2.32 |
| 79 Grand Ave S | One Bedroom Apartment | 1BR,1BA | $1.91 |
| Green Valley Tower | 1 Bedroom | 1BR,1BA | $1.99 |
| Highpoint Kitchener | 2 Bed 1 Bath A | 2BR,1BA | $1.99 |
| Cambridge Park Apartments | 1 Bedroom | 1BR,1BA | $1.99 |
| Cedar Towers | 1 Bedroom | 1BR,1BA | $2.28 |
| Olympia Court Apartments | 1 Bedroom | 1BR,1BA | $2.32 |
| 80 Kinzie Ave | 1 Bedroom | 1BR,1BA | $2.23 |
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.
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!
Explore Cambridge, ON Rentals by Map
See the most popular apartments and homes in Cambridge, ON
Frequently Asked Questions about Cheap Cambridge Apartments
What is a cheap apartment in Cambridge?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cambridge is under $1,627.
What is the price of a cheap apartment in Cambridge?
The cheapest apartment in Cambridge is 1025 King St E which is listed at $1,200, while the average apartment in Cambridge costs $3,456.
What types of apartments are the cheapest in Cambridge?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Cambridge that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Cambridge?
Cheap apartments in Cambridge have an average cost of $1,495 which is $1,961 cheaper than the average rent for all rentals in Cambridge.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.