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$1,395 - $1,4751 to 2 Bedroom Apartments Available Now
1025 King St E
1025 King St ECambridge, ON N3H 3P5
Cheap Apartments for Rent in Cambridge, ON from $600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Cambridge.
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$1,445 - $2,8951 to 2 Bedroom Apartments Contact Us For Availability
Mill Run Suites
16 Queen St WCambridge, ON N3C 1G1
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$1,4751 Bedroom Apartments Available Now
931-932 Caledonian Vw
931-932 Caledonian VwCambridge, ON N3H 1A5
9 Todd St
CambridgeONN1R 1G6
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.
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$1,499 - $1,5571 to 3 Bedroom Apartments
Woodside Avenue Apartments
133-143 Woodside AveCambridge, ON N1S 3X5
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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.
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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 | $1,563 | $1,504 | $1,745 |
| Cheap Cambridge 1 Bedroom Apartments | $1,849 | $1,445 | $2,280 |
| Cheap Cambridge 2 Bedroom Apartments | $2,170 | $1,395 | $2,895 |
| Cheap Cambridge 3 Bedroom Apartments | $2,415 | $2,063 | $3,100 |
Browse Top Apartments in Cambridge
See all Apartments in CambridgeExplore Cambridge
Cambridge, ON Local Guide
- Cambridge Neighborhoods
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Cheapest Neighborhoods for Apartments in Cambridge, ON
Pricing Updated: 12/10/2025Current apartment rentals in the Cambridge, ON area range in price from $1,395 to $3,100 with an overall median price of $2,386. The three Cambridge neighborhoods with the lowest median rent pricing are Galt West at $1,500, Preston Core at $1,395, and Galt East at $1,619. 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 | $1,850 | $1,500 | 5 |
| Preston Core | $2,235 | $1,395 | 7 |
| Galt East | $2,350 | $1,619 | 9 |
| Hespeler | $2,395 | $1,445 | 14 |
| Outer Preston Core | $3,100 | $1,500 | 6 |
Cheapest Available Cambridge Apartments for Rent
The cheapest available apartment rental in Cambridge, ON is a 1 Bed unit found at Cornerstone Lofts in the Galt East neighborhood priced from $699. 1025 King St E in the Preston Core neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,475. Here is today’s list of the most affordable Cambridge apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cornerstone Lofts | Studio | 1BR,1BA | $699 |
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,475 |
| 931-932 Caledonian Vw | 1 Bedroom Model | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Cambridge, ON
As of December 10, 2025 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 2 Bedrooms Model at Rivers Edge I (200 Eagle Street) starting at $2,425 with a $2.19 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 |
| Rivers Edge I (200 Eagle Street) | 2 Bedrooms | 2BR,1BA | $2.19 |
| 100 Eagle Street (Rivers Edge II) | 2 Bedroom | 2BR,2BA | $2.22 |
| Fairview Towers | 2 Bedroom | 2BR,1.5BA | $1.83 |
| Olympia Court Apartments | 2 Bedroom | 2BR,1BA | $2.03 |
| Cedarpoint Apartments | 2 Bed Den 1 Bath H | 2BR,1BA | $2.12 |
| 15 & 245 Lena Crescent | N1 | 1BR,1BA | $2.16 |
| 55 Woolley St | 2 Bedroom | 2BR,1BA | $2.07 |
| 207 Moore St | 2 Bedroom - 1 Bath + Family Space | 2BR,1BA | $2.16 |
| Cambridge Park Apartments | 1 Bedroom | 1BR,1BA | $2.13 |
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.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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.
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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 $1,650.
What is the price of a cheap apartment in Cambridge?
The cheapest apartment in Cambridge is Cornerstone Lofts which is listed at $699, while the average apartment in Cambridge costs $2,386.
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 2 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 $275 which is $2,111 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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.