Cheap Apartments for Rent in Cambridge, ON from $1,200 (74 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cambridge.

property at 25 Wauchope Ave
$1,595
1 To 2 Bedroom Rentals
Available Now
Affordability

25 Wauchope Ave

CambridgeONN1R 1A6
property at 310 Christopher Dr
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Furnished

310 Christopher Dr

CambridgeONN1P 1B4
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311 Clyde Road
$1,427 - $1,797Studio to 3 Bedroom Apartments

311 Clyde Road

311 Clyde RdCambridge, ON N1R 1L5
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Tiger Lofts Cambridge
$1,495 - $1,695Studio to 1 Bedroom Apartments

Tiger Lofts Cambridge

35 Water St SCambridge, ON N1R 8R9
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Grandview Tower
$1,5491 to 2 Bedroom Apartments

Grandview Tower

180 S Grand StCambridge, ON N1S 3V6
  • Utilities Included
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67 Avenue Rd
$1,550 - $1,8001 to 2 Bedroom Apartments

67 Avenue Rd

67 Avenue RdCambridge, ON N1R 2Z9
  • Utilities Included
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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.

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55 Woolley St
$1,593 - $2,199Studio to 3 Bedroom Apartments

55 Woolley St

55 Woolley StCambridge, ON N1R 5J7
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Galt View Apartments
$1,6101 to 3 Bedroom Apartments

Galt View Apartments

531 Franklin BlvdCambridge, ON N1R 5Z2
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The Diplomat Apartments
$1,650 - $1,699Studio to 2 Bedroom Apartments

The Diplomat Apartments

219 St Andrews StCambridge, ON N1S 1N4
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Woodside Avenue Apartments
$1,699 - $1,8751 to 2 Bedroom Apartments

Woodside Avenue Apartments

133-143 Woodside AvCambridge, ON N1S 4M6
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Duke Apartments
$1,699 - $2,0991 to 3 Bedroom Apartments

Duke Apartments

1250 Duke StCambridge, ON N3H 3V7
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14 Spruce St
$1,725 - $1,9251 to 2 Bedroom Apartments

14 Spruce St

14-18 Spruce StCambridge, ON N1R 4K1
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94 Beck St
$1,7251 to 2 Bedroom Apartments

94 Beck St

94 Beck StCambridge, ON N3H 2Y2
  • Utilities Included
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240 Southwood Dr
$1,7491 to 3 Bedroom Apartments

240 Southwood Dr

240 Southwood DrCambridge, ON N1S 3S6
  • Utilities Included

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.

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79 Grand Ave S
$1,749Studio to 3 Bedroom Apartments

79 Grand Ave S

79 Grand Ave SCambridge, ON N1S 2L8
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115 Hexam St
$1,775 - $2,2002 to 3 Bedroom Apartments

115 Hexam St

115 Hexam StCambridge, ON N3H 4A1
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Brierdale Road Apartments
$1,7991 to 2 Bedroom Apartments

Brierdale Road Apartments

25-45 Brierdale RdCambridge, ON N1R 7K2
  • Utilities Included
property at 225 Old Carriage Dr
$1,525 - $1,875
1 To 2 Bedroom Rentals
Available Now
Affordability

225 Old Carriage Dr

KitchenerONN2P 1H5

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.

Cambridge, ON Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, ON

Pricing Updated: 09/08/2026

Current apartment rentals in the Cambridge, ON area range in price from $1,200 to $8,002 with an overall median price of $2,309. The three Cambridge neighborhoods with the lowest median rent pricing are Galt West at $1,937, Preston Core at $1,950, and Galt East at $2,150. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Cambridge Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Galt West$1,937$1,6495
Preston Core$1,950$1,2003
Galt East$2,150$1,72516
Outer Preston Core$2,384$1,59518
Hespeler$2,525$1,90019

Cheapest Available Cambridge Apartments for Rent

 

The cheapest available apartment rental in Cambridge, ON is a Studio 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 $1,200. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cornerstone LoftsPrivate RoomStudio,1BA$699
1025 King St E1 Bedroom1BR,1BA$1,200
Cedarwoods Tower1 Bed 1 Bath B1BR,1BA$1,320
Highpoint Kitchener1 Bed 1 Bath A1BR,1BA$1,420
311 Clyde RoadBachelorStudio,1BA$1,427
Tiger Lofts Cambridge0 Bedroom(s)Studio,1BA$1,495
67 Avenue RdOne Bedroom1BR,1BA$1,550
55 Woolley St1 Bedroom1BR,1BA$1,593
Galt View Apartments1 Beds, 1 Baths1BR,1BA$1,610
Park Lane Towers Apartments1 Beds, 1 Baths1BR,1BA$1,645

Best Value Apartments for Rent in Cambridge, ON

As of September 08, 2026 the best value apartment in the Cambridge area is the $2.01 price per square foot A1 Model at Lexington Grand in the in the Kitchener North East neighborhood starting from $2,235. The second greatest value Cambridge apartment is the 2 Bedroom Model at Joseph's Place starting at $2,099 with a $2.20 price per square foot in the Kitchener North East neighborhood. Here is today’s list of the best values for Cambridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lexington GrandA11BR,1BA$2.01
Joseph's Place2 Bedroom2BR,2BA$2.20
235 Morgan AveTwo Bedroom Apartment2BR,1BA$1.98
85 Green Valley Drive1 Bedroom1BR,1BA$1.99
Cedarpoint Apartments2 Bed 1 Bath E2BR,1BA$2.20
Adanac Crossing2 Bedroom2BR,1BA$2.07
Cambridge Court1 Bedroom Townhouse1BR,1BA$2.16
Greenbrier Place Apartments1 Bedroom1BR,1BA$2.31
55 Woolley St1 Bedroom1BR,1BA$2.38
Highpoint Kitchener1 Bed 1 Bath A1BR,1BA$2.18

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Cambridge Apartments

How much is rent for a Cheap One Bedroom Cambridge Apartment?

The lowest price for a Cheap One Bedroom Cambridge Apartment is $1,200 at 1025 King St E.

What is the lowest price for a Cheap Two Bedroom Cambridge Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cambridge is starting from $1,695 at Cedarwoods Tower.

What is the most affordable Cambridge Three Bedroom Apartment?

The best deal on a cheap Cambridge Three Bedroom Apartment rental is at 1220 Hamilton St and starts from $2,000.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.