
Cheap Apartments for Rent in Cambridge, ON from C$1,200 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Cambridge.


Mill Run Suites
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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.

Cedarwoods Tower

Adanac Crossing
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.
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 | C$1,539 | C$1,539 | C$1,539 |
Cheap Cambridge 1 Bedroom Apartments | C$1,964 | C$1,300 | C$2,470 |
Cheap Cambridge 2 Bedroom Apartments | C$2,283 | C$1,395 | C$2,925 |
Cheap Cambridge 3 Bedroom Apartments | C$2,580 | C$2,250 | C$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: 09/10/2025Current apartment rentals in the Cambridge, ON area range in price from C$1,300 to C$3,100 with an overall median price of C$2,455. The three Cambridge neighborhoods with the lowest median rent pricing are Preston Core at C$1,300, Galt East at C$1,725, and Hespeler at C$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 |
---|---|---|---|
Preston Core | C$1,872 | C$1,300 | 6 |
Galt East | C$2,174 | C$1,725 | 10 |
Hespeler | C$2,488 | C$1,445 | 31 |
Galt West | C$2,645 | C$1,725 | 4 |
Outer Preston Core | C$3,100 | C$1,715 | 16 |
Cheapest Available Cambridge Apartments for Rent
 The cheapest available apartment rental in Cambridge, ON is a Studio unit found at 55 Woolley St in the Galt East neighborhood priced from C$1,422. Mill Run Suites in the Hespeler neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,445. Here is today’s list of the most affordable Cambridge apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
55 Woolley St | Studio | Studio,1BA | C$1,422 |
Mill Run Suites | 2S | 1BR,1BA | C$1,445 |
235 Morgan Ave | Bachelor Apartment | Studio,1BA | C$1,449 |
38 Ainslie St N | One Bedroom | 1BR,1BA | C$1,500 |
Cedarwoods Tower | 1 Bed 1 Bath B | 1BR,1BA | C$1,530 |
Best Value Apartments for Rent in Cambridge, ON
As of September 10, 2025 the best value apartment in the Cambridge area is the C$2.22 price per square foot 2 Bedroom Model at 100 Eagle Street (Rivers Edge II) in the in the Preston Core neighborhood starting from C$2,450. The second greatest value Cambridge apartment is the 2 Bedroom Model at Olympia Court Apartments starting at C$1,965 with a C$2.03 price per square foot in the Galt East 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. |
---|---|---|---|
100 Eagle Street (Rivers Edge II) | 2 Bedroom | 2BR,2BA | C$2.22 |
Olympia Court Apartments | 2 Bedroom | 2BR,1BA | C$2.03 |
Joseph's Place | 2 Bedroom | 2BR,2BA | C$2.30 |
79 Grand Ave S | One Bedroom Apartment | 1BR,1BA | C$1.91 |
Pioneer Park Apartments | 1 Bedroom | 1BR,1BA | C$2.37 |
Ravine View Apartments | 2 Beds, 1 Baths | 2BR,1BA | C$2.44 |
Cambridge Park Apartments | 1 Bedroom | 1BR,1BA | C$2.43 |
480 Dolph Street N | 1 Bedroom | 1BR,1BA | C$2.18 |
94 Beck St | One Bedroom | 1BR,1BA | C$2.44 |
Highpoint Kitchener | 1 Bed 1 Bath A | 1BR,1BA | C$2.42 |
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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 C$1,445 at Mill Run Suites.
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 C$1,845 at Skyway Estate Apartments.
What is the most affordable Cambridge Three Bedroom Apartment?
The best deal on a cheap Cambridge Three Bedroom Apartment rental is at Somerset Place and starts from C$2,535.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.