
Cheap Apartments for Rent in Cambridge, ON from $1,000 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Cambridge.


Mill Run Suites
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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 | $1,540 | $1,514 | $1,595 |
| Cheap Cambridge 1 Bedroom Apartments | $1,962 | $1,095 | $2,440 |
| Cheap Cambridge 2 Bedroom Apartments | $2,267 | $1,395 | $2,870 |
| Cheap Cambridge 3 Bedroom Apartments | $2,492 | $2,140 | $3,100 |
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Cambridge, ON Local Guide
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Cheapest Neighborhoods for Apartments in Cambridge, ON
Pricing Updated: 10/26/2025Current apartment rentals in the Cambridge, ON area range in price from $1,095 to $3,100 with an overall median price of $2,350. The three Cambridge neighborhoods with the lowest median rent pricing are Preston Core at $1,095, Galt West at $1,595, and Galt East at $1,595. 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 | $2,140 | $1,095 | 2 |
| Galt West | $2,200 | $1,595 | 7 |
| Galt East | $2,350 | $1,595 | 8 |
| Hespeler | $2,410 | $1,445 | 20 |
| Outer Preston Core | $2,650 | $1,750 | 17 |
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 $1,095. Mill Run Suites in the Hespeler neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,445. 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 | $1,095 |
| Mill Run Suites | 2S | 1BR,1BA | $1,445 |
| 235 Morgan Ave | Bachelor Apartment | Studio,1BA | $1,449 |
Best Value Apartments for Rent in Cambridge, ON
As of October 26, 2025 the best value apartment in the Cambridge area is the $2.10 price per square foot 2 Bedroom Model at 100 Eagle Street (Rivers Edge II) in the in the Preston Core neighborhood starting from $2,325. The second greatest value Cambridge apartment is the 2 Bedrooms Model at Rivers Edge I (200 Eagle Street) starting at $2,450 with a $2.22 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. |
|---|---|---|---|
| 100 Eagle Street (Rivers Edge II) | 2 Bedroom | 2BR,2BA | $2.10 |
| Rivers Edge I (200 Eagle Street) | 2 Bedrooms | 2BR,1BA | $2.22 |
| Olympia Court Apartments | 2 Bedroom | 2BR,1BA | $2.03 |
| Adanac Crossing | 2 Bedroom + Den | 2BR,1BA | $2.23 |
| Green Valley Towers | 1 Bedroom | 1BR,1BA | $1.99 |
| Cedarwoods Tower | 2 Bed 1 Bath A | 2BR,1BA | $2.13 |
| Cedarpoint Apartments | 2 Bed 1 Bath C | 2BR,1BA | $2.26 |
| Pioneer Park Apartments | 1 Bedroom | 1BR,1BA | $2.24 |
| Cambridge Park Apartments | 1 Bedroom | 1BR,1BA | $2.30 |
| Grandview Tower | 1 Bedroom | 1BR,1BA | $2.37 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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
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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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
How much is rent for a Cheap One Bedroom Cambridge Apartment?
The lowest price for a Cheap One Bedroom Cambridge Apartment is $1,095 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 $1,799 at Adanac Crossing.
What is the most affordable Cambridge Three Bedroom Apartment?
The best deal on a cheap Cambridge Three Bedroom Apartment rental is at Highpoint Kitchener and starts from $2,345.
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.

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.

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.




