38 Ainslie St N
CambridgeONN1R 3J5
Cheap Apartments for Rent in Cambridge, ON from $600 (83 Rentals)
Search the lowest-cost Apartments available for rent right now in Cambridge.
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$1,200 - $1,3451 Bedroom Apartments Available Now
1025 King St E
1025 King St ECambridge, ON N3H 3P5
1003 Elgin St N
CambridgeONN1R 8J4
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$1,445 - $2,4501 to 2 Bedroom Apartments Contact Us For Availability
Mill Run Suites
16 Queen St WCambridge, ON N3C 1G1
9 Todd St
CambridgeONN1R 1G6
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$1,535 - $1,724
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,535 - $1,724
Total Monthly Price
$1,535 - $1,724
Woodside Avenue Apartments
133-143 Woodside AveCambridge, ON N1S 3X5
145 Cambridge St
CambridgeON
57-57 Albert St
CambridgeONN1R 3M9
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$1,615 - $1,8951 to 2 Bedroom Apartments Available Now
Olympia Court Apartments
72 Alison AveCambridge, ON N1R 1N2
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$1,670 - $2,390Studio to 2 Bedroom Apartments Available Now
15 & 245 Lena Crescent
15-245 Lena CresCambridge, ON N1R 1A2
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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$1,679 - $2,1991 to 2 Bedroom Apartments Available Jun 1
Cambridge Park Apartments
95 Cambridge StCambridge, ON N1R 3S2
35 Water St S
CambridgeONN1R 3C7
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$699Studio to 2 Bedroom Apartments
Cornerstone Lofts
38 Ainslie St NCambridge, ON N1R 3J5
66 Munch Ave
CambridgeONN1R 0B9
66 Munch Ave
CambridgeONN1R 0B9
318 Dolph St S
CambridgeONN3H 2C2
318 Dolph St S
CambridgeONN3H 2C2
1130 King St E
CambridgeONN3H 3P6
1130 King St E
CambridgeONN3H 3P6
40 John St
CambridgeONN1S 2V4
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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$1,450 - $1,749Studio to 3 Bedroom Apartments
79 Grand Ave S
79 Grand Ave SCambridge, ON N1S 2L8
40 John St
CambridgeONN1S 2V4
442 Woods Ln
CambridgeONN3H 5J4
442 Woods Ln
CambridgeONN3H 5J4
48 Clarence St
CambridgeONN3C 1K9
48 Clarence St
CambridgeONN3C 1K9
245 Church St S
CambridgeONN3H 1W7
245 Church St S
CambridgeONN3H 1W7
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$1,560 - $2,1151 to 3 Bedroom Apartments
Skyway Estate Apartments
235 Bishop St SCambridge, ON N3H 2L3
14 Lidstone St
CambridgeONN1T 0G4
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.
14 Lidstone St
CambridgeONN1T 0G4
806 Duke St
CambridgeONN3H 3T9
806 Duke St
CambridgeONN3H 3T9
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$1,6271 to 3 Bedroom Apartments
480 Dolph Street North
480 Dolph St NCambridge, ON N3H 2A7
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$1,635 - $1,7701 to 3 Bedroom Apartments
Galt View Apartments
531 Franklin BlvdCambridge, ON N1R 5Z2
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$1,635 - $1,8701 to 2 Bedroom Apartments
Park Lane Towers Apartments
204 Hespeler RdCambridge, ON N1R 3H3
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$1,6491 to 2 Bedroom Apartments
Brierdale Road Apartments
25-45 Brierdale RdCambridge, ON N1R 7K2
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$1,6491 to 2 Bedroom Apartments
Grandview Tower
180 S Grand StCambridge, ON N1S 3V6
32 Mayo Ave
CambridgeONN1T 2E8
32 Mayo Ave
CambridgeONN1T 2E8
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.
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$1,650 - $1,699Studio to 2 Bedroom Apartments
The Diplomat Apartments
219 St Andrews StCambridge, ON N1S 1N4
50 Wellington St
CambridgeONN1R 3Y7
159 Hahn Ave
CambridgeONN3C 3B2
408 Dundas St S
CambridgeONN1R 8H7
408 Dundas St S
CambridgeONN1R 8H7
50 Wellington St
CambridgeONN1R 3Y7
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$1,679 - $2,199Studio to 3 Bedroom Apartments
55 Woolley St
55 Woolley StCambridge, ON N1R 5J7
24 Baintree Way
CambridgeONN1T 2H3
24 Baintree Way
CambridgeONN1T 2H3
118 Taylor Ave
CambridgeONN1R 7J5
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,918 | $800 | $2,250 |
| Cheap Cambridge 2 Bedroom Apartments | $2,242 | $1,500 | $2,800 |
| Cheap Cambridge 3 Bedroom Apartments | $2,454 | $2,062 | $2,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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: 04/25/2026Current apartment rentals in the Cambridge, ON area range in price from $800 to $2,900 with an overall median price of $2,299. The three Cambridge neighborhoods with the lowest median rent pricing are Galt West at $800, Preston Core at $1,200, and Galt East at $800. 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 | $800 | 6 |
| Preston Core | $2,108 | $1,200 | 5 |
| Galt East | $2,350 | $800 | 26 |
| Hespeler | $2,520 | $1,445 | 19 |
| Outer Preston Core | $2,667 | $1,250 | 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 $1,200. Evoke in the Hespeler neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,387. 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 |
| Evoke | A1 - Studio | Studio,1BA | $1,387 |
| 79 Grand Ave S | Bachelor Apartment | Studio,1BA | $1,450 |
| Skyway Estate Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,560 |
| Olympia Court Apartments | 1 Bedroom | 1BR,1BA | $1,615 |
| Galt View Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,635 |
| Park Lane Towers Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,635 |
| 15 & 245 Lena Crescent | N4 | Studio,1BA | $1,670 |
| Cedarwoods Tower | 2 Bed 1 Bath A | 2BR,1BA | $1,715 |
| Adanac Crossing | 1 Bedroom | 1BR,1BA | $1,720 |
Best Value Apartments for Rent in Cambridge, ON
As of April 25, 2026 the best value apartment in the Cambridge area is the $2.18 price per square foot 2 Bedroom Model at Saginaw Gardens in the in the Outer Preston Core neighborhood starting from $2,250. The second greatest value Cambridge apartment is the 2 Bedroom Model at Pioneer Park Apartments starting at $1,995 with a $2.00 price per square foot in the Kitchener South 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. |
|---|---|---|---|
| Saginaw Gardens | 2 Bedroom | 2BR,2BA | $2.18 |
| Pioneer Park Apartments | 2 Bedroom | 2BR,1BA | $2.00 |
| Joseph's Place | 2 Bedroom | 2BR,2BA | $2.41 |
| Green Valley Towers | 1 Bedroom | 1BR,1BA | $1.99 |
| Highpoint Kitchener | 2 Bed 1 Bath A | 2BR,1BA | $1.99 |
| Cedarwoods Tower | 2 Bed 1 Bath A | 2BR,1BA | $1.93 |
| Ravine View Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2.39 |
| 14 Spruce St | One Bedroom Apartment | 1BR,1BA | $2.41 |
| Olympia Court Apartments | 1 Bedroom | 1BR,1BA | $2.32 |
| Park Lane Towers Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.39 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 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.
Read ArticleCash 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.
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.
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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 $1,720.
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 $2,299.
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 18 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 $1,363 which is $936 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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.