
Cheap Apartments for Rent in Cambridge, ON from $1,200 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in Cambridge.


25 Wauchope Ave

Total Monthly Price
Woodside Avenue Apartments

Harris Tower

Greenbrier Place Apartments

310 Christopher Dr

1130 King St E, Unit 2

1130 King St E, Unit 2

311 Clyde Road

275 Main St
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.

275 Main St

Tiger Lofts Cambridge

8 Melran Dr, Unit 2

8 Melran Dr, Unit 2

40 Lena Crescent

Grandview Tower

112 Ridge Rd

112 Ridge Rd

67 Avenue Rd

Skyway Estate Apartments
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.

52 Wellington St, Unit 3

52 Wellington St, Unit 3

55 Woolley St

28 Amanda Walk

28 Amanda Walk

Galt View Apartments

Park Lane Towers Apartments

1126 King St E, Unit C

1126 King St E, Unit C

The Diplomat Apartments
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.

4 Redstart Dr

33 Rich Ave

33 Rich Ave

Woodside Avenue Apartments

Duke Apartments

268 River Forks Ln

268 River Forks Ln

14 Spruce St

94 Beck St

240 Southwood Dr
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.

79 Grand Ave S

115 Hexam St

Brierdale Road Apartments

St. Andrews Apartments

76 Glenview Ave

Cedarwoods Tower

Highpoint Kitchener

225 Old Carriage Dr

Adanac Crossing

Idlewood Apartments
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

How much does it cost to rent an apartment in Cambridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Cambridge Studio Apartments | $1,717 | $1,539 | $1,895 |
| Cheap Cambridge 1 Bedroom Apartments | $1,896 | $1,200 | $2,225 |
| Cheap Cambridge 2 Bedroom Apartments | $2,395 | $1,695 | $6,162 |
| Cheap Cambridge 3 Bedroom Apartments | $2,264 | $2,000 | $2,677 |
| Cheap Cambridge 4 Bedroom Apartments | $8,002 | $8,002 | $8,002 |
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: 09/08/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Galt West | $1,937 | $1,649 | 5 |
| Preston Core | $1,950 | $1,200 | 3 |
| Galt East | $2,150 | $1,725 | 16 |
| Outer Preston Core | $2,384 | $1,595 | 18 |
| Hespeler | $2,525 | $1,900 | 19 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cornerstone Lofts | Private Room | Studio,1BA | $699 |
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,200 |
| Cedarwoods Tower | 1 Bed 1 Bath B | 1BR,1BA | $1,320 |
| Highpoint Kitchener | 1 Bed 1 Bath A | 1BR,1BA | $1,420 |
| 311 Clyde Road | Bachelor | Studio,1BA | $1,427 |
| Tiger Lofts Cambridge | 0 Bedroom(s) | Studio,1BA | $1,495 |
| 67 Avenue Rd | One Bedroom | 1BR,1BA | $1,550 |
| 55 Woolley St | 1 Bedroom | 1BR,1BA | $1,593 |
| Galt View Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,610 |
| Park Lane Towers Apartments | 1 Beds, 1 Baths | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lexington Grand | A1 | 1BR,1BA | $2.01 |
| Joseph's Place | 2 Bedroom | 2BR,2BA | $2.20 |
| 235 Morgan Ave | Two Bedroom Apartment | 2BR,1BA | $1.98 |
| 85 Green Valley Drive | 1 Bedroom | 1BR,1BA | $1.99 |
| Cedarpoint Apartments | 2 Bed 1 Bath E | 2BR,1BA | $2.20 |
| Adanac Crossing | 2 Bedroom | 2BR,1BA | $2.07 |
| Cambridge Court | 1 Bedroom Townhouse | 1BR,1BA | $2.16 |
| Greenbrier Place Apartments | 1 Bedroom | 1BR,1BA | $2.31 |
| 55 Woolley St | 1 Bedroom | 1BR,1BA | $2.38 |
| Highpoint Kitchener | 1 Bed 1 Bath A | 1BR,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.
Read ArticleNavigating 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.
Read ArticleReal 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.
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.
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 $1,200 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

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.

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.

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.

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.