Cheap Homes for Rent in Cambridge, ON from $1,000 (47 Rentals)

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

property at 7 Amherst Dr

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

4 Bedroom, 3.5 Bath Home for Rent

Available Now

7 Amherst Dr

KitchenerONN2P 1E1
property at 310 Christopher Dr

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

310 Christopher Dr

CambridgeONN1P 1B4

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.

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.

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.

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.

property at 1000 Lackner Pl

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Now

1000 Lackner Pl

KitchenerONN2A 0L9

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: 08/20/2026

Current apartment rentals in the Cambridge, ON area range in price from $1,200 to $7,228 with an overall median price of $2,328. The three Cambridge neighborhoods with the lowest median rent pricing are Galt West at $1,897, Preston Core at $1,980, and Galt East at $2,162. 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$1,897$1,6033
Preston Core$1,980$1,2003
Galt East$2,162$1,65914
Outer Preston Core$2,330$1,59520
Hespeler$2,537$1,75022

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
80 Kinzie Ave1 Bedroom1BR,1BA$1,299
Tiger Lofts Cambridge1 Bedroom(s)1BR,1BA$1,395
311 Clyde RoadBachelorStudio,1BA$1,427
Galt View Apartments1 Beds, 1 Baths1BR,1BA$1,610
Park Lane Towers Apartments1 Beds, 1 Baths1BR,1BA$1,645
Highpoint Kitchener2 Bed 1 Bath A2BR,1BA$1,650
Cedarwoods Tower2 Bed 1 Bath A2BR,1BA$1,695
Duke ApartmentsOne Bedroom1BR,1BA$1,699

Best Value Apartments for Rent in Cambridge, ON

As of August 20, 2026 the best value apartment in the Cambridge area is the $2.22 price per square foot 2 Bedroom Model at Joseph's Place in the in the Kitchener North East neighborhood starting from $2,119. The second greatest value Cambridge apartment is the Two Bedroom Apartment Model at 235 Morgan Ave starting at $1,799 with a $1.98 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.
Joseph's Place2 Bedroom2BR,2BA$2.22
235 Morgan AveTwo Bedroom Apartment2BR,1BA$1.98
85 Green Valley Drive1 Bedroom1BR,1BA$1.99
Highpoint Kitchener2 Bed 1 Bath A2BR,1BA$1.86
Cedarwoods Tower2 Bed 1 Bath A2BR,1BA$1.91
Adanac Crossing2 Bedroom2BR,1BA$2.07
Cambridge Court1 Bedroom Townhouse1BR,1BA$2.16
Greenbrier Place Apartments1 Bedroom1BR,1BA$2.31
80 Kinzie Ave1 Bedroom1BR,1BA$1.87
Park Lane Towers Apartments1 Beds, 1 Baths1BR,1BA$2.41

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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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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Quick Rent Budget Calculator

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

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Frequently Asked Questions about Cambridge

What type of rentals are currently available in Cambridge?

There are currently 207 Apartments for Rent in Cambridge, ON with pricing that ranges from $1,200 to $7,228. There are also 374 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $1,000 to $4,500.

What is the current price range for Rental Homes in Cambridge?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cambridge ranges from $1,000 to $4,500 with an average monthly rent of $2,506.

How much are larger Three and Four Bedroom Rentals in Cambridge?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cambridge range from $2,060 to $2,677, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,990 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $7,228.

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

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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.

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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.

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.