
Cheap Homes for Rent in Cambridge, ON from $1,300 (57 Rentals)
Search the lowest-cost Homes available for rent right now in Cambridge.


906 King St E

1130 King St E

55 Green Valley Dr

292 Main St

130 Brown St

28 Crossmore Cres

10 Weaver St

930 Eagle St N

23 Knotty Pine Ave
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.

32 Mayo Ave

102 Briarmeadow Crescent

25 Main St

163 Freure Dr

10 Hungerford Rd

57 Beverly St

13-15 AINSLIE Street

42 Hilltop Dr

42 Hilltop Dr

155 Water St S
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.

118 Taylor Ave

1100 Lackner Pl

318 Dolph St S

25 Concession St

1000 Lackner Blvd

131 Kinzie Ave

131 Kinzie Ave

1101 Lackner Blvd

1000 Lackner Blvd

1000 Lackner Blvd
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.

1000 Lackner Pl

82 Elgin St S

131 Highman Ave

15 Spring Creek St

154 Ainslie St N

137 Whitley St

39-39 Main St

50 Scenic Dr

226 Scott Rd

1129 Langs Cir
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.

71 Janine St

350 Fisher Mills Rd

58 Beverly St

1000 Lackner Blvd

39-39 Main St

1201 Lackner Blvd

130 Brown St

283 Fairway Rd N

525 New Dundee Rd

525 New Dundee Rd
Navigating 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.
Cambridge, ON Local Guide

How much does it cost to rent a home in Cambridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cambridge 2 Bedroom Homes for Rent | $2,149 | $1,600 | $2,990 |
| Cambridge 3 Bedroom Homes for Rent | $2,624 | $1,699 | $3,500 |
| Cambridge 4 Bedroom Homes for Rent | $3,117 | $2,000 | $5,000 |
| Cambridge 5 Bedroom Homes for Rent | $2,950 | $2,950 | $2,950 |
| Cambridge 6 Bedroom Homes for Rent | $6,999 | $6,999 | $6,999 |
Browse Top Homes for Rent in Cambridge
Explore Cambridge
Cambridge, ON Local Guide
- Cambridge Neighborhoods
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Cheapest Neighborhoods for Apartments in Cambridge, ON
Pricing Updated: 02/15/2026Current apartment rentals in the Cambridge, ON area range in price from $699 to $2,930 with an overall median price of $2,478. The three Cambridge neighborhoods with the lowest median rent pricing are Galt East at $699, Preston Core at $1,395, and Hespeler at $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 |
|---|---|---|---|
| Galt East | $2,157 | $699 | 14 |
| Preston Core | $2,275 | $1,395 | 9 |
| Hespeler | $2,395 | $1,445 | 25 |
| Outer Preston Core | $2,670 | $1,550 | 31 |
| Galt West | $2,895 | $699 | 5 |
Cheapest Available Cambridge Apartments for Rent
 The cheapest available apartment rental in Cambridge, ON is a 1 Bed unit found at 931-932 Caledonian Vw in the Hespeler neighborhood priced from $1,475. Grandview Tower in the Galt East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,499. Here is today’s list of the most affordable Cambridge apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 931-932 Caledonian Vw | 1 Bedroom Model | 1BR,1BA | $1,475 |
| Grandview Tower | 1 Bedroom | 1BR,1BA | $1,499 |
| Cedarwoods Tower | 1 Bed 1 Bath B | 1BR,1BA | $1,525 |
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,545 |
| Skyway Estate Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,560 |
| 309 Garden Street | 1 Bedroom | 1BR,1BA | $1,627 |
| Galt View Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,635 |
| Park Lane Towers | 1 Beds, 1 Baths | 1BR,1BA | $1,675 |
| Adanac Crossing | 1 Bedroom | 1BR,1BA | $1,678 |
| Olympia Court Apartments | 1 Bedroom | 1BR,1BA | $1,715 |
Best Value Apartments for Rent in Cambridge, ON
As of February 15, 2026 the best value apartment in the Cambridge area is the $2.19 price per square foot 2 Bedrooms Model at Rivers Edge I (200 Eagle Street) in the in the Preston Core neighborhood starting from $2,425. The second greatest value Cambridge apartment is the 2 Bedroom Model at 100 Eagle Street (Rivers Edge II) starting at $2,460 with a $2.23 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. |
|---|---|---|---|
| Rivers Edge I (200 Eagle Street) | 2 Bedrooms | 2BR,1BA | $2.19 |
| 100 Eagle Street (Rivers Edge II) | 2 Bedroom | 2BR,2BA | $2.23 |
| Saginaw Gardens | 2 Bedroom | 2BR,2BA | $2.42 |
| Joseph's Place | 2 Bedroom | 2BR,2BA | $2.40 |
| 79 Grand Ave S | One Bedroom Apartment | 1BR,1BA | $2.02 |
| Highpoint Kitchener | 2 Bed 1 Bath A | 2BR,1BA | $2.08 |
| Cambridge Court | 1 Bedroom Townhouse | 1BR,1BA | $2.16 |
| 931-932 Caledonian Vw | 1 Bedroom Model | 1BR,1BA | $1.76 |
| 14 Spruce St | One Bedroom Apartment | 1BR,1BA | $2.44 |
| Grandview Tower | 1 Bedroom | 1BR,1BA | $2.28 |
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.
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 Cambridge
What type of rentals are currently available in Cambridge?
There are currently 206 Apartments for Rent in Cambridge, ON with pricing that ranges from $1,395 to $2,950. There are also 176 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $1,350 to $6,999.
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 $1,350 to $6,999 with an average monthly rent of $3,128.
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 $2,250 to $2,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,699 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,895.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.