
Cheap Homes for Rent in Cambridge, ON from $500 (53 Rentals)
Search the lowest-cost Homes available for rent right now in Cambridge.


48 Clarence St

48 Clarence St

43 Holm St

43 Holm St

43 Holm St

43 Holm St

557 Landgren Ct

557 Landgren Ct

77 Orchard Mill Crescent
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.

77 Orchard Mill Crescent

270 Water St N

270 Water St N

211 Cranbrook St

270 Water St N, Unit 1

73 Wellington St, Unit 3

73 Wellington St, Unit 3

9 Martin Ave, Unit 5

9 Martin Ave, Unit 5

102 Kribs St
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.

102 Kribs St

102 Kribs St

102 Kribs St

116 Zieman Crescent

116 Zieman Crescent

592 Blair Creek Dr

80 Kinzie Ave

80 Kinzie Ave

40 Lena Crescent

20 Dickson St, Unit 203
Cash 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.

716 Westminster Dr S

716 Westminster Dr S

20 Dickson St, Unit 203

20 Rutherford Dr

20 Rutherford Dr

52 Wellington St, Unit 3

52 Wellington St, Unit 3

52 Wellington St, Unit 3

52 Wellington St, Unit 3

267 Clyde Rd, Unit 17
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.

13 Ainslie St N, Unit 3

13 Ainslie St N, Unit 3

12 Arrowhead Pl, Unit Lower

12 Arrowhead Pl, Unit Lower

130 Brown St

130 Brown St

202 Essex Point Dr

112 Ridge Rd

23 Rutherford Dr, Unit A

23 Rutherford Dr, Unit B
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.
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 | $2,045 | $1,450 | $2,920 |
| Cambridge 3 Bedroom Homes for Rent | $2,555 | $550 | $3,500 |
| Cambridge 4 Bedroom Homes for Rent | $3,005 | $2,500 | $3,500 |
| Cambridge 5 Bedroom Homes for Rent | $3,466 | $2,700 | $4,500 |
| Cambridge 6 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
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: 07/05/2026Current apartment rentals in the Cambridge, ON area range in price from $1,250 to $4,000 with an overall median price of $3,339. The three Cambridge neighborhoods with the lowest median rent pricing are Preston Core at $1,400, Galt East at $1,450, and Galt West at $1,450. 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 | $3,100 | $1,400 | 47 |
| Galt East | $3,199 | $1,450 | 73 |
| Galt West | $3,200 | $1,450 | 69 |
| Outer Preston Core | $3,200 | $1,250 | 90 |
| Hespeler | $4,000 | $1,250 | 75 |
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 | $1,395 |
| 80 Kinzie Ave | 1 Bedroom | 1BR,1BA | $1,499 |
| Evoke | A4 - Studio BF | Studio,1BA | $1,514 |
| Skyway Estate Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,585 |
| Highpoint Kitchener | 2 Bed 1 Bath A | 2BR,1BA | $1,620 |
| Park Lane Towers Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,645 |
| 15 & 245 Lena Crescent | N4 | Studio,1BA | $1,670 |
| 55 Woolley St | 2 Bedroom | 2BR,1BA | $1,679 |
Best Value Apartments for Rent in Cambridge, ON
As of July 05, 2026 the best value apartment in the Cambridge area is the $1.89 price per square foot 3 Bed 1.5 Bath A Model at Highpoint Kitchener in the in the Kitchener North East neighborhood starting from $2,145. The second greatest value Cambridge apartment is the 2 Bedroom Model at Saginaw Gardens starting at $2,445 with a $2.16 price per square foot in the Outer 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. |
|---|---|---|---|
| Highpoint Kitchener | 3 Bed 1.5 Bath A | 3BR,1.5BA | $1.89 |
| Saginaw Gardens | 2 Bedroom | 2BR,2BA | $2.16 |
| Rivers Edge I (200 Eagle Street) | 2 Bedrooms | 2BR,1BA | $2.26 |
| Olympia Court Apartments | 2 Bedroom | 2BR,1BA | $1.93 |
| Adanac Crossing | 2 Bedroom + Den | 2BR,1BA | $2.09 |
| 85 Green Valley Drive | 1 Bedroom | 1BR,1BA | $1.99 |
| 55 Woolley St | 2 Bedroom | 2BR,1BA | $1.98 |
| Cedarpoint Apartments | 2 Bed 1 Bath D | 2BR,1BA | $2.42 |
| 80 Kinzie Ave | 1 Bedroom | 1BR,1BA | $2.15 |
| Park Lane Towers Apartments | 1 Beds, 1 Baths | 1BR,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.
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 Cambridge
What type of rentals are currently available in Cambridge?
There are currently 208 Apartments for Rent in Cambridge, ON with pricing that ranges from $1,200 to $8,288. There are also 320 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $550 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 $550 to $4,500 with an average monthly rent of $2,580.
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 $1,900 to $2,677, while Three Bedroom Homes, Condos, and Townhomes for rent range from $550 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $8,288.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.