Cheap Homes for Rent in Cambridge, ON from C$900 (22 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Cambridge, ON Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, ON

Pricing Updated: 06/09/2025

Current apartment rentals in the Cambridge, ON area range in price from C$1,044 to C$2,820 with an overall median price of C$2,489. The three Cambridge neighborhoods with the lowest median rent pricing are Galt East at C$1,044, Galt West at C$1,044, and Outer Preston Core at C$1,044. 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 EastC$2,350C$1,04414
Galt WestC$2,350C$1,04422
Outer Preston CoreC$2,565C$1,04420
HespelerC$2,592C$1,30020
Preston CoreC$2,592C$1,04419

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 Galt West neighborhood priced from C$1,300. Evoke Kitchener in the Hespeler neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$1,504. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1025 King St E1 Bedroom1BR,1BAC$1,300
Evoke KitchenerStudioStudio,1BAC$1,504
Cedarwoods Tower1 Bed 1 Bath B1BR,1BAC$1,525
Highpoint Kitchener1 Bed 1 Bath A1BR,1BAC$1,575
235 Morgan AveOne Bedroom Apartment1BR,1BAC$1,599

Best Value Apartments for Rent in Cambridge, ON

As of June 09, 2025 the best value apartment in the Cambridge area is the C$1.71 price per square foot 2 Bedroom Townhouse Model at Cambridge Court in the in the Outer Preston Core neighborhood starting from C$2,629. The second greatest value Cambridge apartment is the 2 Bedroom + 2 Bath Model at Saginaw Park starting at C$2,695 with a C$2.23 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cambridge Court2 Bedroom Townhouse2BR,2.5BAC$1.71
Saginaw Park2 Bedroom + 2 Bath2BR,2BAC$2.23
Rivers Edge I (200 Eagle Street)2 Bedrooms2BR,1BAC$2.17
100 Eagle Street (Rivers Edge II)2 Bedroom2BR,2BAC$2.26
Auburn Towers1 Bedroom + Den1BR,1BAC$1.99
Olympia Court Apartments2 Bedroom2BR,1BAC$2.03
79 Grand Ave SOne Bedroom Apartment1BR,1BAC$2.02
Green Valley Towers1 Bedroom1BR,1BAC$1.99
Adanac Crossing2 Bedroom2BR,1BAC$2.39
240 Southwood DrTwo Bedroom Apartment2BR,1BAC$2.06

Quick 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 Cambridge

What type of rentals are currently available in Cambridge?

There are currently 188 Apartments for Rent in Cambridge, ON with pricing that ranges from C$1,044 to C$2,820. There are also 136 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from C$900 to C$4,850.

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 C$900 to C$4,850 with an average monthly rent of C$2,759.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.