Cheap Homes for Rent in Cambridge, ON from $1,200 (35 Rentals)

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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.

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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.

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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.

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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.

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Showing Results 1-35, Page 1 of 1

Cambridge, ON Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, ON

Pricing Updated: 12/26/2025

Current apartment rentals in the Cambridge, ON area range in price from $1,250 to $6,950 with an overall median price of $3,979. The three Cambridge neighborhoods with the lowest median rent pricing are Galt East at $1,250, Galt West at $1,480, and Preston Core at $1,390. 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 East$2,900$1,25043
Galt West$2,997$1,48033
Preston Core$3,075$1,39022
Hespeler$3,975$1,64526
Outer Preston Core$6,950$1,25024

Cheapest Available Cambridge Apartments for Rent

 

The cheapest available apartment rental in Cambridge, ON is a 1 Bed 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 $1,475. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cornerstone LoftsStudio1BR,1BA$699
1025 King St E1 Bedroom1BR,1BA$1,475
931-932 Caledonian Vw1 Bedroom Model1BR,1BA$1,475
Evoke Kitchener0 Bedroom(s) and 1 Bathroom(s)Studio,1BA$1,514
Cambridge Park Apartments1 Bedroom1BR,1BA$1,569
Highpoint Kitchener1 Bed 1 Bath A1BR,1BA$1,575
Park Lane Towers1 Beds, 1 Baths1BR,1BA$1,575
309 Garden Street1 Bedroom1BR,1BA$1,597
Galt View Apartments1 Beds, 1 Baths1BR,1BA$1,635
Grandview Tower1 Bedroom1BR,1BA$1,650

Best Value Apartments for Rent in Cambridge, ON

As of December 27, 2025 the best value apartment in the Cambridge area is the $1.56 price per square foot 2 Bedroom Townhouse Model at Cambridge Court in the in the Outer Preston Core neighborhood starting from $2,399. The second greatest value Cambridge apartment is the 2 Bedroom Model at Saginaw Gardens starting at $2,450 with a $2.19 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,2.5BA$1.56
Saginaw Gardens2 Bedroom2BR,2BA$2.19
Fairview Towers2 Bedroom2BR,1.5BA$1.83
Olympia Court Apartments2 Bedroom2BR,1BA$2.03
Adanac Crossing2 Bedroom + Den2BR,1BA$2.13
Cedarwoods Tower2 Bed 1 Bath A2BR,1BA$2.08
Cedarpoint Apartments2 Bed 1 Bath E2BR,1BA$2.11
15 & 245 Lena CrescentN11BR,1BA$2.16
207 Moore St2 Bedroom - 1 Bath + Family Space2BR,1BA$2.16
Cambridge Park Apartments1 Bedroom1BR,1BA$2.06

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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The 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.

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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.

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

Explore Cambridge, ON Rentals by Map

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See the most popular apartments and homes in Cambridge, ON

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Frequently Asked Questions about Cambridge

What type of rentals are currently available in Cambridge?

There are currently 202 Apartments for Rent in Cambridge, ON with pricing that ranges from $1,395 to $3,100. There are also 184 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $1,250 to $6,950.

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 $1,250 to $6,950 with an average monthly rent of $2,696.

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 $2,063 to $3,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $3,045.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!