
Cheap Homes for Rent in Cambridge, ON from $1,000 (47 Rentals)
Search the lowest-cost Homes available for rent right now in Cambridge.


310 Christopher Dr

77 Orchard Mill Crescent

77 Orchard Mill Crescent

101 Steepleridge St

101 Steepleridge St

270 Water St N

270 Water St N

270 Water St N, Unit 1
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.

270 Water St N, Unit 1

40 Lena Crescent

52 Wellington St, Unit 3

52 Wellington St, Unit 3

52 Wellington St, Unit 3

52 Wellington St, Unit 3

13 Ainslie St N, Unit 3

28 Amanda Walk

13 Ainslie St N, Unit 3
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.

28 Amanda Walk

267 Clyde Rd, Unit 17

4 Redstart Dr

1126 King St E, Unit C

158 Forest Creek Dr

158 Forest Creek Dr

94-91 Avenue A Ave, Unit A

1126 King St E, Unit C

112 Ridge Rd
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.

50 Jacob Detweiller Dr

23 Rutherford Dr, Unit A

23 Rutherford Dr, Unit B

23 Rutherford Dr, Unit A

23 Rutherford Dr, Unit B

112 Ridge Rd

268 River Forks Ln

50 Jacob Detweiller Dr

268 River Forks Ln
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.

33 Rich Ave

33 Rich Ave

110 Stillwater St

101 Water St S, Unit UPPER

101 Water St S, Unit UPPER

15 Spring Creek St

1000 Lackner Blvd, Unit 302

76 Glenview Ave

1000 Lackner Pl
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.

1000 Lackner Blvd, Unit 302

15 Spring Creek St
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 | $2,105 | $1,200 | $2,710 |
| Cambridge 3 Bedroom Homes for Rent | $2,660 | $1,990 | $4,000 |
| Cambridge 4 Bedroom Homes for Rent | $3,107 | $1,000 | $4,500 |
| Cambridge 5 Bedroom Homes for Rent | $3,550 | $2,600 | $4,300 |
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: 08/20/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Galt West | $1,897 | $1,603 | 3 |
| Preston Core | $1,980 | $1,200 | 3 |
| Galt East | $2,162 | $1,659 | 14 |
| Outer Preston Core | $2,330 | $1,595 | 20 |
| Hespeler | $2,537 | $1,750 | 22 |
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 |
| 80 Kinzie Ave | 1 Bedroom | 1BR,1BA | $1,299 |
| Tiger Lofts Cambridge | 1 Bedroom(s) | 1BR,1BA | $1,395 |
| 311 Clyde Road | Bachelor | Studio,1BA | $1,427 |
| Galt View Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,610 |
| Park Lane Towers Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,645 |
| Highpoint Kitchener | 2 Bed 1 Bath A | 2BR,1BA | $1,650 |
| Cedarwoods Tower | 2 Bed 1 Bath A | 2BR,1BA | $1,695 |
| Duke Apartments | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Joseph's Place | 2 Bedroom | 2BR,2BA | $2.22 |
| 235 Morgan Ave | Two Bedroom Apartment | 2BR,1BA | $1.98 |
| 85 Green Valley Drive | 1 Bedroom | 1BR,1BA | $1.99 |
| Highpoint Kitchener | 2 Bed 1 Bath A | 2BR,1BA | $1.86 |
| Cedarwoods Tower | 2 Bed 1 Bath A | 2BR,1BA | $1.91 |
| Adanac Crossing | 2 Bedroom | 2BR,1BA | $2.07 |
| Cambridge Court | 1 Bedroom Townhouse | 1BR,1BA | $2.16 |
| Greenbrier Place Apartments | 1 Bedroom | 1BR,1BA | $2.31 |
| 80 Kinzie Ave | 1 Bedroom | 1BR,1BA | $1.87 |
| 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 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

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.

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.

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.

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.