Cheap Homes for Rent in Cambridge, ON from $900 (55 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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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.

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Cambridge, ON Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, ON

Pricing Updated: 04/01/2026

Current apartment rentals in the Cambridge, ON area range in price from $800 to $2,950 with an overall median price of $2,320. The three Cambridge neighborhoods with the lowest median rent pricing are Galt West at $800, Preston Core at $1,200, and Galt East at $800. 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 West$1,661$8006
Preston Core$2,085$1,2008
Galt East$2,375$80028
Hespeler$2,530$1,38729
Outer Preston Core$2,950$1,50029

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 Preston Core neighborhood priced from $1,200. Evoke in the Hespeler neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,387. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1025 King St E1 Bedroom1BR,1BA$1,200
EvokeA1 - StudioStudio,1BA$1,387
Galt View Apartments1 Beds, 1 Baths1BR,1BA$1,485
Skyway Estate Apartments1 Beds, 1 Baths1BR,1BA$1,560
Park Lane Towers Apartments1 Beds, 1 Baths1BR,1BA$1,560
309 Garden Street1 Bedroom1BR,1BA$1,627
1220 Hamilton St1.5 Bed2BR,1BA$1,650
15 & 245 Lena CrescentN4Studio,1BA$1,670
55 Woolley St2 Bedroom2BR,1BA$1,679
Olympia Court Apartments1 Bedroom1BR,1BA$1,715

Best Value Apartments for Rent in Cambridge, ON

As of April 02, 2026 the best value apartment in the Cambridge area is the $2.21 price per square foot 2 Bedroom Model at Saginaw Gardens in the in the Outer Preston Core neighborhood starting from $2,475. The second greatest value Cambridge apartment is the 2 Bedroom Model at Fairview Towers starting at $1,999 with a $1.83 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Saginaw Gardens2 Bedroom2BR,2BA$2.21
Fairview Towers2 Bedroom2BR,1.5BA$1.83
94 Beck StTwo Bedroom2BR,1BA$1.96
79 Grand Ave SOne Bedroom Apartment1BR,1BA$1.91
Green Valley Towers1 Bedroom1BR,1BA$1.99
Highpoint Kitchener2 Bed 1 Bath A2BR,1BA$2.02
Cedarwoods Tower2 Bed 1 Bath A2BR,1BA$2.02
55 Woolley St2 Bedroom2BR,1BA$1.98
240 Southwood DrTwo Bedroom Apartment2BR,1BA$2.19
Pioneer Park Apartments1 Bedroom1BR,1BA$2.24

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 207 Apartments for Rent in Cambridge, ON with pricing that ranges from $800 to $2,950. There are also 310 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $900 to $7,700.

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 $900 to $7,700 with an average monthly rent of $2,461.

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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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.

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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.

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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.

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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.