Cheap Homes for Rent in Preston Core Neighborhood of Cambridge, ON from $1,300 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in the Preston Core area of Cambridge.

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.

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.

Cheapest Available Preston Core Apartments for Rent

 

The cheapest available apartment rental in the Preston Core area of Cambridge, ON is a 1 Bed unit found at 1025 King St E priced from $1,200. 931-932 Caledonian Vw has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,875. Here are the most affordable Preston Core apartments for rent in Cambridge, ON:

Apartment ListingModel NameBed/BathPriced From
1025 King St E1 Bedroom1BR,1BA$1,200
931-932 Caledonian Vw2 Bedroom Model2BR,1BA$1,875
1554 Queenston RdTwo Bedroom Apartment2BR,1BA$1,899
1220 Hamilton St2 Bed Balcony2BR,1BA$1,970
Dolph Street Apartments2 Beds, 1 Baths2BR,1BA$2,095

Best Value Apartments for Rent in Preston Core, ON

As of April 28, 2026 the best value apartment in the Preston Core area is the $2.35 price per square foot 3 Beds, 1 Baths Model at Skyway Estate Apartments in the in the Preston Core neighborhood starting from $2,115. The second greatest value Preston Core apartment is the 3 Bed Balcony Model at 1220 Hamilton St starting at $2,108 with a $2.64 price per square foot in the Preston Core neighborhood. Here is today’s list of the best values for Preston Core apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Skyway Estate Apartments3 Beds, 1 Baths3BR,1BA$2.35
1220 Hamilton St3 Bed Balcony3BR,1BA$2.64
Dolph Street Apartments2 Beds, 1 Baths2BR,1BA$2.72

Frequently Asked Questions about Preston Core

What type of rentals are currently available in Preston Core?

There are currently 39 Apartments for Rent in Preston Core, ON with pricing that ranges from $1,200 to $2,345. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston Core ranging from $1,375 to $5,500.

What is the current price range for Rental Homes in Preston Core?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Preston Core ranges from $1,375 to $5,500 with an average monthly rent of $2,431.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.