Cheap Homes for Rent in Cavan-Monaghan, ON from $500 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in Cavan-Monaghan.

property at 588 Howden St

$625

1 Bedroom Rentals

Available Now

588 Howden St

PeterboroughONK9J 4B5
property at 1260 Pulpit Rd

$650

4 Bedroom Rentals

Available Now

1260 Pulpit Rd

PeterboroughONK9K 1H5

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.

property at 157 Milroy Dr

$675

1 Bedroom Rentals

Available Now

157 Milroy Dr

PeterboroughONK9H 7N7
property at 180 Dumble Ave

$700

5 Bedroom Rentals

Available Now

180 Dumble Ave

PeterboroughONK9H 5B2

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.

property at 219 Stewart St

$750

3 Bedroom Rentals

Available Now

219 Stewart St

PeterboroughONK9J 3M6
property at 596 Garside Dr

$800

6 Bedroom Rentals

Available Now

596 Garside Dr

PeterboroughONK9H 7C7
property at 1326 Hopewell Ave

$700 - $825

1 To 2 Bedroom Rentals

Available Now

1326 Hopewell Ave

PeterboroughONK9H 6T3
property at 642 Bolivar St

$1,500

1 Bedroom Rentals

Available Now

642 Bolivar St

PeterboroughONK9J 4S2

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.

property at 451 Water St

$1,600

2 Bedroom Rentals

Available Now

451 Water St

PeterboroughONK9H 3M2

Cavan-Monaghan, ON Local Guide

Cheapest Available Cavan-Monaghan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cavan-Monaghan, ON is a 3 Beds unit found at 17Hundred in the Oshawa North neighborhood priced from $1,115. 836 Talwood Dr has the second lowest priced unit, which is a Studio apartment currently listed from $1,320. Here is today’s list of the most affordable Cavan-Monaghan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
17Hundred3 Beds, 2 Baths3BR,1BA$1,115
836 Talwood DrStudioStudio,1BA$1,320
Rose Garden Apartments1 Bedroom1BR,1BA$1,475
Tarawood Place1 Bed 1 Bath A1BR,1BA$1,550
1001 Talwood Drive1 Bedroom1BR,1BA$1,614

Best Value Apartments for Rent in Cavan-Monaghan, ON and Nearby

As of June 09, 2026 the best value apartment in the Cavan-Monaghan area is the $1.81 price per square foot 3 Bed 1 Bath A Model at Carriage Hill in the in the Oshawa North neighborhood starting from $2,475. The second greatest value Cavan-Monaghan apartment is the 3 Beds, 2 Baths Model at 17Hundred starting at $1,115 with a $0.92 price per square foot in the Oshawa North neighborhood. Here is today’s list of the best values for Cavan-Monaghan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carriage Hill3 Bed 1 Bath A3BR,1BA$1.81
17Hundred3 Beds, 2 Baths3BR,1BA$0.92
Taunton Terrace3 Bed 1 Bath A3BR,1BA$1.99
Kawartha Place2 Bedroom2BR,1BA$1.85
Windjammer Apartments I & II2 Bedroom2BR,1BA$2.28
1200 Talwood Court2 Bedroom2BR,1BA$2.12
230 Nipigon St2 Bedroom2BR,1BA$2.22
The Richelieu2 Bedroom2BR,1BA$2.18
1211 Goodfellow Road2 Bedroom2BR,1BA$2.27
Parkhill1 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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Real 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.

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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 Cavan-Monaghan, ON Rentals by Map

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Frequently Asked Questions about Cavan-Monaghan

What type of rentals are currently available in Cavan-Monaghan?

There are currently 74 Apartments for Rent in Cavan-Monaghan, ON with pricing that ranges from $648 to $4,550. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cavan-Monaghan ranging from $575 to $3,600.

What is the current price range for Rental Homes in Cavan-Monaghan?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cavan-Monaghan ranges from $575 to $3,600 with an average monthly rent of $1,818.

How much are larger Three and Four Bedroom Rentals in Cavan-Monaghan?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cavan-Monaghan range from $1,115 to $3,790, while Three Bedroom Homes, Condos, and Townhomes for rent range from $575 to $3,000. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $648.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.