Cheap Homes for Rent in East Luther Grand Valley, ON from $700 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in East Luther Grand Valley.

property at 119 University Av E

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

5 Bedroom, 2.5 Bath Home for Rent

Available Now

119 University Av E

WaterlooONN2J 2W1
property at 271 Lester St

$795

5 Bedroom Rentals

Available Now

271 Lester St

WaterlooONN2L 3W6
property at 60 Arkell Rd

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

Studio, 1 Bath Townhome for Rent

Available Now

60 Arkell Rd

GuelphONN1L 0L7
property at 73 Swift Cres

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 2.5 Bath Townhome for Rent

Available Jun 1

73 Swift Cres

GuelphONN1E 7J1
property at 39 Briarlea Rd

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

5 Bedroom, 2 Bath Home for Rent

Available Now

39 Briarlea Rd

GuelphONN1G 3H4

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 257-257 Hemlock St

$1,650 - $1,750

Studio To 1 Bedroom Rentals

Available Jul 1

257-257 Hemlock St

WaterlooONN2L 0K2
property at 73 Conroy Cres

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

1 Bedroom, 1 Bath Condo for Rent

Available Now

73 Conroy Cres

GuelphONN1G 2V5
property at 258A Sunview St

$1,697 - $2,000

1 To 2 Bedroom Rentals

Available Sep 4

258A Sunview St

WaterlooONN2L 0H6
property at 258 Sunview St

$1,697 - $2,915

1 To 3 Bedroom Rentals

Available Jun 1

258 Sunview St

WaterlooONN2L 0H7

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 480 Speedvale Av E

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Home for Rent

Available May 31

480 Speedvale Av E

GuelphONN1E 1P2
property at 2 Pauline Pl

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Condo for Rent

Available Now

2 Pauline Pl

GuelphONN1H 7P3
property at 32 Green St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Jun 30

32 Green St

GuelphONN1H 2H1

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.

East Luther Grand Valley, ON Local Guide

Cheapest Available East Luther Grand Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in East Luther Grand Valley, ON is a 5 Beds unit found at Preston House in the Waterloo North East neighborhood priced from $749. King Street Towers in the Waterloo North East neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from $750. Here is today’s list of the most affordable East Luther Grand Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Preston House5 Bedroom, 5 Bath5BR,5BA$749
King Street Towers6 Bedroom/ 5 Bath Tower 26BR,5BA$750
45-51 E Surrey StStudioStudio,$795
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$795
ALMA @ GuelphThe Roomies2BR,1BA$1,092

Best Value Apartments for Rent in East Luther Grand Valley, ON and Nearby

As of May 26, 2026 the best value apartment in the East Luther Grand Valley area is the $1.39 price per square foot LOFT - WAITING LIST Model at 2 Quebec in the in the Guelph East neighborhood starting from $2,300. The second greatest value East Luther Grand Valley apartment is the 3 Bedroom(s) and 1.5 Bathroom(s) Model at Sunnydale starting at $2,650 with a $1.77 price per square foot in the Waterloo North West neighborhood. Here is today’s list of the best values for East Luther Grand Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2 QuebecLOFT - WAITING LIST1BR,1BA$1.39
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)3BR,1.5BA$1.77
Stoneglen TownhousesTwo Bedroom Townhouse with private garage2BR,2BA$1.66
Riverside Place3 Bedroom3BR,1BA$1.57
King Street Towers5 Bedroom/ 5 Bath Tower 15BR,5BA$0.85
520 Parkside DrThree Bedroom Apartment3BR,1.5BA$1.96
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.72
Preston House5 Bedroom, 5 Bath5BR,5BA$0.74
Bridgeport House5 Bedroom, 5 Bath5BR,5BA$0.70
Bryden Apartments1 Bedroom1BR,1BA$1.79

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.

Read Article
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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!

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Frequently Asked Questions about East Luther Grand Valley

What type of rentals are currently available in East Luther Grand Valley?

There are currently 110 Apartments for Rent in East Luther Grand Valley, ON with pricing that ranges from $699 to $5,740. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Luther Grand Valley ranging from $750 to $4,250.

What is the current price range for Rental Homes in East Luther Grand Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in East Luther Grand Valley ranges from $750 to $4,250 with an average monthly rent of $2,185.

How much are larger Three and Four Bedroom Rentals in East Luther Grand Valley?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Luther Grand Valley range from $795 to $4,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $750.

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

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.

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.