
Cheap Apartments for Rent in Fergus, ON from $600 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Fergus.


Forfar Street Apartments

Belsyde Avenue Apartments

King Street Towers

Total Monthly Price
University Place - 50 University Ave E

45-51 E Surrey St

MyRez on Lester

1025 King St E

Total Monthly Price
Kingswood Estates

Mooregate Apartments
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.

Cedarwoods Tower

Avenue Apartments

Capitol Hill Apartments

Park Place

Highpoint Kitchener

200 Shakespeare Drive

Grant & Don

Adanac Crossing

Parkside Tower

143 Main Street South
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.

Oakley Ridge

Vanier Heights

Bryden Apartments

Franklin Manor Apartments

Queen Margaret I

Two Ten Apartments

144 Lucan Ave, Waterloo

275 Larch St

Northfield Gardens

2 Quebec
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.

Trafalgar Square

Silvercreek Parkway

Royal Towne

Park Towers

130 & 140 Lincoln Road

383 Albert St

9 Waterloo Av

119 University Av E

271 Lester St

60 Arkell Rd
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.

73 Swift Cres

158-1158 King St N

39 Briarlea Rd

Kappele Circle

336 Rivertrail Av

250 Frederick St

Surrey Place

605 Davenport Road

Bluebird Apartments

Campbell Court
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.
Fergus, ON Local Guide
How much does it cost to rent an apartment in Fergus?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Fergus Studio Apartments | $1,614 | $795 | $2,019 |
| Cheap Fergus 1 Bedroom Apartments | $1,989 | $1,200 | $2,629 |
| Cheap Fergus 2 Bedroom Apartments | $2,367 | $1,092 | $4,900 |
| Cheap Fergus 3 Bedroom Apartments | $2,683 | $795 | $4,750 |
| Cheap Fergus 4 Bedroom Apartments | $1,263 | $750 | $3,620 |
Browse Top Apartments in Fergus
See all Apartments in FergusExplore Fergus
Fergus, ON Local Guide
- Nearby Cities
Cheapest Available Fergus Apartments for Rent
 The cheapest available apartment rental in Fergus, 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 Fergus apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $749 |
| King Street Towers | 6 Bedroom/ 5 Bath Tower 2 | 6BR,5BA | $750 |
| 45-51 E Surrey St | Studio | Studio, | $795 |
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $795 |
| ALMA @ Guelph | The Roomies | 2BR,1BA | $1,092 |
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,200 |
| Hillcrest Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,315 |
| Mooregate Apartments | Studio, 1 Bathroom | Studio,1BA | $1,415 |
| Forfar Street Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,430 |
| 250 Frederick St | Bachelor | Studio,1BA | $1,450 |
Best Value Apartments for Rent in Fergus, ON
As of May 27, 2026 the best value apartment in the Fergus 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 Fergus 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 Fergus apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2 Quebec | LOFT - WAITING LIST | 1BR,1BA | $1.39 |
| Sunnydale | 3 Bedroom(s) and 1.5 Bathroom(s) | 3BR,1.5BA | $1.77 |
| Stoneglen Townhouses | Two Bedroom Townhouse with private garage | 2BR,2BA | $1.66 |
| Riverside Place | 3 Bedroom | 3BR,1BA | $1.57 |
| King Street Towers | 5 Bedroom/ 5 Bath Tower 1 | 5BR,5BA | $0.85 |
| 520 Parkside Dr | Three Bedroom Apartment | 3BR,1.5BA | $1.96 |
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.72 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.74 |
| Bridgeport House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.70 |
| Bryden Apartments | 1 Bedroom | 1BR,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.
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 Fergus, ON Rentals by Map
See the most popular apartments and homes in Fergus, ON
Frequently Asked Questions about Cheap Fergus Apartments
What is the Cheapest Studio apartment in Fergus?
Currently the most affordable Cheap Studio Apartment in Fergus is at 45-51 E Surrey St listed at $795.
How much is rent for a Cheap One Bedroom Fergus Apartment?
The lowest price for a Cheap One Bedroom Fergus Apartment is $1,200 at 45-51 E Surrey St.
What is the lowest price for a Cheap Two Bedroom Fergus Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fergus is starting from $1,092 at ALMA @ Guelph.
What is the most affordable Fergus Three Bedroom Apartment?
The best deal on a cheap Fergus Three Bedroom Apartment rental is at University Place - 50 University Ave E and starts from $795.
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

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.

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.

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.

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.