
Cheap Apartments for Rent in Fergus, ON from $700 (71 Rentals)
Search the lowest-cost Apartments available for rent right now in Fergus.


Hillcrest Apartments

Belsyde Avenue Apartments

King Street Towers - Student Living

University Place - 50 University Ave E

Oakley Ridge

MyRez On Lester - Student Living

1025 King St E

45-51 E Surrey St

Avenue Apartments
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.

Queen Margaret II

200 Shakespeare Drive

Total Monthly Price
Kingswood Estates

Metropolitan Towers

Cedarwoods Tower

Capitol Hill Apartments

Park Place

Adanac Crossing

Highpoint Kitchener

Parkside Tower
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.

143 Main Street South

Grant & Don

Two Ten Apartments

144 Lucan Ave, Waterloo

275 Larch St

Rittenhouse Place

Vanier Heights

Mooregate Apartments

383 Albert St
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.

Queen Margaret I

130 & 140 Lincoln Road

60 River Rd E

Margaret Place

Civic 66

Treeview Towers

Total Monthly Price
The Omeath

Northfield Gardens

The HUB GEOWAVE

The HUB - 365 Albert
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.

Franklin Manor Apartments

Royal Towne

The Sprucedales

57 North Park Street

378 Albert St

271 Lester St

158-1158 King St N

73 Swift Cres

Kappele Circle

Surrey Place Apartments
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.
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 | $1,596 | $1,200 | $2,019 |
| Cheap Fergus 1 Bedroom Apartments | $1,974 | $1,200 | $2,600 |
| Cheap Fergus 2 Bedroom Apartments | $2,327 | $999 | $4,900 |
| Cheap Fergus 3 Bedroom Apartments | $2,677 | $795 | $4,750 |
| Cheap Fergus 4 Bedroom Apartments | $1,549 | $732 | $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 6 Beds unit found at University Place - 50 University Ave E in the Waterloo North East neighborhood priced from $795. 1025 King St E in the Preston Core neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Fergus apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $795 |
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,200 |
| 45-51 E Surrey St | Studio | 1BR,1BA | $1,200 |
| Avenue Apartments | 0 Bedroom, 1 Bathroom | Studio,1BA | $1,425 |
| Metropolitan Towers | 1 Bedroom | 1BR,1BA | $1,479 |
| 200 Shakespeare Drive | 0 Bedroom, 1 Bathroom | Studio,1BA | $1,480 |
| Capitol Hill Apartments | 1 Bed 1 Bath E | 1BR,1BA | $1,495 |
| Forfar Street Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,580 |
| 143 Main Street South | 1 Bed 1 Bath | 1BR,1BA | $1,585 |
| Beacon Tower | One Bedroom | 1BR,1BA | $1,595 |
Best Value Apartments for Rent in Fergus, ON
As of April 07, 2026 the best value apartment in the Fergus area is the $1.50 price per square foot Three Bedroom Townhouse Model at Stoneglen Townhouses in the in the Guelph South neighborhood starting from $2,699. The second greatest value Fergus apartment is the 3 Bedroom(s) and 1.5 Bathroom(s) Model at Sunnydale starting at $2,500 with a $1.67 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. |
|---|---|---|---|
| Stoneglen Townhouses | Three Bedroom Townhouse | 3BR,1.5BA | $1.50 |
| Sunnydale | 3 Bedroom(s) and 1.5 Bathroom(s) | 3BR,1.5BA | $1.67 |
| 21 Holborn Drive | 3 Bedroom | 3BR,1BA | $1.86 |
| Park Place | Two Bedroom | 2BR,2BA | $1.66 |
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.72 |
| Beacon Tower | Two Bedroom | 2BR,1BA | $1.91 |
| Wellington Court | 2 Bedroom | 2BR,1BA | $1.95 |
| Highpoint Kitchener | 2 Bed 1 Bath A | 2BR,1BA | $2.02 |
| Cedarwoods Tower | 2 Bed 1 Bath A | 2BR,1BA | $2.02 |
| Parkside Tower | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.90 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 $1,200.
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 $1,660 at Parkside Tower.
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

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.

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.

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.

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.
