Cheap Apartments for Rent in Fergus, ON from $695 (27 Rentals)

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Hillcrest Apartments
$1,275 - $1,950Studio to 3 Bedroom Apartments

Hillcrest Apartments

250 Queen St EFergus, ON N1M 2Y6
  • Utilities Included
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Kingswood Estates
Rent Specials
$1,411 - $1,772
Total Monthly Price

Total Monthly Price

Base Rent
$1,411 - $1,772

Total Monthly Price
$1,411 - $1,772
1 to 2 Bedroom Apartments Available Now

Kingswood Estates

262-320 Kingswood DrKitchener, ON N2E 2K2
Affordability
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  • Utilities Included
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 271 Lester St

$750

1 Bedroom Rentals

Available Now

271 Lester St

WaterlooONN2L 3W6
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Kappele Circle
$1,179 - $2,025Studio to 3 Bedroom Apartments

Kappele Circle

15-25 Kappele CirStratford, ON N5A 6X4
  • Utilities Included
property at 26 O'connor Ln

$1,190

Total Monthly Price

Total Monthly Price

Base Rent
$1,190

Total Monthly Price
$1,190

1 Bedroom, 0.5 Bath Home for Rent

Available Now

26 O'connor Ln

GuelphONN1E 7G4
property at 276 Severn Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Now

276 Severn Dr

GuelphONN1E 0E8
property at 601 Frederick St

$1,400 - $1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $1,995

Total Monthly Price
$1,400 - $1,995

1 To 3 Bedroom Homes for Rent

Available Now

601 Frederick St

KitchenerONN2B 2A8

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.

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301 Westmount Rd W
$1,457 - $1,749Studio to 2 Bedroom Apartments

301 Westmount Rd W

301 Westmount Rd WKitchener, ON N2M 0C4
Student Housing
  • Utilities Included
  • Smoke Free
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807 A & B Frederick Street
$1,495 - $2,395Studio to 3 Bedroom Apartments

807 A & B Frederick Street

807A Frederick StKitchener, ON N2B 2B5
  • Utilities Included
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605 Davenport Road
$1,4971 Bedroom Apartments

605 Davenport Road

605 Davenport RdWaterloo, ON N2L 6H8

Fergus, ON Local Guide

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 $695. 45-51 E Surrey St in the Guelph East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Fergus apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$695
45-51 E Surrey StStudioStudio,$795
1025 King St E1 Bedroom1BR,1BA$1,200
Hillcrest Apartments0 Beds, 1 BathsStudio,1BA$1,275
Mooregate ApartmentsStudio, 1 BathroomStudio,1BA$1,447
THE LINQ1 Bedroom plus Dining1BR,1BA$1,468
Capitol Hill Apartments1 Bed 1 Bath I1BR,1BA$1,480
57 North Park Street1 Bedroom1BR,1BA$1,495
605 Davenport RoadOne bedroom with one bathroom1BR,1BA$1,497
250 Frederick StOne Bedroom1BR,1BA$1,516

Best Value Apartments for Rent in Fergus, ON

As of August 30, 2026 the best value apartment in the Fergus area is the $1.73 price per square foot Three Bedroom Townhouse Model at Stoneglen Townhouses in the in the Guelph South neighborhood starting from $2,599. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Stoneglen TownhousesThree Bedroom Townhouse3BR,1.5BA$1.73
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)3BR,1.5BA$1.77
Riverside Place2 Bedroom2BR,1BA$1.40
The HUB - 365 Albert2 Bedroom2BR,2BA$1.63
The HUB GEOWAVE2 Bedroom2BR,2BA$1.63
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.63
Queen Margaret I2 Bedroom2BR,1BA$1.88
383 Albert StOne Bedroom Apartment1BR,1BA$1.85
Highpoint Kitchener2 Bed 1 Bath A2BR,1BA$1.86
308 King1 Bedroom 1 Den 2 Bathroom2BR,2BA$1.58

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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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 $1,450 at 45-51 E Surrey St.

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 $695.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.