
Cheap Apartments for Rent in Fergus, ON from $700 (55 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

The HUB - 365 Albert

Cedarwoods Tower
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.

Capitol Hill Apartments

Total Monthly Price
Kingswood Estates

Mooregate Apartments

The HUB GEOWAVE

THE LINQ

Avenue Apartments

Highpoint Kitchener

Park Place

200 Shakespeare Drive

Adanac Crossing
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.

143 Main Street South

Queen Margaret II

Oakley Ridge

Vanier Heights

Metropolitan Towers

The Sprucedales

Grant & Don

Royal Towne

275 Larch St

131 University
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.

Silvercreek Parkway

Bryden Apartments

Northfield Gardens

130 & 140 Lincoln Road

383 Albert St

Total Monthly Price
Governers Estate

271 Lester St

158-1158 King St N

223 Terraview Crescent

Kappele Circle
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.

807 A & B Frederick Street

605 Davenport Road

167 Forfar Ave

257-257 Hemlock St

250 Frederick St

Bluebird Apartments

25 Elizabeth St

45 Bowen Dr

Campbell Court

Beacon Tower
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.
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 | $1,622 | $795 | $2,133 |
| Cheap Fergus 1 Bedroom Apartments | $1,885 | $1,200 | $2,650 |
| Cheap Fergus 2 Bedroom Apartments | $2,336 | $1,140 | $4,900 |
| Cheap Fergus 3 Bedroom Apartments | $2,702 | $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 Studio unit found at 45-51 E Surrey St in the Guelph East neighborhood priced from $795. University Place - 50 University Ave E in the Waterloo North East neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from $795. Here is today’s list of the most affordable Fergus apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 45-51 E Surrey St | Studio | Studio, | $795 |
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $795 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1,150 |
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,200 |
| Hillcrest Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,275 |
| Cedarwoods Tower | 1 Bed 1 Bath B | 1BR,1BA | $1,395 |
| Capitol Hill Apartments | 1 Bed 1 Bath C | 1BR,1BA | $1,405 |
| Mooregate Apartments | Studio, 1 Bathroom | Studio,1BA | $1,415 |
| THE LINQ | 1 Bedroom plus Dining | 1BR,1BA | $1,452 |
| Avenue Apartments | Studio, 1 Bathroom | Studio,1BA | $1,475 |
Best Value Apartments for Rent in Fergus, ON
As of July 15, 2026 the best value apartment in the Fergus area is the $1.60 price per square foot 2 bedroom + den Model at The Watson Residences in the in the Guelph East neighborhood starting from $2,574. 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. |
|---|---|---|---|
| The Watson Residences | 2 bedroom + den | 2BR,1BA | $1.60 |
| Sunnydale | 3 Bedroom(s) and 1.5 Bathroom(s) | 3BR,1.5BA | $1.77 |
| Riverside Place | 2 Bedroom | 2BR,1BA | $1.38 |
| Highpoint Kitchener | 3 Bed 1.5 Bath A | 3BR,1.5BA | $1.89 |
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.72 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1.14 |
| Parkside Tower | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.98 |
| Wellington Court | 2 Bedroom | 2BR,1BA | $1.95 |
| Bryden Apartments | 1 Bedroom | 1BR,1BA | $1.92 |
| The HUB - 365 Albert | 1 Bedroom plus Den | 1BR,1BA | $2.07 |
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.
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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 $1,450 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 $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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.