Cheap Homes for Rent in Fergus, ON from $700 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Fergus.

property at 271 Lester St

271 Lester St

WaterlooONN2L 3W6
property at 253 Lester St

253 Lester St

WaterlooONN2L 3W6
property at 261 Lester St

261 Lester St

WaterlooONN2L 3W6
property at 251 Lester St

251 Lester St

WaterlooONN2L 3W6

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.

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.

Fergus, ON Local Guide

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 $700. Mooregate Apartments in the Kitchener South Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,360. Here is today’s list of the most affordable Fergus apartments for rent:

Apartment ListingModel NameBed/BathPriced From
45-51 E Surrey StBachelorStudio,$700
Mooregate Apartments0 Bedroom, 1 BathroomStudio,1BA$1,360
1025 King St E1 Bedroom1BR,1BA$1,475
Davenport Apartments1 Bedroom1BR,1BA$1,497
Capitol Hill Apartments1 Bed 1 Bath I1BR,1BA$1,560

Best Value Apartments for Rent in Fergus, ON

As of December 10, 2025 the best value apartment in the Fergus area is the $1.67 price per square foot 3 Bedroom(s) and 1.5 Bathroom(s) Model at Sunnydale in the in the Waterloo North West neighborhood starting from $2,500. The second greatest value Fergus apartment is the Two Bedroom Townhouse Model at Stoneglen Townhouses starting at $2,400 with a $1.71 price per square foot in the Guelph South 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.
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)3BR,1.5BA$1.67
Stoneglen TownhousesTwo Bedroom Townhouse2BR,1BA$1.71
Avenue Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.51
Regency2 Bedroom2BR,1BA$1.69
Bryden Apartments3 Bedroom3BR,2BA$1.94
520 Parkside DrThree Bedroom Apartment3BR,1.5BA$1.94
250 Frederick StTwo Bedroom2BR,1BA$1.77
Surrey Place Apartments1 Bedroom1BR,1BA$1.94
Queen Margaret I1 Bedroom1BR,1BA$1.94
45-51 E Surrey St1 Bedroom1BR,1BA$1.54

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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The 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Fergus

What type of rentals are currently available in Fergus?

There are currently 114 Apartments for Rent in Fergus, ON with pricing that ranges from $700 to $4,900. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fergus ranging from $750 to $3,200.

What is the current price range for Rental Homes in Fergus?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fergus ranges from $750 to $3,200 with an average monthly rent of $2,279.

How much are larger Three and Four Bedroom Rentals in Fergus?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fergus range from $1,200 to $4,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $2,850. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $1,060.

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 Renting with Roommates: Realistic Expectations for Shared Lease article

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.