Cheap Homes for Rent in Fergus, ON from C$600 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 95 Park St

95 Park St

WaterlooONN2L 1Y2
property at 271 Lester St

271 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.

property at 251 Lester St

251 Lester St

WaterlooONN2L 3W6
property at 253 Lester St

253 Lester St

WaterlooONN2L 3W6

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 and Nearby

 

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 C$700. King Street Towers - Student Living in the Waterloo North East neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from C$830. Here is today’s list of the most affordable Fergus apartments for rent:

Apartment ListingModel NameBed/BathPriced From
45-51 E Surrey StbachelorStudio,C$700
King Street Towers - Student Living4 Bedroom/ 3 Bath4BR,3BAC$830
MyRez On Lester - Student Living5 Bedroom, 2.5 Bath5BR,2BAC$1,225
Kappele Circle25 Kappele Circle - Plan AStudio,1BAC$1,249
Preston House - Student Living5 Bedroom, 5 Bath5BR,5BAC$1,280

Best Value Apartments for Rent in Fergus, ON and Nearby

As of September 09, 2025 the best value apartment in the Fergus area is the C$1.58 price per square foot Three Bedroom Townhouse with Garage Model at Stoneglen Townhouses in the in the Guelph South neighborhood starting from C$2,850. The second greatest value Fergus apartment is the 5 Bedroom, 2.5 Bath Model at MyRez On Lester - Student Living starting at C$1,225 with a C$0.81 price per square foot in the Waterloo North East 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 Townhouse with Garage3BR,2BAC$1.58
MyRez On Lester - Student Living5 Bedroom, 2.5 Bath5BR,2.5BAC$0.81
200 Shakespeare Drive2 Bedroom, 2 Bathroom2BR,2BAC$1.58
Bluebird Apartments2 Bed, 2 Bath - RENOVATED2BR,2BAC$1.78
250 Frederick StTwo Bedroom2BR,1BAC$1.73
Regency2 Bedroom2BR,1BAC$2.00
Queen Margaret I2 Bedroom2BR,1BAC$1.89
Preston House - Student Living5 Bedroom, 5 Bath5BR,5BAC$1.27
Towns at HolbornTwo Bedroom2BR,1BAC$2.00
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1.46

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Fergus, ON Rentals by Map

View Map
Fergus, ON Apartments Map
View Map
Fergus, ON Rental Homes Map

Frequently Asked Questions about Fergus

What type of rentals are currently available in Fergus?

There are currently 112 Apartments for Rent in Fergus, ON with pricing that ranges from C$700 to C$6,450. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fergus ranging from C$675 to C$6,000.

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 C$675 to C$6,000 with an average monthly rent of C$2,583.

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 C$2,145 to C$4,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$2,200 to C$3,400. Four Bedroom Single-Family rentals are also available starting from C$2,850 and Four Bedroom Apartments start at C$830.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.