Cheap Homes for Rent in Fergus, ON from C$700 (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 251 Lester St

251 Lester St

WaterlooONN2L 3W6
property at 271 Lester St

271 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.

Read Article

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.

Read Article
Showing Results 1-12, Page 1 of 1

Fergus, ON Local Guide

Cheapest Available Fergus Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fergus, ON is a 4 Beds unit found at University Place - 50 University Ave E in the Waterloo North East neighborhood priced from C$670. 45-51 E Surrey St in the Guelph East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$795. Here is today’s list of the most affordable Fergus apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Place - 50 University Ave E4 Beds, 1.5 baths4BR,1BAC$670
45-51 E Surrey StbachelorStudio,C$795
King Street Towers - Student Living4 Bedroom/ 3 Bath4BR,3BAC$830
Kappele Circle25 Kappele Circle - Plan AStudio,1BAC$1,249
1025 King St E1 Bedroom1BR,1BAC$1,300

Best Value Apartments for Rent in Fergus, ON and Nearby

As of July 22, 2025 the best value apartment in the Fergus area is the C$1.20 price per square foot 2 Bedroom Model at Aberdeen Place in the in the Wellington Region neighborhood starting from C$2,395. The second greatest value Fergus apartment is the Three Bedroom Townhouse with Garage Model at Stoneglen Townhouses starting at C$2,850 with a C$1.58 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.
Aberdeen Place2 Bedroom2BR,1BAC$1.20
Stoneglen TownhousesThree Bedroom Townhouse with Garage3BR,2BAC$1.58
Sunnydale4 Bedroom Townhouse4BR,2BAC$2.04
University Place - 50 University Ave E4 Beds, 1.5 baths4BR,1.5BAC$0.54
Lexington GrandE72BR,2BAC$2.03
250 Frederick StTwo Bedroom2BR,1BAC$1.73
Queen Margaret II2 Bedroom2BR,1BAC$1.98
Surrey Place Apartments2 Bedroom2BR,1BAC$2.10
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1.46
Vanier Heights2 Bedroom, 1 Bathroom (Large)2BR,1BAC$2.13

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

Frequently Asked Questions about Fergus

What type of rentals are currently available in Fergus?

There are currently 105 Apartments for Rent in Fergus, ON with pricing that ranges from C$670 to C$6,450. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fergus ranging from C$750 to C$5,900.

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$750 to C$5,900 with an average monthly rent of C$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 C$2,145 to C$4,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$2,499 to C$3,500. Four Bedroom Single-Family rentals are also available starting from C$800 and Four Bedroom Apartments start at C$670.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.