
Cheap Apartments for Rent in Guelph/Eramosa, ON from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Guelph/Eramosa.


45-51 E Surrey St

484 College Ave W

490 College Ave W

486 College Ave W

488 College Ave W

Oakley Ridge

96 Arthur St N
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.

Bryden Apartments

2 Quebec

Trafalgar Square

Silvercreek Parkway

Royal Towne

Park Towers

73 Swift Cres

Wyndamere Place Condominiums
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.

39 Briarlea Rd

332 Scottsdale Dr

332 Scottsdale Dr

619 Willow Rd

38 Thatcher Dr

38 Thatcher Dr

43 Ontario St

43 Ontario St
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.

25 Promenade Rd

25 Promenade Rd

Quattro One, Two, Three and Four

33 Milson Crescent

33 Milson Crescent

Briarwood

73 Conroy Cres

Sienna Apartments
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.

440 Woodlawn Rd E

97 Farquhar St

97 Farquhar St
Guelph/Eramosa, ON Local Guide
How much does it cost to rent an apartment in Guelph/Eramosa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Guelph/Eramosa Studio Apartments | $1,559 | $795 | $1,749 |
| Guelph/Eramosa 1 Bedroom Apartments | $2,016 | $1,200 | $2,600 |
| Guelph/Eramosa 2 Bedroom Apartments | $2,513 | $1,092 | $4,900 |
| Guelph/Eramosa 3 Bedroom Apartments | $2,450 | $975 | $4,750 |
Browse Top Apartments in Guelph/Eramosa
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Guelph/Eramosa, ON Local Guide
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Cheapest Available Guelph/Eramosa Apartments for Rent and Nearby
 The cheapest available apartment rental in Guelph/Eramosa, ON is a Studio unit found at 45-51 E Surrey St in the Guelph East neighborhood priced from $795. ALMA @ Guelph in the Guelph South neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,092. Here is today’s list of the most affordable Guelph/Eramosa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 45-51 E Surrey St | Studio | Studio, | $795 |
| ALMA @ Guelph | The Roomies | 2BR,1BA | $1,092 |
| Bryden Apartments | 1 Bedroom | 1BR,1BA | $1,585 |
| Quattro One, Two, Three and Four | One Bedroom | 1BR,1BA | $1,620 |
| Park Towers | 1 Bedroom | 1BR,1BA | $1,695 |
| 26 Willow Road Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,725 |
| 85 & 89 Willow Road Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,745 |
| Treeview Towers | Studio | Studio,1BA | $1,749 |
| Belle Ayre Apartments | 1 bedroom | 1BR,1BA | $1,765 |
| Westport Towers Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,780 |
Best Value Apartments for Rent in Guelph/Eramosa, ON and Nearby
As of May 24, 2026 the best value apartment in the Guelph/Eramosa area is the $1.39 price per square foot LOFT - WAITING LIST Model at 2 Quebec in the in the Guelph East neighborhood starting from $2,300. The second greatest value Guelph/Eramosa apartment is the Two Bedroom Townhouse with private garage Model at Stoneglen Townhouses starting at $2,325 with a $1.66 price per square foot in the Guelph South neighborhood. Here is today’s list of the best values for Guelph/Eramosa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2 Quebec | LOFT - WAITING LIST | 1BR,1BA | $1.39 |
| Stoneglen Townhouses | Two Bedroom Townhouse with private garage | 2BR,2BA | $1.66 |
| Brantview Apartments | Three Bedroom | 3BR,2BA | $1.94 |
| Treeview Manor | 2 Bedroom | 2BR,1BA | $2.00 |
| Juniper Apartments | 2 Bedroom | 2BR,1BA | $2.05 |
| Bryden Apartments | 1 Bedroom | 1BR,1BA | $1.79 |
| The Watson Residences | 1 Bedroom | 1BR,1BA | $2.07 |
| 64 Cedar St | 1 Bedroom Model | 2BR,1BA | $1.18 |
| Quattro One, Two, Three and Four | One Bedroom | 1BR,1BA | $2.13 |
| 45-51 E Surrey St | 2 Bedrooms | 2BR,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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Guelph/Eramosa, ON Rentals by Map
See the most popular apartments and homes in Guelph/Eramosa, ON
Frequently Asked Questions about Cheap Guelph/Eramosa Apartments
How much is rent for a Cheap One Bedroom Guelph/Eramosa Apartment?
The lowest price for a Cheap One Bedroom Guelph/Eramosa Apartment is $1,200 at 45-51 E Surrey St.
What is the lowest price for a Cheap Two Bedroom Guelph/Eramosa Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Guelph/Eramosa is starting from $1,092 at ALMA @ Guelph.
What is the most affordable Guelph/Eramosa Three Bedroom Apartment?
The best deal on a cheap Guelph/Eramosa Three Bedroom Apartment rental is at Park Towers and starts from $2,045.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.