
Cheap Apartments for Rent near 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

488 College Ave W

486 College Ave W

490 College Ave W

Oakley Ridge

10 Applewood Cres
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.

The Sprucedales

Royal Towne

2 Quebec

Silvercreek Parkway

Bryden Apartments

Wyndamere Place Condominiums

583 Edinburgh Rd S

583 Edinburgh Rd S
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.

583 Edinburgh Rd S

583 Edinburgh Rd S

38 Thatcher Dr

38 Thatcher Dr

97 Farquhar St

97 Farquhar St

5 Algoma Dr

5 Algoma Dr
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.

350 Paisley Rd, Unit A

350 Paisley Rd, Unit A

24 Menzie Ave

24 Menzie Ave

25 Elizabeth St

45 Bowen Dr

45 Bowen Dr

45 Bowen Dr
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.

Quattro One, Two, Three and Four

76 Summit Ridge Dr

76 Summit Ridge Dr
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 | $2,024 | $1,200 | $2,650 |
| Guelph/Eramosa 2 Bedroom Apartments | $2,489 | $1,150 | $4,900 |
| Guelph/Eramosa 3 Bedroom Apartments | $2,486 | $975 | $4,750 |
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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. Silvercreek Parkway in the Guelph West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,675. 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 |
| Silvercreek Parkway | 1 Bedroom Promotional Price for First 8 Months* | 1BR,1BA | $1,675 |
| Bryden Apartments | 1 Bedroom | 1BR,1BA | $1,695 |
| Skyview Place Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1,708 |
| 26 Willow Road Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,735 |
| Treeview Towers | Studio | Studio,1BA | $1,749 |
| Southwood Apartments | 1 Bed 1 Bath A | 1BR,1BA | $1,750 |
| Quattro One, Two, Three and Four | Two Bedrooms | 2BR,1BA | $1,770 |
| 85 & 89 Willow Road Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,775 |
| Westport Towers Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,780 |
Best Value Apartments for Rent in Guelph/Eramosa, ON and Nearby
As of July 13, 2026 the best value apartment in the Guelph/Eramosa 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 Guelph/Eramosa apartment is the 3 Bedroom Model at Towns on Burns starting at $2,598 with a $2.02 price per square foot in the Guelph West 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. |
|---|---|---|---|
| The Watson Residences | 2 bedroom + den | 2BR,1BA | $1.60 |
| Towns on Burns | 3 Bedroom | 3BR,1BA | $2.02 |
| Juniper Apartments | 2 Bedroom | 2BR,1BA | $2.18 |
| Brantview Apartments | Two Bedroom | 2BR,1BA | $1.91 |
| Briarwood | 2 Bedroom | 2BR,1BA | $2.23 |
| 12 Brant Ave | 2 Bedroom | 2BR,1BA | $2.22 |
| Bryden Apartments | 1 Bedroom | 1BR,1BA | $1.92 |
| Quattro One, Two, Three and Four | Two Bedrooms | 2BR,1BA | $2.01 |
| 283 Bristol St | One Bedroom | 1BR,1BA | $2.20 |
| 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.
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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 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 $1,450 at 45-51 E Surrey St.
What is the most affordable Guelph/Eramosa Three Bedroom Apartment?
The best deal on a cheap Guelph/Eramosa Three Bedroom Apartment rental is at Brantview Apartments and starts from $2,275.
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.