
Cheap Apartments for Rent in Hanover, ON from $1,400 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in Hanover.


11th Avenue Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

591 12th St

Regency Tower (Owen Sound)
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Hanover, ON Local Guide
How much does it cost to rent an apartment in Hanover?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hanover 1 Bedroom Apartments | $2,020 | $1,550 | $2,298 |
| Hanover 2 Bedroom Apartments | $2,395 | $1,950 | $2,929 |
| Hanover 3 Bedroom Apartments | $3,865 | $3,065 | $6,117 |
| Hanover 4 Bedroom Apartments | $2,171 | $2,171 | $2,171 |
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Hanover, ON Local Guide
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Best Value Apartments for Rent in Hanover, ON and Nearby
As of July 27, 2026 the best value apartment in the Hanover area is the $2.31 price per square foot 1 Bedroom Model at The Watson Residences in the in the Guelph East neighborhood starting from $2,039. The second greatest value Hanover apartment is the 1 Beds, 1 Baths Model at Vale Apartments starting at $1,950 with a $2.75 price per square foot . Here is today’s list of the best values for Hanover apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Watson Residences | 1 Bedroom | 1BR,1BA | $2.31 |
| Vale Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.75 |
| Regency Tower (Owen Sound) | 1 Bed 1 Bath G | 1BR,1BA | $2.58 |
| 11th Avenue Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.46 |
| Silvercreek Apartments | 1 Beds, 1 Baths | 1BR,1BA | $3.54 |
| Hanover Tower Apartments | 1 Beds, 1 Baths | 1BR,1BA | $3.20 |
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?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hanover, ON Rentals by Map
See the most popular apartments and homes in Hanover, ON
Frequently Asked Questions about Cheap Hanover Apartments
How much is rent for a Cheap One Bedroom Hanover Apartment?
The lowest price for a Cheap One Bedroom Hanover Apartment is $1,600 at Hanover Tower Apartments.
What is the lowest price for a Cheap Two Bedroom Hanover Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hanover is starting from $1,720 at 11th Avenue Apartments.
What is the most affordable Hanover Three Bedroom Apartment?
The best deal on a cheap Hanover Three Bedroom Apartment rental is at Silvercreek Apartments and starts from $3,065.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.