Cheap Apartments for Rent in Kitchener, ON from $400 (75 Rentals)

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Search the lowest-cost Apartments available for rent right now in Kitchener.

property at 95 Kehl St

$900 - $1,700

Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,700

Total Monthly Price
$900 - $1,700

2 Bedroom, 1 Bath Home for Rent

Available Now

95 Kehl St

KitchenerONN2M 3V1
property at 162 Jansen Av

$500

Total Monthly Price

Total Monthly Price

Base Rent
$500

Total Monthly Price
$500

3 Bedroom, 1.5 Bath Townhome for Rent

Available Now

162 Jansen Av

KitchenerONN2A 2L7
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Duke Street Manor
$875 - $1,800Studio to 2 Bedroom Apartments

Duke Street Manor

156 Duke St WKitchener, ON N2H 3W7
  • Utilities Included
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118 Fife Ave
$1,095 - $1,1951 to 2 Bedroom Apartments

118 Fife Ave

118 Fife AveKitchener, ON N2B 3C1
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110 Fife Ave
$1,095 - $1,1951 to 2 Bedroom Apartments

110 Fife Ave

110 Fife AveKitchener, ON N2B 3C1

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.

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Park Manor
$1,0951 Bedroom Apartments

Park Manor

521 Park StKitchener, ON N2G 1N8
  • Utilities Included
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65 Roy St
$1,100 - $1,350Studio to 2 Bedroom Apartments

65 Roy St

65 Roy StKitchener, ON N2H 4B4
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141-149 Borden Ave N
$1,2502 Bedroom Apartments

141-149 Borden Ave N

141-149 Borden Ave NKitchener, ON N2H 3J5
  • Utilities Included
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10-14 Rosedale Ave
$1,250 - $1,450Studio to 2 Bedroom Apartments

10-14 Rosedale Ave

10-14 Rosedale AveKitchener, ON N2H 1J3
  • Utilities Included
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Morgan Apartments
$1,275 - $2,249Studio to 3 Bedroom Apartments

Morgan Apartments

167 Morgan AveKitchener, ON N2A 2M4
  • Utilities Included

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

$695 - $825

1 To 5 Bedroom Rentals

Available Now

251 Lester St

WaterlooONN2L 3W6
property at 392 Albert St

$740 - $795

1 Bedroom Rentals

Available Now

392 Albert St

WaterlooONN2L 3V1
property at 261 Lester St

$600 - $825

1 To 5 Bedroom Rentals

Available Now

261 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.

property at 253 Lester St

$795 - $825

1 To 5 Bedroom Rentals

Available May 1

253 Lester St

WaterlooONN2L 3W6
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86 University Av W
$863
Total Monthly Price

Total Monthly Price

Base Rent
$863

Total Monthly Price
$863
5 Bedroom Apartment Available Sep 1

86 University Av W

86 University Av WWaterloo, ON N2L 3C8
Furnished
  • Smoke Free

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.

property at 378 Albert St

$500

Total Monthly Price

Total Monthly Price

Base Rent
$500

Total Monthly Price
$500

4 Bedroom, 1 Bath Home for Rent

Available May 1

378 Albert St

WaterlooONN2L 3V1
property at 250 Keats Way

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

1 Bedroom, 1 Bath Townhome for Rent

Available May 1

250 Keats Way

WaterlooONN2L 6J5
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308 Hawthorn St
$675 - $725Studio Apartments

308 Hawthorn St

308 Hawthorn StWaterloo, ON N2L 3N4
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261 Lester St
$750Studio to 1 Bedroom Apartments

261 Lester St

261 Lester StWaterloo, ON N2L 3W6
Student Housing

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Kitchener, ON Local Guide

Cheapest Neighborhoods for Apartments in Kitchener, ON

Pricing Updated: 04/15/2026

Current apartment rentals in the Kitchener, ON area range in price from $575 to $2,975 with an overall median price of $2,373. The three Kitchener neighborhoods with the lowest median rent pricing are Kitchener Central at $1,320, Kitchener North West at $1,350, and Kitchener South East at $900. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Kitchener Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Kitchener Central$1,895$1,32046
Kitchener North West$2,300$1,35011
Kitchener South East$2,400$90053
Kitchener North East$2,422$1,49535
Kitchener South Central$2,525$90044
Kitchener South West$2,700$57537

Cheapest Available Kitchener Apartments for Rent

 

The cheapest available apartment rental in Kitchener, ON is a 1 Bed unit found at Spring Village in the Waterloo North East neighborhood priced from $785. University Place - 50 University Ave E in the Waterloo North East neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from $795. Here is today’s list of the most affordable Kitchener apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Spring Village1 Bedroom Shared Accommodation1BR,1BA$785
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$795
185 King St N5 Beds, 5 baths5BR,5BA$929
1025 King St E1 Bedroom1BR,1BA$1,200
EvokeA1 - StudioStudio,1BA$1,387
Metropolitan Towers1 Bedroom1BR,1BA$1,399
772 Stirling Av S1 Bed, 1 bath1BR,1BA$1,399
43 Benton St1 Bedroom1BR,1BA$1,400
Avenue Apartments0 Bedroom, 1 BathroomStudio,1BA$1,425
NUVO - 1442 Highland Road WestStudioStudio,1BA$1,425

Best Value Apartments for Rent in Kitchener, ON

As of April 15, 2026 the best value apartment in the Kitchener area is the $1.86 price per square foot 3 Bed Model at NUVO - 1442 Highland Road West in the in the Kitchener South Central neighborhood starting from $2,700. The second greatest value Kitchener apartment is the 3 Bedroom Model at 21 Holborn Drive starting at $2,497 with a $1.86 price per square foot in the Kitchener North East neighborhood. Here is today’s list of the best values for Kitchener apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
NUVO - 1442 Highland Road West3 Bed3BR,2BA$1.86
21 Holborn Drive3 Bedroom3BR,1BA$1.86
75 Old Chicopee Drive3 Bedroom3BR,1BA$1.86
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.72
Fairview Towers2 Bedroom2BR,1.5BA$1.83
Beacon TowerTwo Bedroom2BR,1BA$1.99
11 Devitt Av S2 Bedroom2BR,1BA$1.75
Newport Towers2 Bedroom2BR,1BA$1.90
90 Country Hill Dr2 Bedroom2BR,1BA$1.74
214 York Queen1 Bed1BR,1BA$1.87

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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

Explore Kitchener, ON Rentals by Map

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Frequently Asked Questions about Cheap Kitchener Apartments

What is a cheap apartment in Kitchener?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kitchener is under $1,425.

What is the price of a cheap apartment in Kitchener?

The cheapest apartment in Kitchener is Spring Village which is listed at $785, while the average apartment in Kitchener costs $2,373.

What types of apartments are the cheapest in Kitchener?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 18 regular apartments in Kitchener that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Kitchener?

Cheap apartments in Kitchener have an average cost of $537 which is $1,836 cheaper than the average rent for all rentals in Kitchener.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.