Cheap Apartments for Rent in Kitchener, ON from C$500 (27 Rentals)

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

property at 73 Lois St

73 Lois St

KitchenerONN2B 2A2
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110 Fife Ave
1 to 2 Bedroom Apartments

110 Fife Ave

110 Fife AveKitchener, ON N2B 3C1
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118 Fife Ave
1 to 2 Bedroom Apartments

118 Fife Ave

118 Fife AveKitchener, ON N2B 3C1
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Park Manor
1 Bedroom Apartments

Park Manor

521 Park StKitchener, ON N2G 1N8
  • Utilities Included

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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65 Roy St
Studio to 2 Bedroom Apartments

65 Roy St

65 Roy StKitchener, ON N2H 4B4
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10-14 Rosedale Ave
Studio to 2 Bedroom Apartments

10-14 Rosedale Ave

10-14 Rosedale AveKitchener, ON N2H 1J3
  • Utilities Included
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141-149 Borden Ave N
2 Bedroom Apartments

141-149 Borden Ave N

141-149 Borden Ave NKitchener, ON N2H 3J5
  • Utilities Included
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Morgan Apartments
Studio 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 261 Lester St

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.

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308 Hawthorn St
Studio Apartments

308 Hawthorn St

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

261 Lester St

261 Lester StWaterloo, ON N2L 3W6

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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Spring Village
1 to 2 Bedroom Apartments

Spring Village

208 Sunview StWaterloo, ON N2L 3V6
Furnished
  • Smoke Free
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Linden Village
5 Bedroom Apartments

Linden Village

203 Lester StWaterloo, ON N2L 0B5
Student Housing
  • Utilities Included
  • Smoke Free
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253 Lester St
Studio Apartments

253 Lester St

253 Lester StWaterloo, ON N2L 3W6
Student Housing
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251 Lester St
1 to 2 Bedroom Apartments

251 Lester St

251 Lester StWaterloo, ON N2L 3W6
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Linden Crossing
1 to 2 Bedroom Apartments

Linden Crossing

205 Eagle StCambridge, ON N3H 1B9
  • Utilities Included
  • Smoke Free

Kitchener, ON Local Guide

Cheapest Neighborhoods for Apartments in Kitchener, ON

Pricing Updated: 09/28/2025

Current apartment rentals in the Kitchener, ON area range in price from C$575 to C$4,505 with an overall median price of C$2,457. The three Kitchener neighborhoods with the lowest median rent pricing are Kitchener South West at C$575, Kitchener North West at C$1,050, and Kitchener Central at C$1,050. 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 South WestC$2,045C$57551
Kitchener North WestC$2,122C$1,05021
Kitchener CentralC$2,345C$1,05057
Kitchener South EastC$2,355C$1,53057
Kitchener South CentralC$2,385C$1,55049
Kitchener North EastC$3,495C$1,05034

Cheapest Available Kitchener Apartments for Rent

 

The cheapest available apartment rental in Kitchener, ON is a 5 Beds unit found at The MARQ Waterloo at 345 King Street North in the Waterloo North East neighborhood priced from C$599. 261 Lester St in the Waterloo North East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$750. Here is today’s list of the most affordable Kitchener apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The MARQ Waterloo at 345 King Street North1 Room in a 5 Bedroom Immediate (12 Months)5BR,2BAC$599
261 Lester St0 Beds, 2 BathsStudio,2BAC$750
Spring Village1 Bedroom Shared Accommodation1BR,1BAC$785
King Street Towers - Student Living4 Bedroom/ 3 Bath4BR,3BAC$830
The Marq1 Room in a 4 Bedroom Immedaite (12 Months)4BR,2BAC$925
Linden Crossing1 Bedroom1BR,1BAC$1,150
MyRez On Lester - Student Living5 Bedroom, 2.5 Bath5BR,2BAC$1,225
Preston House - Student Living5 Bedroom, 5 Bath5BR,5BAC$1,280
Fergus House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1,350
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1,350

Best Value Apartments for Rent in Kitchener, ON

As of September 28, 2025 the best value apartment in the Kitchener area is the C$0.81 price per square foot 5 Bedroom, 2.5 Bath Model at MyRez On Lester - Student Living in the in the Waterloo North East neighborhood starting from C$1,225. The second greatest value Kitchener apartment is the 3 Bedroom Model at Gresham Place starting at C$2,399 with a C$1.91 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.
MyRez On Lester - Student Living5 Bedroom, 2.5 Bath5BR,2.5BAC$0.81
Gresham Place3 Bedroom3BR,1BAC$1.91
250 Frederick StTwo Bedroom2BR,1BAC$1.73
Preston House - Student Living5 Bedroom, 5 Bath5BR,5BAC$1.27
Bridgeport House - Student Living5 Bedroom, 5 Bath5BR,5BAC$1.22
The MARQ Waterloo at 345 King Street North1 Room in a 5 Bedroom SEPT. (12 Months)5BR,2BAC$0.85
Fergus House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1.37
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1.46
The Marq1 Room in a 4 Bedroom Immedaite (12 Months)4BR,2BAC$1.01
Linden Crossing1 Bedroom1BR,1BAC$1.85

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

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Frequently Asked Questions about Cheap Kitchener Apartments

How much is rent for a Cheap One Bedroom Kitchener Apartment?

The lowest price for a Cheap One Bedroom Kitchener Apartment is C$785 at Spring Village.

What is the lowest price for a Cheap Two Bedroom Kitchener Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Kitchener is starting from C$1,650 at Mad Mill Apartments.

What is the most affordable Kitchener Three Bedroom Apartment?

The best deal on a cheap Kitchener Three Bedroom Apartment rental is at Bluebird Apartments and starts from C$2,250.

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 Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide article

Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.