Cheap Apartments for Rent in Kitchener, ON from $400 (19 Rentals)

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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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110 Fife Ave
1 to 2 Bedroom Apartments

110 Fife Ave

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

Park Manor

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

65 Roy St

65 Roy StKitchener, ON N2H 4B4

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.

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308 Hawthorn St
Studio Apartments

308 Hawthorn St

308 Hawthorn StWaterloo, ON N2L 3N4

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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261 Lester St
Studio to 1 Bedroom Apartments

261 Lester St

261 Lester StWaterloo, ON N2L 3W6
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Spring Village
1 to 2 Bedroom Apartments

Spring Village

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

Linden Village

203 Lester StWaterloo, ON N2L 0B5
Student Housing
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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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185 King St N
5 Bedroom Apartments

185 King St N

185 King St NWaterloo, ON N2J 0E1
Student Housing
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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.

Kitchener, ON Local Guide

Cheapest Neighborhoods for Apartments in Kitchener, ON

Pricing Updated: 11/21/2025

Current apartment rentals in the Kitchener, ON area range in price from $575 to $4,505 with an overall median price of $2,625. The three Kitchener neighborhoods with the lowest median rent pricing are Kitchener South East at $1,495, Kitchener South Central at $1,350, and Kitchener North West at $1,395. 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 East$2,345$1,49565
Kitchener South Central$2,350$1,35054
Kitchener North West$2,420$1,39516
Kitchener South West$2,447$57548
Kitchener Central$2,895$1,35059
Kitchener North East$3,295$1,30043

Cheapest Available Kitchener Apartments for Rent

 

The cheapest available apartment rental in Kitchener, ON is a Studio unit found at 261 Lester St in the Waterloo North East neighborhood priced from $750. Spring Village in the Waterloo North East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here is today’s list of the most affordable Kitchener apartments for rent:

Apartment ListingModel NameBed/BathPriced From
261 Lester St0 Beds, 2 BathsStudio,2BA$750
Spring Village1 Bedroom Shared Accommodation1BR,1BA$785
185 King St N5 Beds, 5 baths5BR,5BA$900
Mooregate Apartments0 Bedroom, 1 BathroomStudio,1BA$1,360
Evoke Kitchener0 Bedroom(s) and 1 Bathroom(s)Studio,1BA$1,425

Best Value Apartments for Rent in Kitchener, ON

As of November 21, 2025 the best value apartment in the Kitchener area is the $1.64 price per square foot 2 Beds, 1 Baths Model at William Apartments in the in the Waterloo Uptown neighborhood starting from $2,430. The second greatest value Kitchener apartment is the 2 Bedroom, 1 Bathroom Model at Avenue Apartments starting at $1,860 with a $1.45 price per square foot in the Waterloo 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.
William Apartments2 Beds, 1 Baths2BR,1BA$1.64
Avenue Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.45
Victoria Park Place I2 Bedroom Model2BR,2BA$1.94
Vertikal1 Bed + Den, 1 Bath Model1BR,1BA$1.98
Regency2 Bedroom2BR,1BA$1.90
Westheights Place2 Bedroom Premium2BR,1BA$1.76
140 Kipling Ave2 Bedroom Model2BR,1BA$1.76
250 Frederick StOne Bedroom1BR,1BA$1.89
Surrey Place Apartments1 Bedroom1BR,1BA$1.94
214 York Queen1 Bed1BR,1BA$1.94

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

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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 $1,500.

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 $2,625.

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 9 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 $149 which is $2,476 cheaper than the average rent for all rentals in Kitchener.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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.

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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.