
Cheap Apartments for Rent in Kitchener, ON from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Kitchener.


110 Fife Ave

Park Manor

Northview Apartments

65 Roy St

10-14 Rosedale Ave
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.

Idlewood Apartments

141-149 Borden Ave N

Morgan Apartments

379-379 Erb St. W

251-251 Lester St

253-253 Lester St
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.

271-271 Lester St

King Street Towers - Student Living

MyRez On Lester - Student Living

308 King

University Place - 50 University Ave E

308 Hawthorn St
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.

261 Lester St

Spring Village

253 Lester St

251 Lester St

185 King St N

159 University Ave E
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.

Sage Six
Kitchener, ON Local Guide

How much does it cost to rent an apartment in Kitchener?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Kitchener Studio Apartments | $1,550 | $1,400 | $1,875 |
| Cheap Kitchener 1 Bedroom Apartments | $1,900 | $575 | $2,700 |
| Cheap Kitchener 2 Bedroom Apartments | $2,137 | $1,213 | $3,719 |
| Cheap Kitchener 3 Bedroom Apartments | $2,284 | $1,200 | $2,895 |
| Cheap Kitchener 4 Bedroom Apartments | $1,439 | $1,060 | $2,700 |
| Kitchener 5 Bedroom Apartments | $1,054 | $750 | $1,350 |
Browse Top Apartments in Kitchener
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Kitchener, ON Local Guide
- Kitchener Neighborhoods
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Cheapest Neighborhoods for Apartments in Kitchener, ON
Pricing Updated: 01/06/2026Current apartment rentals in the Kitchener, ON area range in price from $750 to $6,000 with an overall median price of $3,462. The three Kitchener neighborhoods with the lowest median rent pricing are Kitchener Waterloo Region at $1,980, Kitchener Central at $1,375, and Kitchener South Central at $1,375. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Kitchener Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Kitchener Waterloo Region | $2,200 | $1,980 | 2 |
| Kitchener Central | $3,499 | $1,375 | 129 |
| Kitchener South Central | $3,499 | $1,375 | 113 |
| Kitchener South West | $3,550 | $750 | 86 |
| Kitchener South East | $3,649 | $1,400 | 189 |
| Kitchener North West | $3,850 | $1,395 | 77 |
| Kitchener North East | $3,990 | $1,500 | 73 |
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. MyRez On Lester - Student Living in the Waterloo North East neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $1,060. Here is today’s list of the most affordable Kitchener apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spring Village | 1 Bedroom Shared Accommodation | 1BR,1BA | $785 |
| MyRez On Lester - Student Living | 5 Bedroom, 2.5 Bath | 5BR,2BA | $1,060 |
| King Street Towers - Student Living | 6 Bedroom/ 5 Bath Tower 2 | 6BR,5BA | $1,060 |
| Preston House - Student Living | 5 Bedroom, 5 Bath | 5BR,5BA | $1,065 |
| Sage Six | Studio, 1 bath | Studio,1BA | $1,110 |
Best Value Apartments for Rent in Kitchener, ON
As of January 07, 2026 the best value apartment in the Kitchener area is the $1.90 price per square foot 3 Beds, 2 baths Model at Ivy Towns in the in the Waterloo North East neighborhood starting from $3,450. The second greatest value Kitchener apartment is the 5 Bedroom, 2.5 Bath Model at MyRez On Lester - Student Living starting at $1,060 with a $0.70 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ivy Towns | 3 Beds, 2 baths | 3BR,2BA | $1.90 |
| MyRez On Lester - Student Living | 5 Bedroom, 2.5 Bath | 5BR,2.5BA | $0.70 |
| William Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.64 |
| Fairview Towers | 2 Bedroom | 2BR,1.5BA | $1.83 |
| King Street Towers - Student Living | 4 Bedroom/ 4 Bath | 4BR,4BA | $1.04 |
| Preston House - Student Living | 5 Bedroom, 5 Bath | 5BR,5BA | $1.06 |
| Bridgeport House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.99 |
| Vertikal | 1 Bed, 1 Bath Model | 1BR,1BA | $1.76 |
| Fergus House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | $1.31 |
| Hespeler House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | $1.38 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Kitchener, ON Rentals by Map
See the most popular apartments and homes in Kitchener, ON
Frequently Asked Questions about Cheap Kitchener Apartments
What is the Cheapest Studio apartment in Kitchener?
Currently the most affordable Cheap Studio Apartment in Kitchener is at Sage Six listed at $1,110.
How much is rent for a Cheap One Bedroom Kitchener Apartment?
The lowest price for a Cheap One Bedroom Kitchener Apartment is $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 $1,213 at 308 King.
What is the most affordable Kitchener Three Bedroom Apartment?
The best deal on a cheap Kitchener Three Bedroom Apartment rental is at 21 Holborn Drive and starts from $1,425.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!