Cheap Homes for Rent in Kitchener, ON from C$700 (33 Rentals)

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property at 251 Lester St

251 Lester St

WaterlooONN2L 3W6
property at 271 Lester St

271 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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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

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Showing Results 1-33, Page 1 of 1

Kitchener, ON Local Guide

Cheapest Neighborhoods for Apartments in Kitchener, ON

Pricing Updated: 07/29/2025

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$2,414. The three Kitchener neighborhoods with the lowest median rent pricing are Kitchener Central at C$1,299, Kitchener North West at C$1,445, and Kitchener South West at C$575. 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 CentralC$2,095C$1,29946
Kitchener North WestC$2,122C$1,44519
Kitchener South WestC$2,225C$57552
Kitchener South CentralC$2,345C$1,35041
Kitchener North EastC$2,850C$1,50034
Kitchener South EastC$2,850C$1,53048

Cheapest Available Kitchener Apartments for Rent

 

The cheapest available apartment rental in Kitchener, ON is a 4 Beds unit found at University Place - 50 University Ave E in the Waterloo North East neighborhood priced from C$670. 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
University Place - 50 University Ave E4 Beds, 1.5 baths4BR,1BAC$670
261 Lester St0 Beds, 2 BathsStudio,2BAC$750
253 Lester St0 Beds, 2 BathsStudio,2BAC$795
King Street Towers - Student Living4 Bedroom/ 3 Bath4BR,3BAC$830
Spring Village1 Bedroom Shared Accommodation1BR,1BAC$973
214 York QueenStudioStudio,1BAC$1,200
1025 King St E1 Bedroom1BR,1BAC$1,300
Mooregate Apartments0 Bedroom, 1 BathroomStudio,1BAC$1,350
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 July 30, 2025 the best value apartment in the Kitchener area is the C$1.81 price per square foot 2 Bedroom, 1 Bathroom Model at Avenue Apartments in the in the Waterloo North East neighborhood starting from C$2,315. The second greatest value Kitchener apartment is the 2 Beds, 1 Baths Model at William Apartments starting at C$2,490 with a C$1.98 price per square foot in the Waterloo Uptown 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.
Avenue Apartments2 Bedroom, 1 Bathroom2BR,1BAC$1.81
William Apartments2 Beds, 1 Baths2BR,1BAC$1.98
University Place - 50 University Ave E4 Beds, 1.5 baths4BR,1.5BAC$0.54
250 Frederick StTwo Bedroom2BR,1BAC$1.73
Richmond Square2 Bedroom(s) and 2 Bathroom(s)2BR,2BAC$2.01
Fergus House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1.37
94 Beck StTwo Bedroom2BR,1BAC$1.96
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1.46
Green Valley Towers1 Bedroom1BR,1BAC$1.99
Gresham Place1 Bedroom1BR,1BAC$1.98

Quick Rent Budget Calculator

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Frequently Asked Questions about Kitchener

What type of rentals are currently available in Kitchener?

There are currently 883 Apartments for Rent in Kitchener, ON with pricing that ranges from C$575 to C$6,450. There are also 448 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kitchener ranging from C$700 to C$6,000.

What is the current price range for Rental Homes in Kitchener?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Kitchener ranges from C$700 to C$6,000 with an average monthly rent of C$3,130.

How much are larger Three and Four Bedroom Rentals in Kitchener?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Kitchener range from C$2,050 to C$4,365, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$900 to C$3,500. Four Bedroom Single-Family rentals are also available starting from C$2,200 and Four Bedroom Apartments start at C$670.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.