Cheap Homes for Rent in Kitchener, ON from C$700 (28 Rentals)

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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.

property at 251 Lester St

251 Lester St

WaterlooONN2L 3W6
property at 158 King St N

158 King St N

WaterlooONN2J 0E5

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 502 Chablis Dr

502 Chablis Dr

WaterlooONN2T 2X8

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Kitchener, ON Local Guide

Cheapest Neighborhoods for Apartments in Kitchener, ON

Pricing Updated: 06/13/2025

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$2,418. The three Kitchener neighborhoods with the lowest median rent pricing are Kitchener South West at C$575, Kitchener Central at C$1,400, and Kitchener South East at C$1,539. 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$2,350C$57592
Kitchener CentralC$2,372C$1,400153
Kitchener South EastC$2,397C$1,53975
Kitchener South CentralC$2,400C$1,435130
Kitchener North EastC$2,495C$1,504122
Kitchener North WestC$2,495C$670125

Cheapest Available Kitchener Apartments for Rent

 

The cheapest available apartment rental in Kitchener, ON is a 6 Beds unit found at University Place - 50 University Ave E in the Kitchener North West neighborhood priced from C$670. King Street Towers in the Waterloo North East neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from C$730. Here is today’s list of the most affordable Kitchener apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BAC$670
King Street Towers6 Bedroom/ 5 Bath Tower 26BR,5BAC$730
253 Lester St0 Beds, 2 BathsStudio,2BAC$795
1025 King St E1 Bedroom1BR,1BAC$1,300
Fergus House4 Bedroom 4 Bathroom4BR,4BAC$1,350
Hespeler House4 Bedroom 4 Bathroom4BR,4BAC$1,375
Royal & Wales ApartmentsOne Bedroom1BR,1BAC$1,399
214 York QueenOne Bedroom1BR,1BAC$1,400
The EstatesBachelorStudio,1BAC$1,425
Mooregate Apartments0 Bedroom(s) and 1 Bathroom(s)Studio,1BAC$1,435

Best Value Apartments for Rent in Kitchener, ON

As of June 13, 2025 the best value apartment in the Kitchener area is the C$1.99 price per square foot 2 Beds, 1 Baths Model at William Apartments in the in the Waterloo Uptown neighborhood starting from C$2,495. The second greatest value Kitchener apartment is the Two Bedroom with Basement Model at Towns at Holborn starting at C$2,349 with a C$1.96 price per square foot in the Kitchener Central 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,1BAC$1.99
Towns at HolbornTwo Bedroom with Basement2BR,1BAC$1.96
Rivers Edge I (200 Eagle Street)2 Bedrooms2BR,1BAC$2.17
Gresham Place2 Bedroom2BR,1BAC$2.00
Fergus House4 Bedroom 4 Bathroom4BR,4BAC$1.37
University Place - 50 University Ave E2 Beds, 1 bath2BR,1BAC$0.69
Hespeler House4 Bedroom 4 Bathroom4BR,4BAC$1.49
250 Frederick StOne Bedroom1BR,1BAC$2.00
Green Valley Towers1 Bedroom1BR,1BAC$1.99
Westheights Place1 Bedroom Premium1BR,1BAC$2.15

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Kitchener

What type of rentals are currently available in Kitchener?

There are currently 880 Apartments for Rent in Kitchener, ON with pricing that ranges from C$575 to C$6,125. There are also 404 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kitchener ranging from C$700 to C$5,000.

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$5,000 with an average monthly rent of C$2,711.

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$670 to C$3,735, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$900 to C$3,995. Four Bedroom Single-Family rentals are also available starting from C$2,450 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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.