Cheap Homes for Rent in Kitchener, ON from $700 (62 Rentals)

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

property at 271 Lester St

$750

1 Bedroom Rentals

Available Now

271 Lester St

WaterlooONN2L 3W6
property at 253 Lester St

$750

1 Bedroom Rentals

Available Now

253 Lester St

WaterlooONN2L 3W6
property at 251 Lester St

$750

1 Bedroom Rentals

Available Now

251 Lester St

WaterlooONN2L 3W6
property at 261 Lester St

$750

1 Bedroom Rentals

Available Now

261 Lester St

WaterlooONN2L 3W6

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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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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property at 41 Vly Vw Rd

$1,550

1 Bedroom Rentals

Available Now

41 Vly Vw Rd

KitchenerONN2E 3H9

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.

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Kitchener, ON Local Guide

Cheapest Neighborhoods for Apartments in Kitchener, ON

Pricing Updated: 12/29/2025

Current apartment rentals in the Kitchener, ON area range in price from $575 to $3,250 with an overall median price of $2,466. The three Kitchener neighborhoods with the lowest median rent pricing are Kitchener North West at $1,395, Kitchener North East at $1,495, and Kitchener South East at $1,525. 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 North West$1,899$1,39514
Kitchener North East$2,262$1,49540
Kitchener South East$2,345$1,52557
Kitchener South Central$2,700$1,55047
Kitchener South West$2,700$57538
Kitchener Central$2,895$1,39548

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. 185 King St N in the Waterloo North East neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $949. Here is today’s list of the most affordable Kitchener apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Spring Village1 Bedroom Shared Accommodation1BR,1BA$785
185 King St N5 Beds, 5 baths5BR,5BA$949
21 Holborn Drive2 Bedroom2BR,1BA$1,425
Avenue Apartments0 Bedroom, 1 BathroomStudio,1BA$1,425
Huntington Place1 Bedroom1BR,1BA$1,449
Kings TowerStudioStudio,1BA$1,459
1025 King St E1 Bedroom1BR,1BA$1,475
931-932 Caledonian Vw1 Bedroom Model1BR,1BA$1,475
214 York Queen1 Bed1BR,1BA$1,500
Evoke Kitchener0 Bedroom(s) and 1 Bathroom(s)Studio,1BA$1,514

Best Value Apartments for Rent in Kitchener, ON

As of December 29, 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 $2,425. The second greatest value Kitchener apartment is the 2 Bedroom Model at Queen Margaret I starting at $1,899 with a $1.65 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,1BA$1.64
Queen Margaret I2 Bedroom2BR,1.5BA$1.65
Fairview Towers2 Bedroom2BR,1.5BA$1.83
Beacon TowerTwo Bedroom2BR,1BA$2.01
75 Old Chicopee Dr2 Bedroom(s) and 1 Bathroom(s)2BR,1BA$2.00
Vertikal1 Bed, 1 Bath Model1BR,1BA$1.76
Newport Towers2 Bedroom2BR,1BA$2.07
Cedarwoods Tower2 Bed 1 Bath A2BR,1BA$2.08
Gresham Place1 Bedroom1BR,1BA$1.95
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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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.

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Quick 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.

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

Explore Kitchener, ON Rentals by Map

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See the most popular apartments and homes in Kitchener, ON

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Kitchener, ON Apartments Map
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Frequently Asked Questions about Kitchener

What type of rentals are currently available in Kitchener?

There are currently 899 Apartments for Rent in Kitchener, ON with pricing that ranges from $575 to $3,719. There are also 543 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kitchener ranging from $725 to $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 $725 to $6,000 with an average monthly rent of $2,143.

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 $1,200 to $2,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,200. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $1,060.

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

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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.

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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.

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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!