260 Lansdowne St W
PeterboroughONK9J 1Y8
Cheap Homes for Rent in Lakefield, ON from $700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in Lakefield.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
265 Bethune St
PeterboroughONK9J 3L5
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.
Showing Results 1-2, Page 1 of 1
Lakefield, ON Local Guide
How much does it cost to rent a home in Lakefield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakefield 2 Bedroom Homes for Rent | $1,700 | $750 | $2,400 |
| Lakefield 3 Bedroom Homes for Rent | $2,366 | $2,200 | $2,600 |
Browse Top Homes for Rent in Lakefield
Explore Lakefield
Lakefield, ON Local Guide
- Nearby Cities
Best Value Apartments for Rent in Lakefield, ON and Nearby
As of June 03, 2026 the best value apartment in the Lakefield area is the $1.81 price per square foot 3 Bed 1 Bath A Model at Carriage Hill in the in the Oshawa North neighborhood starting from $2,475. The second greatest value Lakefield apartment is the 3 Bedroom Model at Cedar Valley Townhomes starting at $2,650 with a $2.11 price per square foot in the Oshawa North neighborhood. Here is today’s list of the best values for Lakefield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carriage Hill | 3 Bed 1 Bath A | 3BR,1BA | $1.81 |
| Cedar Valley Townhomes | 3 Bedroom | 3BR,2BA | $2.11 |
| 17Hundred | 3 Beds, 2 Baths | 3BR,1BA | $0.92 |
| Taunton Terrace | 3 Bed 1 Bath A | 3BR,1BA | $1.99 |
| Regent Apartments | 2 bedrooms | 2BR,1BA | $2.03 |
| 1200 Talwood Court | 2 Bedroom | 2BR,1BA | $2.12 |
| 230 Nipigon St | 2 Bedroom | 2BR,1BA | $2.22 |
| The Richelieu | 2 Bedroom | 2BR,1BA | $2.18 |
| Parkhill | 1 Bedroom | 1BR,1BA | $2.06 |
| Bedford Oaks | 1 Bedroom | 1BR,1BA | $2.23 |
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 Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Let everyone know!
Do you know the Lakefield area?
If you’re an expert on all things Lakefield, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakefield, ON Rentals by Map
See the most popular apartments and homes in Lakefield, ON
Frequently Asked Questions about Lakefield
What type of rentals are currently available in Lakefield?
There are currently 30 Apartments for Rent in Lakefield, ON with pricing that ranges from $648 to $4,550. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakefield ranging from $750 to $2,600.
What is the current price range for Rental Homes in Lakefield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakefield ranges from $750 to $2,600 with an average monthly rent of $1,797.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.