Cheap Apartments for Rent in Niagara Falls, ON from $700 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in Niagara Falls.

property at 8004 Lundy's Ln

$999 - $1,800

Studio To 2 Bedroom Rentals

Available Now

8004 Lundy's Ln

Niagara FallsONL2H 3W5
property at 7701 Lundy's Ln

$1,200 - $1,250

Studio Rentals

Available Now

7701 Lundy's Ln

Niagara FallsONL2H 1H3

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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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The Terrace on Lundy's
$1,250Studio to 1 Bedroom Apartments

The Terrace on Lundy's

7737 Lundy's LnNiagara Falls, ON L2H 1H3
Furnished
  • Utilities Included
  • Smoke Free

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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43 Ormond Street S
$1,297Studio to 1 Bedroom Apartments

43 Ormond Street S

43 Ormond St SThorold, ON L2V 1Y3
Student Housing
  • Smoke Free

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.

Niagara Falls, ON Local Guide

Cheapest Neighborhoods for Apartments in Niagara Falls, ON

Pricing Updated: 01/24/2026

Current apartment rentals in the Niagara Falls, ON area range in price from $574 to $2,120 with an overall median price of $1,553. The three Niagara Falls neighborhoods with the lowest median rent pricing are Clifton Hill at $574, Orchard Park at $574, and Lundys Lane at $574. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Niagara Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Clifton Hill$1,400$57425
Orchard Park$1,400$57436
Lundys Lane$1,450$57428
Corwin Crescent$1,500$70028
Drummond Heights$1,500$70027
Queensway Garden Stamford Centre$1,750$80013
Niagara Falls South$1,875$99910

Cheapest Available Niagara Falls Apartments for Rent

 

The cheapest available apartment rental in Niagara Falls, ON is a 1 Bed unit found at Avalon Residences in the Corwin Crescent neighborhood priced from $999. The Terrace on Lundy's in the Corwin Crescent neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here is today’s list of the most affordable Niagara Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Avalon ResidencesStudio1BR,1BA$999
The Terrace on Lundy'sStudioStudio,1BA$1,250
6320 Valley Way1-Bedroom1BR,1BA$1,550
Heritage Place Apartments1 Beds, 1 Baths1BR,1BA$1,595
Squire Court Apartments2 Bed 1 Bath A2BR,1BA$1,625

Best Value Apartments for Rent in Niagara Falls, ON

As of January 24, 2026 the best value apartment in the Niagara Falls area is the $2.06 price per square foot 3 bedroom Model at Village of Niagara Townhouses in the in the Clifton Hill neighborhood starting from $2,549. The second greatest value Niagara Falls apartment is the 2 Beds, 2 Baths Model at Bellagio Niagra starting at $2,470 with a $2.39 price per square foot in the Greater Niagara Falls neighborhood. Here is today’s list of the best values for Niagara Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Village of Niagara Townhouses3 bedroom3BR,1.5BA$2.06
Bellagio Niagra2 Beds, 2 Baths2BR,2BA$2.39
IMPERIAL TOWERS APARTMENTS2 Beds, 1 Baths2BR,1BA$2.01
Victoria Park Towers2 Beds, 1 Baths2BR,1BA$2.01
Squire Court Apartments2 Bed 1 Bath A2BR,1BA$1.78
Casey Street Apartments2 Beds, 1 Baths2BR,1BA$2.13
Laura Secord Apartments2 Bed 1 Bath A2BR,1BA$2.00
St. Augustine Place2 Bed 1 Bath A2BR,1BA$2.34
6320 Valley Way1-Bedroom1BR,1BA$2.23
Lord Simcoe Apartments1 Bed 1 Bath A1BR,1BA$2.42

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

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Frequently Asked Questions about Cheap Niagara Falls Apartments

What is the Cheapest Studio apartment in Niagara Falls?

Currently the most affordable Cheap Studio Apartment in Niagara Falls is at The Terrace on Lundy's listed at $1,250.

How much is rent for a Cheap One Bedroom Niagara Falls Apartment?

The lowest price for a Cheap One Bedroom Niagara Falls Apartment is $999 at Avalon Residences.

What is the lowest price for a Cheap Two Bedroom Niagara Falls Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Niagara Falls is starting from $1,625 at Squire Court Apartments.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.