
Cheap Apartments for Rent in North Perth, ON from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in North Perth.


Total Monthly Price
University Place - 50 University Ave E

45-51 E Surrey St

MyRez on Lester

1025 King St E

Mooregate Apartments

NUVO - 1442 Highland Road West
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.

Total Monthly Price
Kingswood Estates

Cedarwoods Tower

Avenue Apartments

Capitol Hill Apartments

Queen Margaret II

Park Place

407 Keats Way
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.

119 University Av E

271 Lester St

16 Marshall St

158-1158 King St N

Kappele Circle

99 Westwood Dr

605 Davenport Road
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.
North Perth, ON Local Guide
How much does it cost to rent an apartment in North Perth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Perth Studio Apartments | $1,476 | $795 | $1,699 |
| North Perth 1 Bedroom Apartments | $2,017 | $1,200 | $5,180 |
| North Perth 2 Bedroom Apartments | $2,231 | $995 | $5,665 |
| North Perth 3 Bedroom Apartments | $2,354 | $795 | $6,105 |
| North Perth 4 Bedroom Apartments | $1,263 | $750 | $3,620 |
Browse Top Apartments in North Perth
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North Perth, ON Local Guide
- Nearby Cities
Cheapest Available North Perth Apartments for Rent and Nearby
 The cheapest available apartment rental in North Perth, ON is a 5 Beds unit found at Preston House in the Waterloo North East neighborhood priced from $749. King Street Towers in the Waterloo North East neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from $750. Here is today’s list of the most affordable North Perth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $749 |
| King Street Towers | 6 Bedroom/ 5 Bath Tower 2 | 6BR,5BA | $750 |
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $795 |
| 45-51 E Surrey St | Studio | Studio, | $795 |
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in North Perth, ON and Nearby
As of June 08, 2026 the best value apartment in the North Perth area is the $1.77 price per square foot 3 Bedroom(s) and 1.5 Bathroom(s) Model at Sunnydale in the in the Waterloo North West neighborhood starting from $2,650. The second greatest value North Perth apartment is the 2 Bedroom Model at Riverside Place starting at $1,850 with a $1.38 price per square foot in the Kitchener North East neighborhood. Here is today’s list of the best values for North Perth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunnydale | 3 Bedroom(s) and 1.5 Bathroom(s) | 3BR,1.5BA | $1.77 |
| Riverside Place | 2 Bedroom | 2BR,1BA | $1.38 |
| King Street Towers | 5 Bedroom/ 5 Bath Tower 1 | 5BR,5BA | $0.85 |
| Gresham Place | 3 Bedroom | 3BR,1BA | $1.59 |
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.72 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.74 |
| Bridgeport House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.70 |
| 295 Willow St | Two Bedroom Apartment | 2BR,1BA | $2.07 |
| Highpoint Kitchener | 2 Bed 1 Bath A | 2BR,1BA | $1.99 |
| Beacon Tower | One Bedroom | 1BR,1BA | $1.99 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore North Perth, ON Rentals by Map
See the most popular apartments and homes in North Perth, ON
Frequently Asked Questions about Cheap North Perth Apartments
What is the Cheapest Studio apartment in North Perth?
Currently the most affordable Cheap Studio Apartment in North Perth is at 45-51 E Surrey St listed at $795.
How much is rent for a Cheap One Bedroom North Perth Apartment?
The lowest price for a Cheap One Bedroom North Perth Apartment is $1,200 at 45-51 E Surrey St.
What is the lowest price for a Cheap Two Bedroom North Perth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in North Perth is starting from $1,450 at 45-51 E Surrey St.
What is the most affordable North Perth Three Bedroom Apartment?
The best deal on a cheap North Perth Three Bedroom Apartment rental is at University Place - 50 University Ave E and starts from $795.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.