
Cheap Apartments for Rent near North Perth, ON from $695 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in North Perth.


King Street Towers

45-51 E Surrey St

MyRez on Lester

Preston House

1025 King St E
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Cedarwoods Tower

Total Monthly Price
Kingswood Estates

Capitol Hill Apartments

The HUB GEOWAVE

The HUB - 365 Albert

Highpoint Kitchener
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

NUVO - 1442 Highland Road West

Mooregate Apartments

THE LINQ

Avenue Apartments

Park Place

271 Lester St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

74 Mcdougall Rd

Kappele Circle

85 High Acres Cres

317 Duke St W

99 Westwood Dr

301 Westmount Rd W
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.

Beacon Tower

605 Davenport Road
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 | $1,785 | $1,200 | $5,180 |
| North Perth 2 Bedroom Apartments | $2,133 | $1,140 | $5,665 |
| North Perth 3 Bedroom Apartments | $2,418 | $695 | $6,105 |
| North Perth 4 Bedroom Apartments | $1,194 | $695 | $3,620 |
Browse Top Apartments in North Perth
See all Apartments in North PerthExplore North Perth
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 6 Beds unit found at University Place - 50 University Ave E in the Waterloo North East neighborhood priced from $695. 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 |
|---|---|---|---|
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $695 |
| King Street Towers | 6 Bedroom/ 5 Bath Tower 2 | 6BR,5BA | $750 |
| 45-51 E Surrey St | Studio | Studio, | $795 |
| Fergus House | 4 Bedroom 4 Bathroom | 4BR,4BA | $799 |
| Hespeler House | 4 Bedroom 4 Bathroom | 4BR,4BA | $799 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1,150 |
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,200 |
| Cedarwoods Tower | 1 Bed 1 Bath B | 1BR,1BA | $1,320 |
| Capitol Hill Apartments | 1 Bed 1 Bath C | 1BR,1BA | $1,400 |
| Highpoint Kitchener | 1 Bed 1 Bath A | 1BR,1BA | $1,420 |
Best Value Apartments for Rent in North Perth, ON and Nearby
As of September 13, 2026 the best value apartment in the North Perth area is the $0.80 price per square foot 5 Bedroom/ 5 Bath Tower 2 Model at King Street Towers in the in the Waterloo North East neighborhood starting from $1,100. The second greatest value North Perth apartment is the 2 Bedroom Model at Riverside Place starting at $1,874 with a $1.40 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. |
|---|---|---|---|
| King Street Towers | 5 Bedroom/ 5 Bath Tower 2 | 5BR,5BA | $0.80 |
| Riverside Place | 2 Bedroom | 2BR,1BA | $1.40 |
| The HUB - 365 Albert | 2 Bedroom | 2BR,2BA | $1.63 |
| The HUB GEOWAVE | 2 Bedroom | 2BR,2BA | $1.63 |
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.63 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1.14 |
| Bridgeport House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.70 |
| Fergus House | 4 Bedroom 4 Bathroom | 4BR,4BA | $0.81 |
| Hespeler House | 4 Bedroom 4 Bathroom | 4BR,4BA | $0.87 |
| Beacon Tower | One Bedroom | 1BR,1BA | $1.76 |
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 ArticleNavigating 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.
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 $695.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.