
Cheap Apartments for Rent near North Perth, ON from $700 (32 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

Preston House

1025 King St E

Cedarwoods Tower

The HUB GEOWAVE
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.

The HUB - 365 Albert

Capitol Hill Apartments

Mooregate Apartments

Riverside Place

NUVO - 1442 Highland Road West

THE LINQ

Avenue Apartments

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.

The Wynbrook

Queen Margaret II

Metropolitan Towers

Park Place

121 University Ave E

261-261 Lester St

271 Lester St

158-1158 King St N
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.

296 Patricia Av

Kappele Circle

250 Frederick St

99 Westwood Dr

301 Westmount Rd W

605 Davenport Road

501 Thorndale Dr

257-257 Hemlock St
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.
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 | $1,474 | $795 | $1,699 |
| North Perth 1 Bedroom Apartments | $1,774 | $1,200 | $5,180 |
| North Perth 2 Bedroom Apartments | $2,151 | $1,140 | $5,665 |
| North Perth 3 Bedroom Apartments | $2,391 | $795 | $6,105 |
| North Perth 4 Bedroom Apartments | $1,147 | $750 | $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 Studio unit found at 45-51 E Surrey St in the Guelph East neighborhood priced from $795. University Place - 50 University Ave E in the Waterloo North East neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from $795. Here is today’s list of the most affordable North Perth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 45-51 E Surrey St | Studio | Studio, | $795 |
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $795 |
| 1025 King St E | 1 Bedroom | 1BR,1BA | $1,200 |
| 250 Frederick St | One Bedroom | 1BR,1BA | $1,275 |
| Cedarwoods Tower | 1 Bed 1 Bath B | 1BR,1BA | $1,320 |
| Capitol Hill Apartments | 1 Bed 1 Bath C | 1BR,1BA | $1,405 |
| Mooregate Apartments | Studio, 1 Bathroom | Studio,1BA | $1,415 |
| Riverside Place | 2 Bedroom | 2BR,1BA | $1,424 |
| NUVO - 1442 Highland Road West | Studio | Studio,1BA | $1,425 |
| THE LINQ | 1 Bedroom plus Dining | 1BR,1BA | $1,452 |
Best Value Apartments for Rent in North Perth, ON and Nearby
As of July 27, 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 $1,424 with a $1.06 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 | $1.06 |
| Beechwood Apartments | 2 Beds, 1.5 baths | 2BR,1.5BA | $1.79 |
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.72 |
| 89-115 Greenwood Dr | Two Bedroom Apartment | 2BR,1BA | $1.84 |
| Parkside Tower | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.98 |
| The HUB - 365 Albert | 1 Bedroom plus Den | 1BR,1BA | $1.85 |
| Highpoint Kitchener | 2 Bed 1 Bath A | 2BR,1BA | $1.86 |
| Adanac Crossing | 2 Bedroom | 2BR,1BA | $2.07 |
| Beacon Tower | One Bedroom | 1BR,1BA | $1.97 |
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 $1,424 at Riverside Place.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.