Cheap Homes for Rent in North Perth, ON from $500 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in North Perth.

property at 407 Keats Way

$500

Total Monthly Price

Total Monthly Price

Base Rent
$500

Total Monthly Price
$500

5 Bedroom, 2.5 Bath Townhome for Rent

Available Now

407 Keats Way

WaterlooONN2L 5S7
property at 119 University Av E

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

5 Bedroom, 2.5 Bath Home for Rent

Available Now

119 University Av E

WaterlooONN2J 2W1
property at 271 Lester St

$750

5 Bedroom Rentals

Available Now

271 Lester St

WaterlooONN2L 3W6

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.

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.

North Perth, ON Local Guide

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 ListingModel NameBed/BathPriced From
Preston House5 Bedroom, 5 Bath5BR,5BA$749
King Street Towers6 Bedroom/ 5 Bath Tower 26BR,5BA$750
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$795

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)3BR,1.5BA$1.77
Riverside Place2 Bedroom2BR,1BA$1.38
King Street Towers5 Bedroom/ 5 Bath Tower 15BR,5BA$0.85
Gresham Place3 Bedroom3BR,1BA$1.59
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.72
Preston House5 Bedroom, 5 Bath5BR,5BA$0.74
Bridgeport House5 Bedroom, 5 Bath5BR,5BA$0.70
295 Willow StTwo Bedroom Apartment2BR,1BA$2.07
Highpoint Kitchener2 Bed 1 Bath A2BR,1BA$1.99
Beacon TowerOne Bedroom1BR,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.

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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.

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

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Frequently Asked Questions about North Perth

What type of rentals are currently available in North Perth?

There are currently 83 Apartments for Rent in North Perth, ON with pricing that ranges from $699 to $6,105. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Perth ranging from $500 to $3,800.

What is the current price range for Rental Homes in North Perth?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Perth ranges from $500 to $3,800 with an average monthly rent of $1,838.

How much are larger Three and Four Bedroom Rentals in North Perth?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North Perth range from $795 to $6,105, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,200. Four Bedroom Single-Family rentals are also available starting from $805 and Four Bedroom Apartments start at $750.

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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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.

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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.

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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.

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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.