
Cheap Apartments for Rent in South Bruce, ON from $700 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in South Bruce.


Total Monthly Price
University Place - 50 University Ave E

MyRez on Lester

20 University Inc.

Avenue Apartments

Park Place

200 Shakespeare Drive
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.

Queen Margaret II

Queen Margaret I

Metropolitan Towers

407 Keats Way

119 University Av E

271 Lester St

16 Marshall St
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.

Surrey Place

605 Davenport Road

250 Frederick St

257-257 Hemlock St

60-1260 Frederick St

11th Avenue Apartments

97 Wood St
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.

Riverside Towers

132 Bridgeport Rd E
South Bruce, ON Local Guide
How much does it cost to rent an apartment in South Bruce?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Bruce Studio Apartments | $1,502 | $1,475 | $1,545 |
| South Bruce 1 Bedroom Apartments | $1,954 | $1,379 | $5,180 |
| South Bruce 2 Bedroom Apartments | $2,226 | $1,140 | $5,665 |
| South Bruce 3 Bedroom Apartments | $2,593 | $795 | $6,105 |
| South Bruce 4 Bedroom Apartments | $1,263 | $750 | $3,620 |
Browse Top Apartments in South Bruce
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South Bruce, ON Local Guide
- Nearby Cities
Cheapest Available South Bruce Apartments for Rent and Nearby
 The cheapest available apartment rental in South Bruce, ON is a 6 Beds unit found at University Place - 50 University Ave E in the Waterloo North East neighborhood priced from $795. Preston House in the Waterloo North East neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $1,150. Here is today’s list of the most affordable South Bruce apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $795 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1,150 |
| Avenue Apartments | Studio, 1 Bathroom | Studio,1BA | $1,475 |
| Surrey Place | Bachelor | Studio,1BA | $1,495 |
| 605 Davenport Road | One bedroom with one bathroom | 1BR,1BA | $1,497 |
Best Value Apartments for Rent in South Bruce, ON and Nearby
As of June 23, 2026 the best value apartment in the South Bruce 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 South Bruce 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 South Bruce 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 |
| 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 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1.14 |
| Parkside Tower | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.98 |
| 20 University Inc. | Penthouse-2 | 1BR,2BA | $1.69 |
| 383 Albert St | Two Bedroom Apartment | 2BR,1BA | $2.08 |
| Beacon Tower | One Bedroom | 1BR,1BA | $1.97 |
| Richmond Square | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.08 |
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 South Bruce, ON Rentals by Map
See the most popular apartments and homes in South Bruce, ON
Frequently Asked Questions about Cheap South Bruce Apartments
How much is rent for a Cheap One Bedroom South Bruce Apartment?
The lowest price for a Cheap One Bedroom South Bruce Apartment is $1,497 at 605 Davenport Road.
What is the lowest price for a Cheap Two Bedroom South Bruce Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Bruce is starting from $1,675 at 250 Frederick St.
What is the most affordable South Bruce Three Bedroom Apartment?
The best deal on a cheap South Bruce 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

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.

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.