Cheap Apartments for Rent in South Bruce, ON from $700 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in South Bruce.

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.

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Queen Margaret II
$1,549 - $1,9591 to 2 Bedroom Apartments Available Jul 1

Queen Margaret II

100 Queen St NKitchener, ON N2H 2H6
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour
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

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.

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Surrey Place
$1,495 - $2,250Studio to 3 Bedroom Apartments

Surrey Place

807A Frederick StKitchener, ON N2B 2B5
  • Utilities Included
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605 Davenport Road
$1,4971 Bedroom Apartments

605 Davenport Road

605 Davenport RdWaterloo, ON N2L 6H8
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250 Frederick St
$1,515 - $1,725Studio to 2 Bedroom Apartments

250 Frederick St

250 Frederick StKitchener, ON N2H 2N1
  • Utilities Included
property at 257-257 Hemlock St

$1,500 - $1,550

Studio To 1 Bedroom Rentals

Available Jul 1

257-257 Hemlock St

WaterlooONN2L 0K2
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11th Avenue Apartments
$1,585 - $1,7051 to 2 Bedroom Apartments

11th Avenue Apartments

158-164 11th AveHanover, ON N4N 2R1
  • Utilities Included
property at 97 Wood St

$1,595 - $1,600

1 Bedroom Rentals

Available Now

97 Wood St

KitchenerONN2G 2H9

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.

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Riverside Towers
$1,5991 to 2 Bedroom Apartments

Riverside Towers

472 6th AveHanover, ON N4N 2G5
property at 132 Bridgeport Rd E

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Jun 30

132 Bridgeport Rd E

WaterlooONN2J 2K4

South Bruce, ON Local Guide

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 ListingModel NameBed/BathPriced From
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$795
Preston House5 Bedroom, 5 Bath5BR,5BA$1,150
Avenue ApartmentsStudio, 1 BathroomStudio,1BA$1,475
Surrey PlaceBachelorStudio,1BA$1,495
605 Davenport RoadOne bedroom with one bathroom1BR,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 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
Beechwood Apartments2 Beds, 1.5 baths2BR,1.5BA$1.79
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.72
Preston House5 Bedroom, 5 Bath5BR,5BA$1.14
Parkside Tower2 Bedroom, 1 Bathroom2BR,1BA$1.98
20 University Inc.Penthouse-21BR,2BA$1.69
383 Albert StTwo Bedroom Apartment2BR,1BA$2.08
Beacon TowerOne Bedroom1BR,1BA$1.97
Richmond Square1 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.

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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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Quick 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.

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

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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

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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.

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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.

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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.