Cheap Homes for Rent in St Thomas, ON from $1,000 (22 Rentals)

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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.

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.

St Thomas, ON Local Guide

Cheapest Available St Thomas Apartments for Rent

 

The cheapest available apartment rental in St Thomas, ON is a Studio unit found at The Eleanor priced from $1,049. Revo on King St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable St Thomas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The EleanorBachelorStudio,1BA$1,049
Revo on King StOne Bedroom1BR,1BA$1,100
Studios on KingBachelorStudio,1BA$1,150
190 Cherryhill CirBachelorStudio,1BA$1,210
105 Cherryhill BlvdBachelorStudio,1BA$1,210

Best Value Apartments for Rent in St Thomas, ON

As of June 19, 2026 the best value apartment in the St Thomas area is the $1.61 price per square foot 1C Model at 520 Talbot Street in the starting from $1,999. The second greatest value St Thomas apartment is the The Lily Model at 695 Proudfoot Lane starting at $1,749 with a $1.50 price per square foot . Here is today’s list of the best values for St Thomas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
520 Talbot Street1C1BR,1BA$1.61
695 Proudfoot LaneThe Lily2BR,1.5BA$1.50
White Oaks Gate2 Bedroom2BR,1BA$1.65
95 Ridout Street South2 Bedroom, 1 Bath2BR,1BA$1.53
340 Colborne Street2 Bedroom2BR,1BA$1.78
Oakland Avenue2 Bedroom (Type B)2BR,1BA$1.73
500 PROUDFOOT LANE1 Bedroom1BR,1BA$1.70
South Grand Apartments2 Bedroom2BR,1BA$1.63
Webster ApartmentsRenovated 1 Bedroom1BR,1BA$1.75
Highland Village1 Beds, 1 Baths1BR,1BA$1.75

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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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 St Thomas

What type of rentals are currently available in St Thomas?

There are currently 119 Apartments for Rent in St Thomas, ON with pricing that ranges from $799 to $7,773. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in St Thomas ranging from $1,000 to $3,375.

What is the current price range for Rental Homes in St Thomas?

Today's rental pricing for Homes for Rent, Condos and Townhomes in St Thomas ranges from $1,000 to $3,375 with an average monthly rent of $2,023.

How much are larger Three and Four Bedroom Rentals in St Thomas?

For those who are looking for larger living arrangements, Three Bedroom Apartments in St Thomas range from $1,842 to $7,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,650 and Four Bedroom Apartments start at $929.

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.