Cheap Apartments for Rent in Kitchener, ON from C$500 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Park Manor
1 Bedroom Apartments

Park Manor

521 Park StKitchener, ON N2G 1N8
  • Utilities Included
close
View Me
10-14 Rosedale Ave
Studio to 2 Bedroom Apartments

10-14 Rosedale Ave

10-14 Rosedale AveKitchener, ON N2H 1J3
  • Utilities Included
close
View Me
141-149 Borden Ave N
2 Bedroom Apartments

141-149 Borden Ave N

141-149 Borden Ave NKitchener, ON N2H 3J5
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
property at 261 Lester St

261 Lester St

WaterlooONN2L 3W6
property at 253 Lester St

253 Lester St

WaterlooONN2L 3W6

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
property at 185 King St N

185 King St N

WaterlooONN2J 0E1
property at 392 Albert St

392 Albert St

WaterlooONN2L 3V1
property at 275 Larch St

275 Larch St

WaterlooONN2L 3R2

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
close
View Me
Uptown Apartments
1 to 2 Bedroom Apartments

Uptown Apartments

154 Erb St EWaterloo, ON N2J 1M4
  • Utilities Included
Showing Results 1-36, Page 1 of 1

Kitchener, ON Local Guide

Cheapest Neighborhoods for Apartments in Kitchener, ON

Pricing Updated: 05/17/2025

Current apartment rentals in the Kitchener, ON area range in price from C$575 to C$4,505 with an overall median price of C$2,453. The three Kitchener neighborhoods with the lowest median rent pricing are Kitchener South West at C$575, Kitchener South Central at C$1,400, and Kitchener South East at C$1,425. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Kitchener Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Kitchener South WestC$2,387C$57584
Kitchener South CentralC$2,397C$1,40096
Kitchener South EastC$2,450C$1,42552
Kitchener CentralC$2,495C$1,400140
Kitchener North EastC$2,495C$1,504107
Kitchener North WestC$2,495C$670122

Cheapest Available Kitchener Apartments for Rent

 

The cheapest available apartment rental in Kitchener, ON is a 4 Beds unit found at The Marq in the Waterloo North East neighborhood priced from C$599. University Place - 50 University Ave E in the Kitchener North West neighborhood has the second lowest priced unit, which is a 6 Beds apartment currently listed from C$670. Here is today’s list of the most affordable Kitchener apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Marq1 Room in a 4 Bedroom Immediate (12 Months)4BR,2BAC$599
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BAC$670
King Street Towers6 Bedroom/ 5 Bath Tower 26BR,5BAC$730
261 Lester St0 Beds, 2 BathsStudio,2BAC$795
253 Lester St0 Beds, 2 BathsStudio,2BAC$795
Spring Village1 Bedroom Shared Accommodation1BR,1BAC$988
1025 King St E1 Bedroom1BR,1BAC$1,300
Fergus House4 Bedroom 4 Bathroom4BR,4BAC$1,375
Hespeler House4 Bedroom 4 Bathroom4BR,4BAC$1,375
214 York QueenOne Bedroom1BR,1BAC$1,400

Best Value Apartments for Rent in Kitchener, ON

As of May 18, 2025 the best value apartment in the Kitchener area is the C$1.99 price per square foot 2 Beds, 1 Baths Model at William Apartments in the in the Waterloo Uptown neighborhood starting from C$2,495. The second greatest value Kitchener apartment is the Two Bedroom with Basement Model at Towns at Holborn starting at C$2,349 with a C$1.96 price per square foot in the Kitchener Central neighborhood. Here is today’s list of the best values for Kitchener apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
William Apartments2 Beds, 1 Baths2BR,1BAC$1.99
Towns at HolbornTwo Bedroom with Basement2BR,1BAC$1.96
Heritage PlaceTwo Bedroom2BR,2BAC$1.78
Fergus House4 Bedroom 4 Bathroom4BR,4BAC$1.40
94 Beck StTwo Bedroom2BR,1BAC$1.96
University Place - 50 University Ave E2 Beds, 1 bath2BR,1BAC$0.69
Hespeler House4 Bedroom 4 Bathroom4BR,4BAC$1.49
The Marq1 Room in a 4 Bedroom Immediate (12 Months)4BR,2BAC$0.65
250 Frederick StOne Bedroom1BR,1BAC$1.89
383 Albert StTwo Bedroom Apartment2BR,1BAC$1.97

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Cheap Kitchener Apartments

What is a cheap apartment in Kitchener?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kitchener is under C$1,400.

What is the price of a cheap apartment in Kitchener?

The cheapest apartment in Kitchener is Spring Village which is listed at C$988, while the average apartment in Kitchener costs C$2,453.

What types of apartments are the cheapest in Kitchener?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Kitchener that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Kitchener?

Cheap apartments in Kitchener have an average cost of C$511 which is C$1,942 cheaper than the average rent for all rentals in Kitchener.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.