Cheap Homes for Rent in Kitchener, ON from C$600 (18 Rentals)

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

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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Kitchener, ON Local Guide

Cheapest Neighborhoods for Apartments in Kitchener, ON

Pricing Updated: 05/14/2025

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$2,440. 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$2,355C$57588
Kitchener South CentralC$2,370C$1,400101
Kitchener South EastC$2,425C$1,42556
Kitchener North WestC$2,495C$670127
Kitchener CentralC$2,500C$1,400148
Kitchener North EastC$2,500C$1,504114

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

Best Value Apartments for Rent in Kitchener, ON

As of May 14, 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
Surrey Place Apartments3 Bedroom Unit3BR,1BAC$2.08
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

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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Frequently Asked Questions about Kitchener

What type of rentals are currently available in Kitchener?

There are currently 866 Apartments for Rent in Kitchener, ON with pricing that ranges from C$575 to C$6,125. There are also 398 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kitchener ranging from C$600 to C$4,350.

What is the current price range for Rental Homes in Kitchener?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Kitchener ranges from C$600 to C$4,350 with an average monthly rent of C$2,380.

How much are larger Three and Four Bedroom Rentals in Kitchener?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Kitchener range from C$670 to C$3,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,500 to C$3,995. Four Bedroom Single-Family rentals are also available starting from C$2,700 and Four Bedroom Apartments start at C$670.

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.

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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.

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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.

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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.

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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.