Cambridge Apartments, Condos and Houses for Rent

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About Cambridge, ON

Situated in Southern Ontario, Cambridge is a fusion of historic charm and contemporary living, formed from the amalgamation of three former towns - Galt, Preston, and Hespeler, each area retaining its unique allure and historical significance. The city’s architectural heritage is evident in its preserved buildings and cultural landmarks, offering a glimpse into its storied past. Cradled by the banks of the Grand River, an area designated a Canadian Heritage River, Cambridge boasts abundant natural spaces, providing residents with a host of outdoor pursuits such as hiking, fishing, and kayaking.
Cambridge prides itself on a strong sense of community, evidenced through its numerous local festivals, farmers’ markets, and social events that knit residents together. The city’s arts and culture landscape is lively, bolstered by various galleries, theatres, and public art installations. While it is home to several educational campuses like Conestoga College, it’s important to note that institutions like Wilfrid Laurier University are based in nearby Waterloo, though their influence is felt in the academic vigor of the region. Cambridge supports a multifaceted economy with robust sectors ranging from advanced manufacturing to the tech industry, attracting professionals and families alike. Its strategic location within the Waterloo Region enhances the suburban appeal, granting residents the advantage of a tranquil lifestyle paired with easy access to metropolitan amenities and the broader economic dynamism of Southern Ontario.

Renting in Cambridge, ON

Finding an apartment to rent in Cambridge requires research, communication with landlords & property managers, securing references, and signing a lease. All this can add up to a lengthy endeavour if you’re not familiar with how to find an apartment in Cambridge. To help you get started, here is a guide with tips for renting in Cambridge.

Average Rent in Cambridge, ON

What is the average rent for 1 bedroom apartment Cambridge?

The average rent for a 1 bedroom apartment in Cambridge, ON is between $1,500 - $2,500. To stay up to date on the average rent in Cambridge, check out our monthly Toronto rent reports.

What is the average rent for 2 bedroom apartment Cambridge?

The average rent for a 2 bedroom apartment in Cambridge, ON is between $2,000 - $3,000. To stay up to date on the average rent in Cambridge, check out our monthly Toronto rent reports.

What is the average rent for 3 bedroom apartment Cambridge?

The average rent for a 3 bedroom apartment in Cambridge, ON is between $2,500 - $3,500. To stay up to date on the average rent in Cambridge, check out our monthly Toronto rent reports.

Apartment Hunting in Cambridge, ON

Cambridge is an attractive city of Ontario known for its thriving community and diverse housing options. While rental prices in Cambridge are generally more affordable compared to Toronto, they have been steadily increasing over time. As a result, finding cheap rentals in Cambridge, especially apartments for rent under $1000, can be challenging. However, to initiate your search, you can refer to this guide highlighting affordable neighborhoods in the Greater Toronto Area (GTA) that may offer relatively more budget-friendly rental options.
In addition to choosing your location, it’s important to know what rental types are available in Cambridge (e.g. 1 bedroom apartments, 2 bedroom apartments, 3 bedroom apartments, studio apartments) and the average rent for each property type. Refer below to figure out your options - ranging from furnished rentals and unfurnished rentals to long term rentals and short term rentals.

Cambridge Rental Types

There are many rental property types you can choose from in Cambridge.

Apartments for rent Cambridge

Apartments for rent in Cambridge are particularly popular among young professionals, students, and smaller families, primarily due to their affordability compared to larger standalone houses. They are often located in areas with convenient access to amenities and public transportation. The pricing can vary significantly based on the unit’s size, condition, and location within Cambridge.

Houses for rent Cambridge

Full houses for rent in Cambridge are available, appealing primarily to larger families looking for additional space, a yard, and a sense of permanency. The rental costs for houses are generally higher due to the added space and privacy. These are suitable for long-term renters with stable incomes or who are seeking roommates.

Townhouses for rent Cambridge

Townhouses are a popular form of housing in Cambridge that combines the best qualities of both apartments and whole houses. Typically less expensive than houses, townhouses for rent in Cambridge offer an attractive combination of freedom and space, generally coming with your own private yard and entrance.

Basements for rent Cambridge

For those looking to find affordable rental housing in this increasingly expensive city, basements for rent in Cambridge pose an attractive alternative. Since house prices are so expensive, homeowners will sometimes rent out their basements as a way to offset their mortgage payments. This makes it easy for renters to find relatively inexpensive basements for rent in all areas of the city.

Condos for rent Cambridge

Condos for rent in Cambridge are a popular choice for those who seek a more upscale lifestyle with amenities like fitness centers, communal spaces, and sometimes, pools. They tend to be pricier than standard apartments and are often found in areas with easy access to city features, appealing to professionals and retirees who seek a low-maintenance, comfortable lifestyle.

Rooms for rent Cambridge

Sharing a house or apartment is practically essential for those looking for cheap rent. Rooms for rent in Cambridge are a great way to experience the best of the city on a budget, and can offer you the opportunity to live in neighbourhoods that would otherwise be unaffordable.

Special Cambridge Rental Types

In addition to choosing your property type, there are also specific rental types you can look into.

Pet friendly rentals in Cambridge

Though not every landlord is keen on allowing pets, there are a good number of pet-friendly rentals in Cambridge for those with furry friends. Both dog-friendly and cat-friendly rental units are available, as well as properties where both are allowed. Keep in mind that some Cambridge neighbourhoods are better suited to those with pets, and adjust your search accordingly.

Furnished rentals in Cambridge

If you’re new to town or just haven’t had a chance to pick up furniture of your own yet, not to worry – there are plenty of furnished rentals available in Cambridge. Renters seeking furnished units should search for these units using filters, but do be prepared to pay more in rent. There are pros and cons to renting furnished units compared to unfurnished units, so deciding whether it’s worth it to buy furniture when moving is a good first step.

Short term rentals in Cambridge

Cambridge, Ontario, holds a variety of employment possibilities and is in proximity to educational institutions, factors that contribute to the demand for housing, including short-term rentals. While there are short-term rental options, especially noticeable during transitional periods like the start of an academic term, they aren’t as prevalent as long-term accommodations due to the city’s more stable residential nature. The option for short-term leases may appeal to students, transient workers, and those seeking flexibility; however, availability is subject to local regulations and market conditions, which potential renters should consider when deciding whether or not short-term rentals are suitable.

Cheap rentals in Cambridge

Cambridge is known for its inexpensive rent, making it relatively easy to find something within your budget. If you’re looking for cheap rentals in Cambridge, ON, try finding a roommate or two and exploring shared housing; or search for rooms for rent. It’s worth noting that there are neighbourhoods in Cambridge where rent is considerably cheaper, so exploring these options is a good idea as well.

Cambridge Amenities

When you’re searching for an apartment to rent in Cambridge, make sure to look at what amenities are offered. For instance, check to see if the rental includes utilities like air conditioning, cable and internet or features such as a dishwasher, parking, balcony and fridge.
Tip: When looking at listings on, scroll down to the "Amenities" section to see what utilities and features are included with the rental.

Living in Cambridge, ON

Living in Cambridge, Ontario, offers a unique experience that combines historical richness with contemporary living. The city is composed of three historically distinct areas—Galt, Preston, and Hespeler—each boasting its own unique charm and heritage landmarks. The Grand River enhances the city’s beauty, providing a backdrop for various recreational activities in the area’s extensive park system. Cambridge takes pride in its sense of community, evident through its numerous festivals and cultural events, while educational pursuits are supported by institutions such as Conestoga College. Although not directly part of the Waterloo region, Cambridge’s close vicinity allows residents to enjoy a wider array of opportunities, maintaining a lifestyle that appreciates both historical legacy and modern conveniences. For more insights into living costs, prospective residents can refer to this guide on Canada’s Top Cities Cost of Living Comparison.

Popular Neighbourhoods in Cambridge

Cambridge’s excellent location makes it a popular desitination for commuters. For prime access to the 401, renters should look at Hespeler/Hespeler Village or Preston Centre. Downtown Cambridge, in what used to be known as the Galt municipality, offers great convenience and walkability, as well as great views and plenty of stunning historical buildings. For families looking to move to Cambridge, take a look at East Hespeler for its great school system and recreational facilities.

Local Landmarks in Cambridge

Cambridge, Ontario, is a treasure trove of historical and natural landmarks, offering residents and visitors a glimpse into the city’s rich heritage and scenic beauty. One of the standout historical sites is the Cambridge Mill, which, aside from its historical significance, offers breathtaking views of the Grand River. Not far from the city center, the rare Charitable Research Reserve is an expanse of conservation land, showcasing local flora and fauna, and offering trails for nature enthusiasts. The city’s industrial past is honored at the Hespeler Heritage Centre, preserving the vibrant history and culture of the Hespeler community. Additionally, the iconic bridges such as the Main Street Bridge in Galt add to the city’s historical landscape, making Cambridge a unique blend of Ontario’s natural and industrial history.

Apartments for Rent Cambridge

Search for condos, townhouses, rooms, and houses for rent in Cambridge, ON on Finding apartments for rent near you has never been easier. Filter your search by price range (great for finding cheap apartments for rent), unfurnished or furnished apartments for rent, pet-friendly rentals, availability, and housing type. Options range from studio apartments and suites for rent to 1 or 2 bedroom apartment and 3+ bedrooms for rent.
Our Cambridge rental listings are updated in real-time and are current as of Dec 4, 2023.