Cheap Apartments Under $700 in Hamilton, ON
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2 Units Available
$700–$700/month
1 Bed 1516 Main Street West
Hamilton, ON · 1516 Main Street West
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About Hamilton, ON
Hamilton is the third-largest metropolitan area in Ontario with a population of over 700,000. Traditionally known as a port city in the Southwest area of Greater Toronto Area, the city of Hamilton has seen growing attention from younger renters and families alike seeking more reasonable rent and an escape from major urban centres like Toronto and . In contrast to these two cities, Hamilton has a more laid-back, family-oriented feel albeit with an ever-growing downtown core home to a thriving creative culture.
Hamilton is a great option for anyone looking for urban convenience in a more residential area. Since incorporating a number of small towns into the City of Hamilton, the community has expanded to offer both tight-knit suburban communities lined with expansive multi-bedroom homes, and a bustling downtown area more suited to younger renters.
Renting in Hamilton, ON
Finding cheap apartments under $700 in Hamilton 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 Hamilton. To help you get started, here is a guide with tips for renting in Hamilton.
Average Rent in Hamilton, ON
What is the average rent in Hamilton for cheap apartments under $700?
The average rent in Hamilton, ON for cheap apartments under $700 will vary on a month-to-month basis. For the latest stats on average rent in Hamilton, check out our monthly Toronto rent reports.
Finding cheap apartments under $700 in Hamilton, ON
Hamilton, a charming city in Ontario, offers a thriving community and diverse housing options. While rental prices in Hamilton are generally more affordable compared to nearby Toronto, they have been gradually increasing over time. Consequently, finding cheap rentals in Hamilton, particularly apartments for rent under $1000, can be challenging. However, to kickstart your search, you can refer to our guide showcasing affordable neighborhoods in the Greater Toronto Area (GTA) that may provide relatively more budget-friendly rental choices.
In addition to choosing your location, it’s important to know what rental types are available in Hamilton (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.
Hamilton Rental Types
There are many rental property types you can choose from in Hamilton.
Apartments for rent Hamilton
In densely-populated Hamilton, apartments are the prevalent housing option. Generally, Apartments for rent in Hamilton are more affordable than other parts of Ontario. Hamilton’s proximity to natural attractions and pleasant weather creates an attractive living environment. Renting in Hamilton ensures a valuable experience for residents.
Houses for rent Hamilton
There are plenty of houses for rent in Hamilton for those with a higher budget, or who have multiple roommates. Both partial houses and entire houses for rent are common, as well as both new builds and older homes. Hamilton also has some laneway homes and townhomes within the city, making it easy to find a place to rent that suits your needs.
Townhouses for rent Hamilton
Townhouses are a popular form of housing in Hamilton that combines the best qualities of both apartments and whole houses. Typically less expensive than houses, townhouses for rent in Hamilton offer an attractive combination of freedom and space, generally coming with your own private yard and entrance.
Basements for rent Hamilton
If you’re searching for affordable rental housing in Hamilton, consider the option of basements for rent. With rising house prices, homeowners often rent out their basements to help cover their mortgage expenses. This means you can easily find reasonably priced basements for rent in Hamilton. It’s a practical alternative that offers affordability in various areas of Hamilton.
Condos for rent Hamilton
When looking for a vibrant urban setting, consider exploring the wide range of condos for rent in Hamilton. These rentals are perfect for individuals who desire a central location and require less space. Keep in mind that rent prices in the city center tend to be higher than average.
Rooms for rent Hamilton
Sharing a house or apartment is practically essential for those looking for cheap rent. Rooms for rent in Hamilton 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 Hamilton Rental Types
In addition to choosing your property type, there are also specific rental types you can look into.
Pet friendly rentals in Hamilton
Though not every landlord is keen on allowing pets, there are a good number of pet-friendly rentals in Hamilton 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 rental units are available, as well as properties where both are allowed. Keep in mind that some neighbourhoods are better suited to those with pets, and adjust your search accordingly.
Furnished rentals in Hamilton
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 Hamilton. 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 Hamilton
Hamilton has plenty of work opportunities and world-class academic institutions, making it a popular place for those renting on a short-term basis. Short-term rentals in Hamilton are exceedingly popular, particularly during the summer months and at the beginning of school semesters. The added flexibility is an appealing prospect for many renters, and a key factor in deciding whether or not short-term rentals are right for you.
Cheap rentals in Hamilton
Hamilton is known for its inexpensive rent, making it relatively easy to find something within your budget. If you’re looking for cheap rentals in Hamilton, 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 where rent is considerably cheaper, so exploring these options is a good idea as well.
Hamilton Amenities
When you’re searching for cheap apartments under $700 in Hamilton, 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 liv.rent, scroll down to the "Amenities" section to see what utilities and features are included with the rental.
Living in Hamilton, ON
Living in Hamilton, Ontario offers a diverse experience with a mix of urban and natural landscapes. Compared to Toronto, Hamilton provides a more affordable cost of living, making it one of the best places to rent in the GTA. From historic homes to modern condos, housing options are plentiful. The city boasts vibrant arts, culture, and outdoor scenes, with waterfalls, trails, and galleries to explore. Hamilton’s dining scene is diverse, and it has strong educational and healthcare facilities.
Popular Neighbourhoods in Hamilton
Like any city, Hamilton is made up of smaller neighbourhoods with their own distinct features. Some of the most popular neighbourhoods include Durand, Westdale, Stinson, Beasley, Corktown, Crown Point, and West Harbour. For more info about Hamilton, you can consult this guide on Toronto neighbourhoods.
Popular Cities Near Hamilton
Popular Universities Near Hamilton
Local Landmarks in Hamilton
Hamilton is known for its abundance of waterfalls - there are more than 100 tucked away within the community’s trails and forests, and nearly all are accessible within a few minutes’ drive from the city’s downtown. Dundurn Castle also attracts tons of visitors each year with its neoclassical architecture, constructed in 1835 and currently owned and maintained by the City of Hamilton.
Cheap Apartments Under $700 Hamilton
Search for condos, townhouses, rooms, and houses for rent in Hamilton, ON on liv.rent. Finding cheap apartments under $700 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 Hamilton rental listings are updated in real-time and are current as of Jun 8, 2026.
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