Cambridge

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Cambridge, ON

Area Guide

Where history meets opportunity

Scenic Trendy Walkable

Cambridge, Ontario is a mid-sized city in the heart of the Waterloo Region, known for its unique blend of heritage charm and modern growth. Formed from the former towns of Galt, Preston, Hespeler, and Blair, it features distinct neighbourhoods, each with its own character, riverfront views, and walkable downtowns.

The city offers a balanced lifestyle with access to green space, local culture, and urban conveniences. The Grand River cuts through the city, giving residents scenic trails, parks, and outdoor recreation right in their backyard. Cambridge is also home to theatres, galleries, boutique shopping, and local markets that bring life to the core areas. With growing job opportunities in tech, manufacturing, and education, plus quick access to Highway 401 and public transit, Cambridge is a great choice to find connection and room to grow.

Rent Trends

As of November 2025, the average apartment rent in Cambridge, ON is C$1,176 for a studio, C$1,853 for one bedroom, C$2,212 for two bedrooms, and C$2,562 for three bedrooms. Apartment rent in Cambridge has decreased by -1.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
C$1,853/month
647 Sq Ft
House
C$2,662/month
105 Sq Ft
Townhome
C$2,645/month
50 Sq Ft
See Rental Market Trends in Cambridge, ON

Transportation

39

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

41

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

57

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Points of Interest

Top Apartments in Cambridge

Houses for Rent in Cambridge

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Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.