Aspen Modern Rentals
155 Greenbrier Rd Rd,
Cambridge, ON N1S 0G4
1-2 Beds | $1,995 - $2,800
Rental Market Trends in Cambridge, ON
Updated September 2026
The average rent in Cambridge, ON is $1,846/month.
$1,846/month
Average Rent
651 Sq Ft
Average Size
-0.2%
Change / Year
317
Available Apartments
Cambridge rent varies by unit size and layout:
- Studio apartments in Cambridge average $1,231 per month.
- One-bedroom apartments in Cambridge average $1,846 per month.
- Two-bedroom apartments in Cambridge average $2,217 per month.
- Three-bedroom apartments in Cambridge average $2,305 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Cambridge, ON?
In the past year, rent has decreased by 0.2%, which averages out to $2 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Cambridge, ON
September 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
4%
$1,001 - $1,500/month
51%
$1,501 - $2,000/month
44%
Above $2,000/month
Rent by Neighbourhood
What are the most affordable neighbourhoods in Cambridge?
Based on current rent prices, Galt East, Outer Preston Core and Hespeler are the most affordable neighbourhoods in Cambridge.
Neighbourhood
Average Rent
Average Sq Ft
What are the most expensive neighbourhoods in Cambridge?
Based on current rent prices, Hespeler, Outer Preston Core and Galt East are the most expensive neighbourhoods in Cambridge.
Neighbourhood
Average Rent
Average Sq Ft
Which Cambridge neighbourhoods have the most rentals available?
The neighbourhoods in Cambridge with the most apartments available are Outer Preston Core, Galt East and Hespeler .
Neighbourhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cambridge, ON?
Because the average rent in Cambridge is $1,846, you’ll want to make about $6,153 per month or $73,836 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Cambridge, ON compare to other nearby cities and neighbourhoods?
Use the tool below to compare Cambridge, ON to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Cambridge Area GuideStudio
$1,521/month
-
One Bedroom
$1,915/month
$2,191/month
Two Bedroom
$2,102/month
$2,481/month
Three Bedroom
$2,328/month
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
North Dumfries
Avg Rent: $1,774/month
-
Breslau
Avg Rent: $2,101/month
-
Kitchener
Avg Rent: $1,738/month
-
Guelph
Avg Rent: $1,891/month
-
Waterloo
Avg Rent: $1,840/month
-
Woolwich
Avg Rent: $1,819/month
-
Guelph/Eramosa
Avg Rent: $2,286/month
-
Wilmot
Avg Rent: $1,826/month
Apartment Communities in Cambridge We Think You'll Love
Frequently Asked Questions
What is the average rent in Cambridge?
The average rent in Cambridge is $1,846 per month, which is 5.9% higher than the national average of $1,743.
What is the average rent for a house in Cambridge?
The average rent for a house in Cambridge, ON is $2,737 per month.
What is the average rent for a townhome in Cambridge?
The average rent for a townhome in Cambridge, ON is $2,230 per month.
Are rents going up or down in Cambridge?
Rents in Cambridge, ON are decreasing, with prices down 0.2% year-over-year and $2 less per month.
What rent range is most common in Cambridge?
In Cambridge, ON, 51% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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.
* Percentages may not total 100 due to rounding.