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City in Ontario
Condos for rent under $700K in Cambridge
8 condos in Cambridge are listed for rent under $700K, which is 7% of everything for rent. The most active neighbourhoods are Downtown Cambridge and Sheldon-Conestoga.
138,479 people lived in Cambridge at the 2021 Census, in 51,275 households. 69% of households owned their home and 31% rented. The most common homes were single-detached houses (57%) and low-rise apartments (14%). 48% of homes were built before 1981, and 9% since 2011. 92% of commuters went to work by car and 3% by public transit.
Cambridge, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Condos for Rent in Cambridge Under $700K
Listed 6 days ago
Unit 217, 150 Hollywood Court
Cambridge (Sheldon-Conestoga), ON N1R 0E6
Condo ApartmentFor Rent
Listed 8 days ago
Unit 106, 4 Albert Street
Cambridge (Downtown Cambridge), ON N1R 3M4
Condo ApartmentFor Rent
Listed 14 days ago
Unit 617, 150 Hollywood Court
Cambridge (Sheldon-Conestoga), ON N1R 0E6
Condo ApartmentFor Rent
Listed 22 days ago
Unit C-54, 370 Fisher Mills Road
Cambridge (Silver Heights), ON N3C 0G8
Condo ApartmentFor Rent
Listed 28 days ago
Unit 206, 155 Water Street
Cambridge (Christopher-Champlain), ON N1R 3E3
Condo ApartmentFor Rent
Listed Sep 11, 2026
Unit 302, 55 Green Valley Drive
Cambridge, ON N2P 1Z6
Condo ApartmentFor Rent
Day to dayLivability
96
Walkability
out of 100 · averaged over 23,944 past and present listings
Average walk score reported on listings here
6
Schools near listings
out of 10 · averaged over 23,944 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$699,000
In Cambridge
$699,000
In Ontario
$716,900
Median monthly rent
$2,600/mo
In Cambridge
$2,600
In Ontario
$2,499
$494
Per square foot
≈ 22.4 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
381
Median $699,000
Houses 309 · Condos 72
For rent
108
Median $2,600
Houses 84 · Condos 24
Recently sold
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Recently leased
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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Diverse housing options available
- Good school score of 6
- Access to several parks
- Active community with restaurants and cafes
Keep in mind
- Prices are above province median for sales
- Limited transit options
- Fewer amenities compared to larger cities
The feel of the placeLifestyle
Daily life in Cambridge is relaxed, with access to parks and local eateries. The community is family-friendly and offers a suburban feel.
Within the boundaryWhat's nearby
The boundary
115.2 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
111
Parks
168
Playgrounds
21
Grocery stores
80
Restaurants
31
Cafés
17
Gyms
5
Libraries
19
Pharmacies
Counted across all 115.2 km² of Cambridge. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
5.9/10
Average rating of the 46 rated schools in this area
54
Elementary
8
Secondary
Islamic School of Cambridge
Independent · LD Private Non-Inspected
10.0/101st of 3,045 Ontario elementary schools
10 students
Ontario Muslim Academy
Independent · LD Private Non-Inspected
9.3/1053rd of 3,045 Ontario elementary schools
12 students
St Vincent de Paul Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
7.3/106.2 over 5 yrs687th of 3,045 Ontario elementary schools
685 students · EQAO 2024-2025
Silverheights Public School
Public · Grades JK–8 · Waterloo Region DSB
7.2/106.2 over 5 yrs751st of 3,045 Ontario elementary schools
685 students · EQAO 2024-2025
St Augustine Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
7.2/107.3 over 5 yrs751st of 3,045 Ontario elementary schools
525 students · EQAO 2024-2025
St Elizabeth Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
7.2/107.2 over 5 yrs751st of 3,045 Ontario elementary schools
415 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Cambridge, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
138,479
Population (2021)
113.0 km²
Area
1,226
People per km²
40.3
Median age
$99,591
Median income
69%
Own their home
2.8
People per household
51,275
Households
Every age
- Children (under 15)17.7%
- Working age (15–64)66.3%
- Seniors (65+)16.0%
What is built here
- Detached houses56.7%
- Semi-detached7.3%
- Townhouses12.2%
- Duplexes3.3%
- Low-rise apartments13.9%
- High-rise apartments5.8%
Own or rent
69%Owners
31%Renters
Across 51,275 households
When it was built
Mostly 1961–1980
- 1960 or earlier23%
- 1961–198026%
- 1981–199013%
- 1991–200015%
- 2001–20058%
- 2006–20106%
- 2011–20154%
- 2016–20215%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 23.3%
- Born outside Canada
- 20%
- Hold a degree or higher
- 58.6%
- Employment rate
- 2.8%
- Commute by transit
- 92.3%
- Commute by car
- 1.8
- Children per family
- $86,673
- Median income after tax
- $112,550
- Average household income
- 8.3%
- Living on a low income
- $1,397/mo
- Renters pay, per month
- $1,597/mo
- Owners pay, per month
- $669,131
- Median home value at census
- 25.6%
- Renters spending 30%+ of income on housing
- 14.1%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 189 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
Common questions about condos for rent under $700K in Cambridge
How many condos in Cambridge rent for under $700K?
8 condos in Cambridge are listed for rent under $700K today, 7% of the 108 homes for rent. Their median rent is $2,175/mo.
All rentals in CambridgeWhat kind of condo can I rent in Cambridge for under $700K?
Under $700K, Cambridge has condo apartments (8) for rent. Most have 1 to 2 bedrooms.
Condos for rent in CambridgeMore Rentals in Cambridge
108 homes are for rent in Cambridge. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.
Browse by home type
Cambridge neighbourhoods
- Preston Heights15
- Christopher-Champlain9
- Little's Corners9
- Silver Heights8
- Greenway-Chaplin7
- Blair Road5
- Downtown Cambridge5
- Westview5
- East Galt4
- Fiddlesticks4
- Galt City Centre4
- Hillcrest/Forbes Park4
- Preston Centre4
- Grow Community Centre3
- Preston South3
- Sheldon-Conestoga3
- Alison2
- Hespeler Village2
- Lang's Farm2
- Clemens Mills/Saginaw1
- Pioneer Tower West1
- Preston North1
- Southwood - Kinbridge1