Real Estate for Rent in Preston North, Cambridge, ON
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Neighbourhood in Cambridge
Preston North
Preston North is a quiet neighbourhood in Cambridge, Ontario. It offers a mix of residential living with local amenities nearby.
At a glance
Day to dayLivability
6.1
Schools near listings
out of 10 · averaged over 65 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
$487,400
In Preston North
$487,400
In Cambridge
$699,000
In Ontario
$710,000
Median monthly rent
$2,375/mo
In Preston North
$2,375
In Cambridge
$2,600
In Ontario
$2,500
≈ 17.1 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
16
Median $487,400
Houses 10 · Condos 6
For rent
2
Median $2,375
Condos 1 · Houses 1
Recently sold
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Recently leased
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Market data as of 2026-10-21. 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
- Affordable housing compared to city median
- Family-friendly with parks and playgrounds
- Diverse housing options available
- Low percentage of low-income households
Keep in mind
- Limited public transit options
- Few grocery stores and cafes
- No schools in the immediate area
The feel of the placeLifestyle
Daily life in Preston North is relaxed and family-oriented, with access to parks for outdoor activities. Residents enjoy a peaceful community feel.
Within the boundaryWhat's nearby
The boundary
2.4 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
3
Parks
9
Playgrounds
3
Restaurants
2
Gyms
1
Libraries
Counted across all 2.4 km² of Preston North. From OpenStreetMap, as of 2026-10-19.
The peopleWho lives here
4,313
Population (2021)
3.9 km²
Area
1,120
People per km²
41.9
Median age
$82,782
Median income
66%
Own their home
2.4
People per household
1,855
Households
Every age
- Children (under 15)15.0%
- Working age (15–64)65.3%
- Seniors (65+)19.7%
What is built here
- Detached houses41.7%
- Semi-detached9.6%
- Townhouses18.6%
- Duplexes2%
- Low-rise apartments23.1%
- High-rise apartments3.7%
Own or rent
66%Owners
34%Renters
Across 1,855 households
When it was built
Mostly 1961–1980
- 1960 or earlier29%
- 1961–198042%
- 1981–199011%
- 1991–20005%
- 2001–20052%
- 2006–20101%
- 2011–20158%
- 2016–20210%
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.
- 14.9%
- Born outside Canada
- 14.2%
- Hold a degree or higher
- 56.7%
- Employment rate
- 3.3%
- Commute by transit
- 91.3%
- Commute by car
- 1.6
- Children per family
- $73,727
- Median income after tax
- $93,992
- Average household income
- 9.6%
- Living on a low income
- $1,150/mo
- Renters pay, per month
- $1,355/mo
- Owners pay, per month
- $542,190
- Median home value at census
- 26.3%
- Renters spending 30%+ of income on housing
- 13.5%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 8 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
A condo here is its own market
5 condo apartments and 1 condo townhouse are on the market in Preston North right now. Too few have closed here in the last year for us to publish a median we would stand behind.