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City in Ontario

Townhouses for rent in Cambridge

Name: HOMEH Market Pulse — Cambridge closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 50 townhouses for rent in Cambridge today, with a median rent of $2,650/mo (+2% vs. all rentals in Cambridge). The most active neighbourhoods are Preston Heights, Little's Corners and Greenway-Chaplin.

family-friendly suburban community-oriented

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.

Population: 138,479 Four parks available Eighteen bus stops

Cambridge, Ontario

Cambridge Townhouse Rentals

Day to dayLivability

Walkability

out of 100 · averaged over 23,944 past and present listings

Average walk score reported on listings here

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

$684,900

4% below Ontario

In Cambridge

$684,900

In Ontario

$716,900

Median monthly rent

$2,600/mo

4% above Ontario

In Cambridge

$2,600

In Ontario

$2,499

$494

Per square foot

≈ 22 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

366

Median $684,900

Houses 297 · Condos 69

For rent

Median $2,600

Houses 75 · Condos 24

Recently sold

Recently leased

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.

Great for first-time buyers families those seeking a quieter lifestyle

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

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 115.2 km² of Cambridge. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

5.9/10

Average rating of the 46 rated schools in this area

Elementary

Secondary

Islamic School of Cambridge
Independent · LD Private Non-Inspected
10.0/10
1st of 3,045 Ontario elementary schools
10 students
Ontario Muslim Academy
Independent · LD Private Non-Inspected
9.3/10
53rd 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 yrs
687th 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 yrs
751st 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 yrs
751st 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 yrs
751st 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)

HOMEH Market Pulse Townhouses only Through September 2026 Deep sales history

What townhouses in Cambridge actually rent for

238 townhouses were leased in Cambridge over the 12 months to September 2026. Half leased above $2,559 and half below, 2.3% lower than the 12 months before. A typical townhouse found its tenant in 26 days — 5 days quicker than a year ago.

Median rent: $2,559; -2.3% year over year
Days to lease: 26; 5 days quicker
Leases closed: 238; last 12 months
Rent per square foot: $1.71/mo; from 230 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one townhouse here differs from the next.

$3,138$2,713$2,287$1,862

Apr ’24Feb ’25Nov ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,989/mo

on a $3,000 asking rent — under ask by $11

−10%Asking rent+10%

Of the asking rent: 99.6%
Leased over asking: 12.6%

From 238 leases that closed here in the last 12 months.

Rent or buy in Cambridge

19 years

of rent, at the going rate here, adds up to what a townhouse here costs.

Median sold price

$584,706

218 sales

Median rent

$2,559/mo

238 leases

Gross rental yield

5.25%

before costs

Both figures come from deals that actually closed in Cambridge over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Cambridge

A single median hides this: the mix of townhouses behind it, and what each kind costs.

238leases

Freehold town$2,61681.5%
Condo town$2,30818.5%

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Cambridge, rentals

Monthly closed leases in Cambridge
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	20	$2,620	$2,113 – $2,788	35	98.8%
Aug 2026	25	$2,592	$2,175 – $2,865	20	100.0%
Jul 2026	14	$2,682	$2,200 – $2,895	32	100.0%
Jun 2026	22	$2,518	$2,150 – $2,625	12	98.7%
May 2026	28	$2,463	$2,000 – $2,650	26	100.0%
Apr 2026	17	$2,699	$2,600 – $2,750	21	100.0%
Mar 2026	16	$2,613	$2,550 – $2,713	20	100.0%
Feb 2026	23	$2,478	$1,950 – $2,725	24	98.8%
Jan 2026	27	$2,450	$2,085 – $2,600	32	99.6%
Dec 2025	15	$2,600	$2,500 – $2,650	20	100.0%
Nov 2025	23	$2,550	$2,425 – $2,638	36	100.0%
Oct 2025	8	$2,675	$2,600 – $2,781	23	100.0%
Sep 2025	23	$2,613	$2,488 – $2,700	40	98.6%
Aug 2025	20	$2,528	$2,225 – $2,683	31	100.0%
Jul 2025	24	$2,658	$2,350 – $2,800	28	100.0%
Jun 2025	13	$2,446	$2,250 – $2,738	22	98.7%
May 2025	14	$2,700	$2,613 – $2,887	28	100.0%
Apr 2025	14	$2,700	$2,625 – $2,800	12	100.0%
Mar 2025	10	$2,600	$2,438 – $2,688	45	100.0%
Feb 2025	24	$2,519	$2,150 – $2,700	31	100.0%
Jan 2025	21	$2,600	$2,550 – $2,750	35	100.0%
Dec 2024	9	$2,650	$2,600 – $2,725	38	100.0%
Nov 2024	18	$2,683	$2,525 – $2,800	31	100.0%
Oct 2024	19	$2,753	$2,525 – $2,900	24	100.0%
Sep 2024	20	$2,750	$2,700 – $2,900	40	100.0%
Aug 2024	23	$2,800	$2,650 – $2,950	34	100.0%
Jul 2024	21	$2,833	$2,475 – $2,900	38	100.0%
Jun 2024	15	$2,850	$2,688 – $3,050	36	100.0%
May 2024	24	$2,733	$2,200 – $2,900	52	100.0%
Apr 2024	9	$2,800	$2,750 – $2,895	49	100.0%

What people ask about Cambridge

How much is rent for a townhouse in Cambridge?

The median townhouse lease in Cambridge closed at $2,559 a month over the 12 months to September 2026, across 238 leases.

Compiled by HOMEH from leases reported closed in Cambridge on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one townhouse. Not an appraisal or an opinion of value.

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More Rentals in Cambridge

99 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.

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At a glance