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Waterloo, ON apartments for rent

178 apartments for rent in Waterloo, ON, from 99 communities.

6
Available now
Waterloo apartment for rent - A kitchen with a white counter and wooden floors.
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12 Dupont Street

12 Dupont Street, Waterloo, ON, N2J 2W6

1-2 beds 1 bath
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15
Available now
Waterloo apartment for rent - a living room with a fireplace and a table and chairs
$1,859-$3,880 /mo

The Carrick

194 Erb Street W, Waterloo, ON, N2L 2J4

1-3 beds 1-3 baths 608-1,957 sqft
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25
Rent specials Available now
Waterloo apartment for rent - a living room with a couch and a table
$2,025-$2,420 /mo

Vale Station Apartments

28 Westhill Drive, Waterloo, ON, N2J 0G8

1-2 beds 1-2 baths 520-1,018 sqft
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10
Available now
Waterloo apartment for rent - a desk in a living room with a couch and a window
$2,174-$3,447 /mo

246 Albert St

246 Albert St, Waterloo, ON, N2L 0G5

1-2 beds 1-2 baths 545-854 sqft
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14
Available now
Waterloo apartment for rent - a living room and dining room with a table and chairs
$2,154-$4,628 /mo

255 Sunview St

255 Sunview St, Waterloo, ON, N2L 3V8

1-2 beds 1-2 baths 506-1,218 sqft
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9
Available now
Waterloo apartment for rent - a living room with a couch and a dining table
$988-$1,116 /mo

Spring Village

208 Sunview St, Waterloo, ON, N2L 3V6

1 bed 1 bath 126-167 sqft
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41
Available now
Waterloo apartment for rent - a living room and dining room with a table and chairs
$1,765-$1,965 /mo

Northfield Gardens

160 - 170 Wissler Road, Waterloo, ON, N2K 2T7

1-2 beds 1-2 baths 560-807 sqft
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12
Available now
Waterloo apartment for rent - a living room with a dining room table and a large window
$2,414-$3,464 /mo

250 Lester St

250 Lester St, Waterloo, ON, N2L 3W5

1-2 beds 1-1.5 baths 616-807 sqft
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5
Rent specials Available now
Waterloo apartment for rent - a large brick building with a staircase in front of it
$795-$895 /mo

Student Rooms at 261 Lester St., Suite 401, Waterloo, Ontario

261 Lester Street, Suite 401, Waterloo, ON, N2L 3W6

Studio 2 baths 100 sqft
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5
Rent specials Available now
Waterloo apartment for rent - a bedroom with a bed and a desk and a window
$795-$895 /mo

253 Lester Street, Suite 301 - Student housing

253 Lester Street, Suite 301, Waterloo, ON, N2L 3W6

1 bed 2 baths 100 sqft
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17
Rent specials Available now
Waterloo apartment for rent - a kitchen and living room with a wooden floor and a table and chairs
$795-$895 /mo
Studio 2 baths 134-158 sqft
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18
Rent specials Available now
Waterloo apartment for rent - a living room with a table and chairs and a television
$795-$895 /mo

253 Lester Street, Suite 302 - Student housing

253 Lester Street, Suite 302, Waterloo, ON, N2L 3W6

Studio 2 baths 100 sqft
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12
Available now
Waterloo apartment for rent - a living room with a black leather chair and a black floor lamp
$2,071-$2,416 /mo

256 Lester St

256 Lester St, Waterloo, ON, N2L 0K3

1 bed 1 bath 537-810 sqft
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1
Rent specials Available now
Waterloo apartment for rent - an apartment building with cars parked outside in the snow
$795-$895 /mo

Student Rooms @ 251 Lester Street, Suite 605, Waterloo

251 Lester Street, Suite 605, Waterloo, ON, N2L 3W6

Studio 2 baths 110 sqft
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2
Rent specials Available now
Waterloo apartment for rent - an apartment building with cars parked outside in the snow
$795-$895 /mo

FEMALE Student Rooms @ 251 Lester Street, Suite 202, Waterloo

251 Lester Street, Suite 202, Waterloo, ON, N2L 3W6

Studio 2 baths 100 sqft
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11
Available now
Waterloo apartment for rent - a living room with a couch and a table with books and a vase
$2,132-$3,349 /mo

228 Albert St

228 Albert St, Waterloo, ON, N2L 3T6

1-2 beds 1-2 baths 510-837 sqft
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7
Available now
Waterloo apartment for rent - A building with a red awning that says Regina St. Apartments.
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3 Regina Street

3 Regina Street North, Waterloo, ON, N2J 2W7

Studio-2 beds 1 bath
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13
Available now
Waterloo apartment for rent - a living room with black furniture and a large window
From $1,819 /mo

239 Albert St

239 Albert St, Waterloo, ON, N2L 0K5

1 bed 1 bath 444-970 sqft
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10
Available now Video
Waterloo apartment for rent - a living room and hallway with a couch and chairs and a rug
$1,820-$1,895 /mo

Spurline Flats, Midtown Waterloo

144 Lucan Ave, Waterloo, ON, N2J 1W7

1-2 beds 1 bath 630-940 sqft
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2
Rent specials Available now
Waterloo apartment for rent - the building in which the apartment is located
From $75 /mo
Studio 5 baths 100 sqft
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9
Rent specials Available now
Waterloo apartment for rent - a living room with chairs and a table and a window
$795-$895 /mo

251 Lester Street, Suite 201

251 Lester Street, Suite 201, Waterloo, ON, N2L 3W6

Studio 2 baths 100 sqft
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17
Available now
Waterloo apartment for rent - a living room with blue walls and a coffee table with a plant
$2,335-$2,574 /mo

131 University

131 University Ave W, Waterloo, ON, N2L 0J9

1 bed 1 bath 635-761 sqft
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42
Rent specials Available now
Waterloo apartment for rent - a living room with a couch and chairs and a table
$795-$895 /mo

Student Rooms at 261 Lester St., Suite 204, Waterloo, Ontario

261 Lester Street, Suite 204, Waterloo, ON, N2L 3W6

Studio 2 baths 100 sqft
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2
Rent specials Available now
Waterloo apartment for rent - an apartment building with cars parked outside in the snow
$795-$895 /mo

251 Lester Street, Unit 206 - Student housing

251 Lester Street, Suite 206, Waterloo, ON, N2L 3W6

1 bed 2 baths 100 sqft
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11
Waterloo apartment for rent - A kitchen with white appliances and wooden cabinets.
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Quiet Place

510 Quiet Pl, Waterloo, ON, N2L 5A3

1-2 beds 1 bath 825 sqft
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15
Waterloo apartment for rent - a living room with black couches and a round table
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Linden Village

203 Lester St, Waterloo, ON, N2L 0B5

5 beds 2 baths 1,286-1,534 sqft
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18
Available now
Waterloo apartment for rent - a living room and dining room with a table and chairs
$1,829-$2,935 /mo

The HUB GEOWAVE

130 Columbia St W, Waterloo, ON, N2L 0G6

1-2 beds 1-2 baths 504-1,026 sqft
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1
Available now
Kitchener apartment for rent - a blue building with a chain link fence in front of it
$1,500-$1,800 /mo

363 Erb St. W

363 Erb St. W, Kitchener, ON, N2L 1W4

1-2 beds 1 bath
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23
Available now Video
Waterloo condo for rent - a kitchen with a white island and a stainless steel refrigerator
$1,850-$2,400 /mo

Uptown 168

168 King Street South, Waterloo, ON, N2J 1P6

1-2 beds 1-2 baths 536-864 sqft
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37
Available now
Waterloo apartment for rent - A living room with a white couch and a rug.
$1,999-$2,961 /mo

Vogue Residences

155 King Street North Inc., Waterloo, ON, N2J 0E8

1-2 beds 1-2 baths 639-843 sqft
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Get to know the area

Know your way around
41
Car-Dependent
Walk Score®
45
Some Transit
Transit Score®
64
Bikeable
Bike Score®
Waterloo is mostly car dependent. Limited services and amenities are within walking distance, so a car is needed for most errands. The area has limited public transportation options, making it less ideal for those who rely on transit. Waterloo is a moderately bikeable area, offering some cycling infrastructure to support local rides.
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Renter’s City Guide to Waterloo

CITY GUIDE
WATERLOO, ONTARIO

Located just outside of Guelph, St. Jacobs, and New Hamburg. Waterloo covers more than 64 square kilometres near the Grand River and Highway 85 (Conestoga Parkway). Public transportation and nearby highways make it easy for residents to get around, and amenities such as restaurants, shopping malls, and entertainment options are abundant. Parks, a lake, a creek, and a river all make for stunning views during a hike or picnic.

Real Estate Market Overview

With average house prices ranging from $300,000 to $600,000, Waterloo has a mid-range real estate market. In Waterloo’s northern section, large, newer-built homes at higher prices can be found mostly along the outer edges of the city. Older single-family homes can also be found in this section, along with more affordable row houses and retail commercial space. The city’s central section offers a mix of older single-family homes, condo options, row housing, vacant land, and commercial space (mostly office and retail). The southern section is predominantly newer and older single-family homes, with some commercial space available.


Rental Market

Sitting at around 2%, Waterloo’s vacancy rate has been decreasing over the past few years, creating a tighter rental market. The city’s high demand for rental units is linked to there being two university campuses in Waterloo, as well as a number of tech companies. While additional rental units are being added to the market, the supply has not been able to keep up with the demand. Rental condo units have been a popular choice recently in the city, including for students. Vacancy rates are lowest for bachelor and one-bedroom apartments, while three-bedroom apartments have high availability. The average rent costs for apartments in Waterloo are $820 for a bachelor apartment, $880 for a one-bedroom apartment, $1,100 for a two-bedroom apartment, and $1,400 for a three-bedroom (or more) apartment.

Employment

Waterloo is known for its technology-based economy. Hundreds of high-tech companies operate in the city, including BlackBerry, Descartes Systems Group, Maplesoft, Sandvine, Open Text Corporation, Dalsa, MKS Inc., and Aeryon Labs. Tech companies that are headquartered elsewhere, but that have research and development centres in the city, include Google, McAfee, Electronic Arts, SAP, Intel, and Oracle. Insurance is also a big contributor to the local economy, with companies such as Economical Insurance, Sun Life Financial, Manulife, and Equitable Life of Canada employing thousands of residents. Other large employers include the University of Waterloo and Wilfrid Laurier University. Waterloo’s unemployment rate sits at around 6%, which is on par with the national rate.


Transportation

Grand River Transit operates public transportation in the city, as well as in the neighbouring communities of Cambridge, Kitchener, St. Jacobs, Elmira, and New Hamburg.The majority of the buses in operation are accessible for those in wheelchairs or with strollers. More than a dozen routes pass through the city. Rapid transit routes allow for faster travel times, and the city is currently working on a light rail transit system. GO Transit buses make stops at the two universities, and the Greyhound bus service also stops in the city.

Schools

The Waterloo Region District School Board and Waterloo Catholic District School Board operate primary and secondary schools in the city. Examples of schools in the area include Cedarbrae Public School, Centennial Public School, Empire Public School, Laurelwood Public School, MacGregor Senior Public School, Waterloo Collegiate Institute, Holy Rosary, and St. David Catholic Secondary. Private school options are also available. Waterloo has a number of post-secondary options, including the University of Waterloo, Wilfrid Laurier University, Conestoga College, St. Jerome’s University, Liaison College of Culinary Arts, Renison University College, and St. Paul’s University College.


Family Life

Laurel Creek Conservation Area provides outdoor recreation options for people of all ages, including camping, boating, fishing, swimming, hiking, picnicking, cycling, and kayaking. Besides watersports, the park offers playgrounds and baseball diamonds in the summer months.In the winter, visitors can go cross-country skiing or snowshoeing on groomed trails throughout the park. University of Waterloo’s Earth Sciences Museum features exhibits on geology, archeology, and mining, which include specimens of rocks and minerals, and animal and plant fossils, as well as examples of tools and equipment used. The museum also has a learning centre, a replica mining tunnel, a fountain, and a rock garden. Group tours are available, and the museum holds various events throughout the year.

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