Waterloo, ON apartments for rent
538 apartments for rent in Waterloo, ON, from 265 communities.
417 - 257 HEMLOCK STREET 417
417 - 257 HEMLOCK STREET, Waterloo, ON, N2L0K2
G310 - 275 LARCH STREET G310
G310 - 275 LARCH STREET, Waterloo, ON, N2L0J4
275 LARCH Street Unit# H108 H108
275 LARCH Street Unit# H108, Waterloo, ON, N2L3R2
580 COLDSTREAM Drive Unit# 312 312
580 COLDSTREAM Drive Unit# 312, Waterloo, ON, N2V2H3
321 SPRUCE Street Unit# 608 608
321 SPRUCE Street Unit# 608, Waterloo, ON, N2L0G4
1405 - 318 SPRUCE STREET 1405
1405 - 318 SPRUCE STREET, Waterloo, ON, N2L3M7
371 - 258C SUNVIEW STREET 371
371 - 258C SUNVIEW STREET, Waterloo, ON, N2L3V9
2201 - 158 KING STREET N 2201
2201 - 158 KING STREET N, Waterloo, ON, N2J2Y2
65 CARDILL Crescent Unit# B B
65 CARDILL Crescent Unit# B, Waterloo, ON, N2L3Y7
191 KING Street S Unit# 1210 1210
191 KING Street S Unit# 1210, Waterloo, ON, N2S1R1
274 ERB Street W Unit# 801 801
274 ERB Street W Unit# 801, Waterloo, ON, N2L1W2
416 - 312 ERB STREET W 416
416 - 312 ERB STREET W, Waterloo, ON, N2L1W3
62 BALSAM Street Unit# H304 H304
62 BALSAM Street Unit# H304, Waterloo, ON, N2L3H2
316 - 312 ERB STREET W 316
316 - 312 ERB STREET W, Waterloo, ON, N2L1W3
G316 - 275 LARCH STREET G316
G316 - 275 LARCH STREET, Waterloo, ON, N2L3R2
2002 - 145 COLUMBIA STREET W 2002
2002 - 145 COLUMBIA STREET W, Waterloo, ON, N2L0K7
312 ERB Street W Unit# 602 602
312 ERB Street W Unit# 602, Waterloo, ON, N2L0K9
209 WILLOWDALE Avenue Unit# Upper Upper
209 WILLOWDALE Avenue Unit# Upper, Waterloo, ON, N2J3M2
389 TEALBY Crescent Unit# Lower Lower
389 TEALBY Crescent Unit# Lower, Waterloo, ON, N2J0A1
307 - 275 LARCH STREET 307
307 - 275 LARCH STREET, Waterloo, ON, N2L3R2
1703 - 155 KING STREET N 1703
1703 - 155 KING STREET N, Waterloo, ON, N2J0E8
776 LAURELWOOD Drive Unit# 206 206
776 LAURELWOOD Drive Unit# 206, Waterloo, ON, N2V2N2
S2501 - 330 PHILLIP STREET S2501
S2501 - 330 PHILLIP STREET, Waterloo, ON, N2L3W9
314 - 255 NORTHFIELD DRIVE E 314
314 - 255 NORTHFIELD DRIVE E, Waterloo, ON, N2V2H1
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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.