Waterloo, ON apartments for rent
485 apartments for rent in Waterloo, ON, from 235 communities.
611 - 103 ROGER STREET 611
611 - 103 ROGER STREET, Waterloo, ON, N2J1A4
275 LARCH Street Unit# F212 F212
275 LARCH Street Unit# F212, Waterloo, ON, N2L3R2
510 OAKRIDGE Place Unit# LOWER LOWER
510 OAKRIDGE Place Unit# LOWER, Waterloo, ON, N2L4P2
603 - 158 KING STREET 603
603 - 158 KING STREET, Waterloo, ON, N2J0E5
652 JACOB Lane Unit# A A
652 JACOB Lane Unit# A, Waterloo, ON, N2V2G9
206 - 247 NORTHFIELD DRIVE E 206
206 - 247 NORTHFIELD DRIVE E, Waterloo, ON, N2K0H1
UNIT A - 258 INVERHURON CRESCENT Unit A
UNIT A - 258 INVERHURON CRESCENT, Waterloo, ON, N2V2H5
24 UNION Street E Unit# 508 508
24 UNION Street E Unit# 508, Waterloo, ON, N2J1B7
208 - 103 ROGER STREET 208
208 - 103 ROGER STREET, Waterloo, ON, N2J0G2
443 HAZEL Street Unit# 9 9
443 HAZEL Street Unit# 9, Waterloo, ON, N2L3P7
405 ERB Street W Unit# 102 102
405 ERB Street W Unit# 102, Waterloo, ON, N2L1W7
110 - 107 ROGERS STREET 110
110 - 107 ROGERS STREET, Waterloo, ON, N2J0G3
410 WESTHAVEN Street Unit# 1501 1501
410 WESTHAVEN Street Unit# 1501, Waterloo, ON, N2T0E2
305 - 5 FATHER DAVID BAUER DRIVE 305
305 - 5 FATHER DAVID BAUER DRIVE, Waterloo, ON, N2L6M2
F412 - 275 LARCH STREET F412
F412 - 275 LARCH STREET, Waterloo, ON, N2L3R2
716 KARLSFELD Road Unit# A A
716 KARLSFELD Road Unit# A, Waterloo, ON, N2T2W4
132 ALLEN Street E Unit# 1 1
132 ALLEN Street E Unit# 1, Waterloo, ON, N2J1J4
442 BLYTHWOOD Place Unit# B B
442 BLYTHWOOD Place Unit# B, Waterloo, ON, N2L4A3
611 - 107 ROGER STREET 611
611 - 107 ROGER STREET, Waterloo, ON, N2J1A4
LOWER - 275 TOLL GATE BOULEVARD Lower
LOWER - 275 TOLL GATE BOULEVARD, Waterloo, ON, N2L4M3
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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.