Waterloo, ON apartments for rent
573 apartments for rent in Waterloo, ON, from 283 communities.
580 COLDSTREAM Drive Unit# 214 214
580 COLDSTREAM Drive Unit# 214, Waterloo, ON, N2V2H3
321 SPRUCE Street Unit# 302 302
321 SPRUCE Street Unit# 302, Waterloo, ON, N2L3M6
#1 - 69 BLYTHWOOD ROAD N #1
#1 - 69 BLYTHWOOD ROAD N, Waterloo, ON, N2L3Z9
928 - 145 COLUMBIA STREET W 928
928 - 145 COLUMBIA STREET W, Waterloo, ON, N2L0K7
330 PHILLIP Street Unit# N507 N507
330 PHILLIP Street Unit# N507, Waterloo, ON, N2L3W9
400 WILD CALLA Street Unit# Basement Basement
400 WILD CALLA Street Unit# Basement, Waterloo, ON, N2V0B6
407A - 275 LARCH STREET E 407A
407A - 275 LARCH STREET E, Waterloo, ON, N2L3R2
62 BALSAM Street Unit# B206 B206
62 BALSAM Street Unit# B206, Waterloo, ON, N2L3H2
275 LARCH Street Unit# G502 G502
275 LARCH Street Unit# G502, Waterloo, ON, N2L3R2
12 E BRIDGEPORT Road E Unit# 4 4
12 E BRIDGEPORT Road E Unit# 4, Waterloo, ON, N2J2J3
145 MACGREGOR Crescent Unit# 1 1
145 MACGREGOR Crescent Unit# 1, Waterloo, ON, N2J3X2
603 - 158 KING STREET 603
603 - 158 KING STREET, Waterloo, ON, N2J0E5
218 - 88 HICKORY STREET W 218
218 - 88 HICKORY STREET W, Waterloo, ON, N2L3T6
309 - 257 HEMLOCK STREET 309
309 - 257 HEMLOCK STREET, Waterloo, ON, N2L0K2
209 - 275 EIWO COURT 209
209 - 275 EIWO COURT, Waterloo, ON, N2K2M8
220 - 88 HICKORY STREET W 220
220 - 88 HICKORY STREET W, Waterloo, ON, N2L3T6
708 AUTUMN WILLOW Drive Unit# LOWER LOWER
708 AUTUMN WILLOW Drive Unit# LOWER, Waterloo, ON, N2V0H8
2201 - 203 ALBERT STREET S 2201
2201 - 203 ALBERT STREET S, Waterloo, ON, N2L0K6
75 LILLIAN Drive Unit# B B
75 LILLIAN Drive Unit# B, Waterloo, ON, N2J4J8
321 SPRUCE Street Unit# 608 608
321 SPRUCE Street Unit# 608, Waterloo, ON, N2L0G4
338 ALBERT Street Unit# 214 214
338 ALBERT Street Unit# 214, Waterloo, ON, N2L3T8
F301 - 275 LARCH STREET F301
F301 - 275 LARCH STREET, Waterloo, ON, N2J3R2
308 LESTER Street Unit# 501 501
308 LESTER Street Unit# 501, Waterloo, ON, N2L3W7
607 - 107 ROGER STREET 607
607 - 107 ROGER STREET, Waterloo, ON, N2J1A4
275 LARCH Street Unit# F113 F113
275 LARCH Street Unit# F113, Waterloo, ON, N2L3R2
123 - 258A SUNVIEW STREET 123
123 - 258A SUNVIEW STREET, Waterloo, ON, N2L0H6
101 GOLDEN EAGLE Road Unit# 111 111
101 GOLDEN EAGLE Road Unit# 111, Waterloo, ON, N2V1C3
580 COLDSTREAM Drive Unit# 205 205
580 COLDSTREAM Drive Unit# 205, Waterloo, ON, N2V2H3
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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.