Waterloo, ON apartments for rent
482 apartments for rent in Waterloo, ON, from 275 communities.
G101 - 275 LARCH STREET G101
G101 - 275 LARCH STREET, Waterloo, ON, N2L3R2
285 ERB Street W Unit# 809 809
285 ERB Street W Unit# 809, Waterloo, ON, N2L1W4
216 KING Street S Unit# 1 1
216 KING Street S Unit# 1, Waterloo, ON, N2J1R3
10 - 327 NORTHLAKE DRIVE 10
10 - 327 NORTHLAKE DRIVE, Waterloo, ON, N2V1Z1
N1601 - 330 PHILLIP STREET N1601
N1601 - 330 PHILLIP STREET, Waterloo, ON, N2L3W9
1617 - 258A SUNVIEW STREET 1617
1617 - 258A SUNVIEW STREET, Waterloo, ON, N2L0H6
326 ERB Street W Unit# 17 17
326 ERB Street W Unit# 17, Waterloo, ON, N2L1W3
175 WEBER Street N Unit# 5 5
175 WEBER Street N Unit# 5, Waterloo, ON, N2J3H3
212 - 251 NORTHFIELD DRIVE E 212
212 - 251 NORTHFIELD DRIVE E, Waterloo, ON, N2J4G8
410 HAZEL Street Unit# 101 101
410 HAZEL Street Unit# 101, Waterloo, ON, N2L3P8
624 SETTLERSFIELD Court Unit# A A
624 SETTLERSFIELD Court Unit# A, Waterloo, ON, N2T2K7
613 - 736 OLD ALBERT STREET 613
613 - 736 OLD ALBERT STREET, Waterloo, ON, N2L6R4
155 CAROLINE Street S Unit# 1506 1506
155 CAROLINE Street S Unit# 1506, Waterloo, ON, N2L0J8
128 KING Street N Unit# 804 804
128 KING Street N Unit# 804, Waterloo, ON, N2J2X9
1001 - 158 KING STREET N 1001
1001 - 158 KING STREET N, Waterloo, ON, N2J0E5
20 CARDILL Crescent N Unit# Full House Full House
20 CARDILL Crescent N Unit# Full House, Waterloo, ON, N2L3Y6
379 HOLLY Street Unit# 2 2
379 HOLLY Street Unit# 2, Waterloo, ON, N2L4G5
305 - 405 ERB STREET W 305
305 - 405 ERB STREET W, Waterloo, ON, N2L1W7
277 DEWDROP Crescent Unit# Lower Lower
277 DEWDROP Crescent Unit# Lower, Waterloo, ON, N2V0B1
UPPER UNIT - 139 MACGREGOR CRESCENT Upper Unit
UPPER UNIT - 139 MACGREGOR CRESCENT, Waterloo, ON, N2J3X2
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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.