Waterloo, ON apartments for rent
573 apartments for rent in Waterloo, ON, from 283 communities.
1009 - 181 KING STREET S 1009
1009 - 181 KING STREET S, Waterloo, ON, N2J0E7
203 ALBERT Street Unit# 2608 2608
203 ALBERT Street Unit# 2608, Waterloo, ON, N2L0K6
210 - 308 LESTER STREET 210
210 - 308 LESTER STREET, Waterloo, ON, N2L0H9
107 ROGER Street Unit# 607 607
107 ROGER Street Unit# 607, Waterloo, ON, N2J1A4
101 GOLDEN EAGLE Road Unit# 505 505
101 GOLDEN EAGLE Road Unit# 505, Waterloo, ON, N2V0H4
1005 - 158 KING STREET N 1005
1005 - 158 KING STREET N, Waterloo, ON, L2J0E5
67 MILFORD Avenue Unit# 6 6
67 MILFORD Avenue Unit# 6, Waterloo, ON, N2L3Z7
1412 - 145 COLUMBIA STREET W 1412
1412 - 145 COLUMBIA STREET W, Waterloo, ON, N2L0K7
209 AUBURN Drive Unit# A A
209 AUBURN Drive Unit# A, Waterloo, ON, N2K3T1
107 ROGER Street Unit# 401 401
107 ROGER Street Unit# 401, Waterloo, ON, N2J0G3
A-306 - 275 LARCH STREET A-306
A-306 - 275 LARCH STREET, Waterloo, ON, N2L3R2
416 - 312 ERB STREET W 416
416 - 312 ERB STREET W, Waterloo, ON, N2L1W3
305 - 405 ERB STREET W 305
305 - 405 ERB STREET W, Waterloo, ON, N2L1W7
255 KEATS Way Unit# 1207 1207
255 KEATS Way Unit# 1207, Waterloo, ON, N2L6N6
C225 - 330 PHILIP STREET C225
C225 - 330 PHILIP STREET, Waterloo, ON, N2L3W9
423 CADBURY Court Unit# A A
423 CADBURY Court Unit# A, Waterloo, ON, N2K3G7
158 KING Street N Unit# 2303 2303
158 KING Street N Unit# 2303, Waterloo, ON, N2T2Y2
MAIN - 406 TAMARACK DRIVE Main
MAIN - 406 TAMARACK DRIVE, Waterloo, ON, N2L4G6
105 - 312 ERB STREET W 105
105 - 312 ERB STREET W, Waterloo, ON, N2L0K9
303 N KING Street N Unit# 5 5
303 N KING Street N Unit# 5, Waterloo, ON, N2J2Z1
1 - 333 NORTHLAKE DRIVE 1
1 - 333 NORTHLAKE DRIVE, Waterloo, ON, N2V1Z1
321 SPRUCE Street Unit# 610 610
321 SPRUCE Street Unit# 610, Waterloo, ON, N2L0G4
322 - 251 NORTHFIELD DRIVE E 322
322 - 251 NORTHFIELD DRIVE E, Waterloo, ON, N2K0G9
511 - 280 LESTER STREET 511
511 - 280 LESTER STREET, Waterloo, ON, N2L3W6
410 WESTHAVEN Street Unit# 503 503
410 WESTHAVEN Street Unit# 503, Waterloo, ON, N2T0E2
153 DAWSON Street Unit# Room 3 Room 3
153 DAWSON Street Unit# Room 3, Waterloo, ON, N2L1R9
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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.