Waterloo, ON apartments for rent
537 apartments for rent in Waterloo, ON, from 261 communities.
603 - 158 KING STREET 603
603 - 158 KING STREET, Waterloo, ON, N2J0E5
UPPER - 195 CARTER AVENUE Upper
UPPER - 195 CARTER AVENUE, Waterloo, ON, N2J3K5
2002 - 158 KING STREET N 2002
2002 - 158 KING STREET N, Waterloo, ON, N2J2Y2
580 COLDSTREAM Drive Unit# 214 214
580 COLDSTREAM Drive Unit# 214, Waterloo, ON, N2V2H3
410 WESTHAVEN Street Unit# 206 206
410 WESTHAVEN Street Unit# 206, Waterloo, ON, N2T0E2
603 - 312 ERB STREET 603
603 - 312 ERB STREET, Waterloo, ON, N2L1W3
74 WILLIAM Street W Unit# 4 4
74 WILLIAM Street W Unit# 4, Waterloo, ON, N2L1J7
LOWER - 195 CARTER AVENUE Lower
LOWER - 195 CARTER AVENUE, Waterloo, ON, N2J3K5
1701 - 158 KING STREET N STREET 1701
1701 - 158 KING STREET N STREET, Waterloo, ON, N2J0E5
275 LARCH Street Unit# H303 H303
275 LARCH Street Unit# H303, Waterloo, ON, N2L0J5
776 LAURELWOOD Drive Unit# 302 302
776 LAURELWOOD Drive Unit# 302, Waterloo, ON, N2V0A8
580 COLDSTREAM Drive Unit# 302 302
580 COLDSTREAM Drive Unit# 302, Waterloo, ON, N2V2H3
321 SPRUCE Street Unit# 610 610
321 SPRUCE Street Unit# 610, Waterloo, ON, N2L0G4
G310 - 275 LARCH STREET G310
G310 - 275 LARCH STREET, Waterloo, ON, N2L0J4
155 CAROLINE Street S Unit# 1901 1901
155 CAROLINE Street S Unit# 1901, Waterloo, ON, N2L0J8
326 ERB Street W Unit# 17 17
326 ERB Street W Unit# 17, Waterloo, ON, N2L1W3
213 UNION Street E Unit# lower lower
213 UNION Street E Unit# lower, Waterloo, ON, N2J1C9
614 - 251 HEMLOCK STREET 614
614 - 251 HEMLOCK STREET, Waterloo, ON, N2L3R4
330 PHILLIP Street Unit# T2-1009 T2-1009
330 PHILLIP Street Unit# T2-1009, Waterloo, ON, N2L3W9
LOWER UNIT - 361 WESTVALE DRIVE Lower Unit
LOWER UNIT - 361 WESTVALE DRIVE, Waterloo, ON, N2T2M6
501 - 312 ERB STREET 501
501 - 312 ERB STREET, Waterloo, ON, N2L1W3
710 - 128 KING STREET N 710
710 - 128 KING STREET N, Waterloo, ON, N2J2X9
611 - 312 ERB STREET W 611
611 - 312 ERB STREET W, Waterloo, ON, N2L1W3
257 HEMLOCK Street Unit# 417 417
257 HEMLOCK Street Unit# 417, Waterloo, ON, N2L0K2
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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.