Cheap Apartments for Rent in the Outlying Kitchener Waterloo Neighborhood of Kitchener, ON from $500 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Outlying Kitchener Waterloo area of Kitchener.

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86 University Av W
$863
Total Monthly Price

Total Monthly Price

Base Rent
$863

Total Monthly Price
$863
5 Bedroom Apartment Available Sep 1

86 University Av W

86 University Av WWaterloo, ON N2L 3C8
Furnished
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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143 Columbia
$590 - $6884 to 5 Bedroom Apartments

143 Columbia

143 Columbia St WWaterloo, ON N2L 3L2
Furnished
  • Smoke Free
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261 Lester St
$750Studio to 1 Bedroom Apartments

261 Lester St

261 Lester StWaterloo, ON N2L 3W6
Student Housing
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253 Lester St
$795Studio Apartments

253 Lester St

253 Lester StWaterloo, ON N2L 3W6
Student Housing

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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251 Lester St
$8951 to 2 Bedroom Apartments

251 Lester St

251 Lester StWaterloo, ON N2L 3W6
Student Housing

Cheapest Available Outlying Kitchener Waterloo Apartments for Rent

 

The cheapest available apartment rental in the Outlying Kitchener Waterloo area of Kitchener, ON is a 4 Beds unit found at 143 Columbia priced from $590. NUVO - 1442 Highland Road West has the second lowest priced unit, which is a Studio apartment currently listed from $1,425. Here are the most affordable Outlying Kitchener Waterloo apartments for rent in Kitchener, ON:

Apartment ListingModel NameBed/BathPriced From
143 ColumbiaLpSt24BR,2BA$590
NUVO - 1442 Highland Road WestStudioStudio,1BA$1,425
THE LINQ1 Bedroom plus Dining1BR,1BA$1,468

Best Value Apartments for Rent in Outlying Kitchener Waterloo, ON

As of August 16, 2026 the best value apartment in the Outlying Kitchener Waterloo area is the $1.77 price per square foot 3 Bedroom(s) and 1.5 Bathroom(s) Model at Sunnydale in the in the Waterloo North West neighborhood starting from $2,650. The second greatest value Outlying Kitchener Waterloo apartment is the 2 Bedroom plus Den Model at 255 Sunview St starting at $1,964 with a $1.64 price per square foot in the Waterloo North East neighborhood. Here is today’s list of the best values for Outlying Kitchener Waterloo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)3BR,1.5BA$1.77
255 Sunview St2 Bedroom plus Den2BR,2BA$1.64
Parkside Tower2 Bedroom, 1 Bathroom2BR,1BA$1.97
520 Parkside DrTwo Bedroom Apartment2BR,1BA$2.21
383 Albert StOne Bedroom Apartment1BR,1BA$1.85
Beechwood Apartments1 Bed, 1 bath1BR,1BA$1.88
485 Parkside DrTwo Bedroom Apartment2BR,1BA$2.23
434 Hazel StOne Bedroom1BR,1BA$1.97
THE LINQ1 Bedroom plus Den1BR,1BA$2.20
131 University1 Bedroom plus Den1BR,1BA$2.17

Frequently Asked Questions about Cheap Outlying Kitchener Waterloo Apartments

What is the price of a cheap apartment in Outlying Kitchener Waterloo?

The cheapest apartment in Outlying Kitchener Waterloo is THE LINQ which is listed at $1,468, while the average apartment in Outlying Kitchener Waterloo costs $1,807.

What types of apartments are the cheapest in Outlying Kitchener Waterloo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Outlying Kitchener Waterloo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Outlying Kitchener Waterloo?

Cheap apartments in Outlying Kitchener Waterloo have an average cost of $866 which is $941 cheaper than the average rent for all rentals in Outlying Kitchener Waterloo.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.