
Cheap Apartments for Rent in Waterdown, ON from $900 (109 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterdown.


450 Dundas St E, Unit 404

450 Dundas St E, Unit 404

450 Dundas St E, Unit 409

450 Dundas St E, Unit 409

333 Dundas St E, Unit 333

333 Dundas St E, Unit 333

470 Dundas St E, Unit 103

470 Dundas St E, Unit 103

Bold Street Apartments
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.

255 King

150 Bay Street South

The Woodlands

79-81 Duke St

Corktown Crossing II

150 & 160 Hughson St South

100 Main

718 Lawrence

Brock & John

Corktown Crossing I
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.

Wellington Place

Bay 200

75 Carling Street

Market Street Apartments

233 Mohawk Road East

The Renaissance Towers

Total Monthly Price
Le Palais & Capital Terrace

Total Monthly Price
Glen Terrace Apartments

Stoney Creek

Blinkbonnie
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Haldimand Apartments

Total Monthly Price
Burlington Square

Mainwell Apartments

Grant & Don

99 York Rd

Durand Village

157 Pearl

Camelot Towers

Total Monthly Price
Governers Estate

38 King Street W
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Tindale & Quigley

Surrey Lane Apartments

Walnut Place

Total Monthly Price
Barkley Towers

Regency on Main

Total Monthly Price
30 Speers Road Apartments

Concord Apartments

The Point

Marquee Residence

Parkland Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Waterdown, ON Local Guide
How much does it cost to rent an apartment in Waterdown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Waterdown Studio Apartments | $1,514 | $950 | $1,842 |
| Cheap Waterdown 1 Bedroom Apartments | $1,785 | $1,225 | $2,475 |
| Cheap Waterdown 2 Bedroom Apartments | $2,225 | $1,549 | $3,395 |
| Cheap Waterdown 3 Bedroom Apartments | $2,822 | $1,415 | $8,000 |
| Cheap Waterdown 4 Bedroom Apartments | $3,489 | $1,195 | $6,125 |
Browse Top Apartments in Waterdown
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Waterdown, ON Local Guide
- Nearby Cities
Cheapest Available Waterdown Apartments for Rent
 The cheapest available apartment rental in Waterdown, ON is a Studio unit found at Bold Street Apartments in the Flamborough neighborhood priced from $950. 255 King in the Flamborough neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,239. Here is today’s list of the most affordable Waterdown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bold Street Apartments | Junior Bachelor | Studio,1BA | $950 |
| 255 King | Bachelor | Studio,1BA | $1,239 |
| 150 Bay Street South | 1 Bed, 1 Bath | 1BR,1BA | $1,306 |
| The Woodlands | One Bedroom | 1BR,1BA | $1,349 |
| 79-81 Duke St | Bachelor | Studio,1BA | $1,371 |
| Corktown Crossing II | 1 Bedroom (Higher Floors) | 1BR,1BA | $1,380 |
| 150 & 160 Hughson St South | 1 Bed 1 Bath | 1BR,1BA | $1,383 |
| 100 Main | 1 Bedroom Promotional Price For First 7 Months* | 1BR,1BA | $1,399 |
| 718 Lawrence | 1 Bed, 1 Bath | 1BR,1BA | $1,399 |
| Bay 200 | 1 Bedroom | 1BR,1BA | $1,410 |
Best Value Apartments for Rent in Waterdown, ON
As of July 30, 2026 the best value apartment in the Waterdown area is the $1.74 price per square foot Three Bedroom with Garage Model at Roundtree Manor in the in the Burlington East neighborhood starting from $3,200. The second greatest value Waterdown apartment is the K1 Model at Georgian Court Townhomes starting at $2,940 with a $2.18 price per square foot in the Aldershot neighborhood. Here is today’s list of the best values for Waterdown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Roundtree Manor | Three Bedroom with Garage | 3BR,1.5BA | $1.74 |
| Georgian Court Townhomes | K1 | 3BR,1.5BA | $2.18 |
| 38 King Street W | 2 Bed 1 Bath | 2BR,1BA | $1.79 |
| 50 John St W | Two Bedroom | 2BR,1BA | $2.26 |
| Corktown Crossing II | 2 Bedroom | 2BR,1BA | $2.30 |
| Durand Village | One Bedroom | 1BR,1BA | $2.28 |
| 99 York Rd | 2 Bedroom | 2BR,1BA | $2.32 |
| 718 Lawrence | 1 Bed, 1 Bath | 1BR,1BA | $2.03 |
| 150 & 160 Hughson St South | 1 Bed 1 Bath | 1BR,1BA | $2.15 |
| Corktown Crossing I | 1 Bedroom (Lower Floors) | 1BR,1BA | $2.31 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterdown, ON Rentals by Map
See the most popular apartments and homes in Waterdown, ON
Frequently Asked Questions about Cheap Waterdown Apartments
What is the Cheapest Studio apartment in Waterdown?
Currently the most affordable Cheap Studio Apartment in Waterdown is at Bold Street Apartments listed at $950.
How much is rent for a Cheap One Bedroom Waterdown Apartment?
The lowest price for a Cheap One Bedroom Waterdown Apartment is $1,225 at Bold Street Apartments.
What is the lowest price for a Cheap Two Bedroom Waterdown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterdown is starting from $1,549 at The Woodlands.
What is the most affordable Waterdown Three Bedroom Apartment?
The best deal on a cheap Waterdown Three Bedroom Apartment rental is at The Woodlands and starts from $2,079.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.