
Cheap Apartments for Rent in Waterdown, ON from $900 (78 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterdown.


131 Spring Creek Dr

Total Monthly Price
87 Hamilton St N

450 Dundas St E

450 Dundas St E

326 Dundas St E

326 Dundas St E

Bold Street Apartments

255 King

150 Bay Street South
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.

The Woodlands

Corktown Crossing II

150 & 160 Hughson St South

718 Lawrence

Blinkbonnie

Templar Flats

Brock & John

Corktown Crossing I

Wellington Place

233 Mohawk Road East
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.

75 Carling Street

Bay 200

Haldimand Apartments

Market Street Apartments

100 Main

Stoney Creek

38 King Street W

Renaissance Towers

Total Monthly Price
Le Palais & Capital Terrace

Total Monthly Price
Glen Terrace Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Grant & Don

Durand Village

Total Monthly Price
30 Speers Road Apartments

Concord Apartments

79-81 Duke St

Mainwell Apartments

Camelot Towers

Total Monthly Price
Burlington Square

Regency on Main

Surrey Lane Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

157 Pearl

Hager Creek

Walnut Place

Total Monthly Price
Barkley Towers

Aldershot Apartments

122 Bronte St S

Parkland Apartments

Marquee Residence

The Chelsea

1275 Elgin St
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.
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 | $1,442 | $950 | $1,781 |
| Cheap Waterdown 1 Bedroom Apartments | $1,884 | $1,225 | $2,595 |
| Cheap Waterdown 2 Bedroom Apartments | $2,436 | $1,530 | $3,200 |
| Cheap Waterdown 3 Bedroom Apartments | $3,066 | $1,415 | $8,000 |
| Cheap Waterdown 4 Bedroom Apartments | $3,279 | $1,195 | $6,144 |
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 $1,120. 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 | $1,120 |
| The Woodlands | One Bedroom | 1BR,1BA | $1,349 |
| Corktown Crossing II | 1 Bedroom (Higher Floors) | 1BR,1BA | $1,380 |
| Blinkbonnie | 1 Bedroom | 1BR,1BA | $1,399 |
| 718 Lawrence | 1 Bed, 1 Bath | 1BR,1BA | $1,399 |
| 2194 King St E | 1 Bed, 1 Bath | 1BR,1BA | $1,399 |
| Corktown Crossing I | 1 Bedroom (Higher Floors) | 1BR,1BA | $1,420 |
| Wellington Place | Junior 1 Bedroom | 1BR,1BA | $1,430 |
| 75 Carling Street | 1 Bed 1 Bath Furnished | 1BR,1BA | $1,439 |
Best Value Apartments for Rent in Waterdown, ON
As of June 15, 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 |
| Durand Village | Two Bedroom | 2BR,1BA | $2.21 |
| West Village Suites | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.58 |
| 150 & 160 Hughson St South | 2 Bed 1 Bath | 2BR,1BA | $1.80 |
| 150 Hughson St | 2 Bedroom | 2BR,1BA | $1.80 |
| 38 King Street W | 1 Bed 1 Bath | 1BR,1BA | $1.77 |
| 150 Bay Street South | 2 Beds, 1 Bath | 2BR,1BA | $2.11 |
| 718 Lawrence | 1 Bed, 1 Bath | 1BR,1BA | $2.03 |
| Blinkbonnie | 1 Bedroom | 1BR,1BA | $2.19 |
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.