Cheap Homes for Rent in Waterdown, ON from $1,200 (12 Rentals)

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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.

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

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 ListingModel NameBed/BathPriced From
Bold Street ApartmentsJunior BachelorStudio,1BA$950
255 KingBachelorStudio,1BA$1,120
The WoodlandsOne Bedroom1BR,1BA$1,349
Corktown Crossing II1 Bedroom (Higher Floors)1BR,1BA$1,380
718 Lawrence1 Bed, 1 Bath1BR,1BA$1,399

Best Value Apartments for Rent in Waterdown, ON

As of June 21, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Roundtree ManorThree Bedroom with Garage3BR,1.5BA$1.74
Georgian Court TownhomesK13BR,1.5BA$2.18
150 Hughson St2 Bedroom2BR,1BA$1.80
150 & 160 Hughson St South2 Bed 1 Bath2BR,1BA$1.80
38 King Street W1 Bed 1 Bath1BR,1BA$1.77
Regency on MainA21BR,2BA$2.24
Surrey Lane Apartments1 Bedroom1BR,1BA$2.20
150 Bay Street South2 Beds, 1 Bath2BR,1BA$2.11
Concord Apartments1 Bedroom1BR,1BA$2.14
718 Lawrence1 Bed, 1 Bath1BR,1BA$2.03

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.

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Real 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.

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Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Waterdown

What type of rentals are currently available in Waterdown?

There are currently 90 Apartments for Rent in Waterdown, ON with pricing that ranges from $950 to $6,158. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterdown ranging from $1,200 to $15,000.

What is the current price range for Rental Homes in Waterdown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterdown ranges from $1,200 to $15,000 with an average monthly rent of $4,589.

How much are larger Three and Four Bedroom Rentals in Waterdown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterdown range from $1,415 to $3,755, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,395 and Four Bedroom Apartments start at $1,195.

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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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.

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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.

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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.

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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.