Cheap Homes for Rent in Waterdown, ON from $500 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Waterdown.

property at 44 Victoria Ave S

$1,245 - $1,850

Studio To 2 Bedroom Rentals

Available Now

44 Victoria Ave S

HamiltonONL8N 2S7

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.

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.

Waterdown, ON Local Guide

Cheapest Available Waterdown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waterdown, ON is a Studio unit found at Bold Street Apartments in the Flamborough neighborhood priced from $1,125. Bay 200 in the Flamborough neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,315. Here is today’s list of the most affordable Waterdown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bold Street ApartmentsBachelorStudio,1BA$1,125
Bay 2001 Bedroom1BR,1BA$1,315
Haldimand Apartments1 Bedroom1BR,1BA$1,320

Best Value Apartments for Rent in Waterdown, ON and Nearby

As of February 02, 2026 the best value apartment in the Waterdown area is the $2.24 price per square foot G1 Model at Georgian Court Townhomes in the in the Aldershot neighborhood starting from $2,690. The second greatest value Waterdown apartment is the 2 Bedroom, 1 Bathroom Model at West Village Suites - Student Living starting at $1,530 with a $1.58 price per square foot in the Ancaster 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.
Georgian Court TownhomesG12BR,1.5BA$2.24
West Village Suites - Student Living2 Bedroom, 1 Bathroom2BR,1BA$1.58
Aldershot Apartments2 Bedroom2BR,1BA$2.12
38 King Street W2 Bed + Den, 1 Bath2BR,1BA$2.07
Durand VillageOne Bedroom1BR,1BA$2.10
718 Lawrence2 Beds, 1 Bath2BR,1BA$2.02
Concord Apartments1 Bedroom1BR,1BA$2.07
Mainwell Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.05
Haldimand Apartments1 Bedroom1BR,1BA$2.03
Blinkbonnie1 Bedroom1BR,1BA$2.20

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 84 Apartments for Rent in Waterdown, ON with pricing that ranges from $1,045 to $5,530. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterdown ranging from $595 to $8,350.

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 $595 to $8,350 with an average monthly rent of $3,972.

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 $1,485 to $4,485, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,899 to $3,500. Four Bedroom Single-Family rentals are also available starting from $750 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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.