Cheap Homes for Rent in Waterdown, ON from C$700 (17 Rentals)

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 Blinkbonnie in the Flamborough neighborhood priced from C$1,150. 255 King in the Flamborough neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$1,180. Here is today’s list of the most affordable Waterdown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BlinkbonnieBachelorStudio,1BAC$1,150
255 KingBachelorStudio,1BAC$1,180
Bold Street ApartmentsLarge BachelorStudio,1BAC$1,250
62 Holton Avenue South1 Bed 1 Bath1BR,1BAC$1,327
233 Mohawk Road East1 Bed 1 Bath1BR,1BAC$1,436

Best Value Apartments for Rent in Waterdown, ON and Nearby

As of September 10, 2025 the best value apartment in the Waterdown area is the C$1.63 price per square foot Three Bedroom Town Model at Roundtree Manor in the in the Burlington East neighborhood starting from C$3,000. The second greatest value Waterdown apartment is the G1 Model at Georgian Court Townhomes starting at C$2,700 with a C$2.25 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 Town3BR,1.5BAC$1.63
Georgian Court TownhomesG12BR,1.5BAC$2.25
West Village Suites - Student Living2 Bedroom, 1 Bathroom2BR,1BAC$1.69
50 John St WTwo Bedroom2BR,1BAC$2.26
Aldershot Apartments2 Bedroom2BR,1BAC$2.32
Governers Estate1 bedroom1BR,1BAC$2.40
150 Hughson St1 Bedroom1BR,1BAC$2.13
62 Holton Avenue South1 Bed 1 Bath1BR,1BAC$1.95
Le Palais & Capital Terrace1 Bedroom, 1 Bathroom1BR,1BAC$2.19
255 KingBachelorStudio ,1BAC$2.39

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

Explore Waterdown, ON Rentals by Map

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Frequently Asked Questions about Waterdown

What type of rentals are currently available in Waterdown?

There are currently 79 Apartments for Rent in Waterdown, ON with pricing that ranges from C$1,135 to C$5,800. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterdown ranging from C$700 to C$4,995.

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 C$700 to C$4,995 with an average monthly rent of C$2,681.

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 C$1,485 to C$4,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,599 to C$3,600. Four Bedroom Single-Family rentals are also available starting from C$2,550 and Four Bedroom Apartments start at C$1,300.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.