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

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 220 Cannon St E

220 Cannon St E

HamiltonONL8L 2B1

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-17, Page 1 of 1

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 C$1,125. 255 King in the Flamborough neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$1,240. Here is today’s list of the most affordable Waterdown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bold Street ApartmentsBachelorStudio,1BAC$1,125
255 KingBachelorStudio,1BAC$1,240
Wellington Place1 Bedroom1BR,1BAC$1,439
79-81 Duke StJunior 1 Bed 1 Bath1BR,1BAC$1,522
718 Lawrence1 Bed, 1 Bath1BR,1BAC$1,523

Best Value Apartments for Rent in Waterdown, ON and Nearby

As of May 29, 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 2 Bedroom, 1 Bathroom Model at West Village Suites starting at C$1,675 with a C$1.73 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.
Roundtree ManorThree Bedroom Town3BR,1.5BAC$1.63
West Village Suites2 Bedroom, 1 Bathroom2BR,1BAC$1.73
Blinkbonnie2 Bedroom2BR,1BAC$2.15
160 Hughson St South2 Bed 1 Bath2BR,1BAC$2.33
Concord Apartments1 Bedroom1BR,1BAC$2.34
150 Hughson St1 Bedroom1BR,1BAC$2.34
Haldimand Apartments1 Bedroom1BR,1BAC$2.48
718 Lawrence1 Bed, 1 Bath1BR,1BAC$2.46
255 KingBachelorStudio ,1BAC$2.51
Bold Street ApartmentsBachelorStudio ,1BAC$2.42

Quick 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.

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Frequently Asked Questions about Waterdown

What type of rentals are currently available in Waterdown?

There are currently 77 Apartments for Rent in Waterdown, ON with pricing that ranges from C$1,050 to C$5,800. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterdown ranging from C$700 to C$9,200.

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$9,200 with an average monthly rent of C$3,013.

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$1,400 to C$4,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$2,150 to C$3,700. Four Bedroom Single-Family rentals are also available starting from C$3,200 and Four Bedroom Apartments start at C$1,250.

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 Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.