1 Bedroom Apartments for Rent in Waterloo, ON (561 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!

Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

property at 318 Spruce St
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
1 Bedroom, 1 Bath Condo for Rent
Available Now
Furnished

318 Spruce St, Unit 1708

318 Spruce St
WaterlooONN2L 0E9
property at 350 Regina St N
$1,495 - $1,795
1 Bedroom Rentals
Available Now

350 Regina St N

WaterlooONN2J 3B7
property at 58 Albert St
$1,500
1 Bedroom Rentals
Available Now

58 Albert St

WaterlooONN2L 3S2
property at 318 Spruce St
$1,695 - $2,745
1 Bedroom Rentals
Available Now

318 Spruce St

WaterlooONN2L 0E9
property at 251 Lester St
$695 - $795
1 Bedroom Rentals
Available Now
Furnished

251 Lester St

WaterlooONN2L 3W6
property at 261 Lester St
$750
1 Bedroom Rentals
Available Now
Furnished

261 Lester St

WaterlooONN2L 3W6
property at 392 Albert St
$740 - $795
1 Bedroom Rentals
Available Now
Affordability

392 Albert St

WaterlooONN2L 3V1
property at 253 Lester St
$700 - $795
1 Bedroom Rentals
Available Now
Furnished

253 Lester St

WaterlooONN2L 3W6
property at 251 Erb St. W
$1,525 - $1,900
1 Bedroom Rentals
Available Oct 1

251 Erb St. W

WaterlooONN2L 1V8

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 271 Lester St
$700 - $750
1 Bedroom Rentals
Available Now
Furnished

271 Lester St

WaterlooONN2L 3W6
property at 74 Mcdougall Rd
$1,000

Total Monthly Price

Base Rent$1,000 - $3,000

Total Monthly Price$1,000 - $3,000
1 Bedroom Homes for Rent
Available Now
Cost Per Sq.Ft.

74 Mcdougall Rd

WaterlooONN2L 2W5
property at 312 Erb St W
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
1 Bedroom, 1 Bath Condo for Rent
Available Now

312 Erb St W

WaterlooONN2L 0K9
property at 258A Sunview St
$1,600
1 Bedroom Rentals
Available Now
Furnished

258A Sunview St

WaterlooONN2L 0H6

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.

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Waterloo, ON Local Guide

Waterloo 1 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: September 23, 2026

There are currently 171 available 1 Bedroom apartment units in Waterloo, ON neighborhoods that range in price from $695 to $5,180. Heres is today's list of the top neighborhoods in Waterloo with the most available 1 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Waterloo Uptown51$1,795$695
Waterloo North East46$1,743$695
Waterloo University46$1,725$695
Waterloo North West28$1,699$695

Largest Available Waterloo 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Waterloo, ON is found at Beacon Tower in the Kitchener South West neighborhood and is 850 square feet priced from $1,595. Kings Tower in the Kitchener Central neighborhood has the second largest 1 Bedroom, which is sized at 846 square feet and currently listed start at $1,699. Here is today’s list of the largest available 1 Bedroom units in Waterloo:

Apartment ListingModel NameSquare FootagePriced From
Beacon TowerOne Bedroom850 Sq Ft$1,595
Kings Tower1 Bedroom Premium846 Sq Ft$1,699
Vertikal1 Bed + Den, 1 Bath Model804 Sq Ft$2,450
Park PlaceOne Bedroom740 Sq Ft$1,825
Avenue Apartments1 Bedroom, 1 Bathroom723 Sq Ft$1,759
611 Davenport1 Bedroom712 Sq Ft$2,057
Beechwood Apartments1 Bed, 1 bath700 Sq Ft$1,695
20 University Inc.Penthouse-1593 Sq FtCall for Rates
383 Albert StOne Bedroom Apartment574 Sq Ft$1,699
239 Albert St1 Bedroom plus Dining499 Sq Ft$1,463

Cheapest Available Waterloo 1 Bedroom Apartments

As of September 23, 2026 the lowest priced 1 Bedroom apartment unit in Waterloo, ON is the 1 Bedroom Shared Accommodation Model starting from $599 at Walnut Village Inc. in the Waterloo North East neighborhood. The second most affordable Waterloo 1 Bedroom is the 1 Bedroom Model at 255 Sunview St starting at $1,326 . The average price for all 1 Bedroom apartments in Waterloo is currently $1,773. Here is today’s list of the cheapest available 1 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
Walnut Village Inc.1 Bedroom Shared Accommodation$599
255 Sunview St1 Bedroom$1,326
Capitol Hill Apartments1 Bed 1 Bath C$1,400
605 Davenport RoadOne bedroom with one bathroom$1,447
214 York Queen1 bedroom$1,450
239 Albert St1 Bedroom plus Dining$1,463
THE LINQ1 Bedroom plus Dining$1,468
43 Montrose Ave1 Bedroom(s)$1,470
265 Lawrence Avenue Townhomes1 Beds, 1 Baths$1,495
228 Albert St1 Bedroom plus Dining$1,511

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.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Waterloo, ON Rentals by Map

View Map
Waterloo, ON Apartments Map
View Map
Waterloo, ON Rental Homes Map

Frequently Asked Questions about 1 Bedroom Waterloo Apartments

What is the Cheapest apartment in Waterloo with 1 Bedroom?

Currently the most affordable 1 Bedroom in Waterloo is at Walnut Village Inc. listed at $599.

How much is the average rent for a 1 Bedroom Waterloo Apartment?

The average rent for a 1 Bedroom Apartment in Waterloo is $1,773.

What is the largest available 1 Bedroom Waterloo Apartment for rent?

Today's apartment with the most square footage in Waterloo is a 850 square feet unit starting from $1,595 at Beacon Tower.

What is the average size for Waterloo 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Waterloo is currently 676 sq ft.

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

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.