
Cheap 1 Bedroom Apartments for Rent in Waterloo, ON from $750 (107 Rentals) Page 2 of 3


Park Manor

118 Fife Ave

65 Roy St

461 Victoria St S

461 Victoria St S

461 Victoria St S

85 High Acres Cres

72 Ingleside Dr

72 Ingleside Dr
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.

313 Duke St E

313 Duke St E

48 Weber St W

317 Duke St W

Royal & Wales Apartments

43 Benton St

2111 Countrystone Pl

2111 Countrystone Pl

601 Frederick St

43 Montrose Ave
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

10 Shanley St, Unit A (Lower)

10 Shanley St, Unit A (Lower)

265 Lawrence Avenue Townhomes

156 Cedar St S

117 Markwood Dr

127 Ann St, Unit 3

117 Markwood Dr

127 Ann St, Unit 3

4 Markwood Dr

4 Markwood Dr
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.

Westwood Drive Apartments

100 Walter Street

81 Westwood Dr

Westheights Place

16 Wellington St S

250 Frederick St, Unit 1705

250 Frederick St, Unit 1403

250 Frederick St, Unit 1403

250 Frederick St, Unit 1705

60 Frederick St, Unit 2604
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.

60 Frederick St, Unit 2604

Cherry Hill Suites

Kings Tower

12 Westmount Rd W

Huntington Place

Union Brownstones

Stirling Place

1043 Union St

30 Duke St W, Unit 315

62 Bond St
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.
Waterloo, ON Local Guide

How much does it cost to rent an apartment in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Studio Apartments | $1,410 | $1,200 | $1,545 |
| Waterloo 1 Bedroom Apartments | $1,751 | $750 | $5,180 |
| Waterloo 2 Bedroom Apartments | $2,049 | $1,140 | $5,665 |
| Waterloo 3 Bedroom Apartments | $2,599 | $695 | $6,105 |
| Waterloo 4 Bedroom Apartments | $1,288 | $645 | $3,620 |
| Waterloo 5 Bedroom Apartments | $1,765 | $575 | $5,650 |
Browse Top Apartments in Waterloo
See all Apartments in WaterlooExplore Waterloo
Frequently Asked Questions about Cheap Waterloo Apartments
What is a cheap apartment in Waterloo?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterloo is under $1,404.
What is the price of a cheap apartment in Waterloo?
The cheapest apartment in Waterloo is Walnut Village Inc. which is listed at $599, while the average apartment in Waterloo costs $1,767.
What types of apartments are the cheapest in Waterloo?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 162 regular apartments in Waterloo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Waterloo?
Cheap apartments in Waterloo have an average cost of $969 which is $798 cheaper than the average rent for all rentals in Waterloo.
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

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.

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.