
3 Bedroom Apartments for Rent in Waterloo, ON (92 Rentals)


University Place - 50 University Ave E

130 & 140 Lincoln Road

30 Hickory St E, Unit #207

668 Highpoint Ave

50 Austin Dr

Woodland Trail Apartments

Mayfieldview Court

Ivy Three

Ivy Two
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.

Waterloo Heights

525 Albert St

326 Erb St W

Maple Court, State Court, State Street

The MARQ Waterloo at 345 King Street North

The MARQ

520 Parkside Dr

505 Parkside D

Erb Court Apartments

Churchill Townhomes
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.

Sunnydale

Beacon Tower

255 Sunview St

Bankview Court

222 Albert St

Ivy Towns

Richelieu Apartments

Beechwood Apartments

406 Hazel St

347 Spruce St
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60 University Ave E

Spur Line Common

58 Cardill Apartment

Caroline St. Private Residences

512 Albert St

36-42 University Ave East, Waterloo

516-532 Sunnydale Pl

101 Albert St

Vista Hills

539 Parkside Dr
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.

42 Central St

80 Churchill St

114 Erb St W Rd

818-844 Paris Blvd

22-24 High St

Glenelm Crescent

Blackstone Condominiums

375 King St N

10 Young St E

30 Hickory St E
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 | $1,425 | $1,425 | $1,425 |
| Waterloo 1 Bedroom Apartments | $1,949 | $575 | $2,700 |
| Waterloo 2 Bedroom Apartments | $2,193 | $1,213 | $4,505 |
Waterloo 3 Bedroom Apartments | $2,128 | $795 | $2,895 |
| Waterloo 4 Bedroom Apartments | $1,426 | $795 | $2,700 |
| Waterloo 5 Bedroom Apartments | $1,537 | $700 | $5,650 |
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Waterloo, ON Local Guide
- Waterloo Neighborhoods
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Waterloo 3 Bedroom Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: January 25, 2026There are currently 8 available 3 Bedroom apartment units in Waterloo, ON neighborhoods that range in price from $795 to $2,550. Heres is today's list of the top neighborhoods in Waterloo with the most available 3 Bedroom apartments:
| Neighborhood | Available Units | Median Price | Min Price |
|---|---|---|---|
| Waterloo North East | 3 | $2,124 | $795 |
| Waterloo North West | 2 | $2,175 | $2,050 |
| Waterloo Uptown | 2 | $1,497 | $795 |
| Waterloo University | 1 | $2,300 | $2,050 |
Largest Available Waterloo 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Waterloo, ON is found at Ivy Towns in the Waterloo North East neighborhood and is 1,787 square feet priced from $3,150. Ivy Two has the second largest 3 Bedroom, which is sized at 1,520 square feet and currently listed start at $3,000. Here is today’s list of the largest available 3 Bedroom units in Waterloo:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Ivy Towns | 3 Beds, 2 baths | 1,787 Sq Ft | $3,150 |
| Ivy Two | 3 Beds, 2.5 baths | 1,520 Sq Ft | $3,000 |
| Beacon Tower | Three Bedroom | 1,500 Sq Ft | $2,375 |
| Sunnydale | 3 Bedroom(s) and 1.5 Bathroom(s) | 1,500 Sq Ft | $2,500 |
| Ivy Three | 3 Beds, 2.5 baths | 1,363 Sq Ft | $3,200 |
| 130 & 140 Lincoln Road | Three Bedroom Apartment | 1,315 Sq Ft | $2,199 |
| The MARQ | 1 Room in a 5 Bed IMMEDIATE/ MAY (4 Months) | 1,088 Sq Ft | Call for Rates |
Cheapest Available Waterloo 3 Bedroom Apartments
As of January 25, 2026 the lowest priced 3 Bedroom apartment unit in Waterloo, ON is the 3 Beds, 1.5 baths Model starting from $795 at University Place - 50 University Ave E in the Waterloo North East neighborhood. The second most affordable Waterloo 3 Bedroom is the 3 Beds, 1 Baths Model at 265 Lawrence Avenue Townhomes starting at $2,095 in the Kitchener Central neighborhood. The average price for all 3 Bedroom apartments in Waterloo is currently $2,128. Here is today’s list of the cheapest available 3 Bedroom options in Waterloo:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | $795 |
| 265 Lawrence Avenue Townhomes | 3 Beds, 1 Baths | $2,095 |
| 130 & 140 Lincoln Road | Three Bedroom Apartment | $2,199 |
| Beacon Tower | Three Bedroom | $2,375 |
| Sunnydale | 3 Bedroom(s) and 1.5 Bathroom(s) | $2,500 |
| Ivy Two | 3 Beds, 2.5 baths | $3,000 |
| Ivy Towns | 3 Beds, 2 baths | $3,150 |
| Ivy Three | 3 Beds, 2.5 baths | $3,200 |
| 255 Sunview St | 3 Bedroom plus Den | $4,172 |
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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about 3 Bedroom Waterloo Apartments
How much is the average rent for a 3 Bedroom Waterloo Apartment?
The average rent for a 3 Bedroom Apartment in Waterloo is $2,128.
What is the largest available 3 Bedroom Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 1,787 square feet unit starting from $3,150 at Ivy Towns.
What is the average size for Waterloo 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Waterloo is currently 1,420 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

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.

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.

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.

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.