3 Bedroom Apartments for Rent in Waterloo, ON (249 Rentals)

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property at 295 Erb St. W
$2,150
3 Bedroom Rentals
Available Now

295 Erb St. W

WaterlooONN2L 1W4
property at 74 Mcdougall Rd
$2,200

Total Monthly Price

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

74 Mcdougall Rd

WaterlooONN2L 2W5

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Waterloo, ON Local Guide

Waterloo 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: September 23, 2026

There are currently 21 available 3 Bedroom apartment units in Waterloo, ON neighborhoods that range in price from $695 to $6,105. Heres is today's list of the top neighborhoods in Waterloo with the most available 3 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Waterloo Uptown7$2,343$695
Waterloo University6$2,341$2,275
Waterloo North East4$2,309$695
Waterloo North West4$2,350$2,340

Largest Available Waterloo 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Waterloo, ON is found at Beechwood Apartments in the Kitchener South West neighborhood and is 2,500 square feet priced from $3,400. Sunnydale in the Waterloo North West neighborhood has the second largest 3 Bedroom, which is sized at 1,500 square feet and currently listed start at $2,650. Here is today’s list of the largest available 3 Bedroom units in Waterloo:

Apartment ListingModel NameSquare FootagePriced From
Beechwood Apartments3 Beds, 3 baths2,500 Sq Ft$3,400
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)1,500 Sq Ft$2,650
Waterloo Heights Apartments & TownhomesTownhome - Three Bedroom1,300 Sq Ft$2,340
The ShanleyPavillion.11,102 Sq Ft$2,600
University Place - 50 University Ave E3 Beds, 1.5 baths1,100 Sq Ft$695
Richmond Square3 Bedroom(s), and 2 Bathroom1,000 Sq Ft$2,343
Avenue Apartments3 Bedroom, 1 Bathroom966 Sq Ft$2,645

Cheapest Available Waterloo 3 Bedroom Apartments

As of September 23, 2026 the lowest priced 3 Bedroom apartment unit in Waterloo, ON is the 3 Beds, 1.5 baths Model starting from $695 at University Place - 50 University Ave E in the Waterloo North East neighborhood. The second most affordable Waterloo 3 Bedroom is the 3 Beds, 1.5 baths Model at 80 Churchill St starting at $2,095 in the Kitchener South West neighborhood. The average price for all 3 Bedroom apartments in Waterloo is currently $2,664. Here is today’s list of the cheapest available 3 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
University Place - 50 University Ave E3 Beds, 1.5 baths$695
80 Churchill St3 Beds, 1.5 baths$2,095
Richmond Square3 Bedrooms, 1 Bathroom$2,275
Waterloo Heights Apartments & TownhomesTownhome - Three Bedroom$2,340
The ShanleyPavillion.1$2,600
Avenue Apartments3 Bedroom, 1 Bathroom$2,645
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)$2,650
Beechwood Apartments3 Beds, 3 baths$3,400

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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

What is the Cheapest apartment in Waterloo with 3 Bedroom?

Currently the most affordable 3 Bedroom in Waterloo is at University Place - 50 University Ave E listed at $695.

How much is the average rent for a 3 Bedroom Waterloo Apartment?

The average rent for a 3 Bedroom Apartment in Waterloo is $2,664.

What is the largest available 3 Bedroom Waterloo Apartment for rent?

Today's apartment with the most square footage in Waterloo is a 2,500 square feet unit starting from $3,400 at Beechwood Apartments.

What is the average size for Waterloo 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Waterloo is currently 1,100 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

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