3 Bedroom Apartments for Rent in Waterloo, ON (216 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 212 Allen St E

$2,300

3 Bedroom Rentals

Available Jul 15

212 Allen St E

WaterlooONN2J 1K1

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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property at 280 Lester St

$3,200

3 Bedroom Rentals

Available Jul 1

280 Lester St

WaterlooONN2L 0G2

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.

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Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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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.

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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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Showing Results 1-50, Page 1 of 5

Waterloo, ON Local Guide

Waterloo 3 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: June 22, 2026

There are currently 21 available 3 Bedroom apartment units in Waterloo, ON neighborhoods that range in price from $795 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$2,340$795
Waterloo North West5$2,340$2,150
Waterloo University5$2,340$2,335
Waterloo North East4$2,267$795

Largest Available Waterloo 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Waterloo, ON is found at Beacon Tower in the Kitchener South West neighborhood and is 1,500 square feet priced from $2,450. 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
Beacon TowerThree Bedroom1,500 Sq Ft$2,450
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)1,500 Sq Ft$2,650
130 & 140 Lincoln Road1,315 Sq Ft$2,199
Waterloo Heights Apartments & TownhomesTownhome - Three Bedroom1,300 Sq Ft$2,340
University Place - 50 University Ave E3 Beds, 1.5 baths1,100 Sq Ft$795
265 Lawrence Avenue Townhomes3 Beds, 1 Baths1,060 Sq Ft$2,305
Richmond Square3 Bedroom(s), and 2 Bathroom1,000 Sq Ft$2,340
Avenue Apartments3 Bedroom, 1 Bathroom966 Sq Ft$2,335
105 Golden Eagle RdTownhouse950 Sq Ft$2,150

Cheapest Available Waterloo 3 Bedroom Apartments

As of June 22, 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 Townhouse Model at 105 Golden Eagle Rd starting at $2,150 in the Waterloo North West neighborhood. The average price for all 3 Bedroom apartments in Waterloo is currently $2,546. 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$795
105 Golden Eagle RdTownhouse$2,150
265 Lawrence Avenue Townhomes3 Beds, 1 Baths$2,305
Avenue Apartments3 Bedroom, 1 Bathroom$2,335
Richmond Square3 Bedroom(s), and 2 Bathroom$2,340
Waterloo Heights Apartments & TownhomesTownhome - Three Bedroom$2,340
Beacon TowerThree Bedroom$2,450
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)$2,650

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.

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Remember the 3 Rules of Real Estate:
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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 $795.

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

The average rent for a 3 Bedroom Apartment in Waterloo is $2,546.

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

Today's apartment with the most square footage in Waterloo is a 1,500 square feet unit starting from $2,450 at Beacon Tower.

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.