5 Bedroom Apartments for Rent in Waterloo, ON (44 Rentals)

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Linden Village
5 Bedroom Apartments

Linden Village

203 Lester StWaterloo, ON N2L 0B5
Student Housing
  • Utilities Included
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392 Albert St
5 Bedroom Apartments

392 Albert St

392 Albert StWaterloo, ON N2L 3V1
Student Housing
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The MARQ
5 Bedroom Apartments

The MARQ

1 Columbia St WWaterloo, ON N2L 3K2
Student Housing
  • Utilities Included
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195 Erb St W
5 Bedroom Apartments

195 Erb St W

195 Erb St WWaterloo, ON N2L 1V6
Student Housing
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32 University Ave E
5 Bedroom Apartments

32 University Ave E

32 University Ave EWaterloo, ON N2J 2V8
Student Housing
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Lily's Place
5 Bedroom Apartments

Lily's Place

191 Erb St WWaterloo, ON N2L 1V6

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.

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321 Lester St
5 Bedroom Apartments

321 Lester St

321 Lester StWaterloo, ON N2L 3W6
Furnished
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345 Spruce St
5 Bedroom Apartments

345 Spruce St

345 Spruce StWaterloo, ON N2L 3M5
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319 Erb St W
5 Bedroom Apartments

319 Erb St W

319 Erb St WWaterloo, ON N2L 1W4
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81 Columbia St W
5 Bedroom Apartments

81 Columbia St W

81 Columbia St WWaterloo, ON N2L 3K7
Student Housing
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52 Ezra Ave
5 Bedroom Apartments

52 Ezra Ave

52 Ezra AveWaterloo, ON N2J 0B6
Student Housing
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15 Fir St
5 Bedroom Apartments

15 Fir St

15 Fir StWaterloo, ON N2L 3H4

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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26 Columbia St W
5 Bedroom Apartments

26 Columbia St W

26 Columbia St WWaterloo, ON N2L 3K3
Student Housing
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55 Columbia St W
5 Bedroom Apartments

55 Columbia St W

55 Columbia St WWaterloo, ON N2L 3Y4
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60 Marshall St
5 Bedroom Apartments

60 Marshall St

60 Marshall StWaterloo, ON N2J 2T4
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341 Lester St
5 Bedroom Apartments

341 Lester St

341 Lester StWaterloo, ON N2L 3W6
Student Housing
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39-41 Columbia St W
5 Bedroom Apartments

39-41 Columbia St W

39-41 Columbia St WWaterloo, ON N2L 3K4
Student Housing
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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347 Spruce St
5 Bedroom Apartments

347 Spruce St

347 Spruce StWaterloo, ON N2L 3M6
Student Housing
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  • Smoke Free
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52 Noecker St
5 Bedroom Apartments

52 Noecker St

52 Noecker StWaterloo, ON N2J 2R4
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59-61 Columbia St W
5 Bedroom Apartments

59-61 Columbia St W

59-61 Columbia St WWaterloo, ON N2L 3K4
Student Housing
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17 Fir St
5 Bedroom Apartments

17 Fir St

17 Fir StWaterloo, ON N2L 3H4
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5 Cardill Cres
5 Bedroom Apartments

5 Cardill Cres

5 Cardill CresWaterloo, ON N2L 3Y7
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35-37 Columbia St W
5 Bedroom Apartments

35-37 Columbia St W

35-37 Columbia St WWaterloo, ON N2L 3K4
Student Housing
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172 Regina St N
5 Bedroom Apartments

172 Regina St N

172 Regina St NWaterloo, ON N2J 3B3
Student Housing

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.

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10 Young St E
5 Bedroom Apartments

10 Young St E

10 Young St EWaterloo, ON N2J 2L3
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45 Columbia St W
5 Bedroom Apartments

45 Columbia St W

45 Columbia St WWaterloo, ON N2L 3K4
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271 Lester St
5 Bedroom Apartments

271 Lester St

271 Lester StWaterloo, ON N2L 3W6
Student Housing
  • Smoke Free
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260 Regina St N
5 Bedroom Apartments

260 Regina St N

260 Regina St NWaterloo, ON N2J 3B7
Student Housing
  • Utilities Included
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The Marq
5 Bedroom Apartments

The Marq

167 King St NWaterloo, ON N2J 0B6
Student Housing
  • Utilities Included
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The Marq
5 Bedroom Apartments

The Marq

168 King St NWaterloo, ON N2J 0B6
Student Housing
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67-71 Blucher St
5 Bedroom Apartments

67-71 Blucher St

67-71 Blucher StKitchener, ON N2H 5T9

Waterloo, ON Local Guide

Largest Available Waterloo 5 Bedroom Apartments

The largest available 5 Bedroom apartment unit in Waterloo, ON is found at MyRez On Lester - Student Living in the Waterloo North East neighborhood and is 1,763 square feet priced from C$1,290. The Marq has the second largest 5 Bedroom, which is sized at 1,509 square feet and currently listed start at C$1. Here is today’s list of the largest available 5 Bedroom units in Waterloo:

Apartment ListingModel NameSquare FootagePriced From
MyRez On Lester - Student Living5 Bedroom, 4 Bath1,763 Sq FtC$1,290
The Marq1 Room in a 5 Bedroom (Immedaite)1,509 Sq FtCall for Rates
King Street Towers - Student Living5 Bedroom/ 5 Bath Tower 21,375 Sq FtC$1,195
Preston House - Student Living5 Bedroom, 5 Bath1,007 Sq FtC$1,280
The MARQ1 Room in a 5 Bedroom1,000 Sq FtCall for Rates
The MARQ Waterloo at 345 King Street North1 Room in a 5 Bedroom Immediate (12 Months)1,000 Sq FtC$599

Cheapest Available Waterloo 5 Bedroom Apartments

As of September 08, 2025 the lowest priced 5 Bedroom apartment unit in Waterloo, ON is the 1 Room in a 5 Bedroom Immediate (12 Months) Model starting from C$599 at The MARQ Waterloo at 345 King Street North in the Waterloo North East neighborhood. The second most affordable Waterloo 5 Bedroom is the 5 Bedroom/ 5 Bath Tower 2 Model at King Street Towers - Student Living starting at C$1,195 . The average price for all 5 Bedroom apartments in Waterloo is currently C$3,485. Here is today’s list of the cheapest available 5 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
The MARQ Waterloo at 345 King Street North1 Room in a 5 Bedroom Immediate (12 Months)C$599
King Street Towers - Student Living5 Bedroom/ 5 Bath Tower 2C$1,195
MyRez On Lester - Student Living5 Bedroom, 2.5 BathC$1,225
Preston House - Student Living5 Bedroom, 5 BathC$1,280

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

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Frequently Asked Questions about Waterloo

What is the current price range for One Bedroom Waterloo Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Waterloo ranges from C$575 to C$2,949 with an average monthly rent of C$2,004.

What does renting a Two Bedroom Apartment in Waterloo cost?

The monthly rent prices of Two Bedroom Apartments currently available in Waterloo range from C$1,350 to C$4,505. Today's average rental price for Two Bedrooms here is C$2,323.

How expensive are Waterloo Three Bedroom Apartments?

There are currently 92 Three Bedroom Apartments listings available in Waterloo on ApartmentHomeLiving.com. The pricing ranges from C$2,050 to C$4,365 - averaging C$3,211 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.