5 Bedroom Apartments for Rent in Waterloo, ON (80 Rentals)

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property at 253-253 Lester St
$700 - $750
5 Bedroom Rentals
Available Now
Furnished

253-253 Lester St

WaterlooONN2L 3W6
property at 32 Noecker St
$575
5 Bedroom, 1.5 Bath Home for Rent
Available Now
Affordability

32 Noecker St

WaterlooONN2J 2R4

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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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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143 Columbia
$610 - $7755 Bedroom Apartments

143 Columbia

143 Columbia St WWaterloo, ON N2L 3L2
Furnished
  • Smoke Free
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Linden Village Inc.
$785 - $9875 Bedroom Apartments

Linden Village Inc.

203 Lester StWaterloo, ON N2L 0B5
Student Housing
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392 Albert St
$9955 Bedroom Apartments

392 Albert St

392 Albert StWaterloo, ON N2L 3V1
Student Housing

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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The MARQ
$1,1405 Bedroom Apartments

The MARQ

1 Columbia St WWaterloo, ON N2L 3K2
Student Housing
  • Utilities Included
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185 King St N
$929 - $1,1405 Bedroom Apartments

185 King St N

185 King St NWaterloo, ON N2J 0E1
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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110 Columbia St W
5 Bedroom Apartments

110 Columbia St W

110 Columbia St WWaterloo, ON
Student Housing
  • Smoke Free
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321 Lester St
5 Bedroom Apartments

321 Lester St

321 Lester StWaterloo, ON N2L 3W6
Furnished
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45 Columbia St W
5 Bedroom Apartments

45 Columbia St W

45 Columbia St WWaterloo, ON N2L 3K4
Student Housing
  • Smoke Free
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Spring Village
5 Bedroom Apartments

Spring Village

208 Sunview StWaterloo, ON N2L 3V6
Student Housing
  • Smoke Free

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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Waterloo, ON Local Guide

Largest Available Waterloo 5 Bedroom Apartments

The largest available 5 Bedroom apartment unit in Waterloo, ON is found at King Street Towers in the Waterloo North East neighborhood and is 1,375 square feet priced from $1,100. 32 Noecker St has the second largest 5 Bedroom, which is sized at 1,200 square feet and currently listed start at $3,000. Here is today’s list of the largest available 5 Bedroom units in Waterloo:

Apartment ListingModel NameSquare FootagePriced From
King Street Towers5 Bedroom/ 5 Bath Tower 21,375 Sq Ft$1,100
32 Noecker StWhole Suite1,200 Sq Ft$3,000
Preston House5 Bedroom, 5 Bath1,007 Sq Ft$1,150
The MARQ 21 Columbia Street West1 Room in a 5 Bedroom SEPT. 2026 (12 Months)1,000 Sq FtCall for Rates
143 ColumbiaMsSt2112 Sq Ft$610

Cheapest Available Waterloo 5 Bedroom Apartments

As of September 07, 2026 the lowest priced 5 Bedroom apartment unit in Waterloo, ON is the MsSt2 Model starting from $610 at 143 Columbia 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 starting at $1,100 . The average price for all 5 Bedroom apartments in Waterloo is currently $1,478. Here is today’s list of the cheapest available 5 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
143 ColumbiaMsSt2$610
King Street Towers5 Bedroom/ 5 Bath Tower 2$1,100
Preston House5 Bedroom, 5 Bath$1,150
32 Noecker StWhole Suite$3,000

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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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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

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Frequently Asked Questions about Waterloo

How much are Studio apartments in Waterloo?

There are currently 205 Studio Apartments in Waterloo with rent ranges from $1,200 to $1,545 with an average price of $1,420.

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 $750 to $5,180 with an average monthly rent of $1,750.

What does renting a Two Bedroom Apartment in Waterloo cost?

The monthly rent prices of Two Bedroom Apartments currently available in Waterloo range from $1,140 to $5,665. Today's average rental price for Two Bedrooms here is $2,056.

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 $695 to $6,105 - averaging $2,595 for the location.

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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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.

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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.

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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.

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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.