504-504 Lester St
WaterlooONN2L 3W6
Studio Apartments for Rent in Waterloo, ON (213 Rentals)
304-304 Lester St
WaterlooONN2L 3W6
202-202 Lester St
WaterlooONN2L 3W4
392 Albert St
WaterlooONN2L 3V1
253 Lester St
WaterlooONN2L 3W6
261 Lester St
WaterlooONN2L 3W6
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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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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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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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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 | C$943 | C$700 | C$1,435 |
| Waterloo 1 Bedroom Apartments | C$1,951 | C$850 | C$2,795 |
| Waterloo 2 Bedroom Apartments | C$2,353 | C$670 | C$4,505 |
| Waterloo 3 Bedroom Apartments | C$2,793 | C$670 | C$3,735 |
| Waterloo 4 Bedroom Apartments | C$2,607 | C$670 | C$4,500 |
| Waterloo 5 Bedroom Apartments | C$3,033 | C$575 | C$6,125 |
Browse Top Apartments in Waterloo
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Waterloo, ON Local Guide
- Waterloo Neighborhoods
- Nearby Cities
Waterloo Studio Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: June 03, 2025There are currently 19 available Studio apartment units in Waterloo, ON neighborhoods that range in price from C$700 to C$995. Heres is today's list of the top neighborhoods in Waterloo with the most available Studio apartments:
| Neighborhood | Available Units | Median Price | Min Price |
|---|---|---|---|
| Waterloo North East | 5 | C$747 | C$700 |
| Waterloo North West | 5 | C$747 | C$700 |
| Waterloo University | 5 | C$747 | C$700 |
| Waterloo Uptown | 4 | C$700 | C$700 |
Largest Available Waterloo Studio Apartments
The largest available Studio apartment unit in Waterloo, ON is found at Mooregate Apartments in the Kitchener South Central neighborhood and is 420 square feet priced from C$1,435. The Estates in the Kitchener Central neighborhood has the second largest Studio, which is sized at 350 square feet and currently listed start at C$1,425. Here is today’s list of the largest available Studio units in Waterloo:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Mooregate Apartments | 0 Bedroom(s) and 1 Bathroom(s) | 420 Sq Ft | C$1,435 |
| The Estates | Bachelor | 350 Sq Ft | C$1,425 |
| 253 Lester St | 0 Beds, 2 Baths | 100 Sq Ft | C$795 |
| 36 Talbot St | Bachelor | 0 Sq Ft | C$1,445 |
| NUVO | Studio | 0 Sq Ft | C$1,425 |
Cheapest Available Waterloo Studio Apartments
As of June 03, 2025 the lowest priced Studio apartment unit in Waterloo, ON is the 0 Beds, 2 Baths Model starting from C$795 at 253 Lester St in the Waterloo North East neighborhood. The second most affordable Waterloo Studio is the Bachelor Model at The Estates starting at C$1,425 in the Kitchener Central neighborhood. The average price for all Studio apartments in Waterloo is currently C$943. Here is today’s list of the cheapest available Studio options in Waterloo:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 253 Lester St | 0 Beds, 2 Baths | C$795 |
| The Estates | Bachelor | C$1,425 |
| NUVO | Studio | C$1,425 |
| Mooregate Apartments | 0 Bedroom(s) and 1 Bathroom(s) | C$1,435 |
| 36 Talbot St | Bachelor | C$1,445 |
Quick Rent Budget Calculator
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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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Frequently Asked Questions about Studio Waterloo Apartments
What is the Cheapest apartment in Waterloo with Studio?
Currently the most affordable Studio in Waterloo is at 253 Lester St listed at C$795.
How much is the average rent for a Studio Waterloo Apartment?
The average rent for a Studio Apartment in Waterloo is C$943.
What is the largest available Studio Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 420 square feet unit starting from C$1,435 at Mooregate Apartments.
What is the average size for Waterloo Studio Apartments for rent?
The average size for a Studio rental in Waterloo is currently 0 sq ft.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.