
Apartments for Rent in Waterloo, ON Under $1,500 (135 Rentals)


Beechwood Apartments

MyRez on Lester

295 Lester St

308 King

Total Monthly Price
86 University Av W

Hespeler House

Total Monthly Price
University Place - 50 University Ave E

King Street Towers
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.

Bridgeport House

Total Monthly Price
325 Spruce Street

32 Noecker St

843 Brandenburg Blvd

843 Brandenburg Blvd

257 Hemlock St

257 Hemlock St

175 Wissler Rd

113 Cornerbrook Crescent

113 Cornerbrook Crescent
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.

257 Hemlock St

257 Hemlock St

Sage X

262 Sweet Gale St

275 Larch St

275 Larch St

608 Woolgrass Ave

608 Woolgrass Ave

124 King St N

124 King St N
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.

110 University Ave W

288 Albert St

288 Albert St

392 Albert St

392 Albert St

166 Elgin Crescent

166 Elgin Crescent

303 Westcourt Pl

16 Marshall St

16 Marshall St

16 Marshall St

16 Marshall St

253-253 Lester St

50 University Ave E

253 Lester St

392 Albert St

251 Lester St

251-251 Lester St

Linden Village Inc.

261 Lester St
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 Under $1500 | $1,427 | $1,300 | $1,545 |
| Waterloo 1 Bedroom Apartments Under $1500 | $1,978 | $575 | $5,180 |
| Waterloo 2 Bedroom Apartments Under $1500 | $2,147 | $995 | $5,665 |
| Waterloo 3 Bedroom Apartments Under $1500 | $2,489 | $795 | $6,105 |
| Waterloo 4 Bedroom Apartments Under $1500 | $1,317 | $750 | $3,620 |
| Waterloo 5 Bedroom Apartments | $1,831 | $500 | $5,650 |
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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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How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterloo, ON Rentals by Map
See the most popular apartments and homes in Waterloo, ON
Frequently Asked Questions about Waterloo
How much are Studio apartments in Waterloo?
There are currently 203 Studio Apartments in Waterloo with rent ranges from $1,300 to $1,545 with an average price of $1,427.
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 $575 to $5,180 with an average monthly rent of $1,978.
What does renting a Two Bedroom Apartment in Waterloo cost?
The monthly rent prices of Two Bedroom Apartments currently available in Waterloo range from $995 to $5,665. Today's average rental price for Two Bedrooms here is $2,147.
How expensive are Waterloo Three Bedroom Apartments?
There are currently 94 Three Bedroom Apartments listings available in Waterloo on ApartmentHomeLiving.com. The pricing ranges from $795 to $6,105 - averaging $2,489 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

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.

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.

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
