New Apartments for Rent in Waterloo, ON Under $3,200 (44 Rentals)

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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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The Carrick
$2,685 - $4,505Built in 20251 to 3 Bedroom Apartments

The Carrick

194 Erb St WWaterloo, ON N2L 0L6
Furnished
property at 253 Albert St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300
Total Monthly Price
$2,300

2 Bedroom, 2 Bath Condo for Rent

Available Now

253 Albert St

WaterlooONN2L 0G3
property at 321 Spruce St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

1 Bedroom, 1 Bath Condo for Rent

Available Now

321 Spruce St

WaterlooONN2L 0G4
property at 308 Lester St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available May 1

308 Lester St

WaterlooONN2L 0H9
property at 250 Keats Way

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600
Total Monthly Price
$600

1 Bedroom, 1 Bath Townhome for Rent

Available May 1

250 Keats Way

WaterlooONN2L 6J5
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Sage Six
$2,300 - $2,500Built in 2019Studio to 2 Bedroom Apartments

Sage Six

251 Hemlock StWaterloo, ON N2L 3R4
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250 Lester St
$2,176 - $3,402Built in 20161 to 2 Bedroom Apartments

250 Lester St

250 Lester StWaterloo, ON N2L 3W5
Furnished
  • Utilities Included
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The Bevel
$2,099 - $2,925Built in 20231 to 2 Bedroom Apartments

The Bevel

12 Merchant AvWaterloo, ON N2L 0E6
  • Utilities Included

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 Staves
$2,025 - $2,999Built in 20221 to 2 Bedroom Apartments

The Staves

17 Barrel Yards BlvdWaterloo, ON N2L 0E4
  • Utilities Included
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Stride on Union
$1,995 - $2,065Built in 20231 to 2 Bedroom Apartments

Stride on Union

24-30 Union St EWaterloo, ON N2J 1B7
  • Utilities Included
  • Smoke Free
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239 Albert St
$1,867 - $2,603Built in 20211 Bedroom Apartments

239 Albert St

239 Albert StWaterloo, ON N2L 0K5
Furnished
  • Utilities Included
  • Smoke Free
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228 Albert St
$1,830 - $3,435Built in 20161 to 2 Bedroom Apartments

228 Albert St

228 Albert StWaterloo, ON N2L 3T6
Furnished
  • Utilities Included
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The Cortes
$1,800 - $2,050Built in 20161 to 2 Bedroom Apartments

The Cortes

222 King St SWaterloo, ON N2J 1R3
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Sage Platinum
$1,700 - $1,900Built in 20181 Bedroom Apartments

Sage Platinum

250 Albert StWaterloo, ON N2L 3T6
Furnished
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Sage II
$1,700 - $2,300Built in 20161 to 2 Bedroom Apartments

Sage II

318 Spruce StWaterloo, ON N2L 0E9
Furnished
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Platinum II
$1,700 - $2,300Built in 20171 Bedroom Apartments

Platinum II

308 Lester StWaterloo, ON N2L 3W7
Furnished
  • Smoke Free
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255 Sunview St
$1,686 - $4,566Built in 20171 to 4 Bedroom Apartments

255 Sunview St

255 Sunview StWaterloo, ON N2L 3V8
Furnished
  • Utilities Included
  • Smoke Free
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311 Batavia Pl
$1,150 - $2,100Built in 20181 to 2 Bedroom Apartments

311 Batavia Pl

311 Batavia PlWaterloo, ON N2L 3W1
Student Housing
  • Utilities Included
  • 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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NUVO - 1442 Highland Road West
Rent Specials
$1,425 - $2,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,700
Total Monthly Price
$1,425 - $2,700
Built in 2024Studio to 3 Bedroom Apartments Available Now

NUVO - 1442 Highland Road West

1442 Highland Rd WKitchener, ON N2N 0C9
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
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The Bow
$1,859 - $2,780Built in 2022Studio to 2 Bedroom Apartments

The Bow

120 Benton StKitchener, ON N2G 0C7
  • Utilities Included
  • Smoke Free
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301 Westmount Rd W
$1,835 - $2,375Built in 2024Studio to 2 Bedroom Apartments

301 Westmount Rd W

301 Westmount Rd WKitchener, ON N2M 0C4
Student Housing
  • Utilities Included
  • Smoke Free

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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DTK Condos
$1,725 - $2,300Built in 2022Studio to 2 Bedroom Apartments

DTK Condos

60 Frederick StKitchener, ON N2H 0C7
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Ophelia
$1,685 - $1,949Built in 20221 to 2 Bedroom Apartments

Ophelia

242 Queen St SKitchener, ON N2G 0E7
  • Smoke Free
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100 Walter St
$1,525 - $1,900Built in 2018Studio to 2 Bedroom Apartments

100 Walter St

100 Walter StKitchener, ON N2G 1S3
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The Shanley
$1,425 - $2,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,900
Total Monthly Price
$1,425 - $2,900
Built in 2025Studio to 3 Bedroom Apartments

The Shanley

415 Duke St WKitchener, ON N2H 3Y5
Student Housing
  • Smoke Free
Showing Results 1-44, Page 1 of 1

Waterloo, ON Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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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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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Quick Rent Budget Calculator

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.

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

Explore Waterloo, ON Rentals by Map

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See the most popular apartments and homes in Waterloo, ON

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Frequently Asked Questions about New Waterloo Apartments

What is the Cheapest New apartment in Waterloo?

Currently the most affordable New Apartment in Waterloo is at Hespeler House - Student Living listed at $732.

How much is the average rent for a New Waterloo Apartment?

The average rent for a New Apartment in Waterloo is $2,200.

What is the largest New Waterloo Apartment for rent?

Today's New apartment with the most square footage in Waterloo is a 1,798 square feet unit starting from $1,745 at Civic 66.

What is the average size for Waterloo New Apartments for rent?

The average size for a New rental in Waterloo is currently at 597 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.