32 Noecker St
WaterlooONN2J 2R4
Cheap Apartments for Rent in the Waterloo North East Neighborhood of Waterloo, ON from $575 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterloo North East area of Waterloo.
36 Columbia St W
WaterlooONN2L 3K5
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$695
Total Monthly Price
Base Rent$695
Total Monthly Price$695
University Place - 50 University Ave E
50 University Ave EWaterloo, ON N2J 2V9
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$750 - $3,6203 to 6 Bedroom Apartments Available Now
King Street Towers
333-339 King St NWaterloo, ON N2J 0C5
261-261 Lester St
WaterlooONN2L 3W6
251-251 Lester St
WaterlooONN2L 3W6
253-253 Lester St
WaterlooONN2L 3W6
261 Lester St
WaterlooONN2L 3W6
50 University Ave E
WaterlooONN2J 2V8
253 Lester St
WaterlooONN2L 3W6
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
392 Albert St
WaterlooONN2L 3V1
251 Lester St
WaterlooONN2L 3W6
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$1,060 - $5,6505 Bedroom Apartments Available Soon
MyRez on Lester
181 Lester StWaterloo, ON N2L 3W3
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$1,1505 Bedroom Apartments Available Now
Preston House
315 King St NWaterloo, ON N2J 2Z1
275 Larch St
WaterlooONN2L 0J5
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Rent Specials
$1,409 - $2,9771 to 2 Bedroom Apartments Available Now
The HUB GEOWAVE
130 Columbia St WWaterloo, ON N2L 3V2
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$1,409 - $2,3401 to 2 Bedroom Apartments Available Now
The HUB - 365 Albert
365 Albert StWaterloo, ON N2L 3V2
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Rent Specials
$1,468 - $1,9711 Bedroom Apartments Available Now
THE LINQ
258 Lester StWaterloo, ON N2L 0K3
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Rent Specials
$1,475 - $2,673Studio to 3 Bedroom Apartments Available Now
Avenue Apartments
137 University Ave WWaterloo, ON N2L 3E5
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$590 - $7754 to 5 Bedroom Apartments
143 Columbia
143 Columbia St WWaterloo, ON N2L 3L2
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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$599 - $6111 Bedroom Apartments
Walnut Village Inc.
202 Lester StWaterloo, ON N2L 3W4
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$617 - $8781 to 5 Bedroom Apartments
Spring Village
208 Sunview StWaterloo, ON N2L 3V6
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$675 - $725Studio Apartments
308 Hawthorn St
308 Hawthorn StWaterloo, ON N2L 3N4
392 Albert St, Unit 304
392 Albert St
WaterlooONN2L 3V1
392 Albert St, Unit 304
392 Albert St
WaterlooONN2L 3V1
38 High St
WaterlooONN2L 3X8
38 High St
WaterlooONN2L 3X8
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$750Studio to 1 Bedroom Apartments
261 Lester St
261 Lester StWaterloo, ON N2L 3W6
271 Lester St
WaterlooONN2L 3W6
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$785 - $9875 Bedroom Apartments
Linden Village Inc.
203 Lester StWaterloo, ON N2L 0B5
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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$795Studio Apartments
253 Lester St
253 Lester StWaterloo, ON N2L 3W6
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
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$8951 to 2 Bedroom Apartments
251 Lester St
251 Lester StWaterloo, ON N2L 3W6
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$9601 Bedroom Apartments
159 University Ave E
159 University Ave EWaterloo, ON N2J 3S6
288 Albert St
WaterlooONN2L 0G9
288 Albert St
WaterlooONN2L 0G9
330 Phillip St, Unit 219
330 Phillip St
WaterlooONN2L 3W9
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
330 Phillip St, Unit 219
330 Phillip St
WaterlooONN2L 3W9
275 Larch St, Unit A207
275 Larch St
WaterlooONN2L 0J5
330 Phillip St
WaterlooONN2L 3W9
330 Phillip St
WaterlooONN2L 3W9
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$1,150 - $2,1001 to 2 Bedroom Apartments
311 Batavia Pl
311 Batavia PlWaterloo, ON N2L 3W1
275 Larch St, Unit A207
275 Larch St
WaterlooONN2L 0J5
62 Balsam St, Unit H201
62 Balsam St
WaterlooONN2L 3J3
62 Balsam St, Unit H201
62 Balsam St
WaterlooONN2L 3J3
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$1,299Studio Apartments
67 Milford Ave
67 Milford AveWaterloo, ON N2L 3Z4
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$1,349 - $1,5491 to 2 Bedroom Apartments
Uptown Apartments
154 Erb St EWaterloo, ON N2J 1M4
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Showing Results 1-50, Page 1 of 2
Waterloo North East, Waterloo, ON Local Guide
How much does it cost to rent an apartment in Waterloo North East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo North East Studio Apartments | $1,475 | $1,475 | $1,475 |
| Waterloo North East 1 Bedroom Apartments | $1,729 | $750 | $2,659 |
| Waterloo North East 2 Bedroom Apartments | $1,988 | $1,140 | $2,767 |
| Waterloo North East 3 Bedroom Apartments | $2,026 | $695 | $2,673 |
| Waterloo North East 4 Bedroom Apartments | $1,075 | $645 | $3,620 |
| Waterloo North East 5 Bedroom Apartments | $1,478 | $575 | $5,650 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 2 mile radius of the Waterloo North East Neighborhood of Waterloo, ON.
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Cheapest Available Waterloo North East Apartments for Rent
The cheapest available apartment rental in the Waterloo North East area of Waterloo, ON is a 4 Beds unit found at 143 Columbia priced from $590. Walnut Village Inc. has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here are the most affordable Waterloo North East apartments for rent in Waterloo, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 143 Columbia | LpSt2 | 4BR,2BA | $590 |
| Walnut Village Inc. | 1 Bedroom Shared Accommodation | 1BR,1BA | $599 |
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $695 |
| King Street Towers | 6 Bedroom/ 5 Bath Tower 2 | 6BR,5BA | $750 |
| Fergus House | 4 Bedroom 4 Bathroom | 4BR,4BA | $799 |
| Hespeler House | 4 Bedroom 4 Bathroom | 4BR,4BA | $799 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1,150 |
| 67 Milford Ave | One Bedroom | Studio,1BA | $1,299 |
| 255 Sunview St | 1 Bedroom plus Den | 1BR,1BA | $1,414 |
| 250 Lester St | 2 Bedroom plus Den | 2BR,1BA | $1,449 |
Best Value Apartments for Rent in Waterloo North East, ON
As of September 12, 2026 the best value apartment in the Waterloo North East area is the $0.80 price per square foot 5 Bedroom/ 5 Bath Tower 2 Model at King Street Towers in the in the Waterloo North East neighborhood starting from $1,100. The second greatest value Waterloo North East apartment is the 2 Bedroom Model at The HUB - 365 Albert starting at $1,807 with a $1.63 price per square foot in the Waterloo North East neighborhood. Here is today’s list of the best values for Waterloo North East apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| King Street Towers | 5 Bedroom/ 5 Bath Tower 2 | 5BR,5BA | $0.80 |
| The HUB - 365 Albert | 2 Bedroom | 2BR,2BA | $1.63 |
| The HUB GEOWAVE | 2 Bedroom | 2BR,2BA | $1.63 |
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.63 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1.14 |
| Bridgeport House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.70 |
| Fergus House | 4 Bedroom 4 Bathroom | 4BR,4BA | $0.81 |
| Hespeler House | 4 Bedroom 4 Bathroom | 4BR,4BA | $0.87 |
| 250 Lester St | 2 Bedroom plus Den | 2BR,1.5BA | $1.65 |
| 255 Sunview St | 1 Bedroom plus Den | 1BR,1BA | $1.84 |
Frequently Asked Questions about Cheap Waterloo North East Apartments
What is the price of a cheap apartment in Waterloo North East?
The cheapest apartment in Waterloo North East is Walnut Village Inc. which is listed at $599, while the average apartment in Waterloo North East costs $1,725.
What types of apartments are the cheapest in Waterloo North East?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 49 regular apartments in Waterloo North East that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Waterloo North East?
Cheap apartments in Waterloo North East have an average cost of $1,117 which is $608 cheaper than the average rent for all rentals in Waterloo North East.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.
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.
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.