32 Noecker St
WaterlooONN2J 2R4
Cheap Apartments for Rent in the Waterloo North East Neighborhood of Waterloo, ON from $500 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterloo North East area of Waterloo.
36 Columbia St W
WaterlooON
253-253 Lester St
WaterlooONN2L 3W6
close
View Me
Rent Specials
$750 - $5,7404 to 6 Bedroom Apartments Available Sep 3
King Street Towers
333-339 King St NWaterloo, ON N2J 0C5
271-271 Lester St
WaterlooONN2L 3W6
261 Lester St
WaterlooONN2L 3W6
251-251 Lester St
WaterlooON
50 University Ave E
WaterlooONN2J 2V8
close
View Me
$795 - $820
Total Monthly Price
3 to 6 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$795 - $820
Total Monthly Price
$795 - $820
University Place - 50 University Ave E
50 University Ave EWaterloo, ON N2J 2V9
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
86 University Av W
WaterlooONN2L 3C8
close
View Me
$1,0005 Bedroom Apartment Available Sep 1
295 Lester St
295 Lester StWaterloo, ON N2L 0C1
close
View Me
Rent Specials
$1,060 - $5,6505 Bedroom Apartments Contact Us For Availability
MyRez on Lester
181 Lester StWaterloo, ON N2L 3W3
close
View Me
Rent Specials
$1,1505 Bedroom Apartments Available Sep 2
Preston House
315 King St NWaterloo, ON N2J 2Z1
close
View Me
Rent Specials
$1,394 - $2,3141 to 2 Bedroom Apartments Available Now
The HUB - 365 Albert
365 Albert StWaterloo, ON N2L 3V2
close
View Me
Rent Specials
$1,430 - $2,9771 to 2 Bedroom Apartments Available Now
The HUB GEOWAVE
130 Columbia St WWaterloo, ON N2L 3V2
close
View Me
Rent Specials
$1,452 - $1,9491 Bedroom Apartments Available Now
THE LINQ
258 Lester StWaterloo, ON N2L 0K3
close
View Me
$1,475 - $2,425Studio to 3 Bedroom Apartments Available Now
Avenue Apartments
137 University Ave WWaterloo, ON N2L 3E5
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.
close
View Me
Rent Specials
$1,590 - $1,8661 to 2 Bedroom Apartments Available Now
20 University Inc.
20 University Av EWaterloo, ON N2J 2V7
close
View Me
$583 - $7754 to 5 Bedroom Apartments
143 Columbia
143 Columbia St WWaterloo, ON N2L 3L2
158 King St N
WaterlooONN2J 0E5
close
View Me
$611 - $8681 to 2 Bedroom Apartments
Spring Village
208 Sunview StWaterloo, ON N2L 3V6
close
View Me
$675 - $725Studio Apartments
308 Hawthorn St
308 Hawthorn StWaterloo, ON N2L 3N4
166 Elgin Crescent
WaterlooONN2J 2S6
365 Dale Crescent
WaterlooONN2J 3Y6
close
View Me
$750Studio to 1 Bedroom Apartments
261 Lester St
261 Lester StWaterloo, ON N2L 3W6
261-261 Lester St
WaterlooONN2L 3W6
271 Lester St
WaterlooONN2L 3W6
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.
121 University Ave E
WaterlooONN2J 2W1
close
View Me
$785 - $9875 Bedroom Apartments
Linden Village Inc.
203 Lester StWaterloo, ON N2L 0B5
close
View Me
$795Studio Apartments
253 Lester St
253 Lester StWaterloo, ON N2L 3W6
275 Larch St
WaterlooON
275 Larch St, Unit 401H
275 Larch St
WaterlooONN2L 3R2
258B Sunview St
WaterlooON
16 Marshall St
WaterlooON
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooON
16 Marshall St
WaterlooON
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.
close
View Me
$8501 Bedroom Apartments
Walnut Village Inc.
202 Lester StWaterloo, ON N2L 3W4
close
View Me
$8951 to 2 Bedroom Apartments
251 Lester St
251 Lester StWaterloo, ON N2L 3W6
29 Marshall St
WaterlooONN2J 2T3
392 Albert St
WaterlooON
29 Marshall St
WaterlooON
close
View Me
$9601 Bedroom Apartments
159 University Ave E
159 University Ave EWaterloo, ON N2J 3S6
288 Albert St, Unit 016C
288 Albert St
WaterlooONN2L 0G9
288 Albert St
WaterlooONN2L 0G9
330 Phillip St
WaterlooON
close
View Me
$1,150 - $2,1001 to 2 Bedroom Apartments
311 Batavia Pl
311 Batavia PlWaterloo, ON N2L 3W1
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 | $1,731 | $750 | $2,320 |
| Waterloo North East 2 Bedroom Apartments | $2,082 | $1,140 | $3,850 |
| Waterloo North East 3 Bedroom Apartments | $2,362 | $795 | $3,850 |
| Waterloo North East 4 Bedroom Apartments | $1,397 | $750 | $3,620 |
| Waterloo North East 5 Bedroom Apartments | $2,189 | $595 | $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 72 rentals with your search options within a 2 mile radius of the Waterloo North East Neighborhood of Waterloo, ON.
See all Apartments in WaterlooExplore Waterloo
Let everyone know!
Do you know the Waterloo North East area?
If you’re an expert on all things Waterloo North East, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $583. Spring Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $611. 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 | $583 |
| Spring Village | 1 Bedroom Shared Accommodation | 1BR,1BA | $611 |
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $795 |
| THE LINQ | 1 Bedroom plus Dining | 1BR,1BA | $1,452 |
| Avenue Apartments | Studio, 1 Bathroom | Studio,1BA | $1,475 |
| 228 Albert St | 1 Bedroom plus Dining | 1BR,1BA | $1,495 |
| 605 Davenport Road | One bedroom with one bathroom | 1BR,1BA | $1,497 |
| 246 Albert St | 1 Bedroom plus Dining | 1BR,1BA | $1,510 |
| 20 University Inc. | Signature-2 | 2BR,2BA | $1,590 |
| 275 Larch St | 498 | 1BR,1BA | $1,625 |
Best Value Apartments for Rent in Waterloo North East, ON
As of July 29, 2026 the best value apartment in the Waterloo North East area is the $0.72 price per square foot 3 Beds, 1.5 baths Model at University Place - 50 University Ave E in the in the Waterloo North East neighborhood starting from $795. The second greatest value Waterloo North East apartment is the 1 Bedroom plus Den Model at The HUB - 365 Albert starting at $1,707 with a $1.85 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. |
|---|---|---|---|
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.72 |
| The HUB - 365 Albert | 1 Bedroom plus Den | 1BR,1BA | $1.85 |
| The HUB GEOWAVE | 1 Bedroom plus Den | 1BR,1BA | $2.08 |
| 512 Albert St | 2 Bedroom | 2BR,1BA | $1.99 |
| Richmond Square | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.08 |
| Northfield Gardens | Two Bedroom + Two Bath | 2BR,2BA | $2.27 |
| THE LINQ | 1 Bedroom plus Den | 1BR,1BA | $2.18 |
| 131 University | 1 Bedroom plus Den | 1BR,1BA | $2.15 |
| 20 University Inc. | Clubhouse | 2BR,1BA | $2.36 |
| 605 Davenport Road | One bedroom with one bathroom | 1BR,1BA | $2.26 |
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 Spring Village which is listed at $611, while the average apartment in Waterloo North East costs $2,337.
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 23 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 $1,201 which is $1,136 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.
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.