Cheap Homes for Rent in Waterloo North East Neighborhood of Waterloo, ON from C$600 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Waterloo North East area of Waterloo.

property at 271 Lester St

271 Lester St

WaterlooONN2L 3W6
property at 253 Lester St

253 Lester St

WaterlooONN2L 3W6
property at 251 Lester St

251 Lester St

WaterlooONN2L 3W6

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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 5 Beds unit found at The MARQ Waterloo at 345 King Street North priced from C$599. 261 Lester St has the second lowest priced unit, which is a Studio apartment currently listed from C$750. Here are the most affordable Waterloo North East apartments for rent in Waterloo, ON:

Apartment ListingModel NameBed/BathPriced From
The MARQ Waterloo at 345 King Street North1 Room in a 5 Bedroom Immediate (12 Months)5BR,2BAC$599
261 Lester St0 Beds, 2 BathsStudio,2BAC$750
Spring Village1 Bedroom Shared Accommodation1BR,1BAC$785
King Street Towers - Student Living4 Bedroom/ 3 Bath4BR,3BAC$830
The Marq1 Room in a 4 Bedroom Immedaite (12 Months)4BR,2BAC$925

Best Value Apartments for Rent in Waterloo North East, ON

As of September 17, 2025 the best value apartment in the Waterloo North East area is the C$0.81 price per square foot 5 Bedroom, 2.5 Bath Model at MyRez On Lester - Student Living in the in the Waterloo North East neighborhood starting from C$1,225. The second greatest value Waterloo North East apartment is the 295 Lester St Model at 295 Lester St starting at C$900 with a C$0.64 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 ListingModel NameBed/BathPrice Per Sq.Ft.
MyRez On Lester - Student Living5 Bedroom, 2.5 Bath5BR,2.5BAC$0.81
295 Lester St295 Lester St5BR,5BAC$0.64
Preston House - Student Living5 Bedroom, 5 Bath5BR,5BAC$1.27
Bridgeport House - Student Living5 Bedroom, 5 Bath5BR,5BAC$1.22
The MARQ Waterloo at 345 King Street North1 Room in a 5 Bedroom SEPT. (12 Months)5BR,2BAC$0.85
Fergus House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1.37
130 & 140 Lincoln RoadTwo Bedroom Apartment2BR,1BAC$1.99
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1.46
The Marq1 Room in a 4 Bedroom Immedaite (12 Months)4BR,2BAC$1.01
Northfield GardensTwo Bedroom + Two Bath2BR,2BAC$2.22

Frequently Asked Questions about Waterloo North East

What type of rentals are currently available in Waterloo North East?

There are currently 275 Apartments for Rent in Waterloo North East, ON with pricing that ranges from C$750 to C$6,450. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North East ranging from C$600 to C$5,500.

What is the current price range for Rental Homes in Waterloo North East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterloo North East ranges from C$600 to C$5,500 with an average monthly rent of C$2,254.

How much are larger Three and Four Bedroom Rentals in Waterloo North East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterloo North East range from C$2,050 to C$4,365, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,750 to C$4,500. Four Bedroom Single-Family rentals are also available starting from C$2,600 and Four Bedroom Apartments start at C$830.

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.

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