
Cheap Homes for Rent in Waterloo North East Neighborhood of Waterloo, ON from C$600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterloo North East area of Waterloo.


12 Bridgeport Rd E

58 Bridgeport Rd E

271 Lester St

253 Lester St

251 Lester St

288-288 Albert St
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.

28 Spring St W

257-257 Hemlock St

124 King St N

511-51511 Weber St N
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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.

69 Regina St N

251-251 Northfield Dr E

247-247 Northfield Dr E
Waterloo North East, Waterloo, ON Local Guide
How much does it cost to rent a home in Waterloo North East?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterloo North East 2 Bedroom Homes for Rent | C$2,267 | C$1,699 | C$3,400 |
Waterloo North East 3 Bedroom Homes for Rent | C$2,909 | C$1,750 | C$4,500 |
Waterloo North East 4 Bedroom Homes for Rent | C$3,016 | C$2,600 | C$3,450 |
Waterloo North East 5 Bedroom Homes for Rent | C$3,606 | C$950 | C$5,500 |
Waterloo North East 6 Bedroom Homes for Rent | C$725 | C$725 | C$725 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Waterloo North East Neighborhood of Waterloo, ON.
Explore Waterloo
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The MARQ Waterloo at 345 King Street North | 1 Room in a 5 Bedroom Immediate (12 Months) | 5BR,2BA | C$599 |
261 Lester St | 0 Beds, 2 Baths | Studio,2BA | C$750 |
Spring Village | 1 Bedroom Shared Accommodation | 1BR,1BA | C$785 |
King Street Towers - Student Living | 4 Bedroom/ 3 Bath | 4BR,3BA | C$830 |
The Marq | 1 Room in a 4 Bedroom Immedaite (12 Months) | 4BR,2BA | C$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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
MyRez On Lester - Student Living | 5 Bedroom, 2.5 Bath | 5BR,2.5BA | C$0.81 |
295 Lester St | 295 Lester St | 5BR,5BA | C$0.64 |
Preston House - Student Living | 5 Bedroom, 5 Bath | 5BR,5BA | C$1.27 |
Bridgeport House - Student Living | 5 Bedroom, 5 Bath | 5BR,5BA | C$1.22 |
The MARQ Waterloo at 345 King Street North | 1 Room in a 5 Bedroom SEPT. (12 Months) | 5BR,2BA | C$0.85 |
Fergus House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | C$1.37 |
130 & 140 Lincoln Road | Two Bedroom Apartment | 2BR,1BA | C$1.99 |
Hespeler House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | C$1.46 |
The Marq | 1 Room in a 4 Bedroom Immedaite (12 Months) | 4BR,2BA | C$1.01 |
Northfield Gardens | Two Bedroom + Two Bath | 2BR,2BA | C$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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.