
Cheap Homes for Rent in Waterloo North East Neighborhood of Waterloo, ON from $700 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterloo North East area of Waterloo.


58 Bridgeport Rd E

271 Lester St

253 Lester St

261 Lester 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.

251 Lester St

288 Albert St

275 Larch St

779 Angler Way

275F Larch St
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.

45 Bond St

324 Maple Ave

212 Allen St E

406 Tamarack Dr

275 Larch St
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.

318 Spruce St
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 | $2,036 | $1,600 | $3,000 |
| Waterloo North East 3 Bedroom Homes for Rent | $2,713 | $1,850 | $3,300 |
| Waterloo North East 4 Bedroom Homes for Rent | $2,999 | $2,900 | $3,100 |
| Waterloo North East 5 Bedroom Homes for Rent | $2,725 | $950 | $4,500 |
| Waterloo North East 6 Bedroom Homes for Rent | $725 | $725 | $725 |
Browse Homes for Rent in this Neighborhood
There are currently 16 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 1 Bed unit found at Spring Village priced from $785. 185 King St N has the second lowest priced unit, which is a 5 Beds apartment currently listed from $949. Here are the most affordable Waterloo North East apartments for rent in Waterloo, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spring Village | 1 Bedroom Shared Accommodation | 1BR,1BA | $785 |
| 185 King St N | 5 Beds, 5 baths | 5BR,5BA | $949 |
| Avenue Apartments | 0 Bedroom, 1 Bathroom | Studio,1BA | $1,425 |
| Davenport Apartments | 1 Bedroom | 1BR,1BA | $1,497 |
| Northfield Gardens | Two Bedroom + Two Bath | 2BR,2BA | $1,630 |
Best Value Apartments for Rent in Waterloo North East, ON
As of December 19, 2025 the best value apartment in the Waterloo North East area is the $2.65 price per square foot 2 Bed Balcony Model at 437 Hazel St in the in the Waterloo North East neighborhood starting from $2,250. The second greatest value Waterloo North East apartment is the Two Bedroom Model at Northfield Gardens starting at $1,670 with a $2.07 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. |
|---|---|---|---|
| 437 Hazel St | 2 Bed Balcony | 2BR,1BA | $2.65 |
| Northfield Gardens | Two Bedroom | 2BR,1BA | $2.07 |
| 434 Hazel St | One Bedroom | 1BR,1BA | $2.09 |
| 163 Macgregor Cres | 2 Bed | 2BR,1BA | $2.75 |
| Sugarbush Gardens | First Floor | 2BR,1BA | $2.47 |
| 275 Larch St | 770 | 2BR,2BA | $2.72 |
| THE LINQ | 1 Bedroom plus Den | 1BR,1BA | $2.80 |
| Davenport Apartments | 1 Bedroom | 1BR,1BA | $2.26 |
| 130 & 140 Lincoln Road | One Bedroom Apartment | 1BR,1BA | $2.68 |
| Avenue Apartments | 0 Bedroom, 1 Bathroom | Studio ,1BA | $2.88 |
Frequently Asked Questions about Waterloo North East
What type of rentals are currently available in Waterloo North East?
There are currently 278 Apartments for Rent in Waterloo North East, ON with pricing that ranges from $750 to $3,719. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North East ranging from $725 to $4,500.
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 $725 to $4,500 with an average monthly rent of $2,080.
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 $1,200 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $1,060.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.