Cheap Homes for Rent in the Waterloo North East Neighborhood of Waterloo, ON from $700 (29 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

$750

5 Bedroom Rentals

Available Now

271 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 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 ListingModel NameBed/BathPriced From
143 ColumbiaLpSt24BR,2BA$590
Walnut Village Inc.1 Bedroom Shared Accommodation1BR,1BA$599
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$695
250 Lester St2 Bedroom plus Den2BR,1BA$1,449
THE LINQ1 Bedroom plus Dining1BR,1BA$1,468
605 Davenport RoadOne bedroom with one bathroom1BR,1BA$1,497
228 Albert St1 Bedroom plus Dining1BR,1BA$1,511
246 Albert St1 Bedroom plus Dining1BR,1BA$1,527
67 Milford AveOne Bedroom1BR,1BA$1,549
434 Hazel StOne Bedroom1BR,1BA$1,575

Best Value Apartments for Rent in Waterloo North East, ON

As of August 25, 2026 the best value apartment in the Waterloo North East area is the $1.64 price per square foot 2 Bedroom plus Den Model at 255 Sunview St in the in the Waterloo North East neighborhood starting from $1,964. The second greatest value Waterloo North East apartment is the 3 Beds, 1.5 baths Model at University Place - 50 University Ave E starting at $695 with a $0.63 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 ListingModel NameBed/BathPrice Per Sq.Ft.
255 Sunview St2 Bedroom plus Den2BR,2BA$1.64
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.63
Mayfieldview Court3 Bedroom Townhouse Premium3BR,1BA$2.15
383 Albert StOne Bedroom Apartment1BR,1BA$1.85
Oakwood Manor2 Bedroom2BR,1BA$2.10
250 Lester St2 Bedroom plus Den2BR,1.5BA$1.65
Northfield GardensTwo Bedroom + Two Bath2BR,2BA$2.09
434 Hazel StOne Bedroom1BR,1BA$1.97
20 University Inc.Signature-21BR,2BA$2.08
THE LINQ1 Bedroom plus Den1BR,1BA$2.20

Frequently Asked Questions about Waterloo North East

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

There are currently 290 Apartments for Rent in Waterloo North East, ON with pricing that ranges from $575 to $5,650. There are also 231 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North East ranging from $700 to $5,000.

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 $700 to $5,000 with an average monthly rent of $2,264.

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 $695 to $3,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,850. Four Bedroom Single-Family rentals are also available starting from $805 and Four Bedroom Apartments start at $645.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

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decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.