
Cheap Homes for Rent in Waterloo North East Neighborhood of Waterloo, ON from C$700 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterloo North East area of Waterloo.


251 Lester St

58 Bridgeport Rd E
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271 Lester St

43 Sorrel Pl

43 Sorrel Pl

81 Columbia St W

188 King St N

8 Hickory St W
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90 Redtail St

158-1158 King St N

371 Dale Crescent

275-B275 Larch St

511-55511 Weber St N

257 Hemlock St

275 Larch St

384 Albert St
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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.

308-308 Lester St

275-G275 Larch St

258 Sunview 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 | C$2,233 | C$899 | C$3,000 |
Waterloo North East 3 Bedroom Homes for Rent | C$2,456 | C$950 | C$3,300 |
Waterloo North East 4 Bedroom Homes for Rent | C$3,029 | C$1,150 | C$3,995 |
Waterloo North East 5 Bedroom Homes for Rent | C$3,848 | C$1,050 | C$5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 20 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 4 Beds unit found at University Place - 50 University Ave E priced from C$670. 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 |
---|---|---|---|
University Place - 50 University Ave E | 4 Beds, 1.5 baths | 4BR,1BA | C$670 |
261 Lester St | 0 Beds, 2 Baths | Studio,2BA | C$750 |
253 Lester St | 0 Beds, 2 Baths | Studio,2BA | C$795 |
King Street Towers - Student Living | 4 Bedroom/ 3 Bath | 4BR,3BA | C$830 |
Spring Village | 1 Bedroom Shared Accommodation | 1BR,1BA | C$968 |
Best Value Apartments for Rent in Waterloo North East, ON
As of July 31, 2025 the best value apartment in the Waterloo North East area is the C$1.81 price per square foot 2 Bedroom, 1 Bathroom Model at Avenue Apartments in the in the Waterloo North East neighborhood starting from C$2,315. The second greatest value Waterloo North East apartment is the 4 Beds, 1.5 baths Model at University Place - 50 University Ave E starting at C$670 with a C$0.54 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. |
---|---|---|---|
Avenue Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | C$1.81 |
University Place - 50 University Ave E | 4 Beds, 1.5 baths | 4BR,1.5BA | C$0.54 |
255 Sunview St | 2 Bedroom plus Den | 2BR,2BA | C$2.72 |
Richmond Square | 2 Bedroom(s) and 2 Bathroom(s) | 2BR,2BA | C$2.01 |
Fergus House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | C$1.37 |
Hespeler House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | C$1.46 |
The HUB - 365 Albert | 1 Bedroom plus Den | 1BR,1BA | C$2.71 |
Northfield Gardens | Two Bedroom + Two Bath | 2BR,2BA | C$2.32 |
Sugarbush Gardens | First Floor | 2BR,1BA | C$2.47 |
Davenport Apartments | 1 Bedroom | 1BR,1BA | C$2.27 |
Frequently Asked Questions about Waterloo North East
What type of rentals are currently available in Waterloo North East?
There are currently 272 Apartments for Rent in Waterloo North East, ON with pricing that ranges from C$670 to C$6,450. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North East ranging from C$700 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$700 to C$5,500 with an average monthly rent of C$2,631.
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$950 to C$3,300. Four Bedroom Single-Family rentals are also available starting from C$1,150 and Four Bedroom Apartments start at C$670.
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 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.