Cheap Homes for Rent in the Waterloo North East Neighborhood of Waterloo, ON from $600 (39 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 119 University Av E

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

5 Bedroom, 2.5 Bath Home for Rent

Available Now

119 University Av E

WaterlooONN2J 2W1
property at 271 Lester St

$750

5 Bedroom Rentals

Available Now

271 Lester St

WaterlooONN2L 3W6

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property at 257-257 Hemlock St

$1,500 - $1,550

Studio To 1 Bedroom Rentals

Available Now

257-257 Hemlock St

WaterlooONN2L 0K2

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 134 Bridgeport Rd E

$1,600 - $3,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $3,600
Total Monthly Price
$1,600 - $3,600

2 To 5 Bedroom Homes for Rent

Available Now

134 Bridgeport Rd E

WaterlooONN2J 2K4
Showing Results 1-39, Page 1 of 1

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 $611. University Place - 50 University Ave E has the second lowest priced unit, which is a 6 Beds apartment currently listed from $795. Here are the most affordable Waterloo North East apartments for rent in Waterloo, ON:

Apartment ListingModel NameBed/BathPriced From
Spring Village1 Bedroom Shared Accommodation1BR,1BA$611
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$795
Preston House5 Bedroom, 5 Bath5BR,5BA$1,150
THE LINQ1 Bedroom plus Dining1BR,1BA$1,452
Avenue ApartmentsStudio, 1 BathroomStudio,1BA$1,475
228 Albert St1 Bedroom plus Dining1BR,1BA$1,495
605 Davenport RoadOne bedroom with one bathroom1BR,1BA$1,497
67 Milford AveOne Bedroom1BR,1BA$1,499
246 Albert St1 Bedroom plus Dining1BR,1BA$1,510
20 University Inc.Signature-21BR,2BA$1,590

Best Value Apartments for Rent in Waterloo North East, ON

As of July 10, 2026 the best value apartment in the Waterloo North East area is the $0.72 price per square foot 3 Beds, 1.5 baths Model at University Place - 50 University Ave E in the in the Waterloo North East neighborhood starting from $795. The second greatest value Waterloo North East apartment is the 5 Bedroom, 5 Bath Model at Preston House starting at $1,150 with a $1.14 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.
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.72
Preston House5 Bedroom, 5 Bath5BR,5BA$1.14
512 Albert St2 Bedroom2BR,1BA$1.99
383 Albert StTwo Bedroom Apartment2BR,1BA$2.08
The HUB - 365 Albert1 Bedroom plus Den1BR,1BA$2.07
Richmond Square1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.08
434 Hazel StOne Bedroom1BR,1BA$2.03
20 University Inc.Signature-21BR,2BA$2.04
THE LINQ1 Bedroom plus Den1BR,1BA$2.18
131 University1 Bedroom plus Den1BR,1BA$2.15

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 $600 to $5,740. There are also 259 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North East ranging from $600 to $4,350.

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 $600 to $4,350 with an average monthly rent of $2,317.

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 $795 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,550. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $750.

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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.