365 Roselawn Pl
WaterlooONN2L 5P1
Cheap Apartments for Rent in the Waterloo North West Neighborhood of Waterloo, ON from $500 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterloo North West area of Waterloo.
379-379 Erb St. W
WaterlooONN2L 1W7
392 Albert St
WaterlooONN2L 3V1
325 Spruce St
WaterlooONN2L 3M6
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Rent Specials
$750 - $5,7404 to 6 Bedroom Apartments Available Now
King Street Towers
333-339 King St NWaterloo, ON N2J 0C5
271-271 Lester St
WaterlooONN2L 3W6
261 Lester St
WaterlooONN2L 3W6
261-261 Lester St
WaterlooONN2L 3W6
253 Lester St
WaterlooONN2L 3W6
251 Lester St
WaterlooONN2L 3W6
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
251-251 Lester St
WaterlooONN2L 3W6
253-253 Lester St
WaterlooONN2L 3W6
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$863
Total Monthly Price
5 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$863
Total Monthly Price
$863
86 University Av W
86 University Av WWaterloo, ON N2L 3C8
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$1,0005 Bedroom Apartment Available Sep 1
295 Lester St
295 Lester StWaterloo, ON N2L 0C1
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Rent Specials
$1,060 - $5,6505 Bedroom Apartments Contact Us For Availability
MyRez on Lester
181 Lester StWaterloo, ON N2L 3W3
716 Glen Forrest Blvd
WaterlooONN2L 4K8
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Rent Specials
$1,475 - $2,425Studio to 3 Bedroom Apartments Available Now
Avenue Apartments
137 University Ave WWaterloo, ON N2L 3E5
308 Lester St
WaterlooONN2L 0H9
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Rent Specials
$1,520 - $2,365Studio to 2 Bedroom Apartments Available Now
200 Shakespeare Drive
200 Shakespeare DrWaterloo, ON N2L 6C1
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Rent Specials
$1,555 - $2,0401 to 2 Bedroom Apartments Available Now
Parkside Tower
400 Parkside DrWaterloo, ON N2L 6E5
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.
407 Keats Way
WaterlooONN2L 5S7
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$675 - $725Studio Apartments
308 Hawthorn St
308 Hawthorn StWaterloo, ON N2L 3N4
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$750Studio to 1 Bedroom Apartments
261 Lester St
261 Lester StWaterloo, ON N2L 3W6
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$785 - $9875 Bedroom Apartments
Linden Village Inc.
203 Lester StWaterloo, ON N2L 0B5
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$785 - $1,0011 to 2 Bedroom Apartments
Spring Village
208 Sunview StWaterloo, ON N2L 3V6
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$795Studio Apartments
253 Lester St
253 Lester StWaterloo, ON N2L 3W6
271 Lester St
WaterlooONN2L 3W6
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$8951 to 2 Bedroom Apartments
251 Lester St
251 Lester StWaterloo, ON N2L 3W6
392 Albert St
WaterlooONN2L 3V1
392 Albert St
WaterlooONN2L 3V1
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.
338 Albert St
WaterlooONN2L 0G8
338 Albert St
WaterlooONN2L 0G8
288 Albert St
WaterlooONN2L 0G9
288 Albert St
WaterlooONN2L 0G9
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$1,150 - $2,1001 to 2 Bedroom Apartments
311 Batavia Pl
311 Batavia PlWaterloo, ON N2L 3W1
608 Woolgrass Ave
WaterlooONN2V 2X8
608 Woolgrass Ave
WaterlooONN2V 2X8
275 Larch St
WaterlooONN2L 3R2
275 Larch St
WaterlooONN2L 3R2
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$1,450 - $2,500Studio to 2 Bedroom Apartments
Sage X
257 Hemlock StWaterloo, ON N2L 0K2
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.
317 Erb St. W
WaterlooONN2L 1W4
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$1,4971 Bedroom Apartments
605 Davenport Road
605 Davenport RdWaterloo, ON N2L 6H8
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$1,4971 Bedroom Apartments
609 Davenport Rd
609 Davenport RdWaterloo, ON N2L 6H9
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$1,5001 Bedroom Apartments
430 Hazel St
430 Hazel StWaterloo, ON N2L 3P7
843 Brandenburg Blvd
WaterlooONN2T 2X6
843 Brandenburg Blvd
WaterlooONN2T 2X6
275 Larch St
WaterlooONN2L 3R2
275 Larch St
WaterlooONN2L 3R2
67 Karen Walk
WaterlooONN2L 5X1
275F Larch St
WaterlooONN2L 0J5
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Waterloo North West, Waterloo, ON Local Guide
How much does it cost to rent an apartment in Waterloo North West?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo North West Studio Apartments | $1,503 | $1,475 | $1,545 |
| Waterloo North West 1 Bedroom Apartments | $1,994 | $575 | $5,180 |
| Waterloo North West 2 Bedroom Apartments | $2,276 | $1,450 | $5,665 |
| Waterloo North West 3 Bedroom Apartments | $2,320 | $500 | $6,105 |
| Waterloo North West 4 Bedroom Apartments | $1,492 | $750 | $3,620 |
| Waterloo North West 5 Bedroom Apartments | $1,774 | $745 | $5,650 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 63 rentals with your search options within a 2 mile radius of the Waterloo North West Neighborhood of Waterloo, ON.
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Cheapest Available Waterloo North West Apartments for Rent
The cheapest available apartment rental in the Waterloo North West area of Waterloo, ON is a 5 Beds unit found at Preston House priced from $749. King Street Towers has the second lowest priced unit, which is a 6 Beds apartment currently listed from $750. Here are the most affordable Waterloo North West apartments for rent in Waterloo, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $749 |
| King Street Towers | 6 Bedroom/ 5 Bath Tower 2 | 6BR,5BA | $750 |
| Spring Village | 1 Bedroom Shared Accommodation | 1BR,1BA | $785 |
| Avenue Apartments | Studio, 1 Bathroom | Studio,1BA | $1,475 |
| 605 Davenport Road | One bedroom with one bathroom | 1BR,1BA | $1,497 |
| 200 Shakespeare Drive | 0 Bedroom, 1 Bathroom | Studio,1BA | $1,520 |
| Westwood Drive Apartments | 1 Bedroom Model | 1BR,1BA | $1,525 |
| 81 Westwood Dr | 1 Bedroom Model | 1BR,1BA | $1,525 |
| 67 Milford Ave | One Bedroom | 1BR,1BA | $1,549 |
| Parkside Tower | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,555 |
Best Value Apartments for Rent in Waterloo North West, ON
As of May 30, 2026 the best value apartment in the Waterloo North West area is the $1.90 price per square foot 2-Level Townhouse 2 Bed + 3 Bath + Den + Media ... Model at The Carrick in the in the Kitchener South West neighborhood starting from $3,945. The second greatest value Waterloo North West apartment is the 3 Bedroom(s) and 1.5 Bathroom(s) Model at Sunnydale starting at $2,650 with a $1.77 price per square foot in the Waterloo North West neighborhood. Here is today’s list of the best values for Waterloo North West apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Carrick | 2-Level Townhouse 2 Bed + 3 Bath + Den + Media ... | 2BR,3BA | $1.90 |
| Sunnydale | 3 Bedroom(s) and 1.5 Bathroom(s) | 3BR,1.5BA | $1.77 |
| King Street Towers | 5 Bedroom/ 5 Bath Tower 1 | 5BR,5BA | $0.85 |
| 520 Parkside Dr | Three Bedroom Apartment | 3BR,1.5BA | $1.96 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.74 |
| 383 Albert St | Two Bedroom Apartment | 2BR,1BA | $2.08 |
| Beacon Tower | One Bedroom | 1BR,1BA | $1.99 |
| Westwood Drive Apartments | 2 Bedroom Model | 2BR,1BA | $2.25 |
| 81 Westwood Dr | 1 Bedroom Model | 1BR,1BA | $2.19 |
| 605 Davenport Road | One bedroom with one bathroom | 1BR,1BA | $2.26 |
Frequently Asked Questions about Cheap Waterloo North West Apartments
How much is rent for a Cheap One Bedroom Waterloo North West Apartment?
The lowest price for a Cheap One Bedroom Waterloo North West Apartment is $785 at Spring Village.
What is the lowest price for a Cheap Two Bedroom Waterloo North West Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterloo North West is starting from $1,799 at 383 Albert St.
What is the most affordable Waterloo North West Three Bedroom Apartment?
The best deal on a cheap Waterloo North West Three Bedroom Apartment rental is at 105 Golden Eagle Rd and starts from $2,150.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.