Cheap Homes for Rent in Waterloo North West Neighborhood of Waterloo, ON from C$600 (10 Rentals)

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Cheap Homes in the Waterloo North West area of Waterloo.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Cheapest Available Waterloo North West Apartments for Rent

 

The cheapest available apartment rental in the Waterloo North West area of Waterloo, ON is a Studio unit found at 261 Lester St priced from C$795. 253 Lester St has the second lowest priced unit, which is a Studio apartment currently listed from C$795. Here are the most affordable Waterloo North West apartments for rent in Waterloo, ON:

Apartment ListingModel NameBed/BathPriced From
261 Lester St0 Beds, 2 BathsStudio,2BAC$795
253 Lester St0 Beds, 2 BathsStudio,2BAC$795
Linden Village5 Bedroom Shared Occupancy5BR,2BAC$973

Best Value Apartments for Rent in Waterloo North West, ON

As of May 02, 2025 the best value apartment in the Waterloo North West area is the C$2.04 price per square foot 4 Bedroom Townhouse Model at Sunnydale in the in the Waterloo North West neighborhood starting from C$2,850. The second greatest value Waterloo North West apartment is the Three Bedroom Apartment Model at 520 Parkside Dr starting at C$2,199 with a C$1.94 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sunnydale4 Bedroom Townhouse4BR,2BAC$2.04
520 Parkside DrThree Bedroom Apartment3BR,1.5BAC$1.94
239 Albert St1 Bedroom plus Dining1BR,1BAC$2.13
Avenue Apartments2 Bedroom(s) and 1 Bathroom(s)2BR,1BAC$2.50
505 Parkside DTwo Bedroom Apartment2BR,1BAC$2.42
Beacon TowerOne Bedroom1BR,1BAC$2.07
Sugarbush GardensFirst Floor2BR,1BAC$2.47
45 Caroline St NOne Bedroom Apartment1BR,1BAC$2.43
The Carrick1 Bedroom + 1 Bath1BR,1BAC$2.51
Davenport Apartments1 Bedroom1BR,1BAC$2.27

Frequently Asked Questions about Waterloo North West

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

There are currently 273 Apartments for Rent in Waterloo North West, ON with pricing that ranges from C$575 to C$6,125. There are also 102 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North West ranging from C$600 to C$4,195.

What is the current price range for Rental Homes in Waterloo North West?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterloo North West ranges from C$600 to C$4,195 with an average monthly rent of C$2,413.

How much are larger Three and Four Bedroom Rentals in Waterloo North West?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterloo North West range from C$1,200 to C$3,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,950 to C$3,600. Four Bedroom Single-Family rentals are also available starting from C$2,750 and Four Bedroom Apartments start at C$730.

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.