Cheap Homes for Rent in the Waterloo North West Neighborhood of Waterloo, ON from $750 (49 Rentals)

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Search the lowest-cost Homes available for rent right now in the Waterloo North West area of Waterloo.

property at 271 Lester St

$750

1 Bedroom Rentals

Available Now

271 Lester St

WaterlooONN2L 3W6

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 99 Westwood Dr

$1,400 - $1,625

Studio To 2 Bedroom Rentals

Available Now

99 Westwood Dr

KitchenerONN2M 2K7

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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property at 312 Erb St W

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675
Total Monthly Price
$1,675

1 Bedroom, 1 Bath Condo for Rent

Available Now

312 Erb St W

WaterlooONN2L 0K9

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.

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Showing Results 1-49, Page 1 of 1

Cheapest Available Waterloo North West Apartments for Rent

 

The cheapest available apartment rental in the Waterloo North West 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 West apartments for rent in Waterloo, ON:

Apartment ListingModel NameBed/BathPriced From
143 ColumbiaLpSt24BR,2BA$590
Walnut Village Inc.1 Bedroom Shared Accommodation1BR,1BA$599
255 Sunview St1 Bedroom1BR,1BA$1,326
THE LINQ1 Bedroom plus Dining1BR,1BA$1,468
605 Davenport RoadOne bedroom with one bathroom1BR,1BA$1,497
200 Shakespeare Drive0 Bedroom, 1 BathroomStudio,1BA$1,517
228 Albert St1 Bedroom plus Den1BR,1BA$1,522
246 Albert St1 Bedroom plus Dining1BR,1BA$1,527
239 Albert St1 Bedroom plus Den1BR,1BA$1,532
67 Milford AveOne Bedroom1BR,1BA$1,549

Best Value Apartments for Rent in Waterloo North West, ON

As of August 30, 2026 the best value apartment in the Waterloo North West area is the $1.77 price per square foot 3 Bedroom(s) and 1.5 Bathroom(s) Model at Sunnydale in the in the Waterloo North West neighborhood starting from $2,650. The second greatest value Waterloo North West apartment is the 2 Bedroom Model at The HUB GEOWAVE starting at $1,807 with a $1.63 price per square foot in the Waterloo North East 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.
Sunnydale3 Bedroom(s) and 1.5 Bathroom(s)3BR,1.5BA$1.77
The HUB GEOWAVE2 Bedroom2BR,2BA$1.63
The HUB - 365 Albert2 Bedroom2BR,2BA$1.63
Parkside Tower2 Bedroom, 1 Bathroom2BR,1BA$1.97
383 Albert StOne Bedroom Apartment1BR,1BA$1.85
Beechwood Apartments1 Bed, 1 bath1BR,1BA$1.88
Beacon TowerOne Bedroom1BR,1BA$1.97
434 Hazel StOne Bedroom1BR,1BA$1.94
520 Parkside DrOne Bedroom Apartment1BR,1BA$2.23
THE LINQ1 Bedroom plus Den1BR,1BA$2.20

Frequently Asked Questions about Waterloo North West

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

There are currently 288 Apartments for Rent in Waterloo North West, ON with pricing that ranges from $575 to $6,105. There are also 291 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North West ranging from $750 to $6,000.

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 $750 to $6,000 with an average monthly rent of $2,443.

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 $2,340 to $6,105, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,650. Four Bedroom Single-Family rentals are also available starting from $1,050 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

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.