Cheap Homes for Rent in Waterloo North West Neighborhood of Waterloo, ON from C$600 (13 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

271 Lester St

WaterlooONN2L 3W6
property at 251 Lester St

251 Lester St

WaterlooONN2L 3W6

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Showing Results 1-13, 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 Studio unit found at 261 Lester St priced from C$750. Spring Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$785. 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$750
Spring Village1 Bedroom Shared Accommodation1BR,1BAC$785
Linden Village5 Bedroom Shared Occupancy5BR,2BAC$785
King Street Towers - Student Living4 Bedroom/ 3 Bath4BR,3BAC$830
Fergus House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1,350

Best Value Apartments for Rent in Waterloo North West, ON

As of August 29, 2025 the best value apartment in the Waterloo North West area is the C$1.58 price per square foot 2 Bedroom, 2 Bathroom Model at 200 Shakespeare Drive in the in the Waterloo North West neighborhood starting from C$2,350. The second greatest value Waterloo North West apartment is the 2 Bedroom plus Den Model at 255 Sunview St starting at C$3,047 with a C$2.50 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.
200 Shakespeare Drive2 Bedroom, 2 Bathroom2BR,2BAC$1.58
255 Sunview St2 Bedroom plus Den2BR,2BAC$2.50
Fergus House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1.37
Parkside Tower2 Bedroom, 1 Bathroom, Den2BR,1BAC$2.37
Woodland Trail ApartmentsTwo Bedroom2BR,1BAC$2.06
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BAC$1.46
505 Parkside DTwo Bedroom Apartment2BR,1BAC$2.31
Panorama Terrace2 Bedroom2BR,1BAC$2.18
Sugarbush GardensFirst Floor2BR,1BAC$2.47
The Carrick1 Bedroom + 1 Bath1BR,1BAC$2.47

Frequently Asked Questions about Waterloo North West

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

There are currently 267 Apartments for Rent in Waterloo North West, ON with pricing that ranges from C$575 to C$6,450. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North West ranging from C$620 to C$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 C$620 to C$6,000 with an average monthly rent of C$2,847.

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$2,050 to C$4,365, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,750 to C$3,400. Four Bedroom Single-Family rentals are also available starting from C$2,750 and Four Bedroom Apartments start at C$830.

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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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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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The Art of the Rental Viewing: What to look for during a property tour

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