Cheap Homes for Rent in Waterloo North West Neighborhood of Waterloo, ON from $700 (23 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 261 Lester St

261 Lester St

WaterlooONN2L 3W6
property at 253 Lester St

253 Lester St

WaterlooONN2L 3W6
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 1-23, 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 $750. Spring Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $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,2BA$750
Spring Village1 Bedroom Shared Accommodation1BR,1BA$785
Davenport Apartments1 Bedroom1BR,1BA$1,497
69 Westwood Dr1 Bedroom Model1BR,1BA$1,525
81 Westwood Dr1 Bedroom Model1BR,1BA$1,525

Best Value Apartments for Rent in Waterloo North West, ON

As of November 29, 2025 the best value apartment in the Waterloo North West area is the $1.67 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 $2,500. The second greatest value Waterloo North West apartment is the 2 Bedroom, 1 Bathroom Model at Avenue Apartments starting at $1,935 with a $1.51 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$1.67
Avenue Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.51
437 Hazel St2 Bed2BR,1BA$2.44
434 Hazel StOne Bedroom1BR,1BA$2.09
Sugarbush GardensFirst Floor2BR,1BA$2.47
275 Larch St7702BR,2BA$2.72
45 Caroline St NOne Bedroom Apartment1BR,1BA$2.43
81 Westwood Dr1 Bedroom Model1BR,1BA$2.19
The Carrick1 Bedroom + 1 Bath1BR,1BA$2.72
Davenport Apartments1 Bedroom1BR,1BA$2.26

Frequently Asked Questions about Waterloo North West

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

There are currently 272 Apartments for Rent in Waterloo North West, ON with pricing that ranges from $450 to $4,505. There are also 105 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North West ranging from $750 to $5,000.

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 $5,000 with an average monthly rent of $2,682.

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 $1,239 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $4,950. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $596.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.