Cheap Homes for Rent in Waterloo North West Neighborhood of Waterloo, ON from C$700 (10 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 251 Lester St

251 Lester St

WaterlooONN2L 3W6
property at 271 Lester St

271 Lester St

WaterlooONN2L 3W6

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.

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property at 502 Chablis Dr

502 Chablis Dr

WaterlooONN2T 2X8

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.

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Showing Results 1-10, 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 253 Lester St priced from C$795. King Street Towers has the second lowest priced unit, which is a 4 Beds apartment currently listed from C$830. Here are the most affordable Waterloo North West apartments for rent in Waterloo, ON:

Apartment ListingModel NameBed/BathPriced From
253 Lester St0 Beds, 2 BathsStudio,2BAC$795
King Street Towers4 Bedroom/ 3 Bath4BR,3BAC$830
Spring Village1 Bedroom Shared Accommodation1BR,1BAC$971

Best Value Apartments for Rent in Waterloo North West, ON

As of July 05, 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 4 Bedroom 4 Bathroom Model at Fergus House starting at C$1,350 with a C$1.37 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.
Sunnydale4 Bedroom Townhouse4BR,2BAC$2.04
Fergus House4 Bedroom 4 Bathroom4BR,4BAC$1.37
Hespeler House4 Bedroom 4 Bathroom4BR,4BAC$1.46
383 Albert StTwo Bedroom plus Den2BR,1BAC$2.29
Avenue Apartments2 Bedroom(s) and 1 Bathroom(s)2BR,1BAC$2.50
505 Parkside DTwo Bedroom Apartment2BR,1BAC$2.31
Panorama Terrace2 Bedroom2BR,1BAC$2.18
Sugarbush GardensFirst Floor2BR,1BAC$2.47
45 Caroline St NOne Bedroom Apartment1BR,1BAC$2.43
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 268 Apartments for Rent in Waterloo North West, ON with pricing that ranges from C$575 to C$6,450. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North West ranging from C$750 to C$4,505.

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$750 to C$4,505 with an average monthly rent of C$2,316.

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$1,950 to C$4,365, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,750 to C$3,500. 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.

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.