392 Albert St, Unit 304
392 Albert St
WaterlooONN2L 3V1
Cheap Homes for Rent in the Waterloo University Neighborhood of Waterloo, ON from $740 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterloo University area of Waterloo.
392 Albert St, Unit 304
392 Albert St
WaterlooONN2L 3V1
38 High St
WaterlooONN2L 3X8
433 Keats Way
WaterlooONN2L 5S7
433 Keats Way
WaterlooONN2L 5S7
38 High St
WaterlooONN2L 3X8
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.
225 Shakespeare Dr
WaterlooONN2L 2T5
225 Shakespeare Dr
WaterlooONN2L 2T5
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
74 Mcdougall Rd
WaterlooONN2L 2W5
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.
288 Albert St
WaterlooONN2L 0G9
288 Albert St
WaterlooONN2L 0G9
330 Phillip St, Unit 219
330 Phillip St
WaterlooONN2L 3W9
330 Phillip St, Unit 219
330 Phillip St
WaterlooONN2L 3W9
330 Phillip St
WaterlooONN2L 3W9
330 Phillip St
WaterlooONN2L 3W9
275 Larch St, Unit A207
275 Larch St
WaterlooONN2L 0J5
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.
275 Larch St, Unit A207
275 Larch St
WaterlooONN2L 0J5
62 Balsam St, Unit H201
62 Balsam St
WaterlooONN2L 3J3
62 Balsam St, Unit H201
62 Balsam St
WaterlooONN2L 3J3
71 Helene Crescent
WaterlooONN2L 5E6
71 Helene Crescent
WaterlooONN2L 5E6
28 Spring St W
WaterlooONN2L 2Z8
257-257 Hemlock St
WaterlooONN2L 0K2
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.
312 Erb St W
WaterlooONN2L 0K9
Showing Results 1-29, Page 1 of 1
Waterloo University, Waterloo, ON Local Guide
How much does it cost to rent a home in Waterloo University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo University 2 Bedroom Homes for Rent | $2,141 | $1,250 | $2,800 |
| Waterloo University 3 Bedroom Homes for Rent | $2,650 | $1,150 | $3,550 |
| Waterloo University 4 Bedroom Homes for Rent | $2,134 | $805 | $4,000 |
| Waterloo University 5 Bedroom Homes for Rent | $2,387 | $740 | $4,000 |
| Waterloo University 6 Bedroom Homes for Rent | $750 | $750 | $750 |
| Waterloo University 7 Bedroom Homes for Rent | $4,099 | $4,099 | $4,099 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Waterloo University Neighborhood of Waterloo, ON.
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Cheapest Available Waterloo University Apartments for Rent
The cheapest available apartment rental in the Waterloo University 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 University apartments for rent in Waterloo, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 143 Columbia | LpSt2 | 4BR,2BA | $590 |
| Walnut Village Inc. | 1 Bedroom Shared Accommodation | 1BR,1BA | $599 |
| King Street Towers | 6 Bedroom/ 5 Bath Tower 2 | 6BR,5BA | $750 |
| Fergus House | 4 Bedroom 4 Bathroom | 4BR,4BA | $799 |
| Hespeler House | 4 Bedroom 4 Bathroom | 4BR,4BA | $799 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1,150 |
| 255 Sunview St | 1 Bedroom plus Den | 1BR,1BA | $1,414 |
| 250 Lester St | 2 Bedroom plus Den | 2BR,1BA | $1,449 |
| 239 Albert St | 1 Bedroom plus Dining | 1BR,1BA | $1,463 |
| THE LINQ | 1 Bedroom plus Dining | 1BR,1BA | $1,468 |
Best Value Apartments for Rent in Waterloo University, ON
As of September 13, 2026 the best value apartment in the Waterloo University area is the $0.80 price per square foot 5 Bedroom/ 5 Bath Tower 2 Model at King Street Towers in the in the Waterloo North East neighborhood starting from $1,100. The second greatest value Waterloo University apartment is the 2 Bedroom Model at The HUB - 365 Albert 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 University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| King Street Towers | 5 Bedroom/ 5 Bath Tower 2 | 5BR,5BA | $0.80 |
| The HUB - 365 Albert | 2 Bedroom | 2BR,2BA | $1.63 |
| The HUB GEOWAVE | 2 Bedroom | 2BR,2BA | $1.63 |
| Preston House | 5 Bedroom, 5 Bath | 5BR,5BA | $1.14 |
| Bridgeport House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.70 |
| Fergus House | 4 Bedroom 4 Bathroom | 4BR,4BA | $0.81 |
| Hespeler House | 4 Bedroom 4 Bathroom | 4BR,4BA | $0.87 |
| 250 Lester St | 2 Bedroom plus Den | 2BR,1.5BA | $1.65 |
| Beacon Tower | One Bedroom | 1BR,1BA | $1.76 |
| 255 Sunview St | 1 Bedroom plus Den | 1BR,1BA | $1.84 |
Frequently Asked Questions about Waterloo University
What type of rentals are currently available in Waterloo University?
There are currently 223 Apartments for Rent in Waterloo University, ON with pricing that ranges from $645 to $6,105. There are also 146 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo University ranging from $740 to $4,099.
What is the current price range for Rental Homes in Waterloo University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterloo University ranges from $740 to $4,099 with an average monthly rent of $2,155.
How much are larger Three and Four Bedroom Rentals in Waterloo University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterloo University range from $2,286 to $6,105, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,550. Four Bedroom Single-Family rentals are also available starting from $805 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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.
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.