433 Keats Way
WaterlooONN2L 5S7
Cheap Homes for Rent in Waterloo University Neighborhood of Waterloo, ON from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterloo University area of Waterloo.
261 Lester St
WaterlooONN2L 3W6
251 Lester St
WaterlooONN2L 3W6
253 Lester St
WaterlooONN2L 3W6
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.
271 Lester St
WaterlooONN2L 3W6
250 Keats Way
WaterlooONN2L 6J5
288 Albert St
WaterlooONN2L 0G9
275 Larch St
WaterlooONN2L 3R2
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.
Showing Results 1-8, 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 | $2,110 | $1,795 | $2,750 |
| Waterloo University 3 Bedroom Homes for Rent | $2,319 | $1,750 | $3,100 |
| Waterloo University 4 Bedroom Homes for Rent | $2,787 | $1,050 | $4,000 |
| Waterloo University 5 Bedroom Homes for Rent | $2,416 | $750 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 1 Bed unit found at Spring Village priced from $785. MyRez On Lester - Student Living has the second lowest priced unit, which is a 5 Beds apartment currently listed from $1,060. Here are the most affordable Waterloo University apartments for rent in Waterloo, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spring Village | 1 Bedroom Shared Accommodation | 1BR,1BA | $785 |
| MyRez On Lester - Student Living | 5 Bedroom, 2.5 Bath | 5BR,2BA | $1,060 |
| King Street Towers - Student Living | 6 Bedroom/ 5 Bath Tower 2 | 6BR,5BA | $1,060 |
Best Value Apartments for Rent in Waterloo University, ON
As of January 08, 2026 the best value apartment in the Waterloo University area is the $1.90 price per square foot 3 Beds, 2 baths Model at Ivy Towns in the in the Waterloo North East neighborhood starting from $3,450. The second greatest value Waterloo University apartment is the 3 Beds, 2.5 baths Model at Ivy Two starting at $3,000 with a $1.97 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. |
|---|---|---|---|
| Ivy Towns | 3 Beds, 2 baths | 3BR,2BA | $1.90 |
| Ivy Two | 3 Beds, 2.5 baths | 3BR,2.5BA | $1.97 |
| MyRez On Lester - Student Living | 5 Bedroom, 2.5 Bath | 5BR,2.5BA | $0.70 |
| King Street Towers - Student Living | 4 Bedroom/ 4 Bath | 4BR,4BA | $1.04 |
| Beacon Tower | Two Bedroom | 2BR,1BA | $1.91 |
| Preston House - Student Living | 5 Bedroom, 5 Bath | 5BR,5BA | $1.06 |
| Bridgeport House | 5 Bedroom, 5 Bath | 5BR,5BA | $0.99 |
| Fergus House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | $1.31 |
| Hespeler House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | $1.38 |
| 200 Shakespeare Drive | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.28 |
Frequently Asked Questions about Waterloo University
What type of rentals are currently available in Waterloo University?
There are currently 212 Apartments for Rent in Waterloo University, ON with pricing that ranges from $575 to $3,719. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo University ranging from $750 to $4,000.
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 $750 to $4,000 with an average monthly rent of $2,135.
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 $1,200 to $2,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,060.
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
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!