378 Albert St
WaterlooONN2L 3V1
Cheap Homes for Rent in Waterloo University Neighborhood of Waterloo, ON from $500 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterloo University area of Waterloo.
407 Keats Way
WaterlooONN2L 5S7
330 Phillip St
WaterlooONN2L 3W9
330 Phillip St
WaterlooONN2L 3W9
271 Lester St
WaterlooONN2L 3W6
275 Larch St
WaterlooONN2L 3R2
275 Larch St
WaterlooONN2L 3R2
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.
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
158-1158 King St N
WaterlooONN2J 0E5
392 Albert St
WaterlooONN2L 3V1
392 Albert St
WaterlooONN2L 3V1
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.
338 Albert St
WaterlooONN2L 0G8
338 Albert St
WaterlooONN2L 0G8
288 Albert St
WaterlooONN2L 0G9
288 Albert St
WaterlooONN2L 0G9
124 King St N
WaterlooONN2J 2X8
124 King St N
WaterlooONN2J 2X8
124 King St N
WaterlooONN2J 2X8
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.
124 King St N
WaterlooONN2J 2X8
Showing Results 1-22, 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 | $2,047 | $700 | $2,800 |
| Waterloo University 3 Bedroom Homes for Rent | $2,619 | $1,500 | $3,500 |
| Waterloo University 4 Bedroom Homes for Rent | $868 | $500 | $1,050 |
| Waterloo University 5 Bedroom Homes for Rent | $2,837 | $600 | $5,500 |
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 22 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. 185 King St N has the second lowest priced unit, which is a 5 Beds apartment currently listed from $929. 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 |
| 185 King St N | 5 Beds, 5 baths | 5BR,5BA | $929 |
| Sage X | Studio | 1BR,1BA | $1,450 |
| Avenue Apartments | Studio, 1 Bathroom | Studio,1BA | $1,475 |
| 200 Shakespeare Drive | 0 Bedroom, 1 Bathroom | Studio,1BA | $1,520 |
Best Value Apartments for Rent in Waterloo University, ON
As of April 29, 2026 the best value apartment in the Waterloo University area is the $1.90 price per square foot 2-Level Townhouse 2 Bed + 3 Bath + Den + Media ... Model at The Carrick in the in the Kitchener South West neighborhood starting from $3,945. The second greatest value Waterloo University apartment is the 3 Bedroom Model at Ivy Three starting at $3,400 with a $1.81 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. |
|---|---|---|---|
| The Carrick | 2-Level Townhouse 2 Bed + 3 Bath + Den + Media ... | 2BR,3BA | $1.90 |
| Ivy Three | 3 Bedroom | 3BR,3BA | $1.81 |
| Ivy Towns | 3 Beds, 2 baths | 3BR,2BA | $1.73 |
| 9 Lodge Street | 2 Bedroom | 2BR,1BA | $2.29 |
| 383 Albert St | Two Bedroom Apartment | 2BR,1BA | $2.08 |
| Beacon Tower | One Bedroom | 1BR,1BA | $1.99 |
| Waterloo Heights Apartments & Townhomes | Rent only One bedroom | 1BR,1BA | $2.30 |
| Richmond Square | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.08 |
| 45 Caroline St N | One Bedroom Apartment | 1BR,1BA | $2.23 |
| 55 Caroline St | One Bedroom Apartment | 1BR,1BA | $2.40 |
Frequently Asked Questions about Waterloo University
What type of rentals are currently available in Waterloo University?
There are currently 226 Apartments for Rent in Waterloo University, ON with pricing that ranges from $550 to $6,105. There are also 180 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo University ranging from $500 to $5,500.
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 $500 to $5,500 with an average monthly rent of $2,014.
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 $2,050 to $6,105, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,500. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $750.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.