Cheap Apartments for Rent in the Waterloo Uptown Neighborhood of Waterloo, ON from $400 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waterloo Uptown area of Waterloo.

property at 261 Lester St

$600 - $825

5 Bedroom Rentals

Available May 4

261 Lester St

WaterlooONN2L 3W6

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86 University Av W
$863
Total Monthly Price

Total Monthly Price

Base Rent
$863

Total Monthly Price
$863
5 Bedroom Apartment Available Sep 1

86 University Av W

86 University Av WWaterloo, ON N2L 3C8
Furnished
  • Smoke Free

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308 Hawthorn St
$675 - $725Studio Apartments

308 Hawthorn St

308 Hawthorn StWaterloo, ON N2L 3N4
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261 Lester St
$750Studio to 1 Bedroom Apartments

261 Lester St

261 Lester StWaterloo, ON N2L 3W6
Student Housing
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Spring Village
$785 - $1,0011 to 2 Bedroom Apartments

Spring Village

208 Sunview StWaterloo, ON N2L 3V6
Furnished
  • Smoke Free
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253 Lester St
$795Studio Apartments

253 Lester St

253 Lester StWaterloo, ON N2L 3W6
Student Housing
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251 Lester St
$8951 to 2 Bedroom Apartments

251 Lester St

251 Lester StWaterloo, ON N2L 3W6
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185 King St N
$949 - $1,3005 Bedroom Apartments

185 King St N

185 King St NWaterloo, ON N2J 0E1
Student Housing
  • Smoke Free

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311 Batavia Pl
$1,150 - $2,1001 to 2 Bedroom Apartments

311 Batavia Pl

311 Batavia PlWaterloo, ON N2L 3W1
Student Housing
  • Utilities Included
  • Smoke Free
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Park Manor
$1,0951 Bedroom Apartments

Park Manor

521 Park StKitchener, ON N2G 1N8
  • Utilities Included

Cheapest Available Waterloo Uptown Apartments for Rent

 

The cheapest available apartment rental in the Waterloo Uptown area of Waterloo, ON is a 4 Beds unit found at Hespeler House - Student Living priced from $732. Fergus House - Student Living has the second lowest priced unit, which is a 4 Beds apartment currently listed from $732. Here are the most affordable Waterloo Uptown apartments for rent in Waterloo, ON:

Apartment ListingModel NameBed/BathPriced From
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BA$732
Fergus House - Student Living4 Bedroom 4 Bathroom4BR,4BA$732
Spring Village1 Bedroom Shared Accommodation1BR,1BA$785
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$795
308 King1 Bedroom 1 Den 1 Bathroom2BR,1BA$1,213

Best Value Apartments for Rent in Waterloo Uptown, ON

As of March 15, 2026 the best value apartment in the Waterloo Uptown area is the $2.04 price per square foot 2 Beds, 1 Baths Model at William Apartments in the in the Waterloo Uptown neighborhood starting from $2,430. The second greatest value Waterloo Uptown apartment is the 2 Bedroom Model at Margaret Place starting at $2,480 with a $2.25 price per square foot in the Kitchener North West neighborhood. Here is today’s list of the best values for Waterloo Uptown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
William Apartments2 Beds, 1 Baths2BR,1BA$2.04
Margaret Place2 Bedroom2BR,2BA$2.25
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.72
Fergus House - Student Living4 Bedroom 4 Bathroom4BR,4BA$0.75
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BA$0.79
Park PlaceOne Bedroom1BR,1BA$1.80
Beacon TowerOne Bedroom1BR,1BA$2.11
Westwood Drive Apartments2 Bedroom Model2BR,1BA$2.25
45 Caroline St NOne Bedroom Apartment1BR,1BA$2.23
81 Westwood Dr1 Bedroom Model1BR,1BA$2.19

Frequently Asked Questions about Cheap Waterloo Uptown Apartments

What is the price of a cheap apartment in Waterloo Uptown?

The cheapest apartment in Waterloo Uptown is Spring Village which is listed at $785, while the average apartment in Waterloo Uptown costs $2,095.

What types of apartments are the cheapest in Waterloo Uptown?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Waterloo Uptown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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