Cheap Apartments for Rent in the Waterloo Uptown Neighborhood of Waterloo, ON from $575 (43 Rentals)

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

property at 32 Noecker St
$575
5 Bedroom, 1.5 Bath Home for Rent
Available Now
Affordability

32 Noecker St

WaterlooONN2J 2R4
property at 253-253 Lester St
$700 - $750
5 Bedroom Rentals
Available Now
Furnished

253-253 Lester St

WaterlooONN2L 3W6
property at 261 Lester St
$750
1 Bedroom Rentals
Available Now
Furnished

261 Lester St

WaterlooONN2L 3W6
property at 50 University Ave E
$795
4 Bedroom, 1.5 Bath Home for Rent
Available Now
Affordability

50 University Ave E

WaterlooONN2J 2V8
property at 253 Lester St
$700 - $795
1 Bedroom Rentals
Available Now
Furnished

253 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.

property at 251 Lester St
$695 - $795
1 Bedroom Rentals
Available Now
Furnished

251 Lester St

WaterlooONN2L 3W6
property at 275 Larch St
$1,200 - $2,600

Total Monthly Price

Base Rent$1,200 - $2,600

Total Monthly Price$1,200 - $2,600
1 To 2 Bedroom Rentals
Available Now
Furnished

275 Larch St

WaterlooONN2L 0J5
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143 Columbia
$590 - $7754 to 5 Bedroom Apartments

143 Columbia

143 Columbia St WWaterloo, ON N2L 3L2
Furnished
  • Smoke Free
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Walnut Village Inc.
$599 - $6111 Bedroom Apartments

Walnut Village Inc.

202 Lester StWaterloo, ON N2L 3W4
Student Housing
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Spring Village
$617 - $8781 to 5 Bedroom Apartments

Spring Village

208 Sunview StWaterloo, ON N2L 3V6
Student Housing
  • 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

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.

property at 271 Lester St
$700 - $750
1 To 5 Bedroom Rentals
Available Now
Furnished

271 Lester St

WaterlooONN2L 3W6
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Linden Village Inc.
$785 - $9875 Bedroom Apartments

Linden Village Inc.

203 Lester StWaterloo, ON N2L 0B5
Student Housing
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253 Lester St
$795Studio Apartments

253 Lester St

253 Lester StWaterloo, ON N2L 3W6
Student Housing

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.

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251 Lester St
$8951 to 2 Bedroom Apartments

251 Lester St

251 Lester StWaterloo, ON N2L 3W6
Student Housing
property at 74 Mcdougall Rd
$900 - $2,400

Total Monthly Price

Base Rent$900 - $2,400

Total Monthly Price$900 - $2,400
1 To 4 Bedroom Homes for Rent
Available Now

74 Mcdougall Rd

WaterlooONN2L 2W5

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.

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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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Uptown Apartments
$1,349 - $1,5491 to 2 Bedroom Apartments

Uptown Apartments

154 Erb St EWaterloo, ON N2J 1M4
  • Utilities Included
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Park Manor
$1,0951 Bedroom Apartments

Park Manor

521 Park StKitchener, ON N2G 1N8
  • Utilities Included

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.

property at 317 Duke St W
$1,395

Total Monthly Price

Base Rent$1,395

Total Monthly Price$1,395
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

317 Duke St W

KitchenerONN2H 3X9
  • Smoke Free
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Kings Tower
$1,399 - $2,629Studio to 3 Bedroom Apartments

Kings Tower

812 King St WKitchener, ON N2G 1E9
  • Utilities Included
property at 99 Westwood Dr
$1,400 - $1,625
Studio To 2 Bedroom Rentals
Available Now
Affordability

99 Westwood Dr

KitchenerONN2M 2K7

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 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 Uptown apartments for rent in Waterloo, ON:

Apartment ListingModel NameBed/BathPriced From
143 ColumbiaLpSt24BR,2BA$590
Walnut Village Inc.1 Bedroom Shared Accommodation1BR,1BA$599
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$695
Hespeler House4 Bedroom 4 Bathroom4BR,4BA$799
Fergus House4 Bedroom 4 Bathroom4BR,4BA$799
255 Sunview St1 Bedroom plus Den1BR,1BA$1,414
Kings Tower1 Bedroom Premium1BR,1BA$1,416
Westwood Garden ApartmentsStudioStudio,1BA$1,449
250 Lester St2 Bedroom plus Den2BR,1BA$1,449
239 Albert St1 Bedroom plus Dining1BR,1BA$1,463

Best Value Apartments for Rent in Waterloo Uptown, ON

As of September 13, 2026 the best value apartment in the Waterloo Uptown area is the $2.01 price per square foot 2 Beds, 1 Baths Model at William Apartments in the in the Waterloo Uptown neighborhood starting from $2,525. The second greatest value Waterloo Uptown apartment is the 3 Beds, 1.5 baths Model at University Place - 50 University Ave E starting at $695 with a $0.63 price per square foot in the Waterloo North East 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$2.01
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.63
76 Brybeck Cres2 Bed + Den2BR,1BA$1.80
Fergus House4 Bedroom 4 Bathroom4BR,4BA$0.81
Hespeler House4 Bedroom 4 Bathroom4BR,4BA$0.87
Park PlaceOne Bedroom1BR,1BA$2.03
250 Lester St2 Bedroom plus Den2BR,1.5BA$1.65
Beacon TowerOne Bedroom1BR,1BA$1.76
255 Sunview St1 Bedroom plus Den1BR,1BA$1.84
THE LINQ1 Bedroom plus Den1BR,1BA$2.20

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 Walnut Village Inc. which is listed at $599, while the average apartment in Waterloo Uptown costs $1,850.

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 46 regular apartments in Waterloo Uptown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Waterloo Uptown?

Cheap apartments in Waterloo Uptown have an average cost of $849 which is $1,001 cheaper than the average rent for all rentals in Waterloo Uptown.

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

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Rent According to Income: A Look at Income-Restricted Rentals

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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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.