Cheap Apartments for Rent in the Waterloo Uptown Neighborhood of Waterloo, ON from C$500 (23 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

261 Lester St

WaterlooONN2L 3W6
property at 253 Lester St

253 Lester St

WaterlooONN2L 3W6

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 185 King St N

185 King St N

WaterlooONN2J 0E1
property at 275 Larch St

275 Larch St

WaterlooONN2L 3R2
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Park Manor
1 Bedroom Apartments

Park Manor

521 Park StKitchener, ON N2G 1N8
  • Utilities Included
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Cheapest Available Waterloo Uptown Apartments for Rent

 

The cheapest available apartment rental in the Waterloo Uptown area of Waterloo, ON is a 6 Beds unit found at University Place - 50 University Ave E priced from C$670. 261 Lester St has the second lowest priced unit, which is a Studio apartment currently listed from C$795. Here are the most affordable Waterloo Uptown apartments for rent in Waterloo, ON:

Apartment ListingModel NameBed/BathPriced From
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BAC$670
261 Lester St0 Beds, 2 BathsStudio,2BAC$795
253 Lester St0 Beds, 2 BathsStudio,2BAC$795
Linden Village5 Bedroom Shared Occupancy5BR,2BAC$973
Spring Village1 Bedroom Shared Accommodation1BR,1BAC$988

Best Value Apartments for Rent in Waterloo Uptown, ON

As of April 30, 2025 the best value apartment in the Waterloo Uptown area is the C$1.80 price per square foot 2 Bed + Den Model at 76 Brybeck Cres in the in the Kitchener South Central neighborhood starting from C$1,799. The second greatest value Waterloo Uptown apartment is the 1 Bedroom plus Dining Model at 239 Albert St starting at C$2,064 with a C$2.13 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.
76 Brybeck Cres2 Bed + Den2BR,1BAC$1.80
239 Albert St1 Bedroom plus Dining1BR,1BAC$2.13
University Place - 50 University Ave E2 Beds, 1 bath2BR,1BAC$0.69
Spurline Flats, Midtown Waterloo2B2BR,1BAC$2.52
Avenue Apartments2 Bedroom(s) and 1 Bathroom(s)2BR,1BAC$2.50
Beacon TowerOne Bedroom1BR,1BAC$2.07
125 Lincoln Rd, Unit 705125 Lincoln Rd1BR,1BAC$2.60
Margaret Place1 Bedroom1BR,1BAC$2.53
45 Caroline St NOne Bedroom Apartment1BR,1BAC$2.43
The Carrick1 Bedroom + 1 Bath1BR,1BAC$2.51

Frequently Asked Questions about Cheap Waterloo Uptown Apartments

What is a cheap apartment in Waterloo Uptown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterloo Uptown is under C$1,780.

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

The cheapest apartment in Waterloo Uptown is Spring Village which is listed at C$988, while the average apartment in Waterloo Uptown costs C$2,377.

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 4 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 C$901 which is C$1,476 cheaper than the average rent for all rentals in Waterloo Uptown.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.