379-379 Erb St. W
WaterlooONN2L 1W7
Cheap Apartments for Rent in the Waterloo Uptown Neighborhood of Waterloo, ON from C$500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterloo Uptown area of Waterloo.
271-271 Lester St
WaterlooONN2L 3W6
261 Lester St
WaterlooONN2L 3W6
253-253 Lester St
WaterlooONN2L 3W6
275 Larch St
WaterlooONN2L 0J5
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.
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C$1,225 - C$6,4505 Bedroom Apartments Available Now
MyRez On Lester - Student Living
181 Lester StWaterloo, ON N2L 3W3
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2 to 6 Bedroom Apartments
University Place - 50 University Ave E
50 University Ave EWaterloo, ON N2J 2V9
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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.
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-15, Page 1 of 1
Waterloo Uptown, Waterloo, ON Local Guide
How much does it cost to rent an apartment in Waterloo Uptown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Uptown Studio Apartments | C$1,155 | C$750 | C$1,560 |
| Waterloo Uptown 1 Bedroom Apartments | C$2,162 | C$575 | C$2,795 |
| Waterloo Uptown 2 Bedroom Apartments | C$2,413 | C$1,350 | C$4,505 |
| Waterloo Uptown 3 Bedroom Apartments | C$2,199 | C$2,199 | C$2,199 |
| Waterloo Uptown 4 Bedroom Apartments | C$3,375 | C$1,350 | C$5,400 |
| Waterloo Uptown 5 Bedroom Apartments | C$3,041 | C$750 | C$6,450 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Waterloo Uptown Neighborhood of Waterloo, ON.
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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 Studio unit found at 261 Lester St priced from C$750. Spring Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$785. Here are the most affordable Waterloo Uptown apartments for rent in Waterloo, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 261 Lester St | 0 Beds, 2 Baths | Studio,2BA | C$750 |
| Spring Village | 1 Bedroom Shared Accommodation | 1BR,1BA | C$785 |
| MyRez On Lester - Student Living | 5 Bedroom, 2.5 Bath | 5BR,2BA | C$1,225 |
| Fergus House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | C$1,350 |
| Hespeler House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | C$1,350 |
Best Value Apartments for Rent in Waterloo Uptown, ON
As of October 22, 2025 the best value apartment in the Waterloo Uptown area is the C$0.81 price per square foot 5 Bedroom, 2.5 Bath Model at MyRez On Lester - Student Living in the in the Waterloo North East neighborhood starting from C$1,225. The second greatest value Waterloo Uptown apartment is the Three Bedroom Model at Beacon Tower starting at C$3,300 with a C$2.20 price per square foot in the Kitchener South West neighborhood. Here is today’s list of the best values for Waterloo Uptown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| MyRez On Lester - Student Living | 5 Bedroom, 2.5 Bath | 5BR,2.5BA | C$0.81 |
| Beacon Tower | Three Bedroom | 3BR,1BA | C$2.20 |
| William Apartments | 2 Beds, 1 Baths | 2BR,1BA | C$2.05 |
| The Carrick | 2 Bedroom + 2 Bath | 2BR,2BA | C$2.33 |
| Fergus House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | C$1.37 |
| Spurline Flats, Midtown Waterloo | 2 Bedroom(s) and 1 Bathroom(s) | 2BR,1BA | C$1.97 |
| Hespeler House - Student Living | 4 Bedroom 4 Bathroom | 4BR,4BA | C$1.46 |
| The Victorian | 2 Bedroom | 2BR,1BA | C$2.06 |
| Stride on Union | 1 Bedroom Model | 1BR,1BA | C$2.37 |
| Huntington Place | 2 Bedroom | 2BR,1BA | C$2.07 |
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 C$785, while the average apartment in Waterloo Uptown costs C$2,250.
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 10 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
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.