121 University Ave E
WaterlooONN2J 2W1
Cheap Apartments for Rent in the Waterloo Uptown Neighborhood of Waterloo, ON from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterloo Uptown area of Waterloo.
379-379 Erb St. W
WaterlooONN2L 1W7
32 Noecker St
WaterlooONN2J 2R4
271-271 Lester St
WaterlooONN2L 3W6
261 Lester St
WaterlooONN2L 3W6
261-261 Lester St
WaterlooONN2L 3W6
50 University Ave E
WaterlooONN2J 2V8
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$795 - $820
Total Monthly Price
3 to 6 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$795 - $820
Total Monthly Price
$795 - $820
University Place - 50 University Ave E
50 University Ave EWaterloo, ON N2J 2V9
253 Lester St
WaterlooONN2L 3W6
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.
251 Lester St
WaterlooONN2L 3W6
251-251 Lester St
WaterlooONN2L 3W6
253-253 Lester St
WaterlooONN2L 3W6
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$863
Total Monthly Price
5 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$863
Total Monthly Price
$863
86 University Av W
86 University Av WWaterloo, ON N2L 3C8
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$1,0005 Bedroom Apartment Available Sep 1
295 Lester St
295 Lester StWaterloo, ON N2L 0C1
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Rent Specials
$1,060 - $5,6505 Bedroom Apartments Contact Us For Availability
MyRez on Lester
181 Lester StWaterloo, ON N2L 3W3
158 King St N
WaterlooONN2J 0E5
158 King St N
WaterlooONN2J 0E5
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$675 - $725Studio Apartments
308 Hawthorn St
308 Hawthorn StWaterloo, ON N2L 3N4
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.
38 Noecker St
WaterlooONN2J 2R4
38 Noecker St
WaterlooONN2J 2R4
12 Bridgeport Rd E
WaterlooONN2J 2J3
12 Bridgeport Rd E
WaterlooONN2J 2J3
43 Dupont St E
WaterlooONN2J 2G8
43 Dupont St E
WaterlooONN2J 2G8
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$750Studio to 1 Bedroom Apartments
261 Lester St
261 Lester StWaterloo, ON N2L 3W6
271 Lester St
WaterlooONN2L 3W6
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$785 - $9875 Bedroom Apartments
Linden Village Inc.
203 Lester StWaterloo, ON N2L 0B5
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.
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$785 - $1,0011 to 2 Bedroom Apartments
Spring Village
208 Sunview StWaterloo, ON N2L 3V6
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$795Studio Apartments
253 Lester St
253 Lester StWaterloo, ON N2L 3W6
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
16 Marshall St
WaterlooONN2J 2T2
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$8951 to 2 Bedroom Apartments
251 Lester St
251 Lester StWaterloo, ON N2L 3W6
166 Elgin Crescent
WaterlooONN2J 2S6
166 Elgin Crescent
WaterlooONN2J 2S6
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.
288 Albert St
WaterlooONN2L 0G9
288 Albert St
WaterlooONN2L 0G9
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$1,150 - $2,1001 to 2 Bedroom Apartments
311 Batavia Pl
311 Batavia PlWaterloo, ON N2L 3W1
124 King St N
WaterlooONN2J 2X8
124 King St N
WaterlooONN2J 2X8
275 Larch St
WaterlooONN2L 3R2
275 Larch St
WaterlooONN2L 3R2
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$1,349 - $1,5491 to 2 Bedroom Apartments
Uptown Apartments
154 Erb St EWaterloo, ON N2J 1M4
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$1,0951 Bedroom Apartments
Park Manor
521 Park StKitchener, ON N2G 1N8
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.
99 Westwood Dr
KitchenerONN2M 2K7
Showing Results 1-46, 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 | $1,502 | $1,475 | $1,545 |
| Waterloo Uptown 1 Bedroom Apartments | $2,171 | $575 | $5,180 |
| Waterloo Uptown 2 Bedroom Apartments | $2,186 | $995 | $5,665 |
| Waterloo Uptown 3 Bedroom Apartments | $2,513 | $795 | $6,105 |
| Waterloo Uptown 4 Bedroom Apartments | $1,100 | $795 | $2,000 |
| Waterloo Uptown 5 Bedroom Apartments | $1,473 | $500 | $5,650 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 46 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 1 Bed unit found at Spring Village priced from $785. University Place - 50 University Ave E has the second lowest priced unit, which is a 6 Beds apartment currently listed from $795. Here are the most affordable Waterloo Uptown apartments for rent in Waterloo, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spring Village | 1 Bedroom Shared Accommodation | 1BR,1BA | $785 |
| University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | $795 |
| Westwood Garden Apartments | Studio | Studio,1BA | $1,449 |
| Avenue Apartments | Studio, 1 Bathroom | Studio,1BA | $1,475 |
| 100 Walter Street | 1 Bedroom | 1BR,1BA | $1,500 |
| 200 Shakespeare Drive | 0 Bedroom, 1 Bathroom | Studio,1BA | $1,520 |
| Westwood Drive Apartments | 1 Bedroom Model | 1BR,1BA | $1,525 |
| 81 Westwood Dr | 1 Bedroom Model | 1BR,1BA | $1,525 |
| Kings Tower | 1 Bedroom | 1BR,1BA | $1,599 |
| 170 Weber St N | 1 Bedroom Model | 1BR,1BA | $1,600 |
Best Value Apartments for Rent in Waterloo Uptown, ON
As of June 14, 2026 the best value apartment in the Waterloo Uptown area is the $1.80 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 3 Beds, 1.5 baths Model at University Place - 50 University Ave E starting at $795 with a $0.72 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| William Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.80 |
| University Place - 50 University Ave E | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.72 |
| Mayfieldview Court | 2 Bedroom Townhouse Premium | 2BR,1BA | $2.23 |
| 11 Devitt Av S | 2 Bedroom | 2BR,1BA | $1.73 |
| Beacon Tower | One Bedroom | 1BR,1BA | $1.97 |
| Richmond Square | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.08 |
| Westwood Drive Apartments | 2 Bedroom Model | 2BR,1BA | $2.25 |
| 45 Caroline St N | One Bedroom Apartment | 1BR,1BA | $2.23 |
| Kings Tower | 1 Bedroom | 1BR,1BA | $2.18 |
| 81 Westwood Dr | 1 Bedroom Model | 1BR,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 $2,340.
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 33 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 $860 which is $1,480 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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.