Cheap Homes for Rent in Waterloo Uptown Neighborhood of Waterloo, ON from $600 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

property at 271 Lester St

$795

5 Bedroom Rentals

Available Now

271 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.

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.

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.

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 ListingModel NameBed/BathPriced From
Spring Village1 Bedroom Shared Accommodation1BR,1BA$785
University Place - 50 University Ave E6 Beds, 2 baths6BR,2BA$795
185 King St N5 Beds, 5 baths5BR,5BA$929
100 Walter StreetStudioStudio,1BA$1,390
Kings TowerStudioStudio,1BA$1,399

Best Value Apartments for Rent in Waterloo Uptown, ON

As of May 04, 2026 the best value apartment in the Waterloo Uptown area is the $1.81 price per square foot 3 Bedroom Model at Ivy Three in the in the Waterloo North East neighborhood starting from $3,400. The second greatest value Waterloo Uptown apartment is the 3 Beds, 2 baths Model at Ivy Towns starting at $3,150 with a $1.73 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.
Ivy Three3 Bedroom3BR,3BA$1.81
Ivy Towns3 Beds, 2 baths3BR,2BA$1.73
William Apartments2 Beds, 1 Baths2BR,1BA$1.80
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.72
Mayfieldview Court2 Bedroom Townhouse Premium2BR,1BA$2.23
11 Devitt Av S2 Bedroom2BR,1BA$1.75
Beacon TowerOne Bedroom1BR,1BA$1.99
Richmond Square1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.08
45 Caroline St NOne Bedroom Apartment1BR,1BA$2.23
Metropolitan Towers1 Bedroom1BR,1BA$2.13

Frequently Asked Questions about Waterloo Uptown

What type of rentals are currently available in Waterloo Uptown?

There are currently 322 Apartments for Rent in Waterloo Uptown, ON with pricing that ranges from $400 to $6,105. There are also 277 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo Uptown ranging from $600 to $5,500.

What is the current price range for Rental Homes in Waterloo Uptown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterloo Uptown ranges from $600 to $5,500 with an average monthly rent of $2,385.

How much are larger Three and Four Bedroom Rentals in Waterloo Uptown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterloo Uptown range from $795 to $6,105, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,500. Four Bedroom Single-Family rentals are also available starting from $805 and Four Bedroom Apartments start at $795.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.