
Cheap Homes for Rent in Waterloo Uptown Neighborhood of Waterloo, ON from $600 (25 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterloo Uptown area of Waterloo.


158 King St N

38 Noecker St

38 Noecker St

12 Bridgeport Rd E

12 Bridgeport Rd E
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.

43 Dupont St E

43 Dupont St E

271 Lester St

16 Marshall St

16 Marshall St

16 Marshall St
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.

16 Marshall St

166 Elgin Crescent

166 Elgin Crescent

288 Albert St

288 Albert St

124 King St N
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.

124 King St N

61 Waterloo St

61 Waterloo St

61 Waterloo St

61 Waterloo St

275 Larch St
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.

275 Larch St
Waterloo Uptown, Waterloo, ON Local Guide

How much does it cost to rent a home in Waterloo Uptown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Uptown 2 Bedroom Homes for Rent | $2,181 | $1,250 | $3,500 |
| Waterloo Uptown 3 Bedroom Homes for Rent | $2,579 | $1,599 | $3,500 |
| Waterloo Uptown 4 Bedroom Homes for Rent | $2,111 | $805 | $3,995 |
| Waterloo Uptown 5 Bedroom Homes for Rent | $2,929 | $750 | $5,500 |
| Waterloo Uptown 6 Bedroom Homes for Rent | $812 | $725 | $900 |
Browse Homes for Rent in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Waterloo Uptown Neighborhood of Waterloo, ON.
Explore Waterloo
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 |
Best Value Apartments for Rent in Waterloo Uptown, ON
As of June 19, 2026 the best value apartment in the Waterloo Uptown area is the $2.25 price per square foot The Mckenzie - 2 Bed + Den Model at The Barrel Yards in the in the Waterloo North West neighborhood starting from $3,030. 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. |
|---|---|---|---|
| The Barrel Yards | The Mckenzie - 2 Bed + Den | 2BR,2BA | $2.25 |
| 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 Waterloo Uptown
What type of rentals are currently available in Waterloo Uptown?
There are currently 323 Apartments for Rent in Waterloo Uptown, ON with pricing that ranges from $500 to $6,105. There are also 466 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 $1,998.
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 $1,599 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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.