Cheap Homes for Rent in Waterloo Uptown Neighborhood of Waterloo, ON from $700 (27 Rentals)

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

property at 271 Lester St

$825

5 Bedroom Rentals

Available Sep 1

271 Lester St

WaterlooONN2L 3W6
property at 261 Lester St

$825

5 Bedroom Rentals

Available Sep 1

261 Lester St

WaterlooONN2L 3W6
property at 253 Lester St

$825

5 Bedroom Rentals

Available Sep 1

253 Lester St

WaterlooONN2L 3W6

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.

property at 251 Lester St

$825

5 Bedroom Rentals

Available Sep 1

251 Lester St

WaterlooONN2L 3W6

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 99 Westwood Dr

$1,600 - $1,800

1 To 2 Bedroom Rentals

Available Mar 1

99 Westwood Dr

KitchenerONN2M 2K7
property at 10 Esson St

$1,600

1 Bedroom Rentals

Available Mar 1

10 Esson St

KitchenerONN2M 2T9

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 258 Sunview St

$1,700 - $2,915

1 To 3 Bedroom Rentals

Available Sep 4

258 Sunview St

WaterlooONN2L 0H7

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
308 King1 Bedroom 1 Den 1 Bathroom2BR,1BA$1,213
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BA$1,271
Fergus House - Student Living4 Bedroom 4 Bathroom4BR,4BA$1,285
Avenue Apartments0 Bedroom, 1 BathroomStudio,1BA$1,425
Huntington Place1 Bedroom1BR,1BA$1,449
Kings TowerStudioStudio,1BA$1,459
Westwood Drive Apartments1 Bedroom Model1BR,1BA$1,525
Sage III1BR1BR,1BA$1,600

Best Value Apartments for Rent in Waterloo Uptown, ON

As of February 02, 2026 the best value apartment in the Waterloo Uptown area is the $1.73 price per square foot 3 Beds, 2 baths Model at Ivy Towns in the in the Waterloo North East neighborhood starting from $3,150. The second greatest value Waterloo Uptown apartment is the 3 Beds, 2.5 baths Model at Ivy Two starting at $3,000 with a $1.97 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 Towns3 Beds, 2 baths3BR,2BA$1.73
Ivy Two3 Beds, 2.5 baths3BR,2.5BA$1.97
William Apartments2 Beds, 1 Baths2BR,1BA$1.79
University Place - 50 University Ave E3 Beds, 1.5 baths3BR,1.5BA$0.72
Fergus House - Student Living4 Bedroom 4 Bathroom4BR,4BA$1.31
Hespeler House - Student Living4 Bedroom 4 Bathroom4BR,4BA$1.38
Park PlaceOne Bedroom1BR,1BA$1.82
Beacon TowerOne Bedroom1BR,1BA$1.99
Westwood Drive Apartments2 Bedroom Model2BR,1BA$2.25
Margaret Place1 Bedroom1BR,1BA$2.30

Frequently Asked Questions about Waterloo Uptown

What type of rentals are currently available in Waterloo Uptown?

There are currently 313 Apartments for Rent in Waterloo Uptown, ON with pricing that ranges from $575 to $5,650. There are also 109 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo Uptown ranging from $750 to $4,400.

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 $750 to $4,400 with an average monthly rent of $1,972.

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 $2,199, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,050 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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.