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The average monthly rent in Waterloo is up 1% compared to last month but down 3.38% year-over-year.
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All rentals
3h ago
1–2 beds
1–2 baths
$2,141–$2,867
Apartment for rent
5h ago
736 Old Albert St, Waterloo, ON N2L 6R4
Air conditioning | Garage parking | On-site laundry
2 beds
1 bath
$1,695–$2,095
Apartment for rent
16h ago
25 Westmount Rd N, Waterloo, ON N2L 5G7
Air conditioning | Garage parking | On-site laundry
1–2 beds
1 bath
$1,860–$2,200
Apartment for rent
21h ago
140 Lincoln Towers Apartment, Waterloo, ON N2J 4N4
Air conditioning | Garage parking | On-site laundry
1–3 beds
1–2 baths
$1,699–$2,199
Apartment for rent
1d ago
99 Milford Ave, Waterloo, ON N2L 0L2
In-unit laundry | Air conditioning | On-site laundry
2 beds
1 bath
$1,900–$2,150
Apartment for rent
1d ago
611 Davenport Rd, Waterloo, ON N2L 0L3
In-unit laundry | Air conditioning | On-site laundry
1–2 beds
1–2 baths
$2,081–$2,972
Apartment for rent
1d ago
2 beds
1 bath
$2,145–$2,320
Apartment for rent
1d ago
1–2 beds
1 bath
$1,690–$2,070
Apartment for rent
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1d ago
383 Albert St, Waterloo, ON N2L 6E3
Air conditioning | Garage parking | On-site laundry
2 beds
1 bath
$1,849
Apartment for rent
5h ago
274 Erb St W, Waterloo, ON N2L 1W2
Air conditioning | Garage parking | On-site laundry
2 beds
1 bath
$1,975–$2,025
Apartment for rent
Assigned Parking
Dishwasher
On-Site Laundry
Air Conditioning
12h ago
97 91-97 Milford Avenue, Waterloo, ON N2L 3Z5
Assigned parking | Central heat | Storage
3 beds
1 bath
$2,100
Apartment for rent
14h ago
1–2 beds
1 bath
$1,849–$2,199
Apartment for rent
19h ago
605 Davenport Rd, Waterloo, ON N2L 6H8
On-site laundry | Assigned parking | Central heat
1 bed
1 bath
$1,497
Apartment for rent
20h ago
300 Regina St N, Waterloo, ON N2J 3B8
Fitness center | Elevator | Dishwasher
1–2 beds
1–2 baths
$1,825–$2,020
Apartment for rent
21h ago
1–2 beds
1–2 baths
$1,599–$1,899
Price drop
Apartment for rent
Available May 1
21h ago
55 Caroline St N, Waterloo, ON N2L 6B9
Garage parking | On-site laundry | Assigned parking
1–2 beds
1 bath
$1,899–$2,199
Apartment for rent
1d ago
Studio–2 beds
1–2 baths
$1,550–$2,610
Apartment for rent
1d ago
2 beds
1 bath
$2,099
Apartment for rent
1d ago
2 beds
1 bath
$2,295
Apartment for rent
1d ago
1–2 beds
1–2 baths
$2,175–$3,215
Apartment for rent
4d ago
1–2 beds
1 bath
$1,895–$2,195
Apartment for rent
5d+ ago
2 beds
1 bath
$2,095
Apartment for rent
Available Jul 1
5d+ ago
1–2 beds
1–2 baths
$1,811–$2,487
Apartment for rent
Available Sep 4
5d+ ago
1–2 beds
1–2 baths
$2,425–$2,999
Apartment for rent
5d+ ago
29 & 29 Barrel Yards Blvd., Waterloo, ON N2L 0C5
In-unit laundry | Air conditioning | Garage parking
1 bed
1 bath
$2,399
Apartment for rent
5d+ ago
17 Barrel Yards Blvd, Waterloo, ON N2L 0E4
In-unit laundry | Air conditioning | Garage parking
1 bed
1 bath
$2,099–$2,249
Apartment for rent
5d+ ago
5 beds
2 baths
$785
Apartment for rent
5d+ ago
1–2 beds
1–2 baths
$1,919–$2,679
Apartment for rent
21h ago
74 Weber St S && 184 Allen St E, Waterloo, ON N2J None
On-site laundry | Assigned parking | Storage
2 beds
1 bath
$2,001–$2,051
Price drop
Apartment for rent
Available May 1
23h ago
500 Glenelm Cres, Waterloo, ON N2L 5C8
On-site laundry | Elevator | On-site management
1–3 beds
1 bath
$1,680–$2,519
Price drop
Apartment for rent
4d ago
1–3 beds
1 bath
$1,722–$2,349
Price drop
Apartment for rent
3h ago
1 Columbia St W, Waterloo, ON N2L 0C8
Air conditioning | Garage parking | On-site laundry
1 bed
1–5 baths
$915–$1,949
Price drop
Apartment for rent
Available Sep 1
14h ago
1–2 beds
1 bath
$1,650–$1,850
Apartment for rent
16h ago
1 bed
1 bath
$1,599
Apartment for rent
1d ago
593 Mount Anne Dr, Waterloo, ON N2L 4W6
In-unit laundry | Air conditioning | On-site laundry
2 beds
1 bath
$1,595
Apartment for rent
2d ago
Lincoln Heights house for rent in Waterloo
4 beds
2 baths
$3,200
House for rent
Available Sep 1
3d ago
1 bed
1 bath
$1,699
Price drop
Apartment for rent
3d ago
1–2 beds
1 bath
$1,886–$2,101
Apartment for rent
4d ago
75 Milford Ave && 499 Barrie Pl, Waterloo, ON N2L None
On-site laundry | Balcony | Assigned parking
1 bed
1 bath
$1,700–$1,800
Price drop
Apartment for rent
Available Mar 1
4d ago
104 & 104 Union Blvd, Waterloo, ON N2M 2R9
On-site laundry | Assigned parking | Storage
1–2 beds
1 bath
$1,965–$2,097
Apartment for rent
Available Feb 1
4d ago
1 Amos Ave && 337 Erb St W, Waterloo, ON N2L None
On-site laundry | Assigned parking | Storage
1–2 beds
1 bath
$1,762–$2,189
Price drop
Apartment for rent
Available Feb 1
5d+ ago
Lakeshore apartment for rent in Waterloo
On-site management | On-site laundry
Studio
0 baths
$1,649
Apartment for rent
Available May 1
5d+ ago
Downtown Waterloo condo for rent in Waterloo
2 beds
1 bath
$2,350
Condo for rent
Available Oct 1
5d+ ago
21 Columbia St W, Waterloo, ON N2L 3K4
Furnished | Air conditioning | On-site laundry
1 bed
2 baths
$812
Apartment for rent
Available Sep 1
5d+ ago
Columbia Forest townhouse for rent in Waterloo
In-unit laundry | Air conditioning | Garage parking
3 beds
3 baths
$4,950
House for rent
Available Sep 24
5d+ ago
167 King St N, Waterloo, ON N2J 0B6
Furnished | Air conditioning | Garage parking
1 bed
2 baths
$812
Price drop
Apartment for rent
Available Sep 1
5d+ ago
345 King St N, Waterloo, ON N2J 2Z1
Furnished | Air conditioning | Garage parking
1 bed
2 baths
$845
Price drop
Apartment for rent
Available Sep 1
5d+ ago
Lincoln Heights condo for rent in Waterloo
Air conditioning | Garage parking | On-site laundry
1 bed
1 bath
$1,800
Condo for rent
Available Nov 1
23h ago
Verified
5 beds
2 baths
$3,000
$2,900
Price drop
House for rent
Available Sep 1
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Waterloo rent data for:
As of today, you'll find 127 apartments for rent in Waterloo, with a median rent price of $2,025 per month. Waterloo has seen a 3%—or $68—decrease in median rent price compared to the previous year.Average Rent
$2,025Year Over Year Change
-3%
$68
Rentals available, last 30 days
127
The average rent in Waterloo, ON, for rentals of all sizes and types, is $2,025, which is a 3.38% decrease year-over-year.
The monthly rent for 1-bedroom apartments in Waterloo, ON is about $1,849. The average rent for 2-bedroom apartments in Waterloo, ON is $2,095, and studios are about $795 per month.
See more Waterloo, ON rent data on our rent research page.
Residents or visitors looking to take public transit can hop on a bus run by Grand River Transit (GRT) to navigate Waterloo and nearby areas.
Scores for Waterloo are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
We surveyed 10,000 renters across the country about what it's like living in their cities and neighborhoods. In Waterloo, 70% of residents reported feeling satisfied or very satisfied with the city overall, which is higher than the national average of 66%.
Top Three Reasons to Live in Waterloo
Parks & recreation
80%Satisfaction rating
Pet friendly
70%Satisfaction rating
Public transportation
60%Satisfaction rating
Other Things to Consider
Data last updated in 2024. Do you live here? Take our survey and share your experience.
How we got this dataThe average rent for a 1-bedroom apartment in Waterloo, ON is approximately $1,865, while a 2-bedroom apartment costs around $2,242.
Rent prices in Waterloo have been increasing, with a general rise of about 4% for various apartment sizes. However, studio apartments have seen a decrease in rent.
October is the least competitive month for apartment hunting in Waterloo, making it a good time to find a deal with less competition. January is the most competitive month.
Downtown Waterloo, Maple Hills, and Lakeshore are among the most popular neighborhoods, offering a blend of urban living and natural beauty. Maple Hills is particularly sought after, receiving significantly more inquiries than average.
Lakeshore is a budget-friendly neighborhood in Waterloo, with 1-bedroom rents 8% lower than the city median, making it an attractive option for those looking to save on rent.
Yes, about 64.22% of listings in Waterloo are pet-friendly, making it a great option for renters with pets.
Utilities are included in about 13% of rental listings in Waterloo.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
🔑Available apartment rentals | 210 |
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💰Best rent deal | 203 Lester St |
✨Popular amenities | , , |
🧦In-unit laundry | |
🍽With dishwasher | |
🏠With photos |