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Apartments for Rent in Downtown Waterloo, Waterloo, ON
All rentals
16h ago
25 Westmount Rd N, Waterloo, ON N2L 5G7
Air conditioning | Garage parking | On-site laundry
1–3 beds
1 bath
$1,595–$2,375
Apartment for rent
1d ago
1–3 beds
1–2 baths
$1,721–$2,415
Apartment for rent
2d ago
1 bed
1–2 baths
$2,070–$2,110
Apartment for rent
3d ago
1 bed
1 bath
$1,949–$2,149
Apartment for rent
3d ago
137 University Ave W, Waterloo, ON N2L 3E6
On-site laundry | Balcony | Fitness center
1–3 beds
1 bath
$1,759–$2,645
Apartment for rent
3h ago
17 Barrel Yards Blvd, Waterloo, ON N2L 0E4
In-unit laundry | Air conditioning | Garage parking
1 bed
1 bath
$1,899–$2,020
Apartment for rent
Find rentals with popular amenities
Elevator
Balcony
Air Conditioning
On-Site Laundry
1d ago
5 beds
2 baths
$633
Apartment for rent
1d ago
5 beds
2 baths
$633
Apartment for rent
Be the first to hear about new listings matching your search.
1d ago
1–2 beds
1 bath
$1,510–$2,174
Apartment for rent
Available Sep 3
1d ago
20 & 20 Barrel Yards Blvd., Waterloo, ON N2L 0C3
In-unit laundry | Air conditioning | On-site laundry
1–2 beds
1–2 baths
$1,960–$3,149
Apartment for rent
Find sweet deals in Downtown Waterloo
These rentals are 10%-30% cheaper than the local average price for similar rentals.
3d ago
258 Lester St, Waterloo, ON N2L 0K3
Furnished | Air conditioning | On-site laundry
1 bed
1 bath
$1,620–$1,775
Apartment for rent
Available Oct 15
3d ago
1–2 beds
1–2 baths
$1,471–$2,733
Apartment for rent
Available Sep 4
3d ago
1 bed
1 bath
$1,696
Apartment for rent
3d ago
20 University Ave E, Waterloo, ON N2J 2V7
Furnished | Air conditioning | On-site laundry
1–2 beds
1–2 baths
$1,652–$1,832
Apartment for rent
4d ago
2 beds
1 bath
$1,799–$1,999
Apartment for rent
5d+ ago
1 bed
1 bath
$1,699
Apartment for rent
Find similar neighborhoods
1d ago
Studio–1 bed
1 bath
$1,715–$1,989
Apartment for rent
2d ago
21 Columbia St W, Waterloo, ON N2L 3K4
Furnished | Air conditioning | On-site laundry
1 bed
0 baths
$675
Apartment for rent
2d ago
345 King St N, Waterloo, ON N2J 2Z1
Furnished | Air conditioning | Garage parking
1 bed
0 baths
$690
Apartment for rent
5d+ ago
Verified
Air conditioning | Garage parking | On-site laundry
1 bed
1 bath
$1,975
Condo for rent
Available Oct 3
![[Move-in Today] Last room, right across UW - Must apply at www UWCorner com - Photo 1 of 1](https://img.zumpercdn.com/525290932/1280x960?fit=crop&h=208&w=329)
1d ago
153 Westcourt Place, Waterloo, ON N2L 2R7
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$800
Apartment for rent
Available Sep 6
1d ago
148 Westcourt Place, Waterloo, ON N2L 2R7
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$699
Apartment for rent
Available May 5
1d ago
200 University Avenue West, Waterloo, ON N2L 3G1
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$699
Apartment for rent
Available May 8
1d ago
167 Westcourt Place, Waterloo, ON N2L 2R7
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$699
Apartment for rent
Available May 8
2d ago
113 Westmount Road North, Waterloo, ON N2L 5G5
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$500
Apartment for rent
Available Dec 1
5d+ ago
Downtown Waterloo apartment for rent in Waterloo
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$1,950
Apartment for rent
Available Jan 1
5d+ ago
155 Westcourt Place, Waterloo, ON N2L 2R7
In-unit laundry | Furnished | Air conditioning
2 beds
2 baths
$950
Apartment for rent
Available Oct 1
5d+ ago
Downtown Waterloo townhouse for rent in Waterloo
4 beds
1.5 baths
$3,200
House for rent
Available Sep 1
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Downtown Waterloo, Waterloo, ON apartments for rent
Renting in Downtown Waterloo, Waterloo, ON at a glance
As of today, Downtown Waterloo's median rent price is $1,900 per month, which is down 5%, or $100, compared to last year.
Median rent
$1,900
YoY change
−5%
−$100/mo
Rentals, last 30 days
33
| Size | Value | YoY |
|---|---|---|
| All bedrooms | $1,900 | −5% |
| 1 bedroom | $1,910 | N/A |
| 2 bedroom | $2,174 | N/A |
Why Downtown Waterloo, Waterloo is a great place to live
Downtown Waterloo stands out as a hub for individuals prioritizing social life and environmental sustainability.
The neighborhood's focus on sustainability is evident in its eco-friendly features, including the use of non-toxic paint, waste recycling and composting programs, and rainwater harvesting systems. Many buildings also incorporate sustainable materials in their construction and are equipped with energy-efficient thermostats and low-flow fixtures. Community solar projects further contribute to the area's green credentials.
Meanwhile, Downtown Waterloo's vibrant social scene is supported by its excellent street infrastructure, high transit score, and frequent transit options. The area's walk score also indicates a high level of pedestrian accessibility, making it easy to get around without a car. Additionally, the neighborhood's emphasis on safety ensures that residents can enjoy the local amenities with peace of mind. For those seeking a dynamic, eco-conscious lifestyle, Downtown Waterloo is an excellent choice.
Frequently asked questions
What is the average rent for a 1-bedroom apartment Downtown Waterloo, Waterloo, ON?
Based on Zumper's July 2026 data, one-bedroom apartments in Downtown Waterloo average around $1,890/month, down 3.3% year over year.
What is the average rent for a 2-bedroom apartment Downtown Waterloo, Waterloo, ON?
Based on Zumper's July 2026 data, two-bedroom apartments in Downtown Waterloo average approximately $2,070/month, down 15.3% from this time last year.
What is the average rent for a 3-bedroom apartment Downtown Waterloo, Waterloo, ON?
Based on our July 2026 rent data, three-bedroom apartments in Downtown Waterloo average close to $2,630/month, up 4.5% year over year.
How much does it cost to rent an apartment in Downtown Waterloo, Waterloo, ON?
Based on Zumper's July 2026 data, Downtown Waterloo rentals average around $1,920/month across all property types, down 2.2% year over year. Studios run about $1,140/month while three-bedrooms reach approximately $2,630/month.
What is the average apartment size in Downtown Waterloo, Waterloo, ON?
In our current listings, apartments in Downtown Waterloo average around 583 sqft across all unit types, with two-bedrooms running larger at close to 671 sqft and one-bedrooms averaging about 548 sqft.
What type of apartment is most common in Downtown Waterloo, Waterloo, ON?
Based on our current listings, one-bedroom apartments are the most common rental type in Downtown Waterloo, with about 90 listings available monthly out of approximately 204 total units.
What type of apartment is least common inDowntown Waterloo, Waterloo, ON?
Three-bedroom apartments and studios are equally the least common rental types in Downtown Waterloo, each averaging about 9 listings per month according to our current inventory data.
Methodology: How we got this data
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 2026 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.
Looking for apartments in Downtown Waterloo, Waterloo, ON near you?
| 🔑Available apartment rentals | 52 |
|---|---|
| 💰Best rent deal | 113 Westmount Road North |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |