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The average monthly rent in Downtown Waterloo, Waterloo is down 3.85% compared to last month and down 13.17% year-over-year.
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All rentals
1d ago
1–2 beds
2 baths
$1,949–$2,788
Apartment for rent
2d ago
1–2 beds
1 bath
$1,699–$1,999
Apartment for rent
2d ago
137 University Ave W, Waterloo, ON N2L 3E6
On-site laundry | Balcony | Fitness center
2 beds
1 bath
$1,895–$2,240
Apartment for rent
3d ago
25 Westmount Rd N, Waterloo, ON N2L 5G7
Air conditioning | Garage parking | On-site laundry
1–3 beds
1 bath
$1,695–$2,895
Apartment for rent
4d 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
2h ago
1–2 beds
1–2 baths
$2,099–$3,049
Apartment for rent
Dishwasher
Air Conditioning
On-Site Laundry
Elevator
1d ago
29 & 29 Barrel Yards Blvd., Waterloo, ON N2L 0C5
In-unit laundry | Air conditioning | Garage parking
1–2 beds
1–2 baths
$2,340–$3,350
Apartment for rent
1d ago
5 beds
2 baths
$749
Apartment for rent
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1d ago
1–2 beds
1 bath
$1,799–$2,149
Apartment for rent
1d ago
17 Barrel Yards Blvd, Waterloo, ON N2L 0E4
In-unit laundry | Air conditioning | Garage parking
1–2 beds
1–2 baths
$2,150–$2,899
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
2d ago
5 beds
2 baths
$845
Apartment for rent
2d ago
1–2 beds
1–2 baths
$1,811–$2,487
Apartment for rent
Available Sep 4
4d ago
55 Caroline St N, Waterloo, ON N2L 6B9
Garage parking | On-site laundry | Fitness center
1–2 beds
1 bath
$1,899–$2,099
Apartment for rent
4d ago
116 University Ave W, Waterloo, ON N2L 3E2
Furnished | On-site laundry | Dishwasher
4–5 beds
2 baths
$975
Apartment for rent
5d+ ago
5 beds
2 baths
$825
Apartment for rent
5d+ ago
5 beds
5 baths
$899
Apartment for rent
1d ago
Downtown Waterloo apartment for rent in Waterloo
5 beds
5 baths
$1,125–$1,150
Apartment for rent
Available Sep 3
1d ago
315 King St N, Waterloo, ON N2J 0B7
Furnished | Air conditioning | Garage parking
1 bed
1 bath
$1,250
Apartment for rent
1d ago
254 Phillip St, Waterloo, ON N2L 0E1
Furnished | Air conditioning | Garage parking
1 bed
1 bath
$1,375
Apartment for rent
2d ago
Downtown Waterloo apartment for rent in Waterloo
5 beds
5 baths
$1,000
Apartment for rent
Available Sep 1
2d ago
168 King St N, Waterloo, ON N2J 0B8
Furnished | Garage parking | On-site laundry
1 bed
0 baths
$866–$1,155
Price drop
Apartment for rent
Available Sep 1
2d ago
167 King St N, Waterloo, ON N2J 0B6
Furnished | Air conditioning | Garage parking
1 bed
0 baths
$836–$1,115
Price drop
Apartment for rent
Available May 1
2d ago
21 Columbia St W, Waterloo, ON N2L 3K4
Furnished | Air conditioning | On-site laundry
1 bed
0 baths
$742–$990
Price drop
Apartment for rent
Available Sep 1
2d ago
345 King St N, Waterloo, ON N2J 2Z1
Furnished | Air conditioning | Garage parking
1 bed
0 baths
$724–$965
Apartment for rent
Available Sep 1
2d ago
333 King St N, Waterloo, ON N2J 2Z1
Furnished | Air conditioning | Garage parking
1 bed
1 bath
$1,200
Apartment for rent
3d ago
Downtown Waterloo condo for rent in Waterloo
1 bed
1 bath
$1,699
$1,599
Price drop
Condo for rent
Available Mar 1
3d ago
181 Lester St, Waterloo, ON N2L 0C2
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$1,225
Apartment for rent
4d ago
1 Columbia St W, Waterloo, ON N2L 0C8
Air conditioning | Garage parking | On-site laundry
1 bed
0 baths
$765–$1,020
Price drop
Apartment for rent
Available Sep 1
1d ago
Downtown Waterloo townhouse for rent in Waterloo
258A 258a Sunview St #1210, Waterloo, ON N2L 0H6
In-unit laundry | Air conditioning | Dishwasher
2 beds
1 bath
$2,070
House for rent
Available May 1
1d 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
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$2,070
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$2,050
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$2,050
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$2,050
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
1 bed
1 bath
$1,697
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
3 beds
2 baths
$2,915
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
3 beds
1 bath
$3,000
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$2,020
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$1,920
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$2,180
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$2,020
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
258B Sunview St #2152, Waterloo, ON N2L 0H6
2 beds
1 bath
$2,050
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$2,075
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$1,950
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$2,170
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$2,000
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$1,970
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
258A 258a Sunview St #129, Waterloo, ON N2L 0H6
In-unit laundry | Furnished | Air conditioning
2 beds
1 bath
$2,050
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
258B 258b Sunview St #2816, Waterloo, ON N2L 0H7
In-unit laundry | Furnished | Air conditioning
2 beds
1 bath
$1,970
House for rent
Available Sep 4
2d ago
Downtown Waterloo townhouse for rent in Waterloo
258A 258a Sunview St #1112, Waterloo, ON N2L 0H6
In-unit laundry | Furnished | Air conditioning
2 beds
1 bath
$2,075
House for rent
Available Sep 4
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2 rentals
Downtown Waterloo offers a very strong selection of rental listings, with an average of 112 rentals available each month in 2024. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom units. Many of these apartments feature desirable amenities, including elevators, on-site laundry, and dishwashers, which are available in approximately 75-80% of rentals. This neighborhood's convenient amenities and diverse range of rentals make it a popular choice for renters in Waterloo.
Downtown Waterloo's rental market experienced a modest 4.9% year-over-year increase in average rent across all property types, reaching $2,098 per month in 2024. The trend varies by bedroom count, with 1-bedrooms averaging $1,854, a 2.2% decrease from the previous year, and 2-bedrooms renting for $2,528, a negligible 0.1% increase. Studios saw an 8.2% decline, averaging $885 per month.
The rental market in Downtown Waterloo is most competitive in September, with rents peaking at 26.5% higher than January, the least expensive month. This significant fluctuation presents an opportunity for budget-conscious renters to find better deals during the off-season. Overall, the area's rental market is characterized by moderate growth, with some variations in pricing depending on the time of year and bedroom count.
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.
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.
The average size of a 1 bedroom apartment rental in Downtown Waterloo is 458 square feet. The average size of a 2 bedroom apartment rental in Downtown Waterloo is 503 square feet. The average size of a 3 bedroom apartment rental in Downtown Waterloo is 609 square feet.
To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Downtown Waterloo average rent prices.
1 bedroom apartments are the most common type of rentals in Downtown Waterloo, Waterloo, ON right now.
Studio apartments are the least common type of rentals in Downtown Waterloo, Waterloo, ON right now.
| 🔑Available apartment rentals | 160 |
|---|---|
| 💰Best rent deal | 345 King St N |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |