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Cheap Apartments for Rent in Downtown Waterloo, Waterloo, ON

25 rentals available

MUST APPLY AT UWCORNER. COM - Photo 1 of 1

4d ago

9.4

Excellent

MUST APPLY AT UWCORNER. COM

113 Westmount Road North, Waterloo, ON N2L 5G5

Affordable | In-unit laundry | Garage parking

1 bed

1 bath

$500

Apartment for rent

Available Dec 1

Top amenities
Air Conditioning
Door Person
Furnished
Garage Parking
On-Site Management
Storage
251 Lester St #251 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo townhouse for rent in Waterloo

Affordable | In-unit laundry | Assigned parking

5 beds

2 baths

$695

House for rent

Available Aug 1

Top amenities
Air Conditioning
Assigned Parking
Elevator
In-Unit Laundry
On-Site Laundry
On-Site Management
253 Lester St #1 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo townhouse for rent in Waterloo

Affordable | In-unit laundry | Assigned parking

5 beds

2 baths

$700

House for rent

Available Aug 1

Top amenities
Dishwasher
Elevator
Furnished
In-Unit Laundry
On-Site Laundry
On-Site Management
253 - 253 Lester St #4 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

Affordable | On-site laundry | Assigned parking

5 beds

2 baths

$700

Apartment for rent

Available May 1

Top amenities
Assigned Parking
On-Site Laundry
251 - 251 Lester St #4 - Photo 1 of 1

3d ago

Cheap Downtown Waterloo apartment for rent in Waterloo

Affordable | On-site laundry | Furnished

5 beds

2 baths

$750

Apartment for rent

Available Sep 4

Top amenities
On-Site Laundry
253 - 253 Lester St #5 - Photo 1 of 1

3d ago

Cheap Downtown Waterloo apartment for rent in Waterloo

Affordable | On-site laundry | Furnished

5 beds

2 baths

$750

Apartment for rent

Available Aug 1

Top amenities
On-Site Laundry

Nearby rental good for eco-living

Nearby rental good for pet owners

261 Lester St #1 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo townhouse for rent in Waterloo

Affordable | In-unit laundry | Assigned parking

5 beds

2 baths

$750

House for rent

Available Aug 1

Top amenities
Dishwasher
Elevator
Furnished
In-Unit Laundry
On-Site Laundry
On-Site Management
271 Lester St #1 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo townhouse for rent in Waterloo

Affordable | In-unit laundry | Assigned parking

5 beds

2 baths

$750

House for rent

Available Aug 1

Top amenities
Air Conditioning
Dishwasher
Elevator
In-Unit Laundry
On-Site Laundry
On-Site Management
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86 University Ave W - Photo 1 of 1

5h ago

Cheap Downtown Waterloo apartment for rent in Waterloo

86 University Ave W, Waterloo, ON N2L 3C8

Affordable | On-site laundry | Air conditioning

5 beds

4 baths

$862

Apartment for rent

Available Sep 1

Top amenities
Elevator
On-Site Laundry
MUST APPLY AT UWCORNER. COM - Photo 1 of 1

1d ago

9.3

Excellent

MUST APPLY AT UWCORNER. COM

155 Westcourt Place, Waterloo, ON N2L 2R7

Affordable | In-unit laundry | Garage parking

2 beds

2 baths

$950

Apartment for rent

Available Oct 1

Top amenities
Business Center
Carpet
Central Heat
Hardwood Floor
On-Site Laundry
Roof Deck
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These rentals are 10%-30% cheaper than the local average price for similar rentals.

$611

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$611

Downtown Waterloo

$2,425

Downtown Waterloo

$2,320

Downtown Waterloo

295 Lester St - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

295 Lester St, Waterloo, ON N2L 0C1

Affordable | On-site laundry | Storage

5 beds

5 baths

$1,000

Apartment for rent

Available Sep 1

Top amenities
On-Site Laundry
Storage
308 King Street North - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

308 King Street North, Waterloo, ON N2J 0G4

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,240

Apartment for rent

Available Sep 2

Top amenities
Air Conditioning
Controlled Access
Furnished
In-Unit Laundry
On-Site Management
Residents Lounge
Giorgio - Photo 1 of 1
Rent special
New construction

1d ago

9

Excellent

Giorgio

900 King St W, Kitchener, ON N2G 1G5

Affordable | In-unit laundry | Garage parking

Studio–1 bed

1 bath

$1,473–$1,673

Apartment for rent

Top amenities
Air Conditioning
Elevator
Fitness Center
Garage Parking
Hardwood Floor
On-Site Laundry
200 Shakespeare Drive - Photo 1 of 1

1d ago

8.8

Very good

200 Shakespeare Drive

200 Shakespeare Dr, Waterloo, ON N2L 6C1

Affordable | On-site laundry | Storage

Studio–2 beds

1 bath

$1,520–$2,005

Apartment for rent

Top amenities
Microwave
On-Site Laundry
On-Site Management
Residents Lounge
Storage
Parkside Tower - Photo 1 of 1

3d ago

10

Excellent

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Verified

Parkside Tower

400 Parkside Dr, Waterloo, ON N2L 6E5

Affordable | On-site laundry | On-site management

2 beds

1 bath

$1,645

Apartment for rent

Top amenities
On-Site Laundry
On-Site Management
Richmond Square - Photo 1 of 1

3d ago

8.8

Very good

Richmond Square

300 Regina St N, Waterloo, ON N2J 3B8

Affordable | On-site laundry | Dishwasher

1–3 beds

1 bath

$1,730–$2,320

Apartment for rent

Top amenities
Fitness Center
On-Site Laundry
On-Site Management
Avenue Apartments - Photo 1 of 1

5d+ ago

8.8

Very good

Avenue Apartments

137 University Ave W, Waterloo, ON N2L 3E6

Affordable | On-site laundry | Dishwasher

1–3 beds

1 bath

$1,735–$2,425

Apartment for rent

Top amenities
Dishwasher
Elevator
On-Site Laundry
On-Site Management
Storage
Wheelchair Accessible
The Carmine - Photo 1 of 1

3d ago

8.3

Very good

The Carmine

528 Lancaster St W, Kitchener, ON N2K 0H7

Affordable | Storage | Fitness center

1–2 beds

1–2 baths

$1,750–$2,375

Apartment for rent

Top amenities
Residents Lounge
Storage
Advertisement
The Shanley - Photo 1 of 1
New construction

2d ago

8.5

Very good

The Shanley

415 Duke St W, Kitchener, ON N2H None

Affordable | Garage parking

1–3 beds

1–2 baths

$1,800–$2,700

Apartment for rent

The Now - Photo 1 of 1
New construction
3D tour

17h ago

8.8

Very good

The Now

428 410-414 Westhaven Street, Waterloo, ON N2T 2Z8

Affordable | Garage parking | Storage

1–2 beds

1–2 baths

$1,900–$2,500

Apartment for rent

Top amenities
Garage Parking
Residents Lounge
Storage
Vertikal - Photo 1 of 1
Rent special
New construction

3d ago

8.7

Very good

Vertikal

475 King St E, Kitchener, ON N2G 0E6

Affordable | In-unit laundry | Garage parking

1–2 beds

1–2 baths

$1,978–$2,750

Apartment for rent

Top amenities
Air Conditioning
Central Heat
Fitness Center
On-Site Management
Storage
Wheelchair Accessible
Margaret Place - Photo 1 of 1

1d ago

8.4

Very good

Margaret Place

315 Margaret Ave, Kitchener, ON N2H 6S5

Affordable | In-unit laundry | Garage parking

1–2 beds

1–2 baths

$1,995–$2,700

Apartment for rent

Top amenities
Air Conditioning
Dishwasher
In-Unit Laundry
On-Site Laundry
Swimming Pool
38 Marshall St ##On - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

38 Marshall St ##On, Waterloo, ON N2J 2T4

Affordable | Furnished | Balcony

4 beds

1 bath

$2,000

Apartment for rent

38 Marshall St #3 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

3-38 Marshall St

38 Marshall St #3, Waterloo, ON N2J 2T4

Affordable | Garage parking | Furnished

4 beds

1 bath

$2,000

Apartment for rent

Available Sep 1

161 Weber St N - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

161 Weber St N, Waterloo, ON N2J 3H2

Affordable | On-site laundry | Business center

4 beds

1.5 baths

$2,395

Apartment for rent

Available May 7

Top amenities
On-Site Laundry
Showing 1 - 25 of 25 results
Home > Apartments in Waterloo > Downtown Waterloo > Downtown Waterloo Cheap Apartments For Rent
Updated: August 2, 2026

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Looking for cheap apartments in Downtown Waterloo, Waterloo, ON near you?

💸Lowest price$500
🔑Available apartment rentals25
💰Best rent deal113 Westmount Road North
✨Popular amenities, ,
🧦In-unit laundry
🏠With photos

For more in depth rent prices, check out our Downtown Waterloo, Waterloo, ON rent data, which covers average and median rents in Downtown Waterloo, Waterloo, ON.

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