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Cheap Apartments for Rent in Downtown Waterloo, Waterloo, ON

26 rentals

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
Dry Cleaning Service
Garage Parking
On-Site Management
Swimming Pool
261 - 261 Lester Street #3 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

261 - 261 Lester Street #3, Waterloo, ON N2L 3W6

Affordable

1 bed

1 bath

$550

Apartment for rent

Available May 1

261 - 261 Lester Street #5 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

261 - 261 Lester Street #5, Waterloo, ON N2L 3W6

Affordable

1 bed

1 bath

$550

Apartment for rent

Available May 1

261 - 261 Lester Street #1 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

261 - 261 Lester Street #1, Waterloo, ON N2L 3W6

Affordable

1 bed

1 bath

$550

Apartment for rent

Available May 1

261 - 261 Lester Street #2 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

261 - 261 Lester Street #2, Waterloo, ON N2L 3W6

Affordable

1 bed

1 bath

$550

Apartment for rent

Available May 1

251 - 251 Lester Street #1 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

251 - 251 Lester Street #1, Waterloo, ON N2L 3W6

Affordable

5 beds

2 baths

$600

Apartment for rent

Available May 1

Nearby rental good for eco-living

Nearby rental good for pet owners

251 - 251 Lester St #2 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

Affordable | On-site laundry | Dishwasher

5 beds

2 baths

$675

Apartment for rent

Available May 1

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

3d ago

9.3

Excellent

APPLY AT UWCORNER. COM

167 Westcourt Place, Waterloo, ON N2L 2R7

Affordable | In-unit laundry | Assigned parking

1 bed

1 bath

$699

Apartment for rent

Available May 8

Top amenities
Air Conditioning
Assigned Parking
Fireplace
In-Unit Laundry
Swimming Pool
Wheelchair Accessible
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APPLY AT UWCORNER. COM - Photo 1 of 1

3d ago

9.4

Excellent

APPLY AT UWCORNER. COM

200 University Avenue West, Waterloo, ON N2L 3G1

Affordable | In-unit laundry | Garage parking

1 bed

1 bath

$699

Apartment for rent

Available May 8

Top amenities
Air Conditioning
Business Center
Concierge Service
In-Unit Laundry
On-Site Management
Residents Lounge
MUST APPLY AT UWCORNER COM - Photo 1 of 1

3d ago

9.4

Excellent

MUST APPLY AT UWCORNER COM

148 Westcourt Place, Waterloo, ON N2L 2R7

Affordable | In-unit laundry | Garage parking

1 bed

1 bath

$699

Apartment for rent

Available May 5

Top amenities
Assigned Parking
Carpet
Controlled Access
Garage Parking
In-Unit Laundry
On-Site Laundry
Advertisement

Find sweet deals in Downtown Waterloo

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$700

271 - 271 Lester Street #4

$1,600

330 Columbia St W

271 - 271 Lester Street #4 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

LESTER (271) - 302 - Unit 4

271 - 271 Lester Street #4, Waterloo, ON N2L 3W6

Affordable

5 beds

2 baths

$700

Apartment for rent

Available May 1

253 - 253 Lester Street #2 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

LESTER ST (253) - 404 - 2

253 - 253 Lester Street #2, Waterloo, ON N2L 3W6

Affordable

5 beds

2 baths

$720

Apartment for rent

Available May 1

253 - 253 Lester St #4 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

Affordable | On-site laundry | Dishwasher

5 beds

2 baths

$750

Apartment for rent

Available May 1

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

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

Affordable | On-site laundry | Dishwasher

5 beds

2 baths

$750

Apartment for rent

Available May 1

Top amenities
On-Site Laundry
251 - 251 Lester St #3 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

Affordable | On-site laundry | Dishwasher

5 beds

2 baths

$750

Apartment for rent

Available May 1

Top amenities
Air Conditioning
On-Site Laundry
251 - 251 Lester St #5 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

Affordable | On-site laundry | Dishwasher

5 beds

2 baths

$750

Apartment for rent

Available May 1

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

5d+ ago

Cheap Downtown Waterloo townhouse for rent in Waterloo

253 Lester St #1, Waterloo, ON N2L 3W6

Affordable | On-site laundry | Dishwasher

5 beds

2 baths

$795

$750

Price drop

House for rent

Available May 1

Top amenities
Air Conditioning
Central Heat
Controlled Access
Elevator
On-Site Laundry
On-Site Management
251 Lester St #251 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo townhouse for rent in Waterloo

251 Lester St #251, Waterloo, ON N2L 3W6

Affordable | On-site laundry | Dishwasher

5 beds

2 baths

$795

$750

Price drop

House for rent

Available May 1

Top amenities
Air Conditioning
Dishwasher
Elevator
Furnished
On-Site Laundry
On-Site Management
Advertisement
253 - 253 Lester Street #3 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

253 - 253 Lester Street #3, Waterloo, ON N2L 3W6

Affordable

5 beds

2 baths

$750

Apartment for rent

Available May 1

251 - 251 Lester St #4 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

Affordable | On-site laundry | Dishwasher

5 beds

2 baths

$795

Apartment for rent

Available May 1

Top amenities
Furnished
On-Site Laundry
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

$795

House for rent

Available May 1

Top amenities
Air Conditioning
Dishwasher
Elevator
In-Unit Laundry
On-Site Laundry
On-Site Management
[Move-in Today] Last room, right across UW - Must apply at www UWCorner com - Photo 1 of 1

3d ago

9.1

Excellent

[Move-in Today] Last room, right across UW - Must apply at www UWCorner com

153 Westcourt Place, Waterloo, ON N2L 2R7

Affordable | In-unit laundry | Garage parking

1 bed

1 bath

$800

Apartment for rent

Available Sep 6

Top amenities
Controlled Access
Fireplace
Fitness Center
High Ceilings
Residents Lounge
Storage
MUST APPLY AT UWCORNER. COM - Photo 1 of 1

2d 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
Carpet
Central Heat
Garage Parking
Hardwood Floor
Storage
Swimming Pool
Showing 1 - 23 of 23 results

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Home > Apartments in Waterloo > Downtown Waterloo > Downtown Waterloo Cheap Apartments For Rent
Updated: May 4, 2026

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

💸Lowest price$500
🔑Available apartment rentals26
💰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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