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Cheap Apartments for Rent in Downtown Waterloo, Waterloo, ON

34 rentals

MUST APPLY AT UWCORNER. COM - Photo 1 of 1

1d 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
Business Center
Concierge Service
Fitness Center
Furnished
On-Site Laundry
APPLY AT UWCORNER. COM - Photo 1 of 1

20h 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
Storage
Swimming Pool
APPLY AT UWCORNER. COM - Photo 1 of 1

20h 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
Fitness Center
Garage Parking
In-Unit Laundry
On-Site Laundry
Roof Deck
MUST APPLY AT UWCORNER COM - Photo 1 of 1

20h 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
Business Center
Carpet
Controlled Access
In-Unit Laundry
On-Site Management
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

$700

Apartment for rent

Available Feb 2

345 King Street North - Photo 1 of 1
Rent special

3d ago

9.4

Excellent

345 King Street North

345 King St N, Waterloo, ON N2J 2Z1

Affordable | On-site laundry | Garage parking

1 bed

0 baths

$724–$965

Apartment for rent

Available Sep 1

Top amenities
Controlled Access
Elevator
Fitness Center
Garage Parking
On-Site Laundry
On-Site Management

Nearby rental good for eco-living

Nearby rental good for pet owners

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

$750

Apartment for rent

Available Feb 10

261 - 261 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

$750

Apartment for rent

Available Feb 10

Top amenities
Furnished
On-Site Laundry
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261 - 261 Lester St #3 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo townhouse for rent in Waterloo

Affordable | On-site laundry | Dishwasher

5 beds

2 baths

$750

House for rent

Available Feb 10

Top amenities
Dishwasher
On-Site Laundry
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 Feb 10

Top amenities
Air Conditioning
On-Site Laundry
Advertisement

Find sweet deals in Downtown Waterloo

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

$699

45 Columbia St W

$1,900

2 Elgin Cres #2

$2,200

103 2-103 Elgin Cres

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 Feb 10

Top amenities
On-Site Laundry
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

$750

Apartment for rent

Available Feb 10

Top amenities
Furnished
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 Feb 10

Top amenities
Air Conditioning
On-Site Laundry
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

$750

Apartment for rent

Available Feb 10

Top amenities
Furnished
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 Feb 10

Top amenities
Furnished
On-Site Laundry

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

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

Affordable

1 bed

1 bath

$750

Apartment for rent

Available May 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

$750

Apartment for rent

Available May 1

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 Oct 10

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58 Bridgeport Rd E #1 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo condo for rent in Waterloo

58 Bridgeport Rd E #1, Waterloo, ON N2J 4H5

Affordable

1 bed

1.5 baths

$750

Condo for rent

Available Jan 1

[Move-in Today] Last room, right across UW - Must apply at www UWCorner com - Photo 1 of 1

20h 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
Door Person
Garage Parking
On-Site Laundry
On-Site Management
Residents Lounge
Storage
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

$825

House for rent

Available Sep 1

Top amenities
Air Conditioning
Dishwasher
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

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

Affordable | On-site laundry | Dishwasher

5 beds

2 baths

$825

House for rent

Available Sep 1

Top amenities
Air Conditioning
Central Heat
Elevator
Furnished
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

$825

House for rent

Available Sep 1

Top amenities
Air Conditioning
Dishwasher
Elevator
Furnished
On-Site Laundry
On-Site Management
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

$900

Apartment for rent

Available Dec 18

MUST APPLY AT UWCORNER. COM - Photo 1 of 1

5d+ 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
Hardwood Floor
On-Site Laundry
Roof Deck
Swimming Pool
258A 258a Sunview St #1157 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo townhouse for rent in Waterloo

258A 258a Sunview St #1157, Waterloo, ON N2L 0H6

Affordable | In-unit laundry | Assigned parking

3 beds

2 baths

$1,125

House for rent

Available Feb 25

Top amenities
Air Conditioning
Dishwasher
Elevator
Furnished
In-Unit Laundry
On-Site Laundry
Advertisement
2 Elgin Cres #2 - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

Elgin Cres

2 Elgin Cres #2, Waterloo, ON N2J None

Affordable | In-unit laundry | Garage parking

3 beds

1 bath

$2,200

$1,900

Price drop

Apartment for rent

Available May 1

Top amenities
Dishwasher
Garage Parking
In-Unit Laundry
On-Site Laundry
Storage
103 2-103 Elgin Cres - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

103 2-103 Elgin Cres, Waterloo, ON N2J 2S3

Affordable | In-unit laundry | Assigned parking

3 beds

1 bath

$2,200

Apartment for rent

Top amenities
Dishwasher
In-Unit Laundry
On-Site Laundry
30 Hickory St East #207 - Photo 1 of 1

5d+ ago

Cheap Downtown Waterloo apartment for rent in Waterloo

30 Hickory St East #207, Waterloo, ON N2J 3H7

Affordable | On-site laundry | Assigned parking

3 beds

1 bath

$2,400

Apartment for rent

Available Aug 30

Top amenities
Assigned Parking
Furnished
Hardwood Floor
On-Site Laundry
Showing 1 - 29 of 29 results
Home > Apartments in Waterloo > Downtown Waterloo > Downtown Waterloo Cheap Apartments For Rent
Updated: March 19, 2026

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

💸Lowest price$500
🔑Available apartment rentals34
💰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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