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Apartments for Rent in Downtown Waterloo, Waterloo, ON

114 rentals

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

5d+ ago

Downtown Waterloo apartment for rent in Waterloo

271 - 271 Lester Street #1, Waterloo, ON N2L 3W6

5 beds

2 baths

$750

Apartment for rent

Available Nov 1

Fully Furnished Student Housing Near Campus

Ideal for students, this fully furnished 5-bedroom apartment features 2 full bathrooms and includes internet with all utilities. Conveniently located just steps from the University of Waterloo and Wilfrid Laurier University, it offers easy access to stores, restaurants, and public transit. Enjoy the comfort of air conditioning and on-site laundry in this vibrant Downtown Waterloo location. Secure your spot today!

258A Sunview St #1818 - Photo 1 of 1

5d+ ago

Downtown Waterloo townhouse for rent in Waterloo

258A Sunview St #1818, Waterloo, ON N2L 0H6

2 beds

1 bath

$2,050

House for rent

Available Sep 2

Modern Student Living with Den in Waterloo's Heart

Enjoy premium student living in this stylish 1-bedroom + den unit located in the vibrant downtown student district. Ideal for two occupants, it features modern finishes, in-suite laundry, and comes fully furnished. Enjoy $200 off rent for the first 3 months! Walk to campus, dining, and amenities with on-site parking available. Internet is included, making it an ideal space for studying and relaxation. Secure this limited availability unit now!

258 A Sunview St Unit - 1818 #1818 - Photo 1 of 1

5d+ ago

Downtown Waterloo townhouse for rent in Waterloo

258 A Sunview St Unit - 1818 #1818, Waterloo, ON N2L 0H6

In-unit laundry | Furnished | On-site laundry

2 beds

1 bath

$2,050

House for rent

Available Sep 2

Trendy Student Townhouse with Den & Modern Touches

Premium living in this stylish 1-bedroom + den townhouse, perfect for students at nearby universities. Enjoy modern finishes, in-suite laundry, and fully furnished spaces. Ideal for two occupants, with a chance to save $200 on rent for three months. Located steps away from campus, shops, and dining. Internet included, with convenient parking options available. Secure your spot for September 2025 in this vibrant community!

258B 258b Sunview St #2116 - Photo 1 of 1

5d+ ago

Downtown Waterloo townhouse for rent in Waterloo

258B 258b Sunview St #2116, Waterloo, ON N2L 0H7

In-unit laundry | Furnished | On-site laundry

Studio

1 bath

$2,000

House for rent

Available Sep 2

Modern Student Townhouse in Prime Location

This sleek 1-bedroom + den townhouse is perfect for student living, featuring modern finishes and stylish furnishings. Ideal for two, the den can serve as an extra bedroom. Enjoy in-suite laundry, included internet, and the convenience of on-site parking. Located steps from the University of Waterloo and dining options, this energy-efficient unit offers a great blend of comfort and accessibility. Secure your spot now and enjoy $200 off rent for the first three months!

258B 258b Sunview St #2123 - Photo 1 of 1

5d+ ago

Downtown Waterloo townhouse for rent in Waterloo

258B 258b Sunview St #2123, Waterloo, ON N2L 0H7

In-unit laundry | Furnished | On-site laundry

Studio

1 bath

$2,000

House for rent

Available Sep 2

Modern Student Living with Convenient Den

Experience premium living in this stylish 1-bedroom + den unit, perfectly located near major universities. Fully furnished and featuring modern finishes, in-suite laundry, and included internet, this space is ideal for students or roommates. Enjoy the convenience of walking to campus, local restaurants, and amenities, all while benefiting from a special offer of $200 off rent for the first three months. Pet-friendly and a perfect fit for an active student lifestyle!

258B 258b Sunview St #2210 - Photo 1 of 1

5d+ ago

Downtown Waterloo townhouse for rent in Waterloo

258B 258b Sunview St #2210, Waterloo, ON N2L 0H7

In-unit laundry | Furnished | On-site laundry

Studio

1 bath

$2,000

House for rent

Available Sep 2

Modern Townhouse with Ideal Student Living Features

Premium living awaits in this stylish 1-bedroom + den unit, perfect for students in the heart of Waterloo. Enjoy modern finishes, in-suite laundry, and all furnishings included. The den can serve as an extra bedroom, ideal for two! Conveniently located near universities and amenities, this energy-efficient townhouse also offers parking and a special discount for the first three months! Don't miss out on this vibrant student community!

258A 258a Sunview St #1155 - Photo 1 of 1

5d+ ago

Downtown Waterloo townhouse for rent in Waterloo

258A 258a Sunview St #1155, Waterloo, ON N2L 0H6

In-unit laundry | Furnished | Air conditioning

2 beds

1 bath

$2,000

House for rent

Available Sep 2

Modern 1-Bedroom + Den in Student District

This stylishly furnished 1-bedroom plus den unit offers the perfect blend of comfort and convenience in Waterloo's vibrant student district. Ideal for students or roommates, the den can double as an extra bedroom. Enjoy modern finishes, in-suite laundry, and included internet in this energy-efficient building. Located just steps away from the University of Waterloo and amenities, this space is perfect for urban living. Rent is $2,000/month plus hydro.

258B 258b Sunview St #288 - Photo 1 of 1

5d+ ago

Downtown Waterloo townhouse for rent in Waterloo

258B 258b Sunview St #288, Waterloo, ON N2L 0H7

In-unit laundry | Furnished | Air conditioning

2 beds

1 bath

$2,000

House for rent

Available Sep 2

Modern Student Townhouse with Den & Furnishings

This stylish 1-bedroom + den townhouse offers premium student living in the heart of Waterloo, perfect for easy campus access. The den, furnished with a bed, can serve as an additional bedroom. Enjoy modern finishes, in-suite laundry, and internet included in the rent of $2,000/month + hydro. Convenient layout and energy-efficient building ensure comfort. On-site parking available, making this an ideal choice for students seeking convenience and style in their living space.

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251 Lester St #4 - Photo 1 of 1

5d+ ago

Downtown Waterloo apartment for rent in Waterloo

251 Lester St #4, Waterloo, ON N2L 3W6

In-unit laundry | Furnished | Air conditioning

Studio

2 baths

$695

Apartment for rent

Available Aug 31

Vibrant Student Living with Modern Comforts

Perfectly situated in Waterloo's lively student district, this fully furnished unit features bright, spacious rooms with large windows and a sleek modern kitchen. Student-friendly amenities include private lockable bedrooms, shared living spaces, and easy access to both the University of Waterloo and Wilfrid Laurier University. Enjoy a blend of comfort and convenience with in-unit laundry, air conditioning, and nearby shopping and transit options. Ideal for making lasting memories during university life.

261 Lester St #5 - Photo 1 of 1

5d+ ago

Downtown Waterloo apartment for rent in Waterloo

261 Lester St #5, Waterloo, ON N2L 3W6

In-unit laundry | Furnished | Air conditioning

Studio

2 baths

$750

Apartment for rent

Available Aug 31

Spacious Student Living Near Universities & Amenities

Experience vibrant student life at this fully furnished studio rental, ideally located minutes from the University of Waterloo and Wilfrid Laurier University. This unit boasts high-speed internet, modern amenities, and shared living spaces. Enjoy natural light from large windows and a sleek kitchen perfect for socializing or studying. With two full baths and a community setup, this space is designed for comfort and convenience, making it the ideal home for students ready to thrive.

251 Lester St #251 - Photo 1 of 1

5d+ ago

Downtown Waterloo townhouse for rent in Waterloo

In-unit laundry | Furnished | Air conditioning

1 bed

2 baths

$750

House for rent

Available Jun 25

Vibrant Townhouse with Discounted Student Rooms

Spacious 5-bedroom, 2-bathroom townhouse offers an ideal living setup for students, just steps from local universities. Fully furnished with internet included, this pet-friendly unit also features laundry facilities and convenient parking options. Perfect for groups wanting to save on rent while staying in the heart of Downtown Waterloo!

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253 Lester St #1 - Photo 1 of 1

5d+ ago

Downtown Waterloo townhouse for rent in Waterloo

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

Furnished | Air conditioning | On-site laundry

1 bed

2 baths

$750

House for rent

Available Jun 25

Spacious Townhouse Close to Campus & Amenities

Ideal for students, this 5-bedroom, 2-bathroom townhouse features fully furnished rooms available for $750/month, with discounted rates for groups. Enjoy included internet and convenient on-site laundry. Located just steps from the University of Waterloo and Wilfrid Laurier University, this prime spot offers easy access to dining, shopping, and public transit. Secure your room today and take advantage of same-day showings—make the most of your university experience!

258 Sunview St #1 - Photo 1 of 1

5d+ ago

Downtown Waterloo townhouse for rent in Waterloo

258 A Sunview Street - 2 Bedroom Unit - 1

258 Sunview St #1, Waterloo, ON N2L 0H6

In-unit laundry | Furnished | Air conditioning

2 beds

1 bath

$2,000

House for rent

Available Jun 25

Trendy Townhouse Perfect for Student Living!

$200 off monthly rent for the first three months!

251 Lester St #5 - Photo 1 of 1

5d+ ago

Downtown Waterloo apartment for rent in Waterloo

251 Lester St #5, Waterloo, ON N2L 3W6

In-unit laundry | Furnished | Air conditioning

Studio

2 baths

$795

Apartment for rent

Available Aug 31

Modern Student Living in the Heart of Waterloo

This stylishly furnished studio offers bright, spacious living designed for students. Enjoy a sleek kitchen, private bedroom with lockable door, and shared living spaces. Located steps from university campuses, it features amenities like in-unit laundry, Wi-Fi, and 24-hour emergency maintenance. Perfect for crafting your university journey while enjoying comfort and community in a vibrant neighborhood. Experience convenience and style in this prime location!

58 Bridgeport Rd E #1 - Photo 1 of 1

5d+ ago

Downtown Waterloo condo for rent in Waterloo

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

1 bed

1 bath

$750

Condo for rent

Available Nov 1

Modern Condo Living Near Universities

Spacious 3-bedroom, 1.5-bath condo at Bridgeport Rd, offering fully furnished units with laundry facilities and parking. Ideally located in Downtown Waterloo, close to universities, Conestoga's campus, and public transit. Rent from $750/month, plus utilities.

Showing 51 - 66 of 66 results
Home > Apartments in Waterloo > Downtown Waterloo Apartments For Rent
Updated: November 3, 2025

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Learn more about renting in Downtown Waterloo, Waterloo, ON

Downtown Waterloo, Waterloo apartment availability

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, Waterloo rental market trends

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.

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.

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 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.

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

🔑Available apartment rentals114
💰Best rent deal251 Lester St #4
Popular amenities, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos