How much is the average rent in Waterloo, ON for 1-bedroom and 2-bedroom apartments?

Waterloo's 2025 rental market shows one-bedroom apartments averaging around $1,800 per month, while two-bedroom units average around $2,200 monthly. These figures represent decreases from the previous year, with one-bedrooms down 8.0% and two-bedrooms falling 7.6%.

Are rents going up or down in Waterloo, ON?

Rent prices in Waterloo have been increasing, with a general rise of about 4% for various apartment sizes. However, studio apartments have seen a decrease in rent.

When is the best time to look for an apartment in Waterloo, ON?

December offers the best rental pricing in Waterloo, with rents approximately 3% lower than peak pricing months. November and December experience reduced competition among renters, while August and July see higher demand relative to available inventory, making winter moves more budget-friendly than late summer searches.

What are the best neighborhoods to rent an apartment in Waterloo, ON?

Maple Hills generates the highest consumer interest at 2.06 times the market average, while Downtown Waterloo represents 63% of the city's rental market with 1.07 times more interest than average. Colonial Acres and Uptown Waterloo offer excellent transit scores and walkability, while University Downs and Lincoln Heights provide strong transit access supporting an active, connected lifestyle.

What areas of Waterloo, ON are best for budget-conscious renters?

Colonial Acres offers the best value at around $1,500 per month, sitting 17% below the city median. Maple Hills provides another budget-friendly option at around $1,600 monthly, which is 11% below median, while still offering access to Waterloo's lifestyle amenities and community features.

Are there pet-friendly apartments in Waterloo, ON?

Yes, about 64.22% of listings in Waterloo are pet-friendly, making it a great option for renters with pets.

Are utilities usually included in rent in Waterloo, ON?

Utilities are rarely included in Waterloo rental apartments, appearing in less than 1% of all listings. Studios and three-bedroom units have slightly higher rates at 0.06% and 0.08% respectively, while one-bedroom and two-bedroom apartments include utilities in only 0.05% and 0.03% of listings.

Are most apartments in Waterloo, ON largely older buildings or new developments?

Waterloo's rental market features modern building characteristics, with elevators found in 58% of available units, reflecting the prevalence of multi-story buildings throughout the area. Air conditioning is available in 61% of apartments, while on-site laundry facilities appear in 62% of listings, suggesting well-equipped residential buildings.

Pet Friendly Apartments for Rent in Waterloo, ON - 52 Rentals

5-19 Amos Avenue & 340-358 Erb Street West - Photo 1 of 1

Rent special

2d ago

9.4

Excellent

5-19 Amos Avenue & 340-358 Erb Street West

1 Amos Ave && 337 Erb St W, Waterloo, ON N2L None

Dogs and cats ok | On-site laundry | Storage

1–2 beds

1 bath

$1,669–$2,015

Apartment for rent

Available Aug 14

Top amenities

On-Site Laundry

On-Site Management

Storage

Rent special

2d ago

9.4

Excellent

500 Glenelm Cres.

500 Glenelm Cres, Waterloo, ON N2L 5C8

Dogs and cats ok | On-site laundry | Elevator

1–2 beds

1 bath

$1,693–$1,831

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

2d ago

9.2

Excellent

295 Dale Crescent

295 Dale Cres, Waterloo, ON N2J 3Y5

Dogs and cats ok | Garage parking | Dishwasher

Studio–2 beds

1 bath

$1,650–$2,125

Apartment for rent

Rent special

2d ago

9.4

Excellent

167 King Street North

167 King St N, Waterloo, ON N2J 0B6

Dogs and cats ok | On-site laundry | Furnished

1 bed

0 baths

$929

Apartment for rent

Available Sep 1

Top amenities

Controlled Access

Elevator

Furnished

Garage Parking

On-Site Laundry

On-Site Management

Rent special

2d ago

9.1

Excellent

504 Glenelm Cres.

504 Glenelm Cres, Waterloo, ON N2L 5C8

Dogs and cats ok | On-site management

2 beds

1 bath

$1,851

Apartment for rent

Top amenities

On-Site Management

Rent special

3d ago

9

Excellent

75 Milford Avenue & 421

75 Milford Ave && 499 Barrie Pl, Waterloo, ON N2L None

Dogs and cats ok | On-site laundry | Storage

1 bed

1 bath

$1,696–$1,796

Apartment for rent

Top amenities

Controlled Access

Dishwasher

On-Site Laundry

On-Site Management

Rent special

3d ago

8.8

Very good

285 Erb St. W.

285 Erb St W, Waterloo, ON N2L 1W5

Dogs and cats ok | On-site laundry | Garage parking

1–3 beds

1 bath

$1,599–$2,199

Apartment for rent

Top amenities

Controlled Access

Garage Parking

On-Site Laundry

4d ago

8.8

Very good

Mayfieldview Court

60 20-60 Goldbeck Lane, Waterloo, ON N2J 4L1

Dogs and cats ok | In-unit laundry | Dishwasher

2 beds

1 bath

$2,249

House for rent

Top amenities

In-Unit Laundry

On-Site Laundry

The best of Zumper, delivered

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102 & 104 Union Boulevard - Photo 1 of 1

4d ago

9.3

Excellent

102 & 104 Union Boulevard

104 & 104 Union Blvd, Waterloo, ON N2M 2R9

Dogs and cats ok | On-site laundry | Storage

2 beds

1 bath

$2,037

Apartment for rent

Top amenities

Controlled Access

Dishwasher

On-Site Laundry

On-Site Management

5d+ ago

Pet Friendly Downtown Waterloo apartment for rent in Waterloo

308 King St N, Waterloo, ON N2J 0G4

Dogs and cats ok | Outdoor space | Hardwood floor

2 beds

2 baths

$2,319–$2,740

Apartment for rent

Top amenities

Air Conditioning

Furnished

Garage Parking

Microwave

On-Site Laundry

Residents Lounge

5d+ ago

Pet Friendly Uptown Waterloo apartment for rent in Waterloo

24 Union St E, Waterloo, ON N2J 1B7

Dogs and cats ok | Outdoor space | Hardwood floor

2 beds

2 baths

$1,945–$2,595

Apartment for rent

Available May 15

Top amenities

Fireplace

Fitness Center

Hardwood Floor

In-Unit Laundry

Microwave

Residents Lounge

5d+ ago

Pet Friendly Downtown Waterloo apartment for rent in Waterloo

Dogs and cats ok | On-site laundry | Furnished

2 beds

1 bath

$2,000

Apartment for rent

Available Sep 1

Top amenities

On-Site Laundry

New construction

5d+ ago

Pet Friendly Downtown Waterloo apartment for rent in Waterloo

34 Hickory St W, Waterloo, ON N2L 0L4

Dogs and cats ok | On-site laundry | Furnished

2 beds

2 baths

$2,100

Apartment for rent

Available Aug 31

Top amenities

On-Site Laundry

5d+ ago

Pet Friendly Downtown Waterloo apartment for rent in Waterloo

298 Hemlock St, Waterloo, ON N2L 0K8

Dogs and cats ok | On-site laundry | Furnished

2 beds

2 baths

$1,975

Apartment for rent

Available Aug 31

Top amenities

On-Site Laundry

68 Weber Street & 190 Allen Street - Photo 1 of 1

5d+ ago

8.9

Very good

68 Weber Street & 190 Allen Street

74 Weber St S && 184 Allen St E, Waterloo, ON N2J None

Dogs and cats ok | On-site laundry | Storage

2 beds

1 bath

$1,940

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

Rent special

5d+ ago

9.4

Excellent

345 King Street North

345 King St N, Waterloo, ON N2J 2Z1

Dogs and cats ok | On-site laundry | Storage

1 bed

0 baths

$804

Apartment for rent

Top amenities

Air Conditioning

Controlled Access

Elevator

Furnished

On-Site Laundry

On-Site Management

5d+ ago

8.8

Very good

67 Karen Walk

67 Karen Walk, Waterloo, ON N2L 5X1

Dogs and cats ok | Outdoor space | In-unit laundry

3 beds

1 bath

$1,500

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

New construction

5d+ ago

8.9

Very good

175 Wissler Rd

175 Wissler Rd, Waterloo, ON N2K 3R1

Dogs and cats ok | Outdoor space | In-unit laundry

2 beds

1 bath

$1,500

Apartment for rent

Top amenities

Air Conditioning

Assigned Parking

Dishwasher

In-Unit Laundry

On-Site Laundry

New construction

5d+ ago

8.9

Very good

365 Roselawn Pl

365 Roselawn Pl, Waterloo, ON N2L 5P1

Dogs and cats ok | Outdoor space | In-unit laundry

3 beds

1 bath

$500

Apartment for rent

Top amenities

Assigned Parking

Central Heat

In-Unit Laundry

On-Site Laundry

Rent special

5d+ ago

9.4

Excellent

Cedar Creek

736 Old Albert St, Waterloo, ON N2L 6R4

Dogs and cats ok | Carpet | On-site laundry

1 bed

1 bath

$1,545

Apartment for rent

Top amenities

Air Conditioning

Central Heat

Garage Parking

On-Site Laundry

On-Site Management

Wheelchair Accessible

5d+ ago

Pet Friendly Downtown Waterloo condo for rent in Waterloo

Dogs and cats ok | In-unit laundry | Air conditioning

1 bed

1 bath

$2,000

Condo for rent

Available Jun 1

Top amenities

Dishwasher

In-Unit Laundry

On-Site Laundry

5d+ ago

Pet Friendly Downtown Waterloo condo for rent in Waterloo

Dogs and cats ok | In-unit laundry | Air conditioning

2 beds

1 bath

$900

Condo for rent

Available Jun 1

Top amenities

Air Conditioning

Dishwasher

In-Unit Laundry

On-Site Laundry

5d+ ago

Pet Friendly Lincoln Village apartment for rent in Waterloo

275 Eiwo Court #209, Waterloo, ON N2K 2M8

Dogs and cats ok | Hardwood floor | On-site laundry

3 beds

1 bath

$1,900

Apartment for rent

Available Jun 1

Top amenities

On-Site Laundry

5d+ ago

Pet Friendly Downtown Waterloo condo for rent in Waterloo

275 Larch St, Waterloo, ON N2L 0J1

Dogs and cats ok | In-unit laundry | Air conditioning

2 beds

2 baths

$2,050

Condo for rent

Available Jun 1

Top amenities

In-Unit Laundry

On-Site Laundry

5d+ ago

Pet Friendly Downtown Waterloo condo for rent in Waterloo

Dogs and cats ok | Outdoor space | In-unit laundry

2 beds

1 bath

$2,500

Condo for rent

Available Jun 1

Top amenities

Concierge Service

Dishwasher

Fitness Center

In-Unit Laundry

On-Site Laundry

Wheelchair Accessible

5d+ ago

Verified

Dogs and cats ok | Outdoor space | Hardwood floor

2 beds

2 baths

$2,200

$2,100

Price drop

Condo for rent

Available Sep 1

Top amenities

Air Conditioning

Concierge Service

Elevator

In-Unit Laundry

On-Site Management

Residents Lounge

5d+ ago

Verified

3-38 Marshall St

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

Dogs and cats ok | Furnished | Garage parking

4 beds

1 bath

$2,000

Apartment for rent

Available Sep 1

5d+ ago

Pet Friendly Beechwood house for rent in Waterloo

Dogs and cats ok | Outdoor space | In-unit laundry

3 beds

1 bath

$1,500

House for rent

Available Jun 1

Top amenities

Air Conditioning

Assigned Parking

In-Unit Laundry

On-Site Laundry

New construction

5d+ ago

Pet Friendly Colonial Acres house for rent in Waterloo

Dogs and cats ok | Outdoor space | In-unit laundry

2 beds

1 bath

$1,500

House for rent

Available Jun 1

Top amenities

Air Conditioning

Central Heat

Dishwasher

In-Unit Laundry

On-Site Laundry

New construction

5d+ ago

Pet Friendly Lakeshore house for rent in Waterloo

Dogs and cats ok | Outdoor space | In-unit laundry

3 beds

1 bath

$500

House for rent

Available Jun 1

Top amenities

Dishwasher

In-Unit Laundry

On-Site Laundry

5d+ ago

Pet Friendly Downtown Waterloo condo for rent in Waterloo

Dogs and cats ok | In-unit laundry | Air conditioning

2 beds

1 bath

$1,650

Condo for rent

Available Jun 1

Top amenities

In-Unit Laundry

On-Site Laundry

5d+ ago

Pet Friendly Lincoln Heights house for rent in Waterloo

121 University Ave E, Waterloo, ON N2J 4J1

Dogs and cats ok | In-unit laundry | Air conditioning

5 beds

2.5 baths

$750

House for rent

Available Jun 1

Top amenities

Dishwasher

In-Unit Laundry

On-Site Laundry

5d+ ago

Pet Friendly Beechwood house for rent in Waterloo

Dogs and cats ok | Outdoor space | Hardwood floor

5 beds

2.5 baths

$500

House for rent

Available Jun 1

Top amenities

On-Site Laundry

3D tour

5d+ ago

Pet Friendly Downtown Waterloo apartment for rent in Waterloo

Dogs and cats ok | Outdoor space | Hardwood floor

1 bed

1 bath

$1,800

Apartment for rent

Available Jul 1

Top amenities

Central Heat

Dishwasher

Fitness Center

Furnished

Hardwood Floor

In-Unit Laundry

5d+ ago

Pet Friendly Lakeshore apartment for rent in Waterloo

499 Albert St #9, Waterloo, ON N2L 5A7

Dogs and cats ok | Hardwood floor | On-site laundry

2 beds

1 bath

$1,900

Apartment for rent

Available Jun 1

Top amenities

On-Site Laundry

5d+ ago

Pet Friendly Downtown Waterloo apartment for rent in Waterloo

161 Weber St N, Waterloo, ON N2J 3H2

Dogs and cats ok | On-site laundry | Business center

4 beds

1.5 baths

$2,395

Apartment for rent

Available May 7

Top amenities

On-Site Laundry

5d+ ago

Pet Friendly Downtown Waterloo townhouse for rent in Waterloo

HEMLOCK ST (257) - 523 - 1

257 Hemlock St #1, Waterloo, ON N2L 0K2

Dogs and cats ok | In-unit laundry | Furnished

Studio

1 bath

$1,650

House for rent

Available Jul 1

Top amenities

Air Conditioning

Furnished

In-Unit Laundry

Microwave

5d+ ago

Pet Friendly Downtown Waterloo apartment for rent in Waterloo

King Street North, Waterloo, ON N2J 2Y2

Dogs and cats ok | Hardwood floor | Storage

1 bed

1 bath

$1,700

Apartment for rent

Available May 1

Top amenities

Hardwood Floor

Storage

258 B Sunview St Unit - 2128 #2128 - Photo 1 of 1

5d+ ago

Pet Friendly Downtown Waterloo townhouse for rent in Waterloo

258 B Sunview St Unit - 2128 #2128, Waterloo, ON N2L 0H7

Dogs and cats ok | In-unit laundry | Furnished

2 beds

1 bath

$1,850

House for rent

Available May 1

Top amenities

Furnished

In-Unit Laundry

On-Site Laundry

5d+ ago

Pet Friendly Westvale house for rent in Waterloo

547 Drummerhill Crescent, Waterloo, ON N2T 1G3

Dogs and cats ok | In-unit laundry | Air conditioning

3 beds

3 baths

$3,000

House for rent

Available Jun 1

Top amenities

Central Heat

In-Unit Laundry

258A 258a Sunview St #1157 - Photo 1 of 1

5d+ ago

Pet Friendly Downtown Waterloo townhouse for rent in Waterloo

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

Dogs and cats ok | In-unit laundry | Furnished

3 beds

2 baths

$2,890

House for rent

Available May 1

Top amenities

Air Conditioning

Dishwasher

Elevator

Furnished

In-Unit Laundry

On-Site Laundry

62 B202 - 62 Balsam St #B202 - Photo 1 of 1

5d+ ago

Pet Friendly Downtown Waterloo townhouse for rent in Waterloo

62 B202 - 62 Balsam St #B202, Waterloo, ON N2L 3H2

Dogs and cats ok | In-unit laundry | Furnished

2 beds

1.5 baths

$1,750

House for rent

Available May 1

Top amenities

In-Unit Laundry

5d+ ago

Pet Friendly Lakeshore apartment for rent in Waterloo

457 Albert Street - 9

457 Albert St #9, Waterloo, ON N2L 5A7

Dogs and cats ok | On-site laundry | Central heat

2 beds

1.5 baths

$1,800

Apartment for rent

Available Jun 1

Top amenities

On-Site Laundry

5d+ ago

Pet Friendly Lakeshore apartment for rent in Waterloo

499 Albert St #8, Waterloo, ON N2L 5A7

Dogs and cats ok | On-site laundry | Dishwasher

2 beds

1.5 baths

$1,900

Apartment for rent

Available Jun 1

Top amenities

On-Site Laundry

5d+ ago

Pet Friendly Downtown Waterloo townhouse for rent in Waterloo

Dogs and cats ok | On-site laundry | Furnished

5 beds

2 baths

$750

House for rent

Available May 1

Top amenities

Dishwasher

On-Site Laundry

258 A Sunview St Unit - 1810 #1810 - Photo 1 of 1

5d+ ago

Pet Friendly Downtown Waterloo townhouse for rent in Waterloo

258 A Sunview St Unit - 1810 #1810, Waterloo, ON N2L 0H6

Dogs and cats ok | In-unit laundry | Furnished

1 bed

1 bath

$1,697

House for rent

Available Sep 4

Top amenities

In-Unit Laundry

5d+ ago

Pet Friendly Downtown Waterloo townhouse for rent in Waterloo

Dogs and cats ok | In-unit laundry | Furnished

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

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💰Best rent deal	407 Keats Way
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