Last updated on June 8, 2026

Average rent in
Waterdown, Hamilton, ON

Median rent

Median rent in Waterdown

$1,710/mo

decreased by61%

vs previous year

The average rent in Waterdown is $1,710 per month as of June 2026. This is 12% below the national average rent, or $240 less per month.

$3.00

average price per square foot

Total rentals

Available rentals in Waterdown

16

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Waterdown rentals at each price point

30%23%15%8%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Waterdown, Hamilton, ON

Average rent prices in Waterdown have decreased by 8% over the last month and have decreased by 61% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Waterdown, Hamilton, ON

Rent prices in Waterdown vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waterdown is $2,022, whereas a house costs $1,473. 1-bedroom apartments in Waterdown run $1,620 on average, while 2-bedroom apartments are $2,645.

Listings

Studio

$995

-

-

1 bedroom

$1,512

28%

-

2 bedroom

$2,049

8%

-

3 bedroom

$2,500

3%

-

4 bedroom

$1,195

5%

60%

Studio

Average rent

$995

1 bedroom

Average rent

$1,512

Last 30 days

28%

2 bedroom

Average rent

$2,049

Last 30 days

8%

3 bedroom

Average rent

$2,500

Last 30 days

3%

4 bedroom

Average rent

$1,195

Last 30 days

5%

Last year

60%

The table above reflects average rent prices in Waterdown, Hamilton, ON, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Waterdown, Hamilton, ON compare to other neighborhoods?

Compare median rent prices in Waterdown and Aldershot Central by all bedroom counts and property types.

Waterdown

Median rent price$1,710
decreased by12%

lower than the national median

Median rent price$1,799
decreased by8%

lower than the national median

Takeaway

The median rent for all rentals in Waterdown, Hamilton, ON is 5% lower than the median rent in Aldershot Central, Burlington, ON.

Discover rentals in Waterdown, Hamilton, ON

The Grindstone - Photo 1 of 1
Rent special
New construction

1d ago

8.7

Very good

The Grindstone

310 Parkside Dr, Hamilton, ON L0R 2H0

2–3 beds

1–3 baths

$2,560–$3,310

Apartment for rent

122 Dundas Street East #18 - Photo 1 of 1

5d+ ago

Waterdown townhouse for rent in Hamilton

House for rent

Available Jul 1

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Waterdown, Hamilton, ON

Quick answers to common questions about the Waterdown rental market.

How much is rent in Waterdown?

The average rent in Waterdown is $1,710 per month as of June 6, 2026.

Is rent up or down in Waterdown?

Average rent prices in Waterdown have decreased by 8% over the last month and have decreased by 61% since last year.

How does Waterdown rent compare to the national average?

Rent in Waterdown is 12% below the national average, which means renters are paying approximately $240 less per month.

What salary do I need to afford rent in Waterdown?

To comfortably afford rent in Waterdown, you'd need to earn approximately $68,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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