Bedroom count

Property type

Last updated on December 14, 2025

Average rent in
Waterloo, ON

Last updated on December 14, 2025

Last updated on December 14, 2025

Bedroom count

Property type

As of December 2025, the median rent for all bedroom counts and property types in Waterloo, ON is $1,949. This is +3%, or $49, higher than the national average.

$2.90

average price per square foot

Median rent

$1,949

decreased by5%
over the previous yearvs previous year

Total rentals

131

for rent on Zumper.com

As of December 2025, the median rent for all bedroom counts and property types in Waterloo, ON is $1,949. This is +3%, or $49, higher than the national average.

$2.90

average price per square foot

Rent ranges

24%
73%
2%
1%
$0-$1,500$0 - $1,500
$1,501-$3,000$1,501 - $3,000
$3,001-$4,500$3,001 - $4,500
$4,501-$6,000$4,501 - $6,000

Households

At this time, we don't have information to generate a distribution. Please check back soon.

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Waterloo, ON

Rent price trends

Rent prices for all bedroom counts and property types in Waterloo, ON have decreased by 1% in the last month and have decreased by 5% in the last year.

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

Rent comparables in
Waterloo, ON

The monthly rent for an apartment in Waterloo, ON is $1,919. A 1-bedroom apartment in Waterloo, ON costs about $1,760 on average, while a 2-bedroom apartment is $2,050. Houses for rent in Waterloo, ON are more expensive, with an average monthly cost of $2,000.

Comparables

1 bedroom

$1,708

3%

10%

2 bedroom

$2,030

No Change

7%

3 bedroom

$2,350

1%

5%

4 bedroom

$805

6%

14%

Studio

$795

2%

17%

Studio

Average rent

$795

Last 30 days

2%

Last year

17%

1 bedroom

Average rent

$1,708

Last 30 days

3%

Last year

10%

2 bedroom

Average rent

$2,030

Last 30 days

No Change

Last year

7%

3 bedroom

Average rent

$2,350

Last 30 days

1%

Last year

5%

4 bedroom

Average rent

$805

Last 30 days

6%

Last year

14%

The table above reflects average rent prices in Waterloo, 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.

Compare rent prices in Waterloo, ON to other cities

Median rent prices in Waterloo, ON for all bedroom counts and property types compared to Brampton, ON.

Waterloo

Median rent price$1,949
increased by3%

higher than the national median

Median rent price$2,199
increased by16%

higher than the national median

Takeaway

The median rent for all rentals in Waterloo, ON is 11% lower than the median rent in Brampton, ON.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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

Average rent in
Nearby cities

Explore rent trends in other markets

Brampton

$2,199

decreased by10%

Last year

Burlington

$2,250

decreased by3%

Last year

Cambridge

$1,950

decreased by6%

Last year

Centre Wellington

$2,125

increased by7%

Last year

Guelph

$2,125

decreased by2%

Last year

Hamilton

$1,850

increased by4%

Last year

Kitchener

$1,890

decreased by4%

Last year

London

$1,770

decreased by7%

Last year

Mississauga

$2,369

decreased by6%

Last year

Oakville

$2,500

decreased by15%

Last year

Toronto

$2,399

Flat

Last year

Vaughan

$2,300

decreased by6%

Last year

Apartments for rent in Brampton

Discover rentals in Waterloo, ON

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

1 bed

1 bath

$500

Apartment for rent

Available Dec 1

379 Erb Street West #4-19 - Photo 1 of 1

5d+ ago

Maple Hills apartment for rent in Waterloo

Apartment for rent

Available Nov 1

379 - 379 Erb Street West #4-19 - Photo 1 of 1

5d+ ago

Maple Hills apartment for rent in Waterloo

ERB ST W (379) - 4 - 19

379 - 379 Erb Street West #4-19, Waterloo, ON N2L 1W7

1 bed

2 baths

$575

Apartment for rent

Available Nov 1

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

5d+ ago

Downtown Waterloo apartment for rent in Waterloo

LESTER (253) - 401 - Unit 2

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

5 beds

2 baths

$650

Apartment for rent

Available Nov 1

Conestoga Off Campus Housing - Waterloo - Photo 1 of 1

1d ago

8.8

Very good

Conestoga Off Campus Housing - Waterloo

475 King Street North, Waterloo, ON N2J 2Z5

1 bed

1 bath

$699

Apartment for rent

Available Jul 1

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

1 bed

1 bath

$699

Apartment for rent

Available May 5

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

1 bed

1 bath

$699

Apartment for rent

Available May 8

APPLY AT UWCORNER. COM - Photo 1 of 1

3d ago

9.3

Excellent

APPLY AT UWCORNER. COM

167 Westcourt Place, Waterloo, ON N2L 2R7

1 bed

1 bath

$699

Apartment for rent

Available May 8