Bedroom count

Property type

Last updated on November 1, 2025

Average rent in
Waterloo, ON

Last updated on November 1, 2025

Last updated on November 1, 2025

Bedroom count

Property type

As of October 2025, the median rent for all bedroom counts and property types in Waterloo, ON is $2,000. This is +3%, or $55, higher than the national average.

$2.74

average price per square foot

Median rent

$2,000

decreased by9%
over the previous yearvs previous year

Total rentals

128

for rent on Zumper.com

As of October 2025, the median rent for all bedroom counts and property types in Waterloo, ON is $2,000. This is +3%, or $55, higher than the national average.

$2.74

average price per square foot

Rent ranges

17%
79%
3%
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 remained the same in the last month and have decreased by 9% 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 $1,999. A 1-bedroom apartment in Waterloo, ON costs about $1,829 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 $2,050.

Comparables

1 bedroom

$1,800

2%

13%

2 bedroom

$2,032

1%

13%

3 bedroom

$2,300

11%

5%

4 bedroom

$750

9%

15%

Studio

$795

1%

8%

Studio

Average rent

$795

Last 30 days

1%

Last year

8%

1 bedroom

Average rent

$1,800

Last 30 days

2%

Last year

13%

2 bedroom

Average rent

$2,032

Last 30 days

1%

Last year

13%

3 bedroom

Average rent

$2,300

Last 30 days

11%

Last year

5%

4 bedroom

Average rent

$750

Last 30 days

9%

Last year

15%

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$2,000
increased by3%

higher than the national median

Median rent price$2,202
increased by13%

higher than the national median

Takeaway

The median rent for all rentals in Waterloo, ON is 9% 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
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Explore rent trends in other markets

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$2,150

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$1,808

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$1,899

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$1,790

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$2,381

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$2,725

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$2,400

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$2,300

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Apartments for rent in Brampton

Discover rentals in Waterloo, ON

MUST APPLY AT UWCORNER. COM - Photo 1 of 1

3d 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 - 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

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

Studio

2 baths

$695

Apartment for rent

Available Aug 31

Conestoga Off Campus Housing - Waterloo - Photo 1 of 1

14h 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

APPLY AT UWCORNER. COM - Photo 1 of 1

2d 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

MUST APPLY AT UWCORNER COM - Photo 1 of 1

2d 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

2d 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

MyRez - Photo 1 of 1

21h ago

9.1

Excellent

MyRez

181 Lester Street, Waterloo, ON N2L 0C2

5 beds

3 baths

$700

Apartment for rent

Available Apr 25