Bedroom count

Property type

Last updated on January 30, 2026

Average rent in
Waterloo, ON

Last updated on January 30, 2026

Last updated on January 30, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in Waterloo, ON is $1,892. This is about the same as the national average.

$2.70

average price per square foot

Median rent

$1,892

decreased by5%
over the previous yearvs previous year

Total rentals

125

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in Waterloo, ON is $1,892. This is about the same as the national average.

$2.70

average price per square foot

Rent ranges

8%
21%
50%
17%
4%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

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 3% 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 $1,892. A 1-bedroom apartment in Waterloo, ON costs about $1,749 on average, while a 2-bedroom apartment is $2,015. Houses for rent in Waterloo, ON are more expensive, with an average monthly cost of $2,000.

Comparables

1 bedroom

$1,699

1%

10%

2 bedroom

$2,000

No Change

6%

3 bedroom

$2,350

3%

1%

4 bedroom

$825

4%

16%

Studio

$795

1%

1%

Studio

Average rent

$795

Last 30 days

1%

Last year

1%

1 bedroom

Average rent

$1,699

Last 30 days

1%

Last year

10%

2 bedroom

Average rent

$2,000

Last 30 days

No Change

Last year

6%

3 bedroom

Average rent

$2,350

Last 30 days

3%

Last year

1%

4 bedroom

Average rent

$825

Last 30 days

4%

Last year

16%

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$1,892

Equal to the the national median

Median rent price$2,249
increased by18%

higher than the national median

Takeaway

The median rent for all rentals in Waterloo, ON is 16% 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

$2,249

decreased by4%

Last year

Burlington

$2,380

decreased by1%

Last year

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$1,982

decreased by3%

Last year

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$2,045

increased by12%

Last year

Guelph

$2,100

decreased by4%

Last year

Hamilton

$1,850

increased by2%

Last year

Kitchener

$1,870

decreased by3%

Last year

London

$1,785

decreased by2%

Last year

Mississauga

$2,395

decreased by3%

Last year

Oakville

$2,499

decreased by11%

Last year

Toronto

$2,365

decreased by1%

Last year

Vaughan

$2,250

decreased by9%

Last year

Apartments for rent in Brampton

Discover rentals in Waterloo, ON

511 101d - 511 Albert Street101-Lower #101D - Photo 1 of 1

1d ago

Lakeshore townhouse for rent in Waterloo

511 101d - 511 Albert Street101-Lower #101D, Waterloo, ON N2L 5A7

1 bed

1 bath

$500

House for rent

Available May 1

MUST APPLY AT UWCORNER. COM - Photo 1 of 1

2d 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 St W #1-2 - Photo 1 of 1

5d+ ago

Maple Hills apartment for rent in Waterloo

Apartment for rent

Available Feb 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 Feb 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

APPLY AT UWCORNER. COM - Photo 1 of 1

1d 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

MUST APPLY AT UWCORNER COM - Photo 1 of 1

1d 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

1d 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