Bedroom count
Property type
Last updated on December 3, 2025
Average rent in
Downtown Waterloo, Waterloo, ON
Last updated on December 3, 2025
Last updated on December 3, 2025
Bedroom count
Property type
As of November 2025, the median rent for all bedroom counts and property types in Downtown Waterloo, Waterloo, ON is $1,970. This is +2%, or $40, higher than the national average.
average price per square foot
Median rent
$1,970
2%Total rentals
80
for rent on Zumper.com
As of November 2025, the median rent for all bedroom counts and property types in Downtown Waterloo, Waterloo, ON is $1,970. This is +2%, or $40, higher than the national average.
average price per square foot
Rent ranges
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
Downtown Waterloo, Waterloo, ON
Rent price trends
Rent prices for all bedroom counts and property types in Downtown Waterloo, Waterloo, ON have decreased by 3% in the last month and have decreased by 2% in the last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent comparables in
Downtown Waterloo, Waterloo, ON
The monthly rent for an apartment in Downtown Waterloo, Waterloo, ON is $1,935. A 1-bedroom apartment in Downtown Waterloo, Waterloo, ON costs about $1,899 on average, while a 2-bedroom apartment is $2,299. Houses for rent in Downtown Waterloo, Waterloo, ON are more expensive, with an average monthly cost of $2,000.
Comparables | ||||
|---|---|---|---|---|
1 bedroom | $1,849 | 5% | 7% | |
2 bedroom | $2,050 |  1% | 14% | |
3 bedroom | $2,500 | 22% | 14% | |
4 bedroom | $750 | 16% | 5% | |
Studio | $795 | No Change | 7% |
Comparables | ||
|---|---|---|
Cherry Hill | $1,849 | |
Kw Hospital | $2,080 | |
Lakeshore | $1,950 | |
Lincoln Heights | $2,000 | |
Uptown Waterloo | $1,950 | |
Uptown West | $1,899 |
Comparables | ||||
|---|---|---|---|---|
Apartments | $1,935 | 5% | No Change | |
Condos | $1,450 | 16% | No Change | |
Houses | $2,000 | 4% | No Change | |
Rooms | $1,000 | 13% | - |
Studio
Average rent
$795
Last 30 days
No Change
Last year
7%
1 bedroom
Average rent
$1,849
Last 30 days
5%
Last year
7%
2 bedroom
Average rent
$2,050
Last 30 days
1%
Last year
14%
3 bedroom
Average rent
$2,500
Last 30 days
22%
Last year
14%
4 bedroom
Average rent
$750
Last 30 days
16%
Last year
5%
Cherry Hill
Average rent
$1,849
Kw Hospital
Average rent
$2,080
Lakeshore
Average rent
$1,950
Lincoln Heights
Average rent
$2,000
Uptown Waterloo
Average rent
$1,950
Uptown West
Average rent
$1,899
Apartments
Average rent
$1,935
Last 30 days
5%
Condos
Average rent
$1,450
Last 30 days
16%
Houses
Average rent
$2,000
Last 30 days
4%
Rooms
Average rent
$1,000
Last 30 days
13%
The table above reflects average rent prices in Downtown Waterloo, 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 Downtown Waterloo, Waterloo, ON to other neighborhoods
Median rent prices in Downtown Waterloo, Waterloo, ON for all bedroom counts and property types compared to Cherry Hill, Kitchener, ON.
Downtown Waterloo
2%higher than the national median
4%lower than the national median
Takeaway
The median rent for all rentals in Downtown Waterloo, Waterloo, ON is 7% higher than the median rent in Cherry Hill, Kitchener, ON.
More data insights and reports
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 neighborhoods
Explore rent trends in other markets
Discover rentals in Downtown Waterloo, Waterloo, ON
4h ago
113 Westmount Road North, Waterloo, ON N2L 5G5
1 bed
1 bath
$500
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Available Dec 1
5d+ ago
Downtown Waterloo apartment for rent in Waterloo
253 - 253 Lester Street #2, Waterloo, ON N2L 3W6
5 beds
2 baths
$650
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5d+ ago
167 Westcourt Place, Waterloo, ON N2L 2R7
1 bed
1 bath
$699
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Available May 8
5d+ ago
148 Westcourt Place, Waterloo, ON N2L 2R7
1 bed
1 bath
$699
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5d+ ago
200 University Avenue West, Waterloo, ON N2L 3G1
1 bed
1 bath
$699
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Downtown Waterloo apartment for rent in Waterloo
1 bed
2 baths
$700
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Available Nov 1
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Downtown Waterloo apartment for rent in Waterloo
253 - 253 Lester Street #1, Waterloo, ON N2L 3W6
5 beds
2 baths
$700
Apartment for rent
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4d ago
45 Columbia Street West, Waterloo, ON N2L 3K4
5 beds
2 baths
$749
Apartment for rent
8h ago
29 Barrel Yards Boulevard, Waterloo, ON N2L 0C5
1–2 beds
1–2 baths
$2,399–$3,699
Apartment for rent
5h ago
25 Westmount Road North, Waterloo, ON N2L 5G7
1–3 beds
1 bath
$1,860–$3,300
Apartment for rent
8h ago
12 Merchant Avenue, Waterloo, ON N2L 0E6
1–2 beds
1–2 baths
$2,099–$3,099
Apartment for rent
4h ago
155 King Street North, Waterloo, ON N2J 0E8
1–2 beds
1–2 baths
$1,945–$2,793
Apartment for rent
5d+ ago
130 Columbia Street West, Waterloo, ON N2L 0G6
1–2 beds
1–2 baths
$1,811–$2,487
Apartment for rent
Available Sep 4
5d+ ago
Downtown Waterloo townhouse for rent in Waterloo
2 beds
1 bath
$2,300
House for rent
Available Aug 1
20h ago
9 Lodge Street, Waterloo, ON N2J 2Y5
2 beds
1 bath
$2,097–$2,297
Apartment for rent
5d+ ago
Downtown Waterloo townhouse for rent in Waterloo
258A 258a Sunview St #1153, Waterloo, ON N2L 0H6
2 beds
1 bath
$2,200
House for rent
Available May 1
4h ago
155 King Street North, Waterloo, ON N2J 0E8
1–2 beds
1–2 baths
$1,945–$2,793
Apartment for rent
5h ago
25 Westmount Road North, Waterloo, ON N2L 5G7
1–3 beds
1 bath
$1,860–$3,300
Apartment for rent
8h ago
383 Albert St, Waterloo, ON N2L 6E3
1–2 beds
1 bath
$1,749–$1,999
Apartment for rent
9h ago
300 Regina Street North, Waterloo, ON N2J 3B8
1–2 beds
1–2 baths
$1,825–$2,020
Apartment for rent
5d+ ago
137 University Avenue West, Waterloo, ON N2L 3E6
2 beds
1 bath
$1,935
Apartment for rent
4h ago
45 Caroline Street North, Waterloo, ON N2L 2Y6
1–2 beds
1 bath
$1,849–$2,199
Apartment for rent
8h ago
29 Barrel Yards Boulevard, Waterloo, ON N2L 0C5
1–2 beds
1–2 baths
$2,399–$3,699
Apartment for rent
8h ago
55 Caroline Street North, Waterloo, ON N2L 6B9
1–2 beds
1 bath
$1,899–$2,099
Apartment for rent
14h ago
Verified
2 beds
2 baths
$2,000
$1,900
Price drop
Condo for rent
Available Dec 1
5d+ ago
345 King Street North, Waterloo, ON N2J 2Z1
1 bed
1–2 baths
$930–$1,045
Apartment for rent
Available Sep 1
5d+ ago
21 Columbia Street West, Waterloo, ON N2L 3K4
1 bed
2 baths
$980–$990
Apartment for rent
Available Sep 1
5d+ ago
167 King Street North, Waterloo, ON N2J 0B6
1 bed
2 baths
$1,080–$1,115
Apartment for rent
Available May 1
5d+ ago
168 King Street North, Waterloo, ON N2J 0B8
1 bed
5 baths
$1,135–$1,155
Apartment for rent
Available Sep 1
4h ago
113 Westmount Road North, Waterloo, ON N2L 5G5
1 bed
1 bath
$500
Apartment for rent
Available Dec 1
5d+ ago
148 Westcourt Place, Waterloo, ON N2L 2R7
1 bed
1 bath
$699
Apartment for rent
Available May 5
5d+ ago
200 University Avenue West, Waterloo, ON N2L 3G1
1 bed
1 bath
$699
Apartment for rent
Available May 8
5h ago
25 Westmount Road North, Waterloo, ON N2L 5G7
1–3 beds
1 bath
$1,860–$3,300
Apartment for rent
1d ago
383 Albert St, Waterloo, ON N2L 6E3
2 beds
1 bath
$1,849
Apartment for rent
5d+ ago
137 University Avenue West, Waterloo, ON N2L 3E6
2 beds
1 bath
$1,935
Apartment for rent
8h ago
12 Merchant Avenue, Waterloo, ON N2L 0E6
1–2 beds
1–2 baths
$2,099–$3,099
Apartment for rent
12h ago
116 University Avenue West, Waterloo, ON N2L 3E2
4–5 beds
2 baths
$975
Apartment for rent
1d ago
62 University Avenue East, Waterloo, ON N2J 2V8
5 beds
2 baths
$825
Apartment for rent
1d ago
74 Marshall Street, Waterloo, ON N2J 2T4
5 beds
5 baths
$899
Apartment for rent
3d ago
257 Hemlock Street, Waterloo, ON N2L 3R4
1 bed
1 bath
$1,849
Apartment for rent