Bedroom count
Property type
Last updated on March 3, 2026
Last updated on March 3, 2026
Last updated on March 3, 2026
Bedroom count
Property type
As of February 2026, the median rent for all bedroom counts and property types in Downtown Waterloo, Waterloo, ON is $1,965. This is +3%, or $65, higher than the national average.
average price per square foot
for rent on Zumper.com
As of February 2026, the median rent for all bedroom counts and property types in Downtown Waterloo, Waterloo, ON is $1,965. This is +3%, or $65, higher than the national average.
average price per square foot
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 prices for all bedroom counts and property types in Downtown Waterloo, Waterloo, ON have increased by 15% in the last month and have decreased by 8% in the last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
The monthly rent for an apartment in Downtown Waterloo, Waterloo, ON is $1,949. A 1-bedroom apartment in Downtown Waterloo, Waterloo, ON costs about $1,899 on average, while a 2-bedroom apartment is $2,545. Houses for rent in Downtown Waterloo, Waterloo, ON are more expensive, with an average monthly cost of $2,000.
Comparables | ||||
|---|---|---|---|---|
1 bedroom | $1,799 | 3% | 12% | |
2 bedroom | $2,050 | 2% | 13% | |
3 bedroom | $2,915 | 8% | 5% | |
4 bedroom | $765 | 2% | 22% | |
Studio | $1,460 | 30% | 34% |
Comparables | ||
|---|---|---|
Cherry Hill | $1,889 | |
Kw Hospital | $1,587 | |
Lakeshore | $1,704 | |
Lincoln Heights | $2,050 | |
Uptown Waterloo | $2,124 | |
Uptown West | $2,010 |
Comparables | ||||
|---|---|---|---|---|
Apartments | $1,949 | 3% | No Change | |
Condos | $1,699 | 27% | No Change | |
Houses | $2,000 | 17% | No Change | |
Rooms | $800 | 4% | - |
Studio
Average rent
$1,460
Last 30 days
30%
Last year
34%
1 bedroom
Average rent
$1,799
Last 30 days
3%
Last year
12%
2 bedroom
Average rent
$2,050
Last 30 days
2%
Last year
13%
3 bedroom
Average rent
$2,915
Last 30 days
8%
Last year
5%
4 bedroom
Average rent
$765
Last 30 days
2%
Last year
22%
Cherry Hill
Average rent
$1,889
Kw Hospital
Average rent
$1,587
Lakeshore
Average rent
$1,704
Lincoln Heights
Average rent
$2,050
Uptown Waterloo
Average rent
$2,124
Uptown West
Average rent
$2,010
Apartments
Average rent
$1,949
Last 30 days
3%
Condos
Average rent
$1,699
Last 30 days
27%
Houses
Average rent
$2,000
Last 30 days
17%
Rooms
Average rent
$800
Last 30 days
4%
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.
Median rent prices in Downtown Waterloo, Waterloo, ON for all bedroom counts and property types compared to Cherry Hill, Kitchener, ON.
Downtown Waterloo
higher than the national median
lower than the national median
Takeaway
The median rent for all rentals in Downtown Waterloo, Waterloo, ON is 4% higher than the median rent in Cherry Hill, Kitchener, ON.
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Explore rent trends in other markets
5d+ ago
113 Westmount Road North, Waterloo, ON N2L 5G5
1 bed
1 bath
$500
Apartment for rent
Available Dec 1
5d+ ago
200 University Avenue West, Waterloo, ON N2L 3G1
1 bed
1 bath
$699
Apartment for rent
Available May 8
5d+ ago
148 Westcourt Place, Waterloo, ON N2L 2R7
1 bed
1 bath
$699
Apartment for rent
Available May 5
5d+ ago
167 Westcourt Place, Waterloo, ON N2L 2R7
1 bed
1 bath
$699
Apartment for rent
Available May 8
5d+ ago
Downtown Waterloo apartment for rent in Waterloo
251 - 251 Lester Street #1, Waterloo, ON N2L 3W6
5 beds
2 baths
$700
Apartment for rent
Available Feb 2
3d ago
45 Columbia St W, Waterloo, ON N2L 3K4
5 beds
2 baths
$749
Apartment for rent
5d+ ago
Downtown Waterloo apartment for rent in Waterloo
253 - 253 Lester Street #2, Waterloo, ON N2L 3W6
5 beds
2 baths
$750
Apartment for rent
Available Feb 10
5d+ ago
Downtown Waterloo apartment for rent in Waterloo
5 beds
2 baths
$750
Apartment for rent
Available Feb 10
4d ago
255 Sunview St, Waterloo, ON N2L 3V8
1–2 beds
1 bath
$2,460–$3,447
Apartment for rent
Available Sep 3
2d ago
12 Merchant Ave, Waterloo, ON N2L 0E6
1–2 beds
1–2 baths
$2,099–$3,100
Apartment for rent
10h ago
155 King St N, Waterloo, ON N2J 0E8
1–2 beds
1–2 baths
$1,949–$3,040
Apartment for rent
5d+ ago
Downtown Waterloo townhouse for rent in Waterloo
258C 258c Sunview St #363, Waterloo, ON N2L 0H8
3 beds
1 bath
$3,000
House for rent
Available Sep 4
3d ago
29 & 29 Barrel Yards Blvd., Waterloo, ON N2L 0C5
1–2 beds
1–2 baths
$2,340–$2,989
Apartment for rent
5d+ ago
Downtown Waterloo townhouse for rent in Waterloo
3 beds
2 baths
$2,980
House for rent
Available Sep 4
5d+ ago
Downtown Waterloo townhouse for rent in Waterloo
258B 258b Sunview St #2157, Waterloo, ON N2L 0H7
3 beds
2 baths
$2,915
House for rent
Available Sep 4
5d+ ago
Downtown Waterloo townhouse for rent in Waterloo
258 Sunview St #1, Waterloo, ON N2L 0H6
3 beds
2 baths
$2,915
House for rent
Available Sep 4
10h ago
155 King St N, Waterloo, ON N2J 0E8
1–2 beds
1–2 baths
$1,949–$3,040
Apartment for rent
11h ago
300 Regina St N, Waterloo, ON N2J 3B8
1–2 beds
1–2 baths
$1,825–$2,020
Apartment for rent
17h ago
383 Albert St, Waterloo, ON N2L 6E3
1–2 beds
1 bath
$1,699–$1,999
Apartment for rent
3d ago
25 Westmount Rd N, Waterloo, ON N2L 5G7
1–3 beds
1 bath
$1,750–$2,895
Apartment for rent
4d ago
137 University Ave W, Waterloo, ON N2L 3E6
2–3 beds
1 bath
$1,895–$2,430
Apartment for rent
1h ago
45 Caroline St N, Waterloo, ON N2L 2Y6
1–2 beds
1 bath
$1,799–$1,849
Apartment for rent
1d ago
9 Lodge St, Waterloo, ON N2J 4S8
2 beds
1 bath
$2,097–$2,197
Apartment for rent
2d ago
12 Merchant Ave, Waterloo, ON N2L 0E6
1–2 beds
1–2 baths
$2,099–$3,100
Apartment for rent
5d+ ago
Verified
2 Elgin Cres #2, Waterloo, ON N2J None
3 beds
1 bath
$2,200
$2,000
Price drop
Apartment for rent
Available May 1
19h ago
345 King St N, Waterloo, ON N2J 2Z1
1 bed
0 baths
$724–$965
Apartment for rent
Available Sep 1
5d+ ago
200 University Avenue West, Waterloo, ON N2L 3G1
1 bed
1 bath
$699
Apartment for rent
Available May 8
5d+ ago
148 Westcourt Place, Waterloo, ON N2L 2R7
1 bed
1 bath
$699
Apartment for rent
Available May 5
5d+ ago
113 Westmount Road North, Waterloo, ON N2L 5G5
1 bed
1 bath
$500
Apartment for rent
Available Dec 1
3d ago
155 Westcourt Place, Waterloo, ON N2L 2R7
2 beds
2 baths
$950
Apartment for rent
Available Oct 1
5d+ ago
167 Westcourt Place, Waterloo, ON N2L 2R7
1 bed
1 bath
$699
Apartment for rent
Available May 8
15h ago
21 Columbia St W, Waterloo, ON N2L 3K4
1 bed
0 baths
$742–$990
Apartment for rent
Available Sep 1
10h ago
155 King St N, Waterloo, ON N2J 0E8
1–2 beds
1–2 baths
$1,949–$3,040
Apartment for rent
17h ago
383 Albert St, Waterloo, ON N2L 6E3
1–2 beds
1 bath
$1,699–$1,999
Apartment for rent
3d ago
25 Westmount Rd N, Waterloo, ON N2L 5G7
1–3 beds
1 bath
$1,750–$2,895
Apartment for rent
4d ago
137 University Ave W, Waterloo, ON N2L 3E6
2 beds
1 bath
$1,895–$1,935
Apartment for rent
1h ago
45 Caroline St N, Waterloo, ON N2L 2Y6
1–2 beds
1 bath
$1,799–$1,849
Apartment for rent
4d ago
321 Lester St, Waterloo, ON N2L 3W6
5 beds
2 baths
$845
Apartment for rent
5d+ ago
55 Caroline St N, Waterloo, ON N2L 6B9
1–2 beds
1 bath
$1,899–$2,099
Apartment for rent
10h ago
Downtown Waterloo apartment for rent in Waterloo
2 beds
2 baths
$1,975
Apartment for rent
Available Aug 31