Last updated on June 2, 2026

Average rent in
Lakeshore, Waterloo, ON

Median rent

Median rent in Lakeshore

$1,704/mo

decreased by10%

vs previous year

The average rent in Lakeshore is $1,704 per month as of May 2026. This is 13% below the national average rent, or $246 less per month.

$2.30

average price per square foot

Total rentals

Available rentals in Lakeshore

25

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Lakeshore rentals at each price point

70%53%35%18%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Lakeshore, Waterloo, ON

Average rent prices in Lakeshore have remained the same over the last month and have decreased by 10% since last year.

Rent trends

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

Compare rent prices in Lakeshore, Waterloo, ON

Rent prices in Lakeshore vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lakeshore is $1,800, whereas a house costs $1,970. 1-bedroom apartments in Lakeshore run $1,693 on average, while 2-bedroom apartments are $1,900.

Listings

Studio

$750

2%

27%

1 bedroom

$1,829

18%

4%

2 bedroom

$1,897

1%

9%

3 bedroom

$2,890

13%

14%

4 bedroom

$750

45%

26%

Studio

Average rent

$750

Last 30 days

2%

Last year

27%

1 bedroom

Average rent

$1,829

Last 30 days

18%

Last year

4%

2 bedroom

Average rent

$1,897

Last 30 days

1%

Last year

9%

3 bedroom

Average rent

$2,890

Last 30 days

13%

Last year

14%

4 bedroom

Average rent

$750

Last 30 days

45%

Last year

26%

The table above reflects average rent prices in Lakeshore, 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.

How does rent in Lakeshore, Waterloo, ON compare to other neighborhoods?

Compare median rent prices in Lakeshore and Beechwood by all bedroom counts and property types.

Lakeshore

Median rent price$1,704
decreased by13%

lower than the national median

Median rent price$2,015
increased by3%

higher than the national median

Takeaway

The median rent for all rentals in Lakeshore, Waterloo, ON is 15% lower than the median rent in Beechwood, Waterloo, ON.

Discover rentals in Lakeshore, Waterloo, ON

365 Roselawn Pl - Photo 1 of 1
New construction

5d+ ago

8.9

Very good

365 Roselawn Pl

365 Roselawn Pl, Waterloo, ON N2L 5P1

3 beds

1 bath

$500

Apartment for rent

365 Roselawn Pl - Photo 1 of 1
New construction

5d+ ago

Lakeshore house for rent in Waterloo

3 beds

1 bath

$500

House for rent

Available Jun 1

415 Lakeview Drive - Photo 1 of 1

1d ago

Lakeshore house for rent in Waterloo

House for rent

Available Jun 1

50 Austin Dr #LOWER - Photo 1 of 1

5d+ ago

Lakeshore apartment for rent in Waterloo

Lower Level Apartment - 50 Austin Dr.

50 Austin Dr #LOWER, Waterloo, ON N2L 3Y3

3 beds

1 bath

$1,995

Apartment for rent

Stay up to date with rental market insights

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

Frequently asked questions for Lakeshore, Waterloo, ON

Quick answers to common questions about the Lakeshore rental market.

How much is rent in Lakeshore?

The average rent in Lakeshore is $1,704 per month as of May 30, 2026.

Is rent up or down in Lakeshore?

Average rent prices in Lakeshore have remained the same over the last month and have decreased by 10% since last year.

How does Lakeshore rent compare to the national average?

Rent in Lakeshore is 13% below the national average, which means renters are paying approximately $246 less per month.

What salary do I need to afford rent in Lakeshore?

To comfortably afford rent in Lakeshore, you'd need to earn approximately $68,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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