Last updated on August 31, 2026

Average rent in
Lakeshore, Waterloo, ON

Median rent

Median rent in Lakeshore

$1,560/mo

decreased by18%

vs previous year

The average rent in Lakeshore is $1,560 per month as of August 2026. This is 18% below the national average rent, or $350 less per month.

$2.81

average price per square foot

Total rentals

Available rentals in Lakeshore

12

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Lakeshore rentals at each price point

55%41%28%14%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Lakeshore, Waterloo, ON, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Lakeshore, Waterloo, ON

Average rent prices in Lakeshore have increased by 13% over the last month and have decreased by 18% 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 $1,650, whereas a house costs $3,290. 1-bedroom apartments in Lakeshore run $1,699 on average, while 2-bedroom apartments are $1,895.

Listings

Studio

$1,517

7%

64%

1 bedroom

$1,800

6%

8%

2 bedroom

$2,012

4%

5%

3 bedroom

$2,900

4%

24%

4 bedroom

$699

32%

82%

Studio

Average rent

$1,517

Last 30 days

7%

Last year

64%

1 bedroom

Average rent

$1,800

Last 30 days

6%

Last year

8%

2 bedroom

Average rent

$2,012

Last 30 days

4%

Last year

5%

3 bedroom

Average rent

$2,900

Last 30 days

4%

Last year

24%

4 bedroom

Average rent

$699

Last 30 days

32%

Last year

82%

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$1,560
decreased by18%

lower than the national median

Median rent price$2,055
increased by8%

higher than the national median

Takeaway

The median rent for all rentals in Lakeshore, Waterloo, ON is 24% lower than the median rent in Beechwood, Waterloo, ON.

Discover rentals in Lakeshore, Waterloo, ON

485 Parkside Drive - Photo 1 of 1
Rent special

3d ago

8.8

Very good

485 Parkside Drive

485 Parkside Dr, Waterloo, ON N2L 4X6

1–2 beds

1 bath

$1,849–$1,975

Apartment for rent

Stay up to date with rental market insights

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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 $1,560 per month as of August 29, 2026.

Is rent up or down in Lakeshore?

Average rent prices in Lakeshore have increased by 13% over the last month and have decreased by 18% since last year.

How does Lakeshore rent compare to the national average?

Rent in Lakeshore is 18% below the national average, which means renters are paying approximately $350 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 $62,000/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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