Last updated on July 17, 2026

Average rent in
Lakeshore, Waterloo, ON

Median rent

Median rent in Lakeshore

$1,645/mo

decreased by13%

vs previous year

The average rent in Lakeshore is $1,645 per month as of July 2026. This is 16% below the national average rent, or $305 less per month.

$2.88

average price per square foot

Total rentals

Available rentals in Lakeshore

29

for rent on Zumper.com as of July 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

Rent trends in Lakeshore, Waterloo, ON

Average rent prices in Lakeshore have decreased by 3% over the last month and have decreased by 13% 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 $1,652, whereas a house costs $1,925. 1-bedroom apartments in Lakeshore run $1,643 on average, while 2-bedroom apartments are $1,800.

Listings

Studio

$750

8%

18%

1 bedroom

$1,643

6%

23%

2 bedroom

$1,750

8%

23%

3 bedroom

$2,890

14%

34%

4 bedroom

$750

9%

-

Studio

Average rent

$750

Last 30 days

8%

Last year

18%

1 bedroom

Average rent

$1,643

Last 30 days

6%

Last year

23%

2 bedroom

Average rent

$1,750

Last 30 days

8%

Last year

23%

3 bedroom

Average rent

$2,890

Last 30 days

14%

Last year

34%

4 bedroom

Average rent

$750

Last 30 days

9%

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$1,645
decreased by16%

lower than the national median

Median rent price$1,790
decreased by8%

lower than the national median

Takeaway

The median rent for all rentals in Lakeshore, Waterloo, ON is 8% lower than the median rent in Beechwood, Waterloo, ON.

Discover rentals in Lakeshore, Waterloo, ON

14 Columbia St W - Photo 1 of 1

5d+ ago

Lakeshore apartment for rent in Waterloo

1 bed

1.5 baths

$650

Apartment for rent

Available Jun 11

10 Cardill Cres #A3 - Photo 1 of 1

5d+ ago

Lakeshore apartment for rent in Waterloo

Apartment for rent

Available Jun 13

392 Albert St #4 - Photo 1 of 1

5d+ ago

Lakeshore apartment for rent in Waterloo

5 Student condo in the middle of Waterloo's universities

392 Albert St #4, Waterloo, ON N2L 3V1

Studio

2 baths

$740

Apartment for rent

Available Dec 31

392 Albert St #3 - Photo 1 of 1

5d+ ago

Lakeshore apartment for rent in Waterloo

5 Student condo in the middle of Waterloo's universities

392 Albert St #3, Waterloo, ON N2L 3V1

Studio

2 baths

$740

Apartment for rent

Available Aug 31

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 $1,645 per month as of July 11, 2026.

Is rent up or down in Lakeshore?

Average rent prices in Lakeshore have decreased by 3% over the last month and have decreased by 13% since last year.

How does Lakeshore rent compare to the national average?

Rent in Lakeshore is 16% below the national average, which means renters are paying approximately $305 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 $66,000/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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