Apartments for Rent in Waterloo, ON

Prices and availability in Waterloo, ON were last updated on 15 May 2026.

The best apartments in Waterloo, ON are: Uptown Apartments, 131 University, 144 Lucan Ave, Waterloo, 251 Lester Street, Unit 206 - Student housing and 239 Albert St.

The price range for a studio apartment in Waterloo, ON is between $695 and $2,100.

The price range for a 1-bedroom apartment in Waterloo, ON is between $700 and $2,700.

The price range for a 2-bedroom apartment in Waterloo, ON is between $600 and $3,995.

The price range for a 3-bedroom apartment in Waterloo, ON is between $1,599 and $4,566.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Waterloo are about 0 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 0 stories. About none of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Waterloo come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 0% of the total apartments in the city, while 2-bedroom floorplans represent around 0% of all rentals in Waterloo. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.