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Cheap Apartments for Rent in Waterloo, ON

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  • Apartments Under $600 Apartments Under $700 Apartments Under $900 Apartments Under $1,400 Apartments Under $1,500 Apartments Under $1,600

  • Apartments Under $600

  • 4 bd $590+
    5 bd $610+
    Base rent
    Verified Listing

    143 Columbia

    143 Columbia St W, Waterloo, ON N2L 3L2
    Apply online

  • Apartments Under $700

  • 5 bd $617+
    Base rent
    Verified Listing

    Linden Village Inc.

    203 Lester St, Waterloo, ON N2L 0B5
    Apply online • Pet friendly
  • 1 bd $617+
    Base rent
    Verified Listing

    Spring Village

    4.0 (4)
    208 Sunview St, Waterloo, ON N2L 3V6
    Apply online
  • 274 Highland Road E 1-2 Beds Apartment for Rent
    Only 1 unit left
    1 bd $653
    Base rent
    Verified Listing

    274 Highland Road E, Kitchener

    274 Highland Road E, Kitchener, ON N2M 3W4
    Apply online • Pet friendly
  • 4 bd $675
    Base rent
    Verified Listing

    298 Spruce Street

    4.5 (1)
    298 Spruce Street, Waterloo, ON N2L 3M5
    Apply online • In unit laundry • Dishwasher

  • Apartments Under $900

  • 2 bd $875
    3 bd $875
    4 bd $875
    Base rent
    Verified Listing

    1276 Wilby

    1276 Wilby Rd 4, St. Agatha, ON N0B 2L0

  • Apartments Under $1,400

  • Rent specials
    1 bd $1,300
    Base rent
    Verified Listing

    48 Weber Street West

    48 Weber Street West, Kitchener, ON N2H 3Z2
    Pet friendly • In unit laundry • Dishwasher
  • 4 units available
    1 bd $1,325
    2 bd $1,374+
    Base rent
    Verified Listing

    214 Queen Street South

    214 Queen Street South, Kitchener, ON N2G 1W3
    Apply online • Pet friendly
  • 1 bd $1,399
    Base rent
    Verified Listing

    Royal & Wales Apartments

    48 - 56 College, 64 Weber, 96 Young, Kitchener, ON M5G 1K1
    Apply online • Pet friendly

  • Apartments Under $1,500

  • 1 bd $1,489
    2 bd $1,899
    Base rent
    Verified Listing

    Alexandrian Apartments

    53 Water Street North, Kitchener, ON N2H 5A7
    Apply online • Pet friendly

  • Apartments Under $1,600

  • 23 units available
    1 bd $1,595
    2 bd $1,895
    Base rent
    Verified Listing

    Bloomingdale Mews 1

    593 Strasburg Road, Kitchener, ON N2E 4J1
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $2,000
    Base rent
    Verified Listing

    Avalon Urban Lofts

    1430 Highland Rd. W., Kitchener, ON N2N 0C3
    Apply online • Pet friendly
  • 5-8-city

Frequently asked questions

What is the price of a cheap apartment in Waterloo, ON?

The price range of a cheap apartment is between $610 and $1,595.

How many cheap rentals are available in Waterloo, ON on RentCafe?

There are 1 cheap rentals available on RentCafe. Prices and availability in Waterloo, ON were last updated on 14 Sep 2026.

What is the average size of a cheap apartment in Waterloo, ON?

The average Waterloo, ON cheap apartment size is 544 sq. ft.

What are the advantages of renting a cheap apartment in Waterloo, ON?

Cheap apartments in Waterloo, ON are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Waterloo, ON?

A cheap apartment in Waterloo, ON offers little storage space and fewer amenities compared to other apartments.