Apartments for Rent in Waterloo, ON under $1200
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1 bd $850Base rent202 Lester St, Waterloo, ON N2L 3W4Apply online • Dishwasher • Air conditioner
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5 bd $1,022Base rent203 Lester St, Waterloo, ON N2L 0B5Apply online • Air conditioner
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4 bd $750+5 bd $775Base rent143 Columbia St W, Waterloo, ON N2L 3L2Apply online • Pet friendly
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1 bd $785+Base rent208 Sunview St, Waterloo, ON N2L 3V6Apply online • Air conditioner
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Rent specials Only 3 units leftStudio $750Base rent5.0 (1)261 Lester Street, Suite 301, Waterloo, ON L9C 3P7Apply online • Dishwasher • Air conditioner
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Rent specials Only 2 units leftStudio $750Base rent261 Lester Street, Suite 204, Waterloo, ON N2L 3W6Apply online • High Speed Internet • Laundry Facilities
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Only 3 units leftStudio $740Base rent392 Albert Street, Suite 304, Waterloo, ON N2L 3V1Apply online • In unit laundry • High Speed Internet
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Only 2 units leftStudio $795Base rent3.0 (1)253 Lester Street, Suite 302, Waterloo, ON N2L 3W6Apply online • Air conditioner • High Speed Internet
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4 bd $650Base rent4.5 (1)298 Spruce Street, Waterloo, ON N2L 3M5Apply online • Dishwasher • Laundry Facilities
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Rent specials Only 1 unit leftStudio $695Base rent3.0 (2)251 Lester Street, Suite 206, Waterloo, ON N2L 3W6Apply online • Air conditioner • High Speed Internet
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Only 1 unit leftStudio $795Base rent3.5 (1)251 Lester Street, Suite 605, Waterloo, ON N2L 3W6Apply online • Air conditioner • High Speed Internet
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Only 2 units leftStudio $725Base rent251 Lester Street, Suite 202, Waterloo, ON N2L 3W6Apply online • Air conditioner • High Speed Internet
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Only 1 unit leftStudio $795Base rent251 Lester Street, Suite 201, Waterloo, ON N2L 3W6Apply online • Air conditioner • High Speed Internet
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Rent specials Only 1 unit leftStudio $750Base rent3.5 (1)261 Lester Street, Suite 401, Waterloo, ON N2L 3W6Apply online • High Speed Internet • Laundry Facilities
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Only 1 unit left1 bd $595Base rent14 Columbia Street West, Waterloo, ON N2L 3K3Apply online • In unit laundry • Dishwasher
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Rent specialsStudio $75Base rent392 Albert Street, Suite 403, Waterloo, ON N2L 3V1Air conditioner • High Speed Internet • Laundry Facilities
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Studio $725Base rent253 Lester Street, Suite 301, Waterloo, ON N2L 3W6Air conditioner • High Speed Internet • Laundry Facilities
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Ask for pricing201 Lester St, Waterloo, ON N2L 3W3Pet friendly
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5 bd $740Base rent392 ALBERT Street Unit# 304, Waterloo, ON N2L3V1
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4 bd $1,050Base rent217 - 288 ALBERT STREET, Waterloo, ON N2L3T8
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3 bd $1,200Base rent338 ALBERT Street Unit# 208, Waterloo, ON N2L0G8
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1 bd $950Base rentB-312 - 275 LARCH STREET, Waterloo, ON N2L3R2
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1 bd $750Base rent145 MACGREGOR Crescent Unit# 2 (R1), Waterloo, ON N2J3X2
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1 bd $750Base rent145 MACGREGOR Crescent Unit# 8 (R1), Waterloo, ON N2J3X2
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3 bd $1,100Base rent338 ALBERT Street Unit# 205, Waterloo, ON N2L3T8
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Frequently asked questions
When were prices and availability in Waterloo, ON last updated?
Prices and availability in Waterloo, ON were last updated on 10 Nov 2026.
What are the best apartments in Waterloo, ON?
The best apartments in Waterloo, ON are: Uptown Apartments, Vale Station Apartments, 20 University Inc., The HUB - Columbia Village and The Laurels.
Apartments in Waterloo, ON under $1,200
Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,200?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 78 apartments for rent in Waterloo, ON on which you’ll spend less than $1,200. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.
Rentals near you under $1,200
Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,200. The average rental size in Waterloo, ON is 726 Sqft, but the $1,200 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.