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Studio Apartments for Rent in Waterloo, ON

Studio Apartments for Rent in Waterloo, ON. 40 Rentals Available
40 Rentals Available
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22-3-city

Frequently asked questions

What is the price of a studio apartment in Waterloo, ON?
How many studio apartments for rent are available in Waterloo, ON on RentCafe?

There are 22 studio rentals available on RentCafe. Prices and availability in Waterloo, ON were last updated on 18 Jun 2026.

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

The average Waterloo, ON studio apartment size is 260 sq. ft.

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

Studio apartments in Waterloo, ON tend to be more affordable than other apartments and they have lower utility costs.

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

One of the downsides of living in a studio apartment is the limited storage space.

Renting a studio apartment in Waterloo, ON

If you are looking for affordable housing you’re in the right place. There are 40 rental units, with prices starting from as low as $695. Are you the typical bachelor who thinks a house is four wheels with a bed and not a zen-zone where happiness lives? Or maybe you are a very active professional, living the big-city life, practically spending all your existence downtown: working, eating and having fun. Essentially, you’re only going home for sleeping. So why would it bother you that you have your kitchen in the main room and there is no balcony with beautiful views? You don’t have time to enjoy it anyway. And besides, you’re not the type to be staying in anyways. In that case, all you need is a cheap studio. The average size for apartments in Waterloo, ON is 317 Sqft, but you will end up most probably with something much smaller, which will be nonetheless a good deal. If you’ve already set your mind on the “find efficiency apartment” mode, stop reading now and select “Studio” from our Beds filter. On the other hand, if you’re looking for something that is a bit homier, keep reading.

If you are not Mr. or Mrs. efficiency apartment…

It looks like you’re ballin’ on a budget, but you like your alone time at home. There can be huge differences between a small apartment and a studio apartment. If you like unwinding at home after a long day and cooking on the weekends, we recommend you to search for single bedroom apartments, where you will have a bit more space and a separate kitchen. Let’s face it, moving into a studio just because it’s a good deal it’s not always a good idea. Yes, probably your apartment will be more expensive than the cheapest pad in Waterloo, ON which is going for $695, but it’s hard to put a price on feeling comfortable in your own home. Going down this path doesn’t necessarily mean either that you will need to overspend, with 25 listings and an average rent of $1,193 you will most likely find a one room apartment to call home.