waterloo, ontario apartment & house rentals
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Waterloo, Ontario Apartment & House Rentals

Waterloo has a large student community, as a university town. This makes looking for cheap apartments for rent in Waterloo a breeze. Beyond the students, there is a fairly equal distribution among working adults of all ages. Singles, couples and families, though children appear to be on the younger side, are all popular. The common theme among many locals is of course that they research or work in a tech or tech-related industry.

At its core Waterloo is the silicon valley of Canada. Microsoft, Shopify, RIM, and lots of high-tech startups now have offices in Waterloo? The University of Waterloo and Wilfred Laurier have become leaders in high-tech research, placing the town on the map of Silicon Valley. Now there is a demand for a direct train between Toronto and Waterloo with all the companies coming in, making it easier to match the corporate power of Toronto with the technological prowess of Waterloo. If you’re seriously interested in getting into tech the tech space while remaining in Canada, finding apartments for rent in Waterloo should be a top priority. 

Average Rent Prices in Waterloo, Ontario

Bedrooms Average Median Sampled
Apartments
View Listings
1
room
$1,630
$1,750
66 units
2
rooms
$2,068
$2,097
83 units
3
rooms
$2,390
$2,590
10 units
Houses
View Listings
2
rooms
$2,552
$2,495
15 units
3
rooms
$2,661
$2,948
20 units
4
rooms
$2,827
$2,900
11 units
Condos
View Listings
1
room
$1,814
$1,892
18 units
2
rooms
$2,258
$2,250
30 units
3
rooms
$3,100
$3,100
2 units
Townhouses
View Listings
2
rooms
$2,352
$2,300
13 units
3
rooms
$2,575
$2,725
10 units
Rooms
View Listings
1
room
$765
$700
412 units
Basements
View Listings
1
room
$1,341
$1,490
12 units
2
rooms
$1,822
$1,800
11 units
Duplex/Triplex
View Listings
1
room
$1,718
$1,700
5 units
2
rooms
$1,999
$2,070
14 units
3
rooms
$2,426
$2,495
5 units