• 3 BED
      • 1 BATH
      • PETS

      285 Erb 285 Erb Street West, Waterloo, ON N2L 1W5

      Located minutes from the University of Waterloo and Wilfred Laurier University, this building is steps from education, entertainment and shopping. Enjoy easy access to the Conestoga Parkway and transit routes right outside your door. Our building offers newly renovated suites that are professionally managed by onsite staff.285 Erb Street offers beautifully upgraded one, two and three bedroom suites. Call our professional leasing team to book your viewing today!Utilities Included: Heat Water

      • 3 BED
      • 1 BATH

      $1,580

      today
      • 3 Bedroom $1,580

      $1,580

      • 2 BED
      • 1.5 BATH
      • PETS

      457-499 Albert 457-499 Albert Street, Waterloo, ON N2L 5A7

      Located just minutes from the University of Waterloo, Wilfred Laurier University and downtown Waterloo, this property is a perfect location for students and professionals. Walking distance to all your shopping and entertainment needs. Enjoy the convenience of having public transit right outside your door. Professionally managed by onsite staff.457-499 Albert Street offers a variety of spacious one,  two and three bedroom units. Call our professional leasing team to book a viewing today!Shopping made easy with Parkdale Plaza directly across the street offering various restaurants, fast food, coffee shop, Shoppers Drug Mart & more!Major bus route steps from your front door with direct route to both Wilfrid Laurier and Waterloo UniversityLess than 3 kms from the University of Waterloo and Wilfrid Laurier University.Utilities Included: Heat Water

      • 2 BED
      • 1.5 BATH

      $1,275

      today
      • 2 bedroom Townhouse $1,275

      $1,275

      • 1 BED
      • 2 BATH
      • 1,356 FT²
      • PETS

      201 Lester Street Waterloo, ON N2L 3w3

      1 Bedroom located near University of Waterloo and Laurier!

      • 1 BED
      • 2 BATH
      • 1,356 FT²

      $425

      today
      • 1 bedroom $425

      $425

      • 2 BED
      • 0 BATH
      • PETS

      Metropolitan Towers 57 Union Street East, Waterloo, ON

      Get everything on your wish list: value, convenience and space. Exceptional living is waiting for you – call us today.Two Bedroom Apartment from $1535 Metropolitan Towers offers fully renovated, bright and spacious suites with four stainless steel appliances. Live in style. Residents enjoy the many amenities including convenience, parking, modern security systems, community events and attentive, friendly staff! Many of our suites are unique with an array of stylish features such as: ceramic tiles, new appliances, private balconies and much more!  Located near Kitchener-Waterloo Hospital and downtown Waterloo, Metropolitan Towers features shopping and schools only steps away from the front door as well as many local dining options. 57 Union Street East is located within walking distance of public transit including the new LRT, close to Waterloo Town Square, Walmart and Sobeys, Banks, and Parks! 

      • 2 BED
      • 0 BATH

      $1,535

      29 days ago
      • two $1,535

      $1,535

      • 1 BED
      • 0 BATH
      • PETS

      Avenue Apartments 137 University Ave W, Waterloo, ON

      Jr. Two Bedroom Apartment from $1495 Avenue Apartments are fully renovated with modern finishes and feature stainless steel appliances including a Fridge, Stove, Dishwasher & Microwave, private balconies, neutral colour palettes. Walk to class this semester, our building is located minutes from Wilfrid Laurier & University of Waterloo. Some building highlights include a pet friendly environment, outdoor green spaces, security cameras, and outdoor and visitor parking available. Located minutes from the University of Waterloo and Wilfred Laurier University, this building is steps from entertainment and shopping. Some popular restaurants near you are Maxwell's, Tim Hortons, William's & Crabby Joes, If you love the outdoors you are minutes to Laurel Trail, Centenial Park, and Veteran's Garden. You have easy access to the Conestoga Parkway and transit routes right outside your door.

      • 1 BED
      • 0 BATH

      $1,305

      29 days ago
      • one $1,305
      • two $1,495
      • bachelor $1,130

      $1,305

      • 2 BED
      • 0 BATH
      • PETS

      Parkside Tower 400 Parkside Drive, Waterloo, ON

      Two Bedroom Apartment from $1305 Your new home features large rooms, with bright windows throughout, and modern renovations. Enjoy sipping your morning coffee on your own private balcony. Move in and move up to better living! At Parkside Tower you willl be close to schools, community centres and shopping. Laurel Trail is moments away for your relaxation and enjoyment. Your new home features large rooms, bright windows throughout, and modern renovations.  Only a short walk to the Waterloo Public Library, Albert McCormick Community Centre, the University of Waterloo, Wilfrid Laurier University and Conestoga College.

      • 2 BED
      • 0 BATH

      $1,305

      29 days ago
      • two $1,305

      $1,305

      • 1 BED
      • 0 BATH
      • PETS

      Richmond Square 300 Regina Street N, Waterloo, ON

      Three Bedroom Apartment from $1870 Our renovated suites are bright and modern and some of the biggest in Waterloo, making them great for entertaining, group studying, or just hanging out. They are open concept and the private balconies offer great city and university views. Water and heating are included! Richmond Square is a large two tower property with lots of green spaces, parking, on site laundry facilities, and on-site management for security. New to Richmond Square will is a large recreation facility that features a Multi Sport Court, Fully Equipped Gym, Yoga Studio, Group and Private Study Lounge, and a Multi-Media Lounge perfect for hosting events or hanging out with your friends. Richmond Square is located in a very walkable neighbourhood with lots of restaurants, coffee shops, night spots, grocery stores, and a library all within walking distance. Transportation is unbeatable in this neighbourhood with the LRT being minutes from your door step. 

      • 1 BED
      • 0 BATH

      $1,210

      29 days ago
      • one $1,210
      • two $1,515
      • three $1,870

      $1,210

      • 0 BED
      • 0 BATH
      • PETS

      Albert Apartments 383 Albert Street, Waterloo, ON

      Two Bedroom + Studio Apartment from $1415 Suites are spacious and bright, kitchens are completely renovated and offer four stainless steel appliances. The two bedroom + studio is spacious and perfect for 3 roommates or a family. Be proud to have your friends and family over. 383 Albert offers you many reasons to make it your new home. Enjoy the close proximity to all the major schools and downtown, plus upscale touches like plank flooring, modern kitchen appliances, upgraded bathroom and great balcony views. Close to everything you need – located near the David Johnston Research and Technology Park, shopping, restaurants, and the universities.

      • 0 BED
      • 0 BATH

      $1,415

      29 days ago
      • bachelor $1,415
      • one $1,095
      • two $1,310

      $1,415

      • 1 BED
      • 1 BATH
      • PETS

      Caroline St N Waterloo, ON N2L 3S4

      Fully Furnished 1 Condo/Apartment 1 Bedroom, 1

      • 1 BED
      • 1 BATH

      $750

      3 months ago
      • 1 Bedroom $750

      $750

      • 4 BED
      • 1.5 BATH
      • 1,700 FT²
      • PETS

      346 Westcourt Pl Waterloo, ON N2L 2R7

      Summer Sublet all furnished move in ready

      • 4 BED
      • 1.5 BATH
      • 1,700 FT²

      $425

      4 months ago
      • 4 Bedroom $425

      $425

      • BED
      • BATH
      • PETS

      404 Tealby Crescent Waterloo, ON N2J 4Y8

      Full House For rent

      • BED
      • BATH

      $N/A

      4 months ago

      $N/A

      • 5 BED
      • 2 BATH
      • PETS

      17 Fir Street, 1-5 Waterloo, ON N2L 3H4

      ALL INCLUSIVE Furnished 5 Bedroom Units | Steps to University

      • 5 BED
      • 2 BATH

      $535

      5 months ago
      • 5 Bedroom $535
      • 5 Bedroom $535
      • 5 Bedroom $585
      • 5 Bedroom $585
      • 5 Bedroom $585

      $535

      • 4 BED
      • 3.5 BATH
      • 2,800 FT²
      • PETS

      236 Sleaford St Waterloo, ON N2J 4Z8

      4BR Detached near Conestoga Mall

      • 4 BED
      • 3.5 BATH
      • 2,800 FT²

      $2,200

      6 months ago
      • 4 Bedroom $2,200

      $2,200

      • 3 BED
      • 2.5 BATH
      • 2,200 FT²
      • PETS

      Grey Silo Road, Waterloo, ON, Canada Waterloo, ON N2J 4G8

      3Bedroom house newly built for rent close to Waterloo University

      • 3 BED
      • 2.5 BATH
      • 2,200 FT²

      $1,999

      7 months ago
      • 3 Bedroom $1,999

      $1,999

      • 6 BED
      • 3 BATH
      • 2,700 FT²
      • PETS

      134 Greenbrier Dr Waterloo, ON N2L 4B5

      8 rooms available Sept 1st 2018 (near Albert st)

      • 6 BED
      • 3 BATH
      • 2,700 FT²

      $450

      8 months ago
      • 6 Bedroom $450

      $450

      • 2 BED
      • 1 BATH
      • PETS

      55 Caroline St N Waterloo, ON N2L 6B9

      Large carpeted suites. Ideal location. Adjacent to Waterloo Park and within walking distance to community centre and sports centre and library. Beautiful views of downtown. 24-hour on-site super.Utilities Included:Water

      • 2 BED
      • 1 BATH

      $1,300

      today
      • Two Bedroom Apartment $1,300
      • One Bedroom Apartment $1,200

      $1,300

      • 2 BED
      • 1 BATH
      • PETS

      520 Parkside Drive Waterloo, ON N2L 5E3

      1, 2, and 3 bedroom units in well maintained 3 storey walk up building with controlled entry. Located across the street from the community centre and library. Schools and shopping are within walking distance and the local bus stop is at your front door. Super on-site. Call us today at 226-339-4764 to book your showing!Utilities Included: Heat Water

      • 2 BED
      • 1 BATH

      $1,250

      today
      • Two Bedroom Apartment $1,250

      $1,250

      • 3 BED
      • 2 BATH
      • PETS

      130 & 140 Lincoln Road Waterloo, ON N2J 4N3

      Well maintained building in Waterloo. Within walking distance to schools and shopping including 24hr shopping at Sobeys, Shoppers Drugmart and others. Outdoor swimming pool, billiard room, party room, exercise room. Located next to the Moser Springer Park, and the Waterloo Transit bus route. Indoor parking! Call 226-339-4764 to book your showing!Utilities Included:Water

      • 3 BED
      • 2 BATH

      $1,700

      today
      • Three Bedroom Apartment $1,700
      • Two Bedroom Apartment $1,350
      • One Bedroom Apartment $1,200

      $1,700

      • 2 BED
      • 0 BATH
      • PETS

      Parkside Tower 400 Parkside Drive, Waterloo, ON

      Special Offer! 2 free months on now! Call us today! Two Bedroom Apartment from $1250 Your new home features large rooms with bright windows throughout and modern renovations. Enjoy sipping your morning coffee on your own private balcony. Be Home Free at one of our communities today! Sign a 1-year Lease and be entered to WIN YOUR RENT FREE! Find Out More: www.timbercreekcommunities.com/behomefree Move in and move up to better living! At Parkside Tower you willl be close to schools, community centres and shopping. Laurel Trail is moments away for your relaxation and enjoyment. Your new home features large rooms, bright windows throughout, and modern renovations.  Only a short walk to the Waterloo Public Library, Albert McCormick Community Centre, the University of Waterloo, Wilfrid Laurier University and Conestoga College.

      • 2 BED
      • 0 BATH

      $1,250

      1 year ago
      • two $1,250
      • one $1,045

      $1,250

      • 3 BED
      • 0 BATH
      • PETS

      Avenue Apartments 137 University Ave W, Waterloo, ON

      Special Offer! 3 FREE MONTHS on now! Call us today! OPEN HOUSE this Saturday!Furnished Two Bedroom Apartment from $1615 Avenue Apartments offers fully renovated bright and spacious suites with four stainless steel appliances. Live in style. Be Home Free at one of our communities today! Sign a 1-year Lease and be entered to WIN YOUR RENT FREE! Find Out More: www.timbercreekcommunities.com/behomefree With a location this convenient, who needs a car? You'll be close to the University of Waterloo, Wilfrid Laurier University, grocery stores, restaurants, parks, community centres and public transit! Bright suites feature upgraded finishes, new appliances and ceramic flooring, plus private balconies. Enjoy all that Waterloo has to offer as Avenue Apartments is just steps away from all that you need.

      • 3 BED
      • 0 BATH

      $1,730

      1 year ago
      • three $1,730
      • two $1,615
      • one $1,235
      • bachelor $1,090

      $1,730

  • Rental Categories Listings
    Furnished 4
    Short Term 3
    Corporate Housing 2
    Student Housing 4
    Senior Housing 1
    Co-op Housing 2
    Cheap Rentals 2
    Luxury Rentals 2
    Live Work 3
    Sublet 1
    Vacation Rentals 1

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    Nearby Cities

Live life in the high-tech lane

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Waterloo is making its mark not just on Canada but the world, quickly turning into the Silicon Valley of the North. Google, Shopify, RIM, and tons of high-tech start-ups now have their offices – or Canadian offices – in Waterloo. Why the tech rush? Well, the University of Waterloo and Wilfred Laurier are have become high-tech education leaders, putting the city on Silicon Valley’s radar. Now, with all the companies coming in, there’s a push for a direct train between Toronto and Waterloo, making it easier to combine Toronto’s strength in business with Waterloo’s technological advancements. Basically, if you’re serious about learning about or pursuing a career in the technology field, hop on the Waterloo elevator fast – because this city’s skyrocketing!

Housing Market

Waterloo is a great city for renters. There are plenty of homes and apartments to choose from. Prices still aren’t sky-high – though they may get that way once the train to Toronto goes in. In the meantime, there are some deals to be squeezed out of Waterloo’s housing market. Are you a student? If so, you’ll be thrilled to hear there’s a glut of student housing in between U of W and Laurier! Just don’t expect anything too fancy…

Typical housing type:

Single-family, detached homes.

Side note:

There’s a complaint from some that Waterloo isn’t a party town… It isn’t. If you want a party town, head on over to our entry on Kitchener. It’s right next door to Waterloo and it’s got a more relaxed vibe. But if you’re a super achiever, Waterloo is filled with your people!

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Average Rent Prices in Waterloo

Avg. rent by housing size:

Bach/studio: $1,005

1-bedroom: $1,271

2-bedroom: $1,475

3-bedroom: $1,833

Avg. rent compared to other Canadian cities

Waterloo is 12% higher than the Canadian average

Apartment Hunting in Waterloo

Waterloo is a big education town, so there are plenty of rentals geared to students near the universities. These rentals tend to be low-cost – but have limited amenities. Don’t be hunting for pools and dishwashers here! For those and other amenities, search Waterloo’s newly renovated and high-end downtown condos and apartments. Just know you’ll be paying a chunk more as these places are targeted to employees in the city’s growing technology sector. Most of these places aren’t particularly pet-friendly, but some do offer hydro included.

Waterloo also has beautiful older homes, some of which are rented out and many of which have gorgeous backyards.

Residents

As a university town, Waterloo has a large student population. Outside the students though, there’s a pretty even spread amongst all ages of working adults. Singles, couples, and families are all common, though children tend to be on the younger side. Of course, the common thread amongst many locals is that they study or working in a tech or tech-related industry. That also means there are a lot of early adopters who always have the latest gadget or program. Ironically, there’s a solid Mennonite community, including a significant number of Old Order Mennonites who shun advanced technology of any kind.

Perfect for: Workers in a high-tech field and Mennonite families.

Not-so-perfect for: People who want don’t prioritize work, studies, or family.

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Life & Style

Life in Waterloo revolves around hard work. The city wasn’t always this way; but, with the growing tech boom, it’s moved in a more serious direction. Locals dedicate themselves to make breakthroughs, launch businesses, and get scouted by the best technology firms. That often means forgoing relationships or starting families, prioritizing career advancement instead. For those outside the tech field, life is quite different though. These locals tend to embrace Waterloo’s continued small-town feel, getting to know their neighbours and settling down to start families. Family life is especially important to member of the Mennonite community, who often own and operate local farms together.

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Neighbourhood

Waterloo caters to the tech companies and university students. There’s a lot of quick and cheap food, especially by the schools. In terms of shopping, you’re best to head over to Kitchener’s Fairview mall. The best food options are at the Waterloo farmers’ market, in close-by St. Jacobs, or at the local Mennonite farm stores. For relaxation, there are many educational options, ranging from museums to historical sites. Need a break from all the work and studying? Head over to one of the areas many parks or other green spaces.

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Landmarks:

City of Waterloo Museum

TheMuseum

Canadian Clay and Glass Gallery

Earth Sciences Museum

West Montrose Covered Bridge

GeoTime Trail

Waterloo Pioneers Memorial Tower

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