- 18 James St, Waterloo, ON N2J2S9$999+ /mo1 bed18 James StWaterloo, ON N2J2S9Special Offer
- 168 King St N, Waterloo, ON N2J0B8$1,050+ /mo1 bed168 King St NWaterloo, ON N2J0B8Special Offer
- 605 Davenport Rd, Waterloo, ON N2L6H8$1,397/mo1 bed · 2 units available605 Davenport RdWaterloo, ON N2L6H8Special Offer
- 274 Erb St W, Waterloo, ON N2L1W2$1,454+ /mo1 - 2 beds · 2 units available274 Erb St WWaterloo, ON N2L1W21 Month Free
- 137 University Ave W, Waterloo, ON N2L3E6$1,487+ /moStudio - 2 beds · 1 bath · 723 - 1,281 sq ft137 University Ave WWaterloo, ON N2L3E62 Months Free

- 295 Dale Cres, Waterloo, ON N2J3Y5$1,490+ /moStudio - 2 beds · 2 units available295 Dale CresWaterloo, ON N2J3Y5

- 25 Westmount Rd N, Waterloo, ON N2L5G7$1,495+ /mo1 - 3 beds · 11 units available25 Westmount Rd NWaterloo, ON N2L5G7New Today

- 200 Shakespeare Dr, Waterloo, ON N2L6C1$1,530+ /moStudio - 2 beds · 1 - 2 baths · 475 - 1,407 sq ft200 Shakespeare DrWaterloo, ON N2L6C12 Months Free

- 611 Davenport Rd, Waterloo, ON N2L0L3$1,557+ /mo1 - 2 beds · 7 units available611 Davenport RdWaterloo, ON N2L0L3New Today

- 5 Amos Ave, Waterloo, ON N2L2W6$1,595+ /mo1 - 2 beds · 15 units available5 Amos AveWaterloo, ON N2L2W61 Month Free

- 154 Erb St E, Waterloo, ON N2J1M4$1,599/mo2 beds · 5 units available154 Erb St EWaterloo, ON N2J1M4New Today

- 285 Erb St W, Waterloo, ON N2L1W5$1,599+ /mo1 - 3 beds · 1 bath · 711 - 1,233 sq ft285 Erb St WWaterloo, ON N2L1W5Special Offer

- 500 Glenelm Cres, Waterloo, ON N2L5C8$1,613+ /mo1 - 3 beds · 3 units available500 Glenelm CresWaterloo, ON N2L5C8New Today

- 520 Parkside Dr, Waterloo, ON N2L5E3$1,649+ /mo1 - 3 beds · 1 - 1.5 baths · 785 - 1,134 sq ft520 Parkside DrWaterloo, ON N2L5E3Special Offer

- 400 Parkside Dr, Waterloo, ON N2L6E5$1,670+ /mo1 - 2 beds · 1 bath · 496 - 1,021 sq ft400 Parkside DrWaterloo, ON N2L6E52 Months Free

- 160 Wissler Rd, Waterloo, ON N2K2T6$1,675+ /mo2 beds · 4 units available160 Wissler RdWaterloo, ON N2K2T6Special Offer

- 130 Lincoln Rd, Waterloo, ON N2J4N3$1,699+ /mo1 - 2 beds · 1 bath · 635 - 978 sq ft130 Lincoln RdWaterloo, ON N2J4N3Special Offer

- 201 Erb St W, Waterloo, ON N2L1V6$1,715+ /mo1 - 2 beds · 1 bath201 Erb St WWaterloo, ON N2L1V6

- 300 Regina St N, Waterloo, ON N2J3B8$1,727+ /mo1 - 3 beds · 1 - 2 baths · 1,020 sq ft300 Regina St NWaterloo, ON N2J3B82 Months Free

- 580 Coldstream Dr, Waterloo, ON N2V2H3$1,795+ /mo1 - 2 beds · 1 - 2 baths · 610 - 630 sq ft580 Coldstream DrWaterloo, ON N2V2H3

- 57 Union St E, Waterloo, ON N2J1B9$1,799+ /mo2 beds · 1 - 2 baths · 927 - 932 sq ft57 Union St EWaterloo, ON N2J1B9

- 130 Columbia St W, Waterloo, ON N2L0G6$1,812+ /mo1 - 2 beds · 51 units available130 Columbia St WWaterloo, ON N2L0G6

- 150 Wissler Rd, Waterloo, ON N2K3C6$1,825+ /mo1 - 2 beds · 8 units available150 Wissler RdWaterloo, ON N2K3C6$750 Off

- 477 Parkside Dr, Waterloo, ON N2L4X6$1,845+ /mo1 - 2 beds · 1 bath477 Parkside DrWaterloo, ON N2L4X6

- 485 Parkside Dr, Waterloo, ON N2L4X6$1,849+ /mo1 - 2 beds · 1 bath · 763 - 884 sq ft485 Parkside DrWaterloo, ON N2L4X6Special Offer

- 239 Albert St, Waterloo, ON N2L3T7$1,864+ /mo1 bed · 52 units available239 Albert StWaterloo, ON N2L3T7

- 91 Milford Ave, Waterloo, ON N2L3Z5$1,900+ /mo2 - 3 beds · 3 units available91 Milford AveWaterloo, ON N2L3Z5

- 410 Westhaven St, Waterloo, ON N2T0A4$1,900+ /mo1 - 2 beds · 1 - 2 baths · 661 - 1,020 sq ft410 Westhaven StWaterloo, ON N2T0A41 Month Free

- 99 Milford Ave, Waterloo, ON N2L3Z3$1,950/mo2 beds · 2 units available99 Milford AveWaterloo, ON N2L3Z3Special Offer

- 246 Albert St, Waterloo, ON N2L0G5$1,961+ /mo1 - 2 beds · 25 units available246 Albert StWaterloo, ON N2L0G5

- 17 Barrel Yards Blvd, Waterloo, ON N2L0E4$2,049+ /mo1 - 2 beds · 4 units available17 Barrel Yards BlvdWaterloo, ON N2L0E4

- 155 King St N, Waterloo, ON N2J1P6$2,070+ /mo1 - 2 beds · 6 units available155 King St NWaterloo, ON N2J1P6

- 90 Churchill St, Waterloo, ON N2L2X2$2,095+ /mo2 - 3 beds · 1 bath · 870 - 1,330 sq ft90 Churchill StWaterloo, ON N2L2X2Special Offer

- 12 Merchant Ave, Waterloo, ON N2L0E6$2,099+ /mo1 - 2 beds · 2 units available12 Merchant AveWaterloo, ON N2L0E6

- 28 Westhill Dr, Waterloo, ON N2J3Z4$2,100+ /mo1 - 2 beds · 2 baths · 760 - 890 sq ft28 Westhill DrWaterloo, ON N2J3Z42 Months Free

- 16 Barrel Yards Blvd, Waterloo, ON N2L0C4$2,129+ /mo1 - 2 beds · 4 units available16 Barrel Yards BlvdWaterloo, ON N2L0C4

- 20 University Ave E, Waterloo, ON N2J2V7$2,300+ /mo1 bed · 67 units available20 University Ave EWaterloo, ON N2J2V7

- 30 Noecker St, Waterloo, ON N2J2R4$2,400/mo4 beds · 2 baths30 Noecker StWaterloo, ON N2J2R4

- 23 Barrel Yards Blvd, Waterloo, ON N2L0E3$2,505+ /mo1 - 2 beds · 3 units available23 Barrel Yards BlvdWaterloo, ON N2L0E3

Updated
Waterloo Snapshot
Frequently asked questions
How many cheaper, more affordable apartments are available in Waterloo, ON?
There are 404 cheaper apartment units available for rent.
What does "Cheap" mean for Apartment rentals in Waterloo, ON?
Cheap is a relative term to communicate more "affordable" rental and living expenses. Although a property might be found within the "Cheap and Affordable Apartments" search, does not mean it is a low-quality rental. These more affordable apartments are also relative to the other apartment inventory within Waterloo. Some areas will be cheaper than others and based on demand, rent will fluctuate.
How to search for Cheap and Affordable Apartments in Waterloo, ON?
When searching on HotPads for more affordable apartments, use the "Sort:" feature to sort apartments by Lowest Price for Waterloo. Additionally, set a max price for your search and select "Save search" to be notified in real-time when "cheaper" apartments come on the market.
What are some additional tips for securing a "cheaper" apartment?
Although a larger multi-tenant building is less likely to negotiate rental terms there are a few things that don't hurt to try, including:
- Offer to sign a longer lease for lowered monthly rent
- Negotiate landscaping or property maintenance for lowered monthly rent
- Ask about becoming an onsite property manager
- Educate yourself regarding the apartment rental market and market rates in Waterloo. Knowing this will help you accurately negotiate fair rent.



