Cheap Homes for Rent in Waterloo North East Neighborhood of Waterloo, ON from C$700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterloo North East area of Waterloo.

365 Dale Crescent

58 Bridgeport Rd E

271 Lester St

251 Lester St

49 Columbia St W

8 Hickory St W

8 Hickory St W
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

330 Phillip St

308-308 Lester St

157 Weber St N
Waterloo North East, Waterloo, ON Local Guide
How much does it cost to rent a home in Waterloo North East?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterloo North East 2 Bedroom Homes for Rent | C$2,197 | C$700 | C$2,900 |
Waterloo North East 3 Bedroom Homes for Rent | C$2,921 | C$1,950 | C$3,600 |
Waterloo North East 4 Bedroom Homes for Rent | C$3,631 | C$2,699 | C$4,195 |
Waterloo North East 5 Bedroom Homes for Rent | C$915 | C$700 | C$1,050 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Waterloo North East Neighborhood of Waterloo, ON.
Explore Waterloo
Cheapest Available Waterloo North East Apartments for Rent
 The cheapest available apartment rental in the Waterloo North East area of Waterloo, ON is a 6 Beds unit found at University Place - 50 University Ave E priced from C$670. 261 Lester St has the second lowest priced unit, which is a Studio apartment currently listed from C$795. Here are the most affordable Waterloo North East apartments for rent in Waterloo, ON:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
University Place - 50 University Ave E | 6 Beds, 2 baths | 6BR,2BA | C$670 |
261 Lester St | 0 Beds, 2 Baths | Studio,2BA | C$795 |
253 Lester St | 0 Beds, 2 Baths | Studio,2BA | C$795 |
Linden Village | 5 Bedroom Shared Occupancy | 5BR,2BA | C$973 |
Spring Village | 1 Bedroom Shared Accommodation | 1BR,1BA | C$988 |
Best Value Apartments for Rent in Waterloo North East, ON
As of April 29, 2025 the best value apartment in the Waterloo North East area is the C$2.13 price per square foot 1 Bedroom plus Dining Model at 239 Albert St in the in the Waterloo North East neighborhood starting from C$2,064. The second greatest value Waterloo North East apartment is the 2 Beds, 1 bath Model at University Place - 50 University Ave E starting at C$670 with a C$0.69 price per square foot in the Kitchener North West neighborhood. Here is today’s list of the best values for Waterloo North East apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
239 Albert St | 1 Bedroom plus Dining | 1BR,1BA | C$2.13 |
University Place - 50 University Ave E | 2 Beds, 1 bath | 2BR,1BA | C$0.69 |
Avenue Apartments | 2 Bedroom(s) and 1 Bathroom(s) | 2BR,1BA | C$2.50 |
365 Albert | 1 Bedroom plus Den | 1BR,1BA | C$2.71 |
The HUB GEOWAVE | 1 Bedroom plus Den | 1BR,1BA | C$2.71 |
Sugarbush Gardens | First Floor | 2BR,1BA | C$2.47 |
125 Lincoln Rd, Unit 705 | 125 Lincoln Rd | 1BR,1BA | C$2.60 |
Davenport Apartments | 1 Bedroom | 1BR,1BA | C$2.27 |
67 Milford Ave | One Bedroom | 1BR,1BA | C$2.54 |
130 & 140 Lincoln Road | One Bedroom Apartment | 1BR,1BA | C$2.75 |
Frequently Asked Questions about Waterloo North East
What type of rentals are currently available in Waterloo North East?
There are currently 275 Apartments for Rent in Waterloo North East, ON with pricing that ranges from C$670 to C$6,125. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North East ranging from C$700 to C$4,195.
What is the current price range for Rental Homes in Waterloo North East?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterloo North East ranges from C$700 to C$4,195 with an average monthly rent of C$2,153.
How much are larger Three and Four Bedroom Rentals in Waterloo North East?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterloo North East range from C$670 to C$3,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,950 to C$3,600. Four Bedroom Single-Family rentals are also available starting from C$2,699 and Four Bedroom Apartments start at C$670.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.