Cheap Homes for Rent in Waterloo North West Neighborhood of Waterloo, ON from C$700 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Waterloo North West area of Waterloo.

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Cheapest Available Waterloo North West Apartments for Rent

 

The cheapest available apartment rental in the Waterloo North West area of Waterloo, ON is a Studio unit found at 261 Lester St priced from C$795. 253 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 West apartments for rent in Waterloo, ON:

Apartment ListingModel NameBed/BathPriced From
261 Lester St0 Beds, 2 BathsStudio,2BAC$795
253 Lester St0 Beds, 2 BathsStudio,2BAC$795
Linden Village5 Bedroom Shared Occupancy5BR,2BAC$973

Best Value Apartments for Rent in Waterloo North West, ON

As of April 13, 2025 the best value apartment in the Waterloo North West area is the C$2.04 price per square foot 4 Bedroom Townhouse Model at Sunnydale in the in the Waterloo North West neighborhood starting from C$2,850. The second greatest value Waterloo North West apartment is the 2 Bedroom + 2 Bath Model at The Carrick starting at C$2,585 with a C$2.15 price per square foot in the Kitchener Central neighborhood. Here is today’s list of the best values for Waterloo North West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunnydale4 Bedroom Townhouse4BR,2BAC$2.04
The Carrick2 Bedroom + 2 Bath2BR,2BAC$2.15
239 Albert St1 Bedroom plus Dining1BR,1BAC$2.13
The Onyx1 Bedroom + Den1BR,1BAC$2.36
55 Caroline StTwo Bedroom Apartment2BR,1BAC$2.24
Avenue Apartments2 Bedroom(s) and 1 Bathroom(s)2BR,1BAC$2.50
Beacon TowerOne Bedroom1BR,1BAC$2.07
45 Caroline St NOne Bedroom Apartment1BR,1BAC$2.43
Davenport Apartments1 Bedroom1BR,1BAC$2.27
67 Milford AveOne Bedroom1BR,1BAC$2.54

Frequently Asked Questions about Waterloo North West

What type of rentals are currently available in Waterloo North West?

There are currently 275 Apartments for Rent in Waterloo North West, ON with pricing that ranges from C$575 to C$6,125. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterloo North West ranging from C$700 to C$4,000.

What is the current price range for Rental Homes in Waterloo North West?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterloo North West ranges from C$700 to C$4,000 with an average monthly rent of C$2,478.

How much are larger Three and Four Bedroom Rentals in Waterloo North West?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterloo North West range from C$1,200 to C$3,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,799 to C$3,600. Four Bedroom Single-Family rentals are also available starting from C$2,800 and Four Bedroom Apartments start at C$730.

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.

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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.

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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.