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Apartments for Rent in Waterloo

Waterloo OntarioRenters will find a wide variety of apartments for rent in Waterloo. Those who don't wish to live with students should keep away from the areas between and around the University of Waterloo and Wilfred Laurier University, since thousands of students rent there. High-rise apartments can be found anywhere in the city, but are concentrated near the universities, along University Avenue East, at University Street West and Erb Street West, and in the city's downtown core. Many smaller apartment buildings are scattered around the city in residential areas, but finding these will take a bit of exploration.

Waterloo has over 5,000 apartments for rent, about 1,000 more than Cambridge. Vacancies are extremely low, around 1% on average, which means renters will need to hunt around and exercise patience to find the apartment they want and can afford. Rents for 1 bedroom apartments range from $625 to $1,025, rents for 2 bedroom apartments range from $755 to $1,450, and rents for 3 bedroom apartments range from $925 to $1,850. Waterloo is a mature rental apartment market so rents rise as quality and location improves-there will not be many good deals or steals to be found in Waterloo.

Grocery stores are located around the city but in the suburbs, there are no major grocery stores in the city's core, but getting around is much faster than in Kitchener so renters with cars should be okay. Shoppers will find the Conestoga Mall in the north end of the city, but the city's downtown core has undergone a renovation and is now a hip urban zone attractive to younger people and professionals. The famous St Jacob's Farmers Market is located a short distance north of the city.

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Waterloo Apartments for Rent

Pine Grove Apartments

Pine Grove Apartments

Studio from $834
1 bedroom from $946
2 bedroom rent from $1049

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