Rental Market Trends in Waterloo, ON

The average rent in Waterloo, ON is around $2900 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Waterloo, ON.

Currently, there are 37 rental properties available in Waterloo, ON. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Waterloo, ON, you have plenty of choices to explore!

If you're looking for budget-friendly neighborhoods in Waterloo, ON, consider these options:

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The most expensive neighborhoods in Waterloo, ON are:

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Over the past year, the average rent in Waterloo, ON have increased by approximately 0%, which translates to $241 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.

The Average rent price in Waterloo, ON for July 2025 is $2900, which is $188 less than in June.