Waterloo, ON rental market
What is the average rent in Waterloo, ON?
Rental market summary
The average rent for all bedrooms and all property types in Waterloo, ON is $1,905.
Average rent
$1,905
Month-over-month change
-$15
Year-over-year change
-$95
Available rentals
356
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $500 to $5,500.
| Rent price | Number of rental properties |
|---|---|
| $500 | 9 |
| $600 | 42 |
| $700 | 53 |
| $800 | 4 |
| $900 | 3 |
| $1,000 | 1 |
| $1,300 | 1 |
| $1,400 | 10 |
| $1,500 | 13 |
| $1,600 | 17 |
| $1,700 | 27 |
| $1,800 | 33 |
| $1,900 | 28 |
| $2,000 | 23 |
| $2,100 | 28 |
| $2,200 | 28 |
| $2,300 | 19 |
| $2,400 | 25 |
| $2,500 | 16 |
| $2,600 | 9 |
| $2,700 | 11 |
| $2,800 | 12 |
| $2,900 | 11 |
| $3,000 | 13 |
| $3,100 | 11 |
| $3,200 | 6 |
| $3,300 | 5 |
| $3,400 | 5 |
| $3,500 | 5 |
| $3,700 | 2 |
| $3,800 | 3 |
| $3,900 | 1 |
| $4,000 | 1 |
| $5,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $95 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $2,182 | $1,995 |
| Feb | $2,169 | $1,995 |
| Mar | $2,100 | $1,912 |
| Apr | $2,150 | $1,849 |
| May | $2,140 | $1,849 |
| Jun | $2,050 | $1,875 |
| Jul | $2,100 | $1,815 |
| Aug | $1,996 | $1,900 |
| Sep | $2,043 | $1,865 |
| Oct | $2,000 | No data |
| Nov | $2,000 | No data |
| Dec | $2,000 | No data |
Market temperature
The Waterloo, ON rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Waterloo, ON is 5% lower than the national average.
$1,905
$2,000
Rent in Waterloo, ON
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Frequently asked questions
1. What is the average rent in Waterloo, ON?
2. What is the average rent for a studio apartment in Waterloo, ON?
3. What is the average rent for a one-bedroom apartment in Waterloo, ON?
4. What is the average rent for a two-bedroom apartment in Waterloo, ON?
5. What is the average rent for a three-bedroom apartment in Waterloo, ON?
6. What is the average rent for a four-bedroom apartment in Waterloo, ON?
7. How much does it cost to rent a house in Waterloo, ON?
8. How has the rent in Waterloo, ON changed in the last year?
9. How much has the rent in Waterloo, ON increased/decreased in the last month?
10. How many available rentals are there in Waterloo, ON?
11. How do rent prices in Waterloo, ON compare with the national average?
