What's the average rent in Waterloo, ON?
Rental Market Trends in Waterloo, ON
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Waterloo, ON is $1,858 per month, which is 5% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$1,858
0.4%$8 increase month-over-month
-8.3%-$167 decrease year-over-year
AVAILABLE RENTALS
475
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, apartments are the most affordable rental option in Waterloo, ON at $1,660 per month, while houses are the most expensive at $2,690 per month. Townhomes average $1,970 per month, offering a mid-range alternative for renters.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -9% compared to the previous year, which is a $175 decrease.
This year (2026)
Last year (2025)
Rent distribution
42% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $495 to $4,145.
