Apartments for Rent Under $2000 in Waterloo, ON

Waterloo is a city in Ontario (ON) - the most populous province in Canada that is known for offering a rich mix of urban excitement, natural beauty, and economic opportunity. Every city in Ontario has its own unique culture, history, and attractions to offer visitors and residents alike. For more information, you can refer to our blog to learn more about the cities and neighbourhoods in Ontario.

Finding apartments for rent under $2000 in Waterloo requires research, communication with landlords & property managers, securing references, and signing a lease. All this can add up to a lengthy endeavour if you’re not familiar with the rental process in Canada. To help you get started, here is a list of resources with tips on renting in Canada.

Finding apartments for rent under $2000 in Waterloo may be a challenge depending on where you’re looking to rent. To increase your chances of finding an affordable home, familiarize yourself with the different neighbourhoods and the average rent in each area.For more information, you can refer to our blog to learn more about the various neighbourhoods in Canada.

In addition to choosing your location, it’s important to know what rental types are available in Waterloo (e.g. 1 bedroom apartments, 2 bedroom apartments, 3 bedroom apartments, studio apartments) and the average rent for each property type. Refer below to figure out your options - ranging from furnished rentals and unfurnished rentals to long term rentals and short term rentals.

There are many rental property types you can choose from in Waterloo.

In addition to choosing your property type, there are also specific rental types you can look into.

When you’re searching for apartments for rent under $2000 in Waterloo, make sure to look at what amenities are offered. For instance, check to see if the rental includes utilities like air conditioning, cable and internet or features such as dishwasher, parking, balcony and fridge.

Tip: When looking at listings on liv.rent, scroll down to the "Amenities" section to see what utilities and features are included with the rental.

People from around the world look to Canada as a safe haven, and Waterloo is one of those cities that truly has something for everyone.

If you’re not sure that Waterloo is the right city for you, check out some of these resources comparing the different cities.

Waterloo is made up of smaller neighbourhoods with their own distinct features. For more information, you can check out the blog to learn about the different neighbourhoods in Waterloo.

Canada is known for its impressive natural beauty and diverse culture from coast-to-coast. You can find a full list of cultural landmarks and attractions in Waterloo on Canada.ca.

Search for condos, townhouses, rooms, and houses for rent in Waterloo, ON on liv.rent. Finding apartments for rent under $2000 near you has never been easier. Filter your search by price range (great for finding cheap apartments for rent), unfurnished or furnished apartments for rent, pet-friendly rentals, availability, and housing type. Options range from studio apartments and suites for rent to 1 or 2 bedroom apartment and 3+ bedrooms for rent.

Our Waterloo rental listings are updated in real-time and are current as of May 6, 2025.

Looking for a specific type of rental in Waterloo, ON? Use our filters below to find your next home.