Cheap Rentals Under $1000 in Waterloo, ON
Sort by: Suggested
Sponsored
Most Relevant
15A Ave
Surrey, BC · Entire House 14 Units Available
$2,100–$3,600/month
1 Bed – 3 Bed 626 Claremont St
Coquitlam, BC · Alina 2 Units Available
$2,500–$3,250/month
1 Bed – 2 Bed 6098 Station St
Burnaby, BC · Station Square Tower 2$3,500/month
3 Bed · 2 Bath · 1055 ft²7250 18th Ave
Burnaby, BC · Entire Townhouse 33 Units Available
$1,680–$3,100/month
1 Bed – 3 Bed 13768 100 Ave
Surrey, BC · Park George 1 20 Units Available
$1,695–$2,600/month
1 Bed – 2 Bed 13745 George Jct
Surrey, BC · Plaza two 2 Units Available
$2,200–$2,400/month
2 Bed E 23rd Ave
Vancouver, BC · E 23rd Ave$1,950/month
1 Bed · 1 Bath · 500 ft²6775 Rupert St
Vancouver, BC · Partial House 3 Units Available
$1,650–$1,750/month
1 Bed 13655 Fraser Hwy
Surrey, BC · King George Hub - Tower 2 6 Units Available
$1,650–$2,500/month
1 Bed – 2 Bed 13750 100th Avenue
Surrey, BC · Park Avenue East 9 Units Available
$1,580–$3,000/month
Studio – 2 Bed 13696 100th Avenue
Surrey, BC · Park Avenue West 20 Units Available
$2,100–$4,000/month
1 Bed – 2 Bed 5987 Wilson Ave
Burnaby, BC · Central Park House$2,800/month
2 Bed · 2 Bath · 841 ft²7799 17th Street
Burnaby, BC · Entire Apartment 3 Units Available
$1,900–$2,100/month
1 Bed 13725 George Junction
Surrey, BC · Plaza One at King George Hub%2Fstatic_files%2Fbuilding%2F7626%2Fbuilding_7626_5de0558cca52b_Remmington_CamHeryet_1625.jpg&w=3840&q=75)
2 Units Available
$2,075–$2,100/month
Studio – 1 Bed 3528 Vanness Ave
Vancouver, BC · The Remington at Collingwood Village 4 Units Available
$1,995–$2,525/month
Studio – 1 Bed 2450 Garden Dr
Vancouver, BC · Grafia 2 Units Available
$1,950–$2,850/month
Studio – 2 Bed 4502 Rupert St
Vancouver, BC · Nells Place$1,800/month
1 Bed · 1 Bath · 450 ft²E 3rd Ave
Vancouver, BC · Partial House$1,500/month
1 Bed · 1 Bath · 500 ft²2554 Venables St
Vancouver, BC · Partial HouseVimy Cres
Vancouver, BC · Entire House2298 Galt St
Vancouver, BC · Partial Townhouse$2,400/month
1 Bed · 1 Bath · 590 ft²5515 Boundary Rd
Vancouver, BC · Entire Apartment$3,000/month
2 Bed · 2 Bath · 875 ft²6438 Byrnepark Dr
Burnaby, BC · Entire Apartment%2Fstatic_files%2Fbuilding%2F6883%2Fbuilding_6883_5d0d5d82e7406_518-Whiting-Way-Coquitlam-Building.jpg&w=3840&q=75)
2 Units Available
$3,400–$3,400/month
2 Bed 518 Whiting Way
Coquitlam, BC · Union 3 Units Available
$2,800–$3,000/month
2 Bed 9888 Cameron St
Burnaby, BC · Silhouette4825 Hazel Street
Burnaby, BC · Partial Apartment 5 Units Available
Various Rates
1 Bed – 2 Bed 6699 Dunblane Ave
Burnaby, BC · Polaris at Metrotown$2,200/month
2 Bed · 1 Bath · 650 ft²Dundee St
Vancouver, BC · Partial House$2,200/month
2 Bed · 1.5 Bath · 713 ft²E 22nd Ave
Vancouver, BC · Entire House 2 Units Available
$1,880–$3,080/month
1 Bed – 3 Bed E 28th Ave
Vancouver, BC · E 28th AveParkwood Cres
Burnaby, BC · Entire House 3 Units Available
$1,273–$2,750/month
Studio – 3 Bed 8559 Jack Uppal St
Vancouver, BC · Sawmill%2Fstatic_files%2Fbuilding%2F35195%2Fbuilding_35195_67054e6a1cb5c.jpg&w=3840&q=75)
3 Units Available
$989–$1,397/month
Studio – 2 Bed 9745 106 Street NW
Edmonton, AB · Broadview Legislature Apartments$1,220/month
2 Bed · 1 Bath · 998 ft²611 9 Ave N
Lethbridge, AB · Entire House%2Fstatic_files%2Fbuilding%2F8507%2Fbuilding_8507_5ea387ac47e98.png&w=3840&q=75)
3 Units Available
$1,850–$2,600/month
1 Bed – 2 Bed 13768 108 Ave
Surrey, BC · Venue%2Fstatic_files%2Fbuilding%2F34992%2Fbuilding_34992_6704d133ec59c.JPG&w=3840&q=75)
2 Units Available
$697–$1,044/month
Studio – 1 Bed 11819 106 Street NW
Edmonton, AB · Hartford Apartments$2,775/month
2 Bed · 2 Bath · 851 ft²7178 Collier Street
Burnaby, BC · Entire Apartment608 Como Lake Ave
Coquitlam, BC · Entire Apartment6688 Arcola Street
Burnaby, BC · Entire Apartment%2Fstatic_files%2Fbuilding%2F34936%2Fbuilding_34936_6704c9682d9df.png&w=3840&q=75)
2 Units Available
$959–$1,279/month
1 Bed – 2 Bed 10620 102 Street NW
Edmonton, AB · Second Street Manor%2Fstatic_files%2Fbuilding%2F7844%2Fbuilding_7844_5e3caf7a2a7cd.jpg&w=3840&q=75)
4 Units Available
$2,195–$3,000/month
1 Bed – 2 Bed 657 Whiting Way
Coquitlam, BC · Lougheed Heights%2Fstatic_files%2Fbuilding%2F32110%2Fbuilding_32110_666799863b3c7.jpg&w=3840&q=75)
3 Units Available
$1,864–$2,649/month
Studio – 2 Bed 535, 555 Shaw Avenue
Coquitlam, BC · Renaissance On Shaw$3,050/month
2 Bed · 2 Bath · 900 ft²621 Regan Ave
Coquitlam, BC · Entire Apartment$2,900/month
2 Bed · 2 Bath · 855 ft²450 Westview St
Coquitlam, BC · Entire Apartment567 Clarke Rd
Coquitlam, BC · Entire Apartment%2Fstatic_files%2Fbuilding%2F6503%2Fbuilding_6503_5bf8425f22b4c_xp4kb1oxk658kwgprrxm.jpg&w=3840&q=75)
6 Units Available
$1,600–$2,150/month
1 Bed – 2 Bed 13398 104 Ave
Surrey, BC · University District - Alumni Tower$2,500/month
2 Bed · 2 Bath · 753 ft²2689 Kingsway
Vancouver, BC · Entire Apartment 2 Units Available
$1,680–$2,300/month
Studio – 2 Bed 10626 City Pkwy
Surrey, BC · Parc Centrale1 - 48 of 2277 buildings
About 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.
Renting in Waterloo, ON
Finding cheap rentals under $1000 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.
Average Rent in Waterloo, ON
What is the average rent in Waterloo for cheap rentals under $1000?
The average rent in Waterloo, ON for cheap rentals under $1000 will vary on a month-to-month basis. For the latest stats on average rent in Waterloo, refer to our monthly rent reports.
Finding cheap rentals under $1000 in Waterloo, ON
Finding cheap rentals under $1000 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.
Waterloo Rental Types
There are many rental property types you can choose from in Waterloo.
Apartments for rent Waterloo
In Waterloo, apartments are a common form of housing you’ll find. Average rent prices for apartments depend on where you’re looking. Apartments for rent in urban areas are typically more expensive due to higher demand. Apartments generally require much less maintenance than houses, making them ideal for renters who don’t need as much space.
Houses for rent Waterloo
There are plenty of houses for rent in Waterloo for those with a higher budget, need extra space, or who have multiple roommates. Both partial houses and entire houses for rent are common, as well as both new builds and older homes. Some areas, like Toronto and Vancouver, are also known for an abundance of laneway homes and townhomes, making it easy to find a place to rent that suits your needs.
Townhouses for rent Waterloo
Townhouses are another popular form of housing in Waterloo that combine the best qualities of both apartments and whole houses. Typically less expensive than houses, townhouses for rent offer an attractive combination of freedom and space, generally coming with your own private yard and entrance.
Basements for rent Waterloo
For those looking to find affordable rental housing in Waterloo, basements for rent pose an attractive alternative. Since house prices are so expensive, homeowners will sometimes rent out their basements as a way to offset their mortgage payments. This makes it easy for renters to find relatively inexpensive basements for rent in areas throughout the country.
Condos for rent Waterloo
Condos for rent are also a common sight in Waterloo. These types of rental accommodation are perfect for those who like to be in the centre of the action, and don’t need as much space. If you are looking to rent in the city centre though, be prepared for higher-than-average rent prices.
Rooms for rent Waterloo
Sharing a house or apartment is practically essential for those looking for cheap rent in Waterloo. Rooms for rent are a great way to experience wherever you’re living on a budget, and can offer you the opportunity to live in neighbourhoods that would otherwise be unaffordable.
Special Waterloo Rental Types
In addition to choosing your property type, there are also specific rental types you can look into.
Pet friendly rentals in Waterloo
Though not every landlord is keen on allowing pets, there are a good number of pet-friendly rentals in Waterloo for those with furry friends. Both dog-friendly and cat-friendly rental units are available, as well as properties where both are allowed. Try searching for pet-friendly units using search filters on your rental platform to find units that match your needs.
Furnished rentals in Waterloo
If you’re new to town or just haven’t had a chance to pick up furniture of your own yet, not to worry – there are plenty of furnished rentals available in Waterloo. Renters seeking furnished units should search for these units using filters, but do be prepared to pay more in rent. There are pros and cons to renting furnished units compared to unfurnished units, so deciding whether it’s worth it to buy furniture when moving is a good first step.
Short term rentals in Waterloo
Waterloo has plenty of work opportunities and excellent academic institutions, making it a popular place for those renting on a short-term basis. Short-term rentals are exceedingly popular in most cities, particularly during the summer months and at the beginning of school semesters. The added flexibility is an appealing prospect for many renters, and a key factor in deciding whether or not short-term rentals are right for you.
Cheap rentals in Waterloo
If you’re looking for cheap rentals in Waterloo, ON, try finding a roommate or two and explore shared housing; or search for rooms for rent. It’s worth noting that in Waterloo, there are neighbourhoods where rent is considerably cheaper, so exploring these options is a good idea as well.
Waterloo Amenities
When you’re searching for cheap rentals under $1000 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 a 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.
Living in Waterloo, ON
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.
Popular Neighbourhoods in Waterloo
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.
Popular Cities Near Waterloo
Popular Universities Near Waterloo
Local Landmarks 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.
Cheap Rentals Under $1000 Waterloo
Search for condos, townhouses, rooms, and houses for rent in Waterloo, ON on liv.rent. Finding cheap rentals under $1000 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 Jul 26, 2025.
Looking for Cheap Rentals Under $1000 in Waterloo, ON?
Looking for a specific type of rental in Waterloo, ON? Use our filters below to find your next home.