Waterloo, ON rental market
Last updated September 24, 2025
Rental market summary
The average rent for all bedrooms and all property types in Waterloo, ON is $2,000.
$2,000
-$95
-$255
210
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $250 to $5,000.
| Rent price | Number of rental properties |
|---|---|
| $0 | 1 |
| $500 | 2 |
| $600 | 4 |
| $700 | 18 |
| $800 | 10 |
| $900 | 4 |
| $1,000 | 1 |
| $1,100 | 2 |
| $1,200 | 3 |
| $1,300 | 1 |
| $1,400 | 3 |
| $1,500 | 7 |
| $1,600 | 5 |
| $1,700 | 15 |
| $1,800 | 17 |
| $1,900 | 37 |
| $2,000 | 47 |
| $2,100 | 19 |
| $2,200 | 11 |
| $2,300 | 19 |
| $2,400 | 10 |
| $2,500 | 10 |
| $2,600 | 14 |
| $2,700 | 10 |
| $2,800 | 6 |
| $2,900 | 8 |
| $3,000 | 2 |
| $3,100 | 2 |
| $3,200 | 4 |
| $3,300 | 2 |
| $3,400 | 1 |
| $3,500 | 1 |
| $4,900+ | 2 |
Average rent price over time
In the last year, rent has decreased by $255 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $2,361 | $2,182 |
| Feb | $2,300 | $2,169 |
| Mar | $2,165 | $2,100 |
| Apr | $2,145 | $2,150 |
| May | $2,075 | $2,140 |
| Jun | $2,200 | $2,050 |
| Jul | $2,200 | $2,100 |
| Aug | $2,163 | $1,996 |
| Sep | $2,200 | $2,043 |
| Oct | $2,255 | No data |
| Nov | $2,199 | No data |
| Dec | $2,100 | No data |
Market temperature
The Waterloo, ON rental market temperature is COOL. 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 8% higher than the national average.
$2,000
$1,850
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Frequently asked questions
1. What is the average rent in Waterloo, ON?
The average rent in Waterloo, ON is $2,000.
2. How much does it cost to rent a house in Waterloo, ON?
Houses in Waterloo, ON rent between $250 - $5,000 with an average rent of $2,000.
3. How has the rent in Waterloo, ON changed in the last year?
In the last year, the rent in Waterloo, ON decreased by $255
4. How much has the rent in Waterloo, ON increased/decreased in the last month?
In the last month, the rent in Waterloo, ON decreased by $95
5. How many available rentals are there in Waterloo, ON?
There are currently 210 rentals available in Waterloo, ON.
6. How do rent prices in Waterloo, ON compare with the national average?
The average rent in Waterloo, ON is $2,000 — 8.11% higher the national average of $1,850.