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Waterloo · Budget

Waterloo apartments under $1,500/month

If you're looking under $1,500 per month, you're looking at studios in mid-tier neighborhoods, sharing 2-beds, or living slightly farther from campus. The neighborhoods below in Waterloo fit this budget.

Best neighborhoods under $1,500/month in Waterloo

Northdale

Northdale, densest student neighbourhood for UWaterloo + Laurier. Modern student towers, walking distance to both.

$700 – $1,600/mo

Uptown Waterloo

Uptown Waterloo is the city centre, bars, restaurants, ION light rail to campus.

$800 – $1,900/mo

Universities in Waterloo

Waterloo under $1,500/month

Frequently asked questions

Can I really find apartments under $1,500/month in Waterloo?

Yes, 2 of our covered Waterloo neighborhoods have units under $1,500/month, especially Northdale, Uptown Waterloo.

Will I need a roommate to stay under $1,500/month in Waterloo?

Often yes, sharing a 2-bed is the most reliable way to stay under $1,500/month in Waterloo without sacrificing safety or commute.

Other filters

Studio1-bed2-bed3-bedunder $1,500/monthunder $2,000/monthunder $2,500/monthunder $3,000/month
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