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As the "Silicon Valley of the North", Waterloo is a vibrant city in Ontario, Canada. Its rich culture and high quality of life make it one of the most ideal cities in Canada to live in.

• Technology and Innovation: Waterloo is a global leader in technology, known for its co-op program and BlackBerry smartphones. Its quantum computing, artificial intelligence, and automation industries provide unlimited impetus for the progress of the world.
• Education: The renowned University of Waterloo and Wilfrid Laurentian University cultivate a batch of high-end talents for society. The University District formed by these two universities has become the most popular area for students, perfectly balancing academic resources and social spaces.
• Transportation: Waterloo has a well-developed ION light rail system and GRT bus service, making it easy to travel throughout the city. The walk-friendly neighborhoods for student housing in Waterloo, Ontario, also make your life extremely convenient.
• Lifestyle and Culture: Waterloo's bustling uptown features many restaurants, shops, cafes, and vibrant nightlife venues. In your leisure time, you can also go to the renowned "City's Lungs", Waterloo Park, to enjoy beautiful scenery and breathe fresh air. The culture is diverse. You can go to the world's largest farmers' market, St. Jacobs Farmers' Market, to purchase fresh food and handicrafts, or follow the crowd to participate in the annual Oktoberfest celebration to have endless fun.

You can easily find the best student housing in Waterloo, Ontario, on uhomes.com. For students, the high-quality student rentals have many advantages, including proximity to campus, well-furnished rooms, modern amenities, and various room types. The student accommodation we recommend often enables you to easily find your own "best off-campus home". Our Waterloo student housing is in excellent locations, and you can reach campus in 10-15 minutes. We respect your individual needs, and you can find the ideal room type that suits your living preferences here. You can enjoy a quiet life in the studio, or choose single rooms and 1B-5B+ apartments for a balanced lifestyle with your friends in Waterloo. Our rooms are well-furnished and equipped with a full range of community amenities, saving you time and money on furniture purchases. Here are our recommendations for the top student rentals in Waterloo, Ontario, to help you quickly find your ideal home:

• King Street Towers
• 308 King
• MyRez On Lester
• Preston House
• Bridgeport House
• K2 Apartments
• 58 Cardill
• 316 Batavia Place
• ICON WATERLOO
• 268 Lester

uhomes.com also offers cheap student housing in Waterloo, Ontario, on a tight budget to help you find your ideal home away from home. Our cheapest student apartments start at CA$900/month! Most apartments include bills, helping you save at least CA$100 per month. The maximum cashback and exclusive offers will further reduce your expenses. We believe that lower prices should still come with high-quality life. The Waterloo student housing rentals we provide are furnished and equipped with modern community amenities, including study rooms, gyms, and 24/7 security. They are well-connected by ION Light Rail and GRT bus stations, making it easy to reach the campus. Here are our affordable student housing in Waterloo, Ontario, recommendations to give you a comfortable lifestyle with a lower budget:

• MyRez On Lester: from CA$900/ month
• 58 Cardill: from CA$966/ month 
• 330 Spruce St: from CA$1,029/ month  
• King Street Towers: from CA$1,060/ month
• 308 King: from CA$1,100/ month
• Bridgeport House: from CA$1,225/ month 
• Hespeler House: from CA$1,271/ month
• Preston House: from CA$1,280/ month 
• Fergus House: from CA$1,285/ month  

The best areas for student rentals in Waterloo are uptown, the university district, and streets like Ezra/ Bricker. These areas offer advantages such as walkability, a range of room types, proximity to universities, and convenient transportation. The superior conditions of the neighborhoods can enhance your quality of life. Here are the details of the best neighborhoods for Waterloo student housing to help you quickly decide on your future residence:

• Uptown Waterloo & Ezra/ Bricker: If you enjoy the lively urban atmosphere and exciting social life, then this area will be your top choice. It features exquisite bars, cafes, and upscale restaurants, offering a wonderful dining experience. It is close to Wilfrid Laurier University, and you can reach the Lazaridis School of Economics and Business by simply walking. The ION light rail station will also make travel easier. There are many student rentals in Waterloo, making it ideal for students who enjoy a lively environment and want to deeply experience local social culture.
• University District & King St N/Columbia: This is the best place for students of the University of Waterloo, located near the UW Engineering Building and Mathematics Building. You can reach the main campus on foot. It is also close to University Plaza, the most popular dining center in Waterloo, and living here will let you easily enjoy various delicious foods.
• Albert St & Hickory St: Situated between two universities, with a quiet atmosphere, it is ideal for students who want to focus on their studies. Whether you are a student from any of these schools, you can choose Albert St & Hickory St as your top neighborhood.
• Northdale & Columbia-Forest: If your budget is limited, I highly recommend choosing student apartments in this area. There are many affordable 4B or 5B student apartments in Waterloo here, and the surrounding area is dotted with GRT bus stops. You can reach the campus within 10 minutes by simply using the U-Pass.
• Westmount: This is the best neighborhood, where you can easily travel to Kitchener from here. It is close to Waterloo Park, with a peaceful lake view and vast green spaces to relax and unwind.

The cost of living for students in Waterloo, Canada, is approximately CA$1,500-2,000 per month, about 20% lower than in Toronto. The cost of living consists of expenses such as rent of Waterloo student housing for rent, commuting, food, and entertainment. We introduce the detailed expenses to help you plan your budget reasonably and arrange your daily expenditures calmly:

• Off-campus Waterloo student housing: CA$900-CA$1,285/ month (All bills included)
• Food: CA$400-CA$600/ month
• Entertainment: CA$150-CA$300/ month
• Supplies: CA$100-CA$300/ month
• Transportation: CA$100-CA$250/ month (U-Pass provides student discount）

Waterloo has two important universities - the University of Waterloo and Wilfrid Laurier University. The renowned universities offer excellent educational resources and facilities, attracting numerous students to study each year. uhomes.com offers many student rentals in Waterloo near the universities, meeting your various needs. Here are the introductions of the important universities and the comfortable student apartments nearby:

• University of Waterloo:

The University of Waterloo was founded in 1957 and is a well-known provincial research university in Canada. In the 2026 Maclean's University Rankings, it is ranked first in Canada for the reputation of comprehensive universities. In the 2026 QS ranking, it ranks 119th. As one of Canada's leading universities, it offers a wide range of excellent disciplines for students to choose from. In the Canadian field, the top five disciplines are Engineering, Computer Science, Mathematics, Environmental Sciences, and Architecture Environment. You can choose the discipline that best aligns with your interests. It collaborates with over 70 countries and 8000+ employers, offering the most internships and job opportunities for college students in North America. King Street Towers and 308 King are the best Waterloo student housing rentals near the campus, allowing you to have a comfortable relaxation space during your busy study life.

• Wilfrid Laurier University:

Wilfrid Laurier University was founded in 1911 and is a famous public university. It has excellent undergraduate education and high student satisfaction. In the 2026 Maclean's ranking, Laurier ranked first in Canada for student satisfaction among comprehensive universities for the fourth consecutive year and ranked in the top 13 of the Times Higher Education (THE) 2025 Global University Impact Rankings. Business & Economics, Faculty of Music, Social Work, and Psychology are among the top in the world. The mature Co-op program offers students rich internship opportunities. Through cooperation with employers from various industries, you can also enhance your starting salary rate and employment opportunities after graduation. K2 Apartments and 58 Cardill are high-quality residences near Wilfrid Laurier University, with a short commute time ,allowing you not to miss any classes.

Our student housing in Waterloo, Ontario, is surrounded by an advanced transportation system. The Grand River Transit in this city provides convenient ION light rail and bus services, allowing you to easily travel around the city and reach Kitchener and the surrounding areas. As a student, you can use student discounts to save money. Besides, taxis and ride-hailing services are also good options. Here is a detailed introduction:

• ION Light Rail: The ION Light Rail is the backbone of transportation in Waterloo, connecting Conestoga Mall in the north to Kitchener Fairway Mall in the south. University of Waterloo Station, Laurier-Waterloo Park Station, and Uptown Waterloo Station are key stations commonly used by students, with an average of one train every 10 minutes.
• GRT U-Pass: Whether you are a full-time student at the University of Waterloo or WLU, you only need to show your WatCard or OneCard to enjoy free rides on the ION Light Rail and GRT buses. The cost for one semester in 2026 is CAD $131, which saves you approximately CA$800 - CA$850 annually compared to a regular monthly pass.
• Uber & Lyft: Carpooling services will save you time and money.
• Cycling: Large trails, such as the Laurel Trail, connect the campus and surrounding areas, making cycling convenient. And there are bike racks on buses and ION trains to meet different travel needs.
• Walking: The city roads are suitable for walking. Our Waterloo apartments for students are located near the campus and popular areas, and you can reach the campus and nearby shops by walking.

Waterloo is a livable city with comfortable living conditions and a rich culture, making it a suitable place for students to live. Here is an introduction to this city, and you can explore this beautiful city with your friends during your spare time:

Waterloo is a multicultural city with a wide range of dining options. University Plaza is the off-campus cafeteria for students, featuring numerous restaurants, tea shops, and Williams Fresh Cafe, among others, to satisfy your taste buds. T&T, Walmart, and Sobeys, etc., are supermarkets that always have abundant ingredients.

For shopping, Conestoga Mall is the top choice for students to buy brand-name clothing, with the Apple Store, Indigo, and various fast-fashion brands. You can easily pursue fashion with your friends on weekends. If you prefer local handmade fabrics and vintage accessories, St. Jacobs Farmers' Market is the best choice, where you can experience the local Mennonite culture.

In Waterloo, you have the opportunity to participate in many lively festivals and immerse yourself in the vibrant local atmosphere. Oktoberfest is the second-largest beer festival in the world, held jointly by Waterloo and Kitchener, only second to Munich, Germany. You can dress in traditional local costumes and participate in parades, concerts, and food festivals with your friends. In winter, you can visit the thousands of colorful lights in Waterloo Park to relieve the stress of your final exam season. In your spare time, you can explore uptown and experience the city's lively atmosphere. The bars and karaoke in uptown will be great choices for relieving stress.

Our Waterloo student housing is located near many famous attractions and offers convenient transportation, allowing you to easily immerse yourself in the local culture. Waterloo has many attractions worth visiting:

• St. Jacobs Farmers' Market
• Waterloo Park
• Laurel Creek Conservation Area
• Brubacher House Museum
• Knox Presbyterian Church
• Conestoga Mall
• St. Jacobs Village
• Bingemans
• Cambridge Butterfly Conservatory
• Iron Horse Trail & Geo Time Trail