Rental Market Snapshot
Average Monthly Rent
$2,208
Median: $2,050
Avg. Days to Lease
32
days
Active Rentals
466
in KW region
18 with Wolle Realty
Rent by City
Cambridge
$2,381/mo
67 rentals • 25 avg days
Condo
11 rentals
$1,881
House
35 rentals
$2,456
Townhouse
19 rentals
$2,554
Waterloo
$2,331/mo
128 rentals • 44 avg days
Condo
83 rentals
$2,094
House
26 rentals
$2,861
Townhouse
18 rentals
$2,675
Kitchener
$2,107/mo
271 rentals • 29 avg days
Condo
118 rentals
$1,926
House
92 rentals
$2,277
Townhouse
47 rentals
$2,366
Multi-Family
5 rentals
$1,870
Other
8 rentals
$1,482
Rent by Bedroom Count
Rent by Property Type
Other
$1,618/mo
9 rentals
1.9% of market
Multi-Family
$1,855/mo
7 rentals
1.5% of market
Frequently Asked Questions
What is the average rent in Kitchener-Waterloo?
As of July 2026, the average rent in Kitchener-Waterloo is $2,208 per month based on 466 active MLS listings. Breakdown by size: 1 Bedroom: $1,692, 2 Bedrooms: $2,076, 3 Bedrooms: $2,612.
Is it cheaper to rent in Cambridge or Waterloo?
Waterloo is the cheaper of the two: Cambridge averages $2,381/mo against $2,331/mo in Waterloo. Across all three cities the order runs Kitchener at $2,107/mo, then Waterloo at $2,331/mo, then Cambridge at $2,381/mo. Cambridge has 67 active rentals and Waterloo 128.
Are rent prices going up in Waterloo region?
The current average rent across Kitchener-Waterloo is $2,208/mo as of July 2026. With 466 active rentals on the market, prices are influenced by population growth, tech sector expansion, and housing supply. Check back monthly to track trends.
How long does it take to find a rental in KW?
Rentals in Kitchener-Waterloo currently average 32 days on market. Cambridge averages 25 days, Waterloo 44 days, and Kitchener 29 days. Affordable units in desirable areas tend to rent faster.
What types of rentals are most common in KW?
The most common rental types in Kitchener-Waterloo are: Condo (46% of listings, avg $1,989), House (33% of listings, avg $2,417), Townhouse (18% of listings, avg $2,475). There are 466 total active rentals across all types.
Is now a good time to rent in Kitchener-Waterloo?
As of July 2026, there are 466 active rentals in Kitchener-Waterloo with an average rent of $2,208/mo. Listings average 32 days on market, suggesting moderate competition — you have time to compare options.
Data sourced from DDF/CREA listing data synced daily to our platform. Rental prices reflect current asking rents for active listings and may vary based on specific property features and lease terms.
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