Primary Rental Market

Average Rent ($)

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Kitchener - Cambridge - Waterloo — Average Rent by Structure Size (Apartment only) by Neighbourhood

	3-5 Units		6-19 Units		20-49 Units		50-199 Units		200+ Units		Total
Kitchener - Cambridge - Waterloo	1,504	b	1,434	c	1,551	b	1,788	a	1,954	a	1,726	a
Galt East	**		**		**		1,786	a	**		1,992	c
Galt West	**		**		**		1,518	a	**		1,518	a
Hespeler	**		**		**		**		**		**
Kitchener Central	**		1,801	c	1,246	a	1,662	b	**		1,650	a
Kitchener North-East	**		**		**		1,575	b	**		1,511	b
Kitchener North-West	**		**		**		**		**		1,647	c
Kitchener South-Central	**		**		**		1,448	b	**		1,096	b
Kitchener South-East	**		**		1,496	c	1,701	a	1,820	a	1,682	a
Kitchener South-West	**		**		**		1,953	a	**		1,794	b
Preston Core	**		**		**		**		**		**
Preston Outside Core	**		**		**		2,035	a	**		2,035	a
Waterloo North-East	**		**		1,500	a	1,804	d	**		1,768	b
Waterloo North-West	**		1,593	d	1,603	b	**		**		1,646	b
Waterloo University	**		**		**		1,938	b	**		2,111	b
Waterloo Uptown	**		1,559	c	**		1,745	a	**		1,900	b
Woolwich & North Dumfries	1,183	d	1,069	c	1,341	a	**		**		1,327	a

Notes:

The following letter codes are used to indicate the reliability of the estimates: a — Excellent, b — Very good, c — Good, d — Poor (Use with Caution))
** — Data suppressed to protect confidentiality or data not statistically reliable
++ — Change in rent is not statistically significant. This means that the change in rent is not statistically different than zero (0). (Applies only to % Change of Average Rent Tables).
CMA, CA and CSD definitions are based on 2021 Census Geography Definitions