Real Estate for Rent in Lincoln Heights, Waterloo, ON

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Neighbourhood in Waterloo

Lincoln Heights

family-friendly suburban community-oriented

Lincoln Heights is a residential neighbourhood in Waterloo, Ontario. It offers a mix of homes and amenities suitable for families and professionals.

Diverse housing options Good schools Family-friendly parks Close to grocery stores Community atmosphere

At a glance

Photo of 143 Elgin Crescent
For Rent
Listed for:

Listed 9 days ago

$2,550

143 Elgin Crescent

Waterloo (Lincoln Heights), ON N2J 2S5

4 + 1Bedrooms
2Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Rent

Photo of Unit Main, 154 Weber Street N
For RentSeparate Entrance
Listed for:

Listed Aug 26, 2026

$2,300

Unit Main, 154 Weber Street N

Waterloo (Lincoln Heights), ON N2J 3H1

3Bedrooms
1Bathroom
0Garage
700-1.1KSq Ft

DetachedFor Rent

Day to dayLivability

6.5

Schools near listings

out of 10 · averaged over 52 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$650,000

13% above Waterloo 8% below Ontario

In Lincoln Heights

$650,000

In Waterloo

$575,000

In Ontario

$710,000

Median monthly rent

$2,425/mo

9% above Waterloo 3% below Ontario

In Lincoln Heights

$2,425

In Waterloo

$2,223

In Ontario

$2,500

≈ 22.3 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

15

Median $650,000

Condos 10 · Houses 5

For rent

2

Median $2,425

Houses 2

Recently sold

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Recently leased

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Market data as of 2026-10-21. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Strong school ratings
  • Affordable compared to province median
  • Good community facilities
  • Majority of homes are owner-occupied

Keep in mind

  • Prices are above city median
  • Limited public transit options

The feel of the placeLifestyle

Residents enjoy a suburban lifestyle with access to parks and schools. Daily life is quiet and community-focused.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

3.9 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

7

Parks

10

Playgrounds

3

Grocery stores

5

Restaurants

2

Cafés

2

Gyms

2

Pharmacies

Counted across all 3.9 km² of Lincoln Heights. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

6.6/10

Average rating of the 5 rated schools in this area

7

Elementary

6

Secondary

  • St Agnes Catholic Elementary School

    Catholic · Grades JK–8 · Waterloo CDSB

    8.1/107.3 over 5 yrs

    299th of 3,045 Ontario elementary schools

    595 students · EQAO 2024-2025

  • Bluevale Collegiate Institute

    Public · Grades 9–12 · Waterloo Region DSB

    7.0/107.1 over 5 yrs

    220th of 742 Ontario secondary schools

    1,115 students · EQAO 2024-2025

  • ÉÉC Mère-Élisabeth-Bruyère

    Independent · French · Grades JK–6 · CSC MonAvenir

    6.6/107.0 over 5 yrs

    1,165th of 3,045 Ontario elementary schools

    220 students · EQAO 2024-2025

  • École élémentaire L'Harmonie

    Public · French · Grades JK–8 · Conseil scolaire Viamonde

    6.2/106.6 over 5 yrs

    1,444th of 3,045 Ontario elementary schools

    290 students · EQAO 2024-2025

  • Lincoln Heights Public School

    Public · Grades JK–8 · Waterloo Region DSB

    5.3/104.7 over 5 yrs

    2,037th of 3,045 Ontario elementary schools

    450 students · EQAO 2024-2025

  • Aim Kw School

    Independent

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Lincoln Heights, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

9,042

Population (2021)

3.5 km²

Area

2,562

People per km²

38.6

Median age

$87,404

Median income

66%

Own their home

2.4

People per household

3,900

Households

Every age

  • Children (under 15)14.4%
  • Working age (15–64)67.5%
  • Seniors (65+)18.1%

What is built here

  • Detached houses52.8%
  • Semi-detached4.6%
  • Townhouses10.4%
  • Duplexes2.3%
  • Low-rise apartments8.6%
  • High-rise apartments21.1%

Own or rent

66%Owners

35%Renters

Across 3,900 households

When it was built

Mostly 1961–1980

  • 1960 or earlier32%
  • 1961–198050%
  • 1981–199011%
  • 1991–20003%
  • 2001–20051%
  • 2006–20101%
  • 2011–20151%
  • 2016–20211%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

21.4%
Born outside Canada
35.2%
Hold a degree or higher
57.1%
Employment rate
5.2%
Commute by transit
83.4%
Commute by car
1.7
Children per family
$76,935
Median income after tax
$102,140
Average household income
9.6%
Living on a low income
$1,298/mo
Renters pay, per month
$1,134/mo
Owners pay, per month
$605,405
Median home value at census
26.6%
Renters spending 30%+ of income on housing
12.4%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 17 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap

Condos in Lincoln Heights

A condo here is its own market

2 condo apartments and 4 condo townhouses are on the market in Lincoln Heights right now. Too few have closed here in the last year for us to publish a median we would stand behind.