Find Cheap Hotels in Waterloo from CA $156

    Plan, book, stay with confidence
    bex rewards loyalty icon
    Be picky
    Search almost a million properties worldwide
    payments icon
    Treat yourself
    Sign in to save 10% or more on thousands of hotels
    Sign in
    today icon
    Change your mind
    Book hotels with free cancellation

Top Waterloo Cheap Hotels

Delta Hotels by Marriott Waterloo
Exterior
Delta Hotels by Marriott Waterloo
3.5 star property
9.2 out of 10, Wonderful, (1001)
"everything is great"
The price is CA $195
CA $229 total
includes taxes & fees
Dec 19 - Dec 20
Delta Hotels by Marriott Waterloo
The Laundry Rooms Waterloo
Deluxe Apartment | Living area
The Laundry Rooms Waterloo
3.0 star property
9.4 out of 10, Exceptional, (235)
"Beautiful unit and straightforward contactless checkin. The location is wonderful, many great bars and restaurants in the area to walk to and enjoy. Busy place on the weekends cause of the students, however safe to walk around and the property is still quiet from being at a hotspot in Waterloo!! "
The price is CA $156
CA $184 total
includes taxes & fees
Dec 1 - Dec 2
The Laundry Rooms Waterloo
Backpacker College at Wilfrid Laurier University
Private kitchen
Backpacker College at Wilfrid Laurier University
2.0 star property
8.6 out of 10, Excellent, (3)
"It was simple, big, lots of space. We had a college apartment style dorm, so it didn't have the amenities of a full service hotel. However, we simply needed a place to stay that was convenient and cost effective. "
Backpacker College at Wilfrid Laurier University
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
Don't see what you're looking for?
See all available properties in Waterloo
Beautiful view of the beach with palm trees

Black Friday: Members save 30%+

Members save 30%+ on selected hotels until December 4 with our Black Friday deals. Stay by December 15, 2025.
Unlock Black Friday deals

Frequently asked questions

What is Waterloo like for travelers on a budget?
Waterloo has a variety of cheap accommodations and places to visit, making it a great choice for a budget-friendly getaway. You can find ways to save money while getting to know this destination, which is home to attractions like Conestoga Mall, RIM Park, and Waterloo Visitor & Heritage Information Centre.
What's the best accommodation for a budget-friendly stay in Waterloo?
Based on our traveler reviews, Backpacker College at Wilfrid Laurier University is a top choice for a less expensive stay.
When is the best time for a budget trip to Waterloo?
Weather will likely play an important role when you plan your trip to Waterloo, and keep in mind that cheaper options are usually available when the weather isn’t as good. The hottest months are usually July and August with an average temp of 65°F, while the coldest months are February and January with an average of 26°F. Average annual precipitation for Waterloo is 40 inches.
What is there to see and do in Waterloo?
Waterloo is known for its sporting events and offers things to see and do without spending a fortune. You can budget for the local attractions that interest you most, and then plan some activities that are easy on the wallet. Enjoy the outdoors at RIM Park and Waterloo Park, or check out the area’s cultural spots like Perimeter Institute for Theoretical Physics.
How can I get to Waterloo and get around on a budget?
Scoping out the transportation options in Waterloo is a smart way to keep your trip affordable. The closest airport is Kitchener, ON (YKF-Region of Waterloo Intl.), 6.9 mi (11.1 km) away. However, if that doesn’t suit your budget, the next closest is 36.6 mi (58.9 km) away: John C. Munro Hamilton Intl. Airport (YHM). Waterloo may not have many public transportation choices so a car rental could be an economical alternative to explore the area.