Find Cheap Hotels in Waterloo

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 Waterloo Park, Conestoga Mall, and RIM Park.

Based on our traveler reviews, Backpacker College at Wilfrid Laurier University is a top choice for a less expensive stay.

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.

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 Waterloo Park and RIM Park, or check out the area's cultural spots like Perimeter Institute for Theoretical Physics.

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.