2 Bedroom Apartments for Rent in Waterloo, ON (252 Rentals)

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 275 Larch St

275 Larch St

WaterlooONN2L 0J5
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Uptown Apartments
2 Bedroom Apartments

Uptown Apartments

154 Erb St EWaterloo, ON N2J 1M4
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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485 Parkside Dr
2 Bedroom Apartments

485 Parkside Dr

485 Parkside DrWaterloo, ON N2L 4X6
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Quiet Place
2 Bedroom Apartments

Quiet Place

510-516 Quiet PlWaterloo, ON N2L 5A3
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The Victorian
2 Bedroom Apartments

The Victorian

125 Lincoln RdWaterloo, ON N2J 2N9
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505 Parkside D
2 Bedroom Apartments

505 Parkside D

505 Parkside DrWaterloo, ON N2L 4X6
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Parkside Apartments
2 Bedroom Apartments

Parkside Apartments

527-529 Parkside DrWaterloo, ON N2L 4X7
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Cedar Creek
2 Bedroom Apartments

Cedar Creek

736 Old Albert StWaterloo, ON N2L 5C8
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55 Caroline St
2 Bedroom Apartments

55 Caroline St

55 Caroline StWaterloo, ON N2L 3S4
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Pinegrove Apartments
2 Bedroom Apartments

Pinegrove Apartments

145 Lucan AveWaterloo, ON N2J 1W6
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Silverbirch Apartments
2 Bedroom Apartments

Silverbirch Apartments

598 Silverbirch RdWaterloo, ON N2L 4R4
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Auburn Green
2 Bedroom Apartments

Auburn Green

237 Auburn DrWaterloo, ON N2K 4G9
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130 Lincoln Rd
2 Bedroom Apartments

130 Lincoln Rd

130 Lincoln RdWaterloo, ON N2J 4N4
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The Cortes
2 Bedroom Apartments

The Cortes

222 King St SWaterloo, ON N2J 1R3
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144 Lucan Ave
2 Bedroom Apartments

144 Lucan Ave

144 Lucan AveWaterloo, ON N2J 1W7

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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222 Albert St
2 Bedroom Apartments

222 Albert St

222 Albert StWaterloo, ON N2L 3T6
Student Housing
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Mayfieldview Court
2 Bedroom Apartments

Mayfieldview Court

20-60 Goldbeck LnWaterloo, ON N2J 4L1
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90 Churchill St
2 Bedroom Apartments

90 Churchill St

90 Churchill StWaterloo, ON N2L 2X2
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246 Albert St
2 Bedroom Apartments

246 Albert St

246 Albert StWaterloo, ON N2L 3T2
Furnished
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250 Lester St
2 Bedroom Apartments

250 Lester St

250 Lester StWaterloo, ON N2L 3W5
Furnished
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The Cooperage
2 Bedroom Apartments

The Cooperage

16-20 Barrel Yards BlvdWaterloo, ON N2L 0C3
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The Onyx
2 Bedroom Apartments

The Onyx

23 Barrel Yards BlvdWaterloo, ON N2L 0C5
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216 King St S
2 Bedroom Apartments

216 King St S

216 King St SWaterloo, ON N2J 1R3
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275-279 Herbert St
2 Bedroom Apartments

275-279 Herbert St

275-279 Herbert StWaterloo, ON N2J 1V3
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155 Weber St N
2 Bedroom Apartments

155 Weber St N

155 Weber St NWaterloo, ON N2J 3H2
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The Waterford
2 Bedroom Apartments

The Waterford

30 Blue Springs DrWaterloo, ON N2J 4M4
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Panorama Terrace
2 Bedroom Apartments

Panorama Terrace

235 Erb St WWaterloo, ON N2L 1V9
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Sage II
2 Bedroom Apartments

Sage II

318 Spruce StWaterloo, ON N2L 0E9

Waterloo, ON Local Guide

Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: June 23, 2025

There are currently 125 available 2 Bedroom apartment units in Waterloo, ON neighborhoods that range in price from C$1,350 to C$4,505. Heres is today's list of the top neighborhoods in Waterloo with the most available 2 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Waterloo North East38C$2,195C$1,350
Waterloo North West31C$2,661C$1,799
Waterloo University29C$2,667C$1,350
Waterloo Uptown27C$2,295C$1,350

Largest Available Waterloo 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Waterloo, ON is found at The Carrick in the Kitchener South West neighborhood and is 1,957 square feet priced from C$4,505. The Cooperage in the Waterloo North West neighborhood has the second largest 2 Bedroom, which is sized at 1,404 square feet and currently listed start at C$2,999. Here is today’s list of the largest available 2 Bedroom units in Waterloo:

Apartment ListingModel NameSquare FootagePriced From
The Carrick2-Level Townhouse 2 Bed + 3 Bath + Den + Media ...1,957 Sq FtC$4,505
The Cooperage2 Bedroom + Den1,404 Sq FtC$2,999
The Onyx2 Bedroom + Den1,356 Sq FtC$2,999
William Apartments2 Beds, 1 Baths1,256 Sq FtC$2,490
Queen Margaret II2 Bedroom1,237 Sq FtC$2,219
Trio on Belmont2 Bed 2 Bath (Goldenrod C)1,147 Sq FtC$2,595
The Bow2 Bedroom1,115 Sq FtC$2,899
255 Sunview St2 Bedroom plus Den812 Sq FtC$3,311
365 Albert2 Bedroom731 Sq FtC$2,608

Cheapest Available Waterloo 2 Bedroom Apartments

As of June 23, 2025 the lowest priced 2 Bedroom apartment unit in Waterloo, ON is the Two Bedroom Model starting from C$1,600 at 214 York Queen in the Kitchener Central neighborhood. The second most affordable Waterloo 2 Bedroom is the Unit 10 Model at Mad Mill Apartments starting at C$1,650 . The average price for all 2 Bedroom apartments in Waterloo is currently C$2,331. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
214 York QueenTwo BedroomC$1,600
Mad Mill ApartmentsUnit 10C$1,650
485 Parkside DrTwo Bedroom ApartmentC$1,699
Queen Margaret I2 BedroomC$1,849
Northfield GardensTwo BedroomC$1,865
61 Roy St2 BedroomC$1,880
250 Frederick StTwo BedroomC$1,890
Capitol Hill Apartments2 Bed 1 Bath AC$1,895
Sugarbush GardensSecond and Third Floor (Two Level Units)C$1,900
Mooregate Apartments2 Bedroom(s) and 1 Bathroom(s)C$1,900

Quick Rent Budget Calculator

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Frequently Asked Questions about 2 Bedroom Waterloo Apartments

What is the Cheapest apartment in Waterloo with 2 Bedroom?

Currently the most affordable 2 Bedroom in Waterloo is at 214 York Queen listed at C$1,600.

How much is the average rent for a 2 Bedroom Waterloo Apartment?

The average rent for a 2 Bedroom Apartment in Waterloo is C$2,331.

What is the largest available 2 Bedroom Waterloo Apartment for rent?

Today's apartment with the most square footage in Waterloo is a 1,957 square feet unit starting from C$4,505 at The Carrick.

What is the average size for Waterloo 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Waterloo is currently 744 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.