
2 Bedroom Apartments for Rent in Waterloo, ON (264 Rentals)


The HUB - 365 Albert

Northfield Gardens

The Barrel Yards

The Carrick

Sugarbush Gardens

130 & 140 Lincoln Road

Parkside Tower
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.

Spurline Flats, Midtown Waterloo

Richmond Square

200 Shakespeare Drive

611 Davenport

383 Albert St

258 Sunview St

457 Albert St

499 Albert St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Churchill Townhomes

144 Lucan Ave
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.
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.
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.
Waterloo, ON Local Guide

How much does it cost to rent an apartment in Waterloo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterloo Studio Apartments | C$1,101 | C$750 | C$1,560 |
Waterloo 1 Bedroom Apartments | C$2,022 | C$575 | C$2,795 |
Waterloo 2 Bedroom Apartments | C$2,291 | C$1,350 | C$4,505 |
Waterloo 3 Bedroom Apartments | C$2,534 | C$2,000 | C$4,365 |
Waterloo 4 Bedroom Apartments | C$2,912 | C$830 | C$5,400 |
Waterloo 5 Bedroom Apartments | C$3,270 | C$750 | C$6,450 |
Browse Top Apartments in Waterloo
See all Apartments in WaterlooExplore Waterloo
Waterloo, ON Local Guide
- Waterloo Neighborhoods
- Nearby Cities
Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: October 23, 2025There are currently 145 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:
Neighborhood | Available Units | Median Price | Min Price |
---|---|---|---|
Waterloo North West | 39 | C$2,557 | C$1,849 |
Waterloo North East | 38 | C$2,172 | C$1,350 |
Waterloo University | 37 | C$2,559 | C$1,350 |
Waterloo Uptown | 31 | C$2,250 | C$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. 200 Shakespeare Drive in the Waterloo North West neighborhood has the second largest 2 Bedroom, which is sized at 1,407 square feet and currently listed start at C$2,340. Here is today’s list of the largest available 2 Bedroom units in Waterloo:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
The Carrick | 2-Level Townhouse 2 Bed + 3 Bath + Den + Media ... | 1,957 Sq Ft | C$4,505 |
200 Shakespeare Drive | 2 Bedroom, 2 Bathroom | 1,407 Sq Ft | C$2,340 |
The Barrel Yards | The Williams | 1,404 Sq Ft | C$2,949 |
Trio on Belmont | 2 Bed Den 2 Bath (Bellflower E) | 1,296 Sq Ft | Call for Rates |
William Apartments | 2 Beds, 1 Baths | 1,256 Sq Ft | C$2,575 |
Queen Margaret II | 2 Bedroom | 1,237 Sq Ft | C$2,119 |
Queen Margaret I | 2 Bedroom | 1,142 Sq Ft | C$1,839 |
Vertikal | 2 Bed + Den, 2 Bath Model | 1,103 Sq Ft | C$2,530 |
Park Place | Two Bedroom | 1,091 Sq Ft | C$2,095 |
255 Sunview St | 2 Bedroom plus Den | 812 Sq Ft | C$3,047 |
Cheapest Available Waterloo 2 Bedroom Apartments
As of October 23, 2025 the lowest priced 2 Bedroom apartment unit in Waterloo, ON is the Two Bedroom Model starting from C$1,625 at Quiet Place in the Waterloo North East neighborhood. The second most affordable Waterloo 2 Bedroom is the 2 Bed Model at 214 York Queen starting at C$1,650 in the Kitchener Central neighborhood. The average price for all 2 Bedroom apartments in Waterloo is currently C$2,291. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:
Apartment Listing | Model Name | Priced From |
---|---|---|
Quiet Place | Two Bedroom | C$1,625 |
214 York Queen | 2 Bed | C$1,650 |
Mad Mill Apartments | Unit 10 | C$1,650 |
The Estates | Two Bedroom + 2 Bath | C$1,675 |
485 Parkside Dr | Two Bedroom Apartment | C$1,699 |
Queen Margaret I | 2 Bedroom | C$1,699 |
Huntington Place | 2 Bedroom | C$1,699 |
Northfield Gardens | Two Bedroom + Two Bath | C$1,735 |
Metropolitan Towers | 2 Bedroom | C$1,829 |
383 Albert St | Two Bedroom Apartment | C$1,849 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterloo, ON Rentals by Map
See the most popular apartments and homes in Waterloo, ON
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 Quiet Place listed at C$1,625.
How much is the average rent for a 2 Bedroom Waterloo Apartment?
The average rent for a 2 Bedroom Apartment in Waterloo is C$2,291.
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 818 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.