
2 Bedroom Apartments for Rent in Waterloo, ON (587 Rentals)


Brightwood

Vale Station Apartments

Richmond Square

275 Larch St

20 University Inc.

The HUB GEOWAVE

The HUB - 365 Albert

611 Davenport

Avenue Apartments
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Parkside Tower

Total Monthly Price
Waterloo Heights Apartments & Townhomes

383 Albert St

308 King

130 & 140 Lincoln Road

144 Lucan Ave, Waterloo

Beechwood Apartments

200 Shakespeare Drive

20 Austin Dr

193 Pinegrove Crescent
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325-325 Erb St. W

595 Silverbirch Rd

Churchill Townhomes

William Apartments

258C Sunview St

602 Silverbirch Rd

457 Albert St

275 Larch St

258 Sunview St

269 Sunview St
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258A-258A Sunview St

275A Larch St

99 Roger St

107 Roger St

62 Balsam St, Unit H201

62 Balsam St, Unit H201

449 Hazel St, Unit 5

449 Hazel St, Unit 5

124 King St N, Unit 2

124 King St N, Unit 2
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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

317 Erb St. W, Unit 3

71 Helene Crescent

71 Helene Crescent

128 King St N

128 King St N

580 Coldstream Dr, Unit 201

580 Coldstream Dr, Unit 201

580 Coldstream Dr, Unit 212

580 Coldstream Dr, Unit 212

128 King St N, Unit 710
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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 | $1,410 | $1,200 | $1,545 |
| Waterloo 1 Bedroom Apartments | $1,751 | $750 | $5,180 |
Waterloo 2 Bedroom Apartments | $2,049 | $1,140 | $5,665 |
| Waterloo 3 Bedroom Apartments | $2,599 | $695 | $6,105 |
| Waterloo 4 Bedroom Apartments | $1,288 | $645 | $3,620 |
| Waterloo 5 Bedroom Apartments | $1,765 | $575 | $5,650 |
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Waterloo, ON Local Guide
- Waterloo Neighborhoods
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Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: September 06, 2026There are currently 114 available 2 Bedroom apartment units in Waterloo, ON neighborhoods that range in price from $1,140 to $5,665. 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 Uptown | 32 | $2,110 | $1,140 |
| Waterloo North East | 30 | $1,997 | $1,140 |
| Waterloo North West | 27 | $2,041 | $1,595 |
| Waterloo University | 25 | $1,995 | $1,140 |
Largest Available Waterloo 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Waterloo, ON is found at 200 Shakespeare Drive in the Waterloo North West neighborhood and is 1,405 square feet priced from $2,452. William Apartments in the Waterloo Uptown neighborhood has the second largest 2 Bedroom, which is sized at 1,256 square feet and currently listed start at $2,525. Here is today’s list of the largest available 2 Bedroom units in Waterloo:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 200 Shakespeare Drive | 2 Bedroom, 2 Bathroom | 1,405 Sq Ft | $2,452 |
| William Apartments | 2 Beds, 1 Baths | 1,256 Sq Ft | $2,525 |
| The Bow | The Fletcher 05 - 2 Bed + Den | 1,174 Sq Ft | $2,424 |
| Trio on Belmont | Trio A: Goldenrod C - 2 Bed 2 Bath | 1,147 Sq Ft | $2,475 |
| Beechwood Apartments | 2 Beds, 1.5 baths | 1,117 Sq Ft | $1,995 |
| Margaret Place | 2 Bedroom | 1,100 Sq Ft | $2,400 |
| Park Place | Two Bedroom | 1,091 Sq Ft | $2,100 |
| Vertikal | 2 Bed, 2 Bath Model | 998 Sq Ft | $2,489 |
| Avenue Apartments | 2 Bedroom, 1 Bathroom | 873 Sq Ft | $2,077 |
| 255 Sunview St | 2 Bedroom plus Den | 812 Sq Ft | $1,964 |
Cheapest Available Waterloo 2 Bedroom Apartments
As of September 06, 2026 the lowest priced 2 Bedroom apartment unit in Waterloo, ON is the 2 Bedroom plus Den Model starting from $1,449 at 250 Lester St in the Waterloo North East neighborhood. The second most affordable Waterloo 2 Bedroom is the 2 bedroom Model at 214 York Queen starting at $1,500 in the Kitchener Central neighborhood. The average price for all 2 Bedroom apartments in Waterloo is currently $2,049. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 250 Lester St | 2 Bedroom plus Den | $1,449 |
| 214 York Queen | 2 bedroom | $1,500 |
| 169 Lancaster Street W, Apartments and Tow... | WalkUp 2b1b | $1,595 |
| Mad Mill Apartments | Unit 10 | $1,595 |
| 20 University Inc. | Clubhouse | $1,619 |
| Capitol Hill Apartments | 2 Bed 1.5 Bath A | $1,695 |
| Northfield Gardens | Two Bedroom + Two Bath | $1,710 |
| 250 Frederick St | Two Bedroom | $1,725 |
| Queen Margaret I | 2 Bedroom | $1,799 |
| The HUB - 365 Albert | 2 Bedroom | $1,807 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 250 Lester St listed at $1,449.
How much is the average rent for a 2 Bedroom Waterloo Apartment?
The average rent for a 2 Bedroom Apartment in Waterloo is $2,049.
What is the largest available 2 Bedroom Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 1,405 square feet unit starting from $2,452 at 200 Shakespeare Drive.
What is the average size for Waterloo 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Waterloo is currently 861 sq ft.
Expert Rental Resources
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.
Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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