
2 Bedroom Apartments for Rent in Waterloo, ON (276 Rentals)


The HUB GEOWAVE

Sugarbush Gardens

The Carrick

The HUB - 365 Albert

Northfield Gardens

275 Larch St

611 Davenport

383 Albert St

Parkside Tower
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308 King

9 Lodge Street

130 & 140 Lincoln Road

144 Lucan Ave, Waterloo

Metropolitan Towers

Richmond Square

Avenue Apartments

200 Shakespeare Drive

437 Hazel St

16 Austin Dr
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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.

499 Albert St

778 Laurelwood Dr

457 Albert St

90 Churchill St

William Apartments

258C Sunview St

311 Batavia Pl

Quiet Place

485 Parkside Dr

376 Erb St W
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45 Caroline St N

Panorama Terrace

Total Monthly Price
646 Silverbirch Rd

45 Avondale Av S

Silverbirch Apartments

Pinegrove Apartments

505 Parkside D

Cedar Creek

Maple Hill Creek Apartments

Erb Court Apartments
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.

55 Caroline St

520 Parkside Dr

Parkside Apartments

The Cortes

163 Macgregor Cres

Sage II

Auburn Green

William Apartments

Sage Six

Mayfieldview Court
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 | $1,481 | $1,425 | $1,599 |
| Waterloo 1 Bedroom Apartments | $1,859 | $400 | $2,700 |
Waterloo 2 Bedroom Apartments | $2,135 | $1,213 | $4,505 |
| Waterloo 3 Bedroom Apartments | $2,329 | $795 | $2,975 |
| Waterloo 4 Bedroom Apartments | $969 | $732 | $1,295 |
| Waterloo 5 Bedroom Apartments | $1,331 | $600 | $5,650 |
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Waterloo, ON Local Guide
- Waterloo Neighborhoods
- Nearby Cities
Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: March 08, 2026There are currently 136 available 2 Bedroom apartment units in Waterloo, ON neighborhoods that range in price from $1,213 to $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 Uptown | 38 | $2,095 | $1,213 |
| Waterloo North East | 34 | $2,095 | $1,213 |
| Waterloo North West | 32 | $2,220 | $1,660 |
| Waterloo University | 32 | $2,159 | $1,213 |
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 $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 $2,220. 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 | $4,505 |
| 200 Shakespeare Drive | 2 Bedroom, 2 Bathroom | 1,407 Sq Ft | $2,220 |
| The Barrel Yards | The Williams | 1,404 Sq Ft | $2,949 |
| Avenue Apartments | 2 Bedroom, 1 Bathroom | 1,281 Sq Ft | $1,885 |
| William Apartments | 2 Beds, 1 Baths | 1,256 Sq Ft | $2,430 |
| Trio on Belmont | Trio A: 2 Bed 2 Bath (Goldenrod C) | 1,147 Sq Ft | $2,445 |
| Park Place | Two Bedroom | 1,132 Sq Ft | $1,850 |
| Vertikal | 2 Bed, 2 Bath Model | 998 Sq Ft | $2,475 |
| 45 Caroline St N | Two Bedroom Apartment | 993 Sq Ft | $1,849 |
| 255 Sunview St | 2 Bedroom plus Den | 812 Sq Ft | $3,047 |
Cheapest Available Waterloo 2 Bedroom Apartments
As of March 08, 2026 the lowest priced 2 Bedroom apartment unit in Waterloo, ON is the 1 Bedroom 1 Den 1 Bathroom Model starting from $1,213 at 308 King in the Waterloo North East neighborhood. The second most affordable Waterloo 2 Bedroom is the Two Bedroom Model at Quiet Place starting at $1,540 . The average price for all 2 Bedroom apartments in Waterloo is currently $2,135. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 308 King | 1 Bedroom 1 Den 1 Bathroom | $1,213 |
| Quiet Place | Two Bedroom | $1,540 |
| Mad Mill Apartments | Unit 10 | $1,595 |
| 214 York Queen | 2 Bed | $1,650 |
| Parkside Tower | 2 Bedroom, 1 Bathroom | $1,660 |
| 376 Erb St W | 2 x 1 | $1,699 |
| Queen Margaret II | 2 Bedroom | $1,779 |
| 144 Lucan Ave, Waterloo | 2D | $1,795 |
| 387 King St East | 1A | $1,795 |
| 383 Albert St | Two Bedroom Apartment | $1,799 |
Don'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.
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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 308 King listed at $1,213.
How much is the average rent for a 2 Bedroom Waterloo Apartment?
The average rent for a 2 Bedroom Apartment in Waterloo is $2,135.
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 $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 847 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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.