2 Bedroom Apartments for Rent in Waterloo, ON (681 Rentals)

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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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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.

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property at 457 Albert St

$1,800 - $1,850

2 Bedroom Rentals

Available Now

457 Albert St

WaterlooONN2L 5A7
property at 16 Austin Dr

$1,725 - $1,750

2 Bedroom Rentals

Available Now

16 Austin Dr

WaterlooONN2L 3Y1
property at 90 Churchill St

$2,095 - $2,295

2 Bedroom Rentals

Available Now

Churchill Townhomes

90 Churchill St
WaterlooONN2L 2X2
property at 499 Albert St

$1,900

2 Bedroom Rentals

Available Now

499 Albert St

WaterlooONN2L 5A7
property at 175 Wissler Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

175 Wissler Rd

WaterlooONN2K 3R1

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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property at 258B Sunview St

$1,850 - $1,985

2 Bedroom Rentals

Available Now

258B Sunview St

WaterlooONN2L 0H7
property at 50 Hickory St W

$1,985

Total Monthly Price

Total Monthly Price

Base Rent
$1,985
Total Monthly Price
$1,985

2 Bedroom, 1 Bath Condo for Rent

Available Aug 3

50 Hickory St W

WaterlooONN2L 0K4
property at 269 Sunview St

$2,000 - $3,200

2 Bedroom Rentals

Available Sep 4

269 Sunview St

WaterlooONN2L 3V8
property at 330 Phillip St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500
Total Monthly Price
$2,500

2 Bedroom, 1 Bath Condo for Rent

Available Aug 31

330 Phillip St

WaterlooONN2L 3W9

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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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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Showing Results 1-50, Page 1 of 14

Waterloo, ON Local Guide

Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: June 06, 2026

There are currently 150 available 2 Bedroom apartment units in Waterloo, ON neighborhoods that range in price from $995 to $5,665. Heres is today's list of the top neighborhoods in Waterloo with the most available 2 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Waterloo North East44$2,325$995
Waterloo Uptown39$2,287$995
Waterloo University36$2,325$995
Waterloo North West31$2,150$1,650

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 2,071 square feet priced from $3,945. 200 Shakespeare Drive in the Waterloo North West neighborhood has the second largest 2 Bedroom, which is sized at 1,405 square feet and currently listed start at $2,330. 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 ...2,071 Sq Ft$3,945
200 Shakespeare Drive2 Bedroom, 2 Bathroom1,405 Sq Ft$2,330
William Apartments2 Beds, 1 Baths1,352 Sq Ft$2,430
The Barrel YardsThe Mckenzie - 2 Bed + Den1,344 Sq Ft$3,030
Trio on BelmontTrio A: Bellflower E - 2 Bed Den 2 Bath1,296 Sq Ft$2,725
Waterloo Heights Apartments & TownhomesRent only 2&3 bedroom1,000 Sq Ft$2,110
Vertikal2 Bed, 2 Bath Model998 Sq Ft$2,475
Avenue Apartments2 Bedroom, 1 Bathroom873 Sq Ft$2,150
The HUB - 365 Albert2 Bedroom689 Sq Ft$2,538
The HUB GEOWAVE2 Bedroom689 Sq Ft$2,538

Cheapest Available Waterloo 2 Bedroom Apartments

As of June 06, 2026 the lowest priced 2 Bedroom apartment unit in Waterloo, ON is the 2 bed Model starting from $1,500 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 $1,595 . The average price for all 2 Bedroom apartments in Waterloo is currently $2,154. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
214 York Queen2 bed$1,500
Mad Mill ApartmentsUnit 10$1,595
387 King St East1A$1,695
250 Frederick StTwo Bedroom$1,725
Northfield GardensTwo Bedroom + Two Bath$1,775
Capitol Hill Apartments2 Bed 1 Bath F$1,795
383 Albert StTwo Bedroom Apartment$1,799
Metropolitan Towers2 Bedroom$1,799
Westwood Drive Apartments2 Bedroom Model$1,800
275 Larch St519$1,820

Real 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 214 York Queen listed at $1,500.

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

The average rent for a 2 Bedroom Apartment in Waterloo is $2,154.

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

Today's apartment with the most square footage in Waterloo is a 2,071 square feet unit starting from $3,945 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 722 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

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.