2 Bedroom Apartments for Rent in Waterloo, ON (706 Rentals)

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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.

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property at 265 Glenridge Dr

$3,850

Total Monthly Price

Total Monthly Price

Base Rent
$2,400 - $3,850
Total Monthly Price
$2,400 - $3,850

2 Bedroom Homes for Rent

Available Dec 31

265 Glenridge Dr

WaterlooONN2J 3W5
property at 457 Albert St

$1,700 - $1,850

2 Bedroom Rentals

Available Sep 1

457 Albert St

WaterlooONN2L 5A7
property at 144 Lucan Ave

$1,895 - $2,095

2 Bedroom Rentals

Available Jul 31

144 Lucan Ave

WaterlooONN2J 1W7
property at 90 Churchill St

$2,095 - $2,295

2 Bedroom Rentals

Available Now

Churchill Townhomes

90 Churchill St
WaterlooONN2L 2X2

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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property at 66 Karen Walk

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

2 Bedroom, 1 Bath Home for Rent

Available Aug 31

66 Karen Walk

WaterlooONN2L 6K7
property at 258 Sunview St

$1,850 - $2,890

2 Bedroom Rentals

Available Sep 4

258 Sunview St

WaterlooONN2L 0H7
property at 258B Sunview St

$1,900 - $2,900

2 Bedroom Rentals

Available Sep 4

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 Sep 3

50 Hickory St W

WaterlooONN2L 0K4
property at 269 Sunview St

$1,900 - $3,200

2 Bedroom Rentals

Available Sep 4

269 Sunview St

WaterlooONN2L 3V8

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 99 Roger St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400
Total Monthly Price
$2,400

2 Bedroom, 2 Bath Townhome for Rent

Available Now

99 Roger St

WaterlooONN2J 0G1

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 15

Waterloo, ON Local Guide

Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: July 22, 2026

There are currently 98 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:

NeighborhoodAvailable UnitsMedian PriceMin Price
Waterloo North East28$2,045$1,140
Waterloo Uptown25$2,097$1,140
Waterloo North West24$2,094$1,695
Waterloo University21$2,046$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 $2,330. William Apartments in the Waterloo Uptown neighborhood has the second largest 2 Bedroom, which is sized at 1,352 square feet and currently listed start at $2,720. Here is today’s list of the largest available 2 Bedroom units in Waterloo:

Apartment ListingModel NameSquare FootagePriced From
200 Shakespeare Drive2 Bedroom, 2 Bathroom1,405 Sq Ft$2,330
William Apartments2 Beds, 1 Baths1,352 Sq Ft$2,720
Trio on BelmontTrio A: Goldenrod C - 2 Bed 2 Bath1,147 Sq Ft$2,475
Beechwood Apartments2 Beds, 1.5 baths1,117 Sq Ft$1,995
Margaret Place2 Bedroom1,100 Sq Ft$2,395
Waterloo Heights Apartments & TownhomesTownhome - Two Bedroom1,090 Sq Ft$2,110
Vertikal2 Bed, 2 Bath Model998 Sq Ft$2,489
Avenue Apartments2 Bedroom, 1 Bathroom873 Sq Ft$2,150
The HUB - 365 Albert2 Bedroom689 Sq Ft$1,973
The HUB GEOWAVE2 Bedroom689 Sq Ft$2,037

Cheapest Available Waterloo 2 Bedroom Apartments

As of July 22, 2026 the lowest priced 2 Bedroom apartment unit in Waterloo, ON is the 2 Bedroom 1 Bath Model starting from $1,219 at 169 Lancaster Street W, Apartments and Townhouses in the Kitchener North West 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 $2,083. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
169 Lancaster Street W, Apartments and Townhouses2 Bedroom 1 Bath$1,219
214 York Queen2 bedroom$1,500
20 University Inc.Clubhouse$1,590
Mad Mill ApartmentsUnit 3$1,595
Capitol Hill Apartments2 Bed 1 Bath B$1,650
105 Mausser Av2 Beds, 1 bath$1,745
646 Silverbirch Rd2 Bedroom$1,749
Northfield GardensTwo Bedroom + Two Bath$1,775
512 Albert St2 Bedroom$1,799
Huntington Place2 Bedroom$1,799

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 169 Lancaster Street W, Apartments and Townhouses listed at $1,219.

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

The average rent for a 2 Bedroom Apartment in Waterloo is $2,083.

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 $2,330 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 773 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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.