2 Bedroom Apartments for Rent in Waterloo, ON (270 Rentals)

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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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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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property at 499 Albert St

$1,675 - $2,000

2 Bedroom Rentals

Available Feb 1

499 Albert St

WaterlooONN2L 5A7
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311 Batavia Pl
$1,1502 Bedroom Apartments

311 Batavia Pl

311 Batavia PlWaterloo, ON N2L 3W1
Student Housing
  • Utilities Included
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Quiet Place
$1,5502 Bedroom Apartments

Quiet Place

510-516 Quiet PlWaterloo, ON N2L 5A3
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485 Parkside Dr
$1,6992 Bedroom Apartments

485 Parkside Dr

485 Parkside DrWaterloo, ON N2L 4X6
  • Utilities Included
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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.

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Panorama Terrace
$1,8502 Bedroom Apartments

Panorama Terrace

235 Erb St WWaterloo, ON N2L 1V9
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163 Macgregor Cres
$1,8862 Bedroom Apartments

163 Macgregor Cres

163 Macgregor CresWaterloo, ON N2J 3X2
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Pinegrove Apartments
$1,9952 Bedroom Apartments

Pinegrove Apartments

145 Lucan AveWaterloo, ON N2J 1W6
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505 Parkside D
$1,9992 Bedroom Apartments

505 Parkside D

505 Parkside DrWaterloo, ON N2L 4X6
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Cedar Creek
$1,845 - $2,0002 Bedroom Apartments

Cedar Creek

736 Old Albert StWaterloo, ON N2L 5C8
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Erb Court Apartments
$2,005 - $2,0652 Bedroom Apartments

Erb Court Apartments

201 Erb St WWaterloo, ON N2L 1V6
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55 Caroline St
$2,0992 Bedroom Apartments

55 Caroline St

55 Caroline StWaterloo, ON N2L 3S4
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Parkside Apartments
$2,0992 Bedroom Apartments

Parkside Apartments

527-529 Parkside DrWaterloo, ON N2L 4X7
  • Utilities Included

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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45 Caroline St N
$2,1992 Bedroom Apartments

45 Caroline St N

45 Caroline St NWaterloo, ON N2L 2Y6
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The Cortes
$1,340 - $2,2002 Bedroom Apartments

The Cortes

222 King St SWaterloo, ON N2J 1R3
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Auburn Green
$2,3002 Bedroom Apartments

Auburn Green

237 Auburn DrWaterloo, ON N2K 4G9
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Sage II
$2,050 - $2,4002 Bedroom Apartments

Sage II

318 Spruce StWaterloo, ON N2L 0E9
Furnished
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William Apartments
$2,4902 Bedroom Apartments

William Apartments

55 E William StWaterloo, ON N2J 4Z1
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Sage Six
$2,300 - $2,5002 Bedroom Apartments

Sage Six

251 Hemlock StWaterloo, ON N2L 3R4
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Mayfieldview Court
$2,5992 Bedroom Apartments

Mayfieldview Court

20-60 Goldbeck LnWaterloo, ON N2J 4L1
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Churchill Townhomes
$2,595 - $2,6602 Bedroom Apartments

Churchill Townhomes

90 Churchill StWaterloo, ON N2L 2X2
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The Barrel Yards
$2,949 - $3,2992 Bedroom Apartments

The Barrel Yards

16-20 Barrel Yards BlvdWaterloo, ON N2L 0C3
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250 Lester St
$2,982 - $3,4022 Bedroom Apartments

250 Lester St

250 Lester StWaterloo, ON N2L 3W5
Furnished
  • Utilities Included
Showing Results 1-50, Page 1 of 6

Waterloo, ON Local Guide

Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: January 22, 2026

There are currently 133 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:

NeighborhoodAvailable UnitsMedian PriceMin Price
Waterloo North East35$2,095$1,213
Waterloo University34$2,297$1,213
Waterloo North West33$2,240$1,799
Waterloo Uptown31$2,227$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. William Apartments in the Waterloo Uptown neighborhood has the second largest 2 Bedroom, which is sized at 1,480 square feet and currently listed start at $2,425. 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 ...1,957 Sq Ft$4,505
William Apartments2 Beds, 1 Baths1,480 Sq Ft$2,425
200 Shakespeare Drive2 Bedroom, 2 Bathroom1,407 Sq Ft$2,225
Avenue Apartments2 Bedroom, 1 Bathroom1,281 Sq Ft$1,885
Park PlaceTwo Bedroom1,019 Sq Ft$1,950
45 Caroline St NTwo Bedroom Apartment993 Sq Ft$2,199
255 Sunview St2 Bedroom plus Den812 Sq Ft$3,047

Cheapest Available Waterloo 2 Bedroom Apartments

As of January 22, 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 $1,550 . The average price for all 2 Bedroom apartments in Waterloo is currently $2,183. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
308 King1 Bedroom 1 Den 1 Bathroom$1,213
Quiet PlaceTwo Bedroom$1,550
Mad Mill ApartmentsUnit 10$1,595
Northfield GardensTwo Bedroom + Two Bath$1,650
214 York Queen2 Bed$1,650
387 King St East1A$1,795
105 Mausser Av2 Beds, 1 bath$1,799
383 Albert StTwo Bedroom Apartment$1,799
Westwood Drive Apartments2 Bedroom Model$1,800
275 Larch St519$1,820

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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The 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.

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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.

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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Waterloo, ON Rentals by Map

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See the most popular apartments and homes in Waterloo, ON

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Frequently Asked Questions about 2 Bedroom Waterloo Apartments

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

The average rent for a 2 Bedroom Apartment in Waterloo is $2,183.

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 798 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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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!