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

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!

Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

property at 90 Churchill St
$2,095 - $2,295
2 Bedroom Rentals
Available Now

Churchill Townhomes

90 Churchill St
WaterlooONN2L 2X2
property at 275 Larch St
$2,100 - $2,600

Total Monthly Price

Base Rent$1,200 - $2,600

Total Monthly Price$1,200 - $2,600
2 Bedroom Rentals
Available Now
Furnished

275 Larch St

WaterlooONN2L 0J5
property at 258 Sunview St
$1,850 - $2,890
2 Bedroom Rentals
Available Now
Furnished

258 Sunview St

WaterlooONN2L 0H7
property at 269 Sunview St
$1,900
2 Bedroom Rentals
Available Now
Furnished

269 Sunview St

WaterlooONN2L 3V8

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.

property at 275A Larch St
$2,200
2 Bedroom Rentals
Available Now

275A Larch St

WaterlooONN2L 0J5
property at 99 Roger St
$2,400

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
property at 107 Roger St
$2,450
2 Bedroom Rentals
Available Now

107 Roger St

WaterlooONN2J 0G3

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.

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.

Waterloo, ON Local Guide

Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: September 06, 2026

There 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:

NeighborhoodAvailable UnitsMedian PriceMin Price
Waterloo Uptown32$2,110$1,140
Waterloo North East30$1,997$1,140
Waterloo North West27$2,041$1,595
Waterloo University25$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 ListingModel NameSquare FootagePriced From
200 Shakespeare Drive2 Bedroom, 2 Bathroom1,405 Sq Ft$2,452
William Apartments2 Beds, 1 Baths1,256 Sq Ft$2,525
The BowThe Fletcher 05 - 2 Bed + Den1,174 Sq Ft$2,424
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$2,400
Park PlaceTwo Bedroom1,091 Sq Ft$2,100
Vertikal2 Bed, 2 Bath Model998 Sq Ft$2,489
Avenue Apartments2 Bedroom, 1 Bathroom873 Sq Ft$2,077
255 Sunview St2 Bedroom plus Den812 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 ListingModel NamePriced From
250 Lester St2 Bedroom plus Den$1,449
214 York Queen2 bedroom$1,500
169 Lancaster Street W, Apartments and Tow...WalkUp 2b1b$1,595
Mad Mill ApartmentsUnit 10$1,595
20 University Inc.Clubhouse$1,619
Capitol Hill Apartments2 Bed 1.5 Bath A$1,695
Northfield GardensTwo Bedroom + Two Bath$1,710
250 Frederick StTwo Bedroom$1,725
Queen Margaret I2 Bedroom$1,799
The HUB - 365 Albert2 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 Article

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Waterloo, ON Rentals by Map

View Map
Waterloo, ON Apartments Map
View Map
Waterloo, ON Rental Homes Map

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

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.