
2 Bedroom Apartments for Rent in Waterloo, ON (265 Rentals)


The HUB GEOWAVE

Northfield Gardens

Sugarbush Gardens

The Barrel Yards

The HUB - 365 Albert

Avenue Apartments

308 King
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130 & 140 Lincoln Road

144 Lucan Ave, Waterloo

Parkside Tower

Metropolitan Towers

200 Shakespeare Drive

611 Davenport

383 Albert St
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325-325 Erb St. W

Churchill Townhomes

William Apartments

499 Albert St
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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 | $1,602 | $1,360 | $1,845 |
| Waterloo 1 Bedroom Apartments | $1,959 | $575 | $2,695 |
Waterloo 2 Bedroom Apartments | $2,266 | $1,213 | $4,505 |
| Waterloo 3 Bedroom Apartments | $2,192 | $1,200 | $2,895 |
| Waterloo 4 Bedroom Apartments | $1,439 | $1,060 | $2,700 |
| Waterloo 5 Bedroom Apartments | $1,024 | $750 | $1,190 |
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Waterloo, ON Local Guide
- Waterloo Neighborhoods
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Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: December 07, 2025There are currently 112 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 North East | 32 | $2,150 | $1,213 |
| Waterloo North West | 32 | $2,559 | $1,800 |
| Waterloo University | 29 | $2,559 | $1,213 |
| Waterloo Uptown | 19 | $2,230 | $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 $2,430. 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 |
| William Apartments | 2 Beds, 1 Baths | 1,480 Sq Ft | $2,430 |
| The Barrel Yards | The Williams | 1,404 Sq Ft | $2,949 |
| Regency | 2 Bedroom | 1,270 Sq Ft | $2,149 |
| Victoria Park Place I | 2 Bedroom Model | 1,061 Sq Ft | $2,350 |
| 45 Caroline St N | Two Bedroom Apartment | 993 Sq Ft | $2,199 |
| 255 Sunview St | 2 Bedroom plus Den | 812 Sq Ft | $3,047 |
| 250 Frederick St | Two Bedroom | 800 Sq Ft | $1,949 |
Cheapest Available Waterloo 2 Bedroom Apartments
As of December 07, 2025 the lowest priced 2 Bedroom apartment unit in Waterloo, ON is the Unit 10 Model starting from $1,650 at Mad Mill Apartments in the Kitchener Central neighborhood. The second most affordable Waterloo 2 Bedroom is the 2 Bed Model at 214 York Queen starting at $1,650 . The average price for all 2 Bedroom apartments in Waterloo is currently $2,266. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Mad Mill Apartments | Unit 10 | $1,650 |
| 214 York Queen | 2 Bed | $1,650 |
| Northfield Gardens | Two Bedroom + Two Bath | $1,675 |
| 144 Lucan Ave, Waterloo | 2E | $1,725 |
| Westwood Drive Apartments | 2 Bedroom Model | $1,800 |
| 387 King St East | 1A | $1,825 |
| 383 Albert St | Two Bedroom Apartment | $1,849 |
| Capitol Hill Apartments | 2 Bed 1 Bath B | $1,875 |
| Sugarbush Gardens | Second and Third Floor (Two Level Units) | $1,900 |
| 250 Frederick St | Two Bedroom | $1,949 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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
How much is the average rent for a 2 Bedroom Waterloo Apartment?
The average rent for a 2 Bedroom Apartment in Waterloo is $2,266.
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 823 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





























