2 Bedroom Apartments for Rent in Waterloo, ON (256 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 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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property at 89 Blythwood Rd

89 Blythwood Rd

WaterlooONN2L 4A1
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Uptown Apartments
2 Bedroom Apartments

Uptown Apartments

154 Erb St EWaterloo, ON N2J 1M4
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Quiet Place
2 Bedroom Apartments

Quiet Place

510-516 Quiet PlWaterloo, ON N2L 5A3
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485 Parkside Dr
2 Bedroom Apartments

485 Parkside Dr

485 Parkside DrWaterloo, ON N2L 4X6
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The Victorian
2 Bedroom Apartments

The Victorian

125 Lincoln RdWaterloo, ON N2J 2N9
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Silverbirch Apartments
2 Bedroom Apartments

Silverbirch Apartments

598 Silverbirch RdWaterloo, ON N2L 4R4
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Pinegrove Apartments
2 Bedroom Apartments

Pinegrove Apartments

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

505 Parkside D

505 Parkside DrWaterloo, ON N2L 4X6
  • Utilities Included

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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Parkside Apartments
2 Bedroom Apartments

Parkside Apartments

527-529 Parkside DrWaterloo, ON N2L 4X7
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Cedar Creek
2 Bedroom Apartments

Cedar Creek

736 Old Albert StWaterloo, ON N2L 5C8
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55 Caroline St
2 Bedroom Apartments

55 Caroline St

55 Caroline StWaterloo, ON N2L 3S4
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130 Lincoln Rd
2 Bedroom Apartments

130 Lincoln Rd

130 Lincoln RdWaterloo, ON N2J 4N4
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The Cortes
2 Bedroom Apartments

The Cortes

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

Auburn Green

237 Auburn DrWaterloo, ON N2K 4G9
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222 Albert St
2 Bedroom Apartments

222 Albert St

222 Albert StWaterloo, ON N2L 3T6
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Mayfieldview Court
2 Bedroom Apartments

Mayfieldview Court

20-60 Goldbeck LnWaterloo, ON N2J 4L1
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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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311 Batavia Pl
2 Bedroom Apartments

311 Batavia Pl

311 Batavia PlWaterloo, ON N2L 3W1
Furnished
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246 Albert St
2 Bedroom Apartments

246 Albert St

246 Albert StWaterloo, ON N2L 3T2
Furnished
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250 Lester St
2 Bedroom Apartments

250 Lester St

250 Lester StWaterloo, ON N2L 3W5
Furnished
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The Onyx
2 Bedroom Apartments

The Onyx

23 Barrel Yards BlvdWaterloo, ON N2L 0C5
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The HUB - 365 Albert
2 Bedroom Apartments

The HUB - 365 Albert

365 Albert StWaterloo, ON N2L 3V2
Furnished
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375 King St N
2 Bedroom Apartments

375 King St N

375 King St NWaterloo, ON N2J 4L6
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458 Tamarack Dr
2 Bedroom Apartments

458 Tamarack Dr

458 Tamarack DrWaterloo, ON N2L 3P7
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10 Young St E
2 Bedroom Apartments

10 Young St E

10 Young St EWaterloo, ON N2J 2L3

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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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: September 08, 2025

There are currently 130 available 2 Bedroom apartment units in Waterloo, ON neighborhoods that range in price from C$1,350 to C$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 University35C$2,565C$1,350
Waterloo Uptown35C$2,400C$1,350
Waterloo North West33C$2,527C$1,899
Waterloo North East27C$2,095C$1,350

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 C$4,505. 200 Shakespeare Drive in the Waterloo North West neighborhood has the second largest 2 Bedroom, which is sized at 1,492 square feet and currently listed start at C$2,350. 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 FtC$4,505
200 Shakespeare Drive2 Bedroom, 2 Bathroom1,492 Sq FtC$2,350
The Barrel YardsThe Williams1,404 Sq FtC$2,949
Trio on Belmont2 Bed Den 2 Bath (Bellflower E)1,296 Sq FtCall for Rates
Margaret Place2 Bedroom1,250 Sq FtC$2,500
Queen Margaret II2 Bedroom1,237 Sq FtC$1,999
Victoria Park Place II2 Bedroom Model1,098 Sq FtC$2,350
255 Sunview St2 Bedroom plus Den812 Sq FtC$3,047
250 Frederick StTwo Bedroom800 Sq FtC$1,900

Cheapest Available Waterloo 2 Bedroom Apartments

As of September 08, 2025 the lowest priced 2 Bedroom apartment unit in Waterloo, ON is the Unit 10 Model starting from C$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 C$1,650 . The average price for all 2 Bedroom apartments in Waterloo is currently C$2,327. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
Mad Mill ApartmentsUnit 10C$1,650
214 York Queen2 BedC$1,650
Huntington Place2 BedroomC$1,799
Metropolitan Towers2 BedroomC$1,849
Northfield GardensTwo Bedroom + Two BathC$1,875
Capitol Hill Apartments2 Bed 1 Bath HC$1,895
Sugarbush GardensSecond and Third Floor (Two Level Units)C$1,900
Panorama Terrace2 BedroomC$1,900
250 Frederick StTwo BedroomC$1,900
Queen Margaret I2 BedroomC$1,969

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

Explore Waterloo, ON Rentals by Map

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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 C$2,327.

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 C$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 688 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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.