2 Bedroom Apartments for Rent in Waterloo, ON (264 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.

property at 258 Sunview St

258 Sunview St

WaterlooONN2L 0H7
property at 457 Albert St

457 Albert St

WaterlooONN2L 5A7
property at 499 Albert St

499 Albert St

WaterlooONN2L 5A7

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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Uptown Apartments
2 Bedroom Apartments

Uptown Apartments

154 Erb St EWaterloo, ON N2J 1M4
  • Utilities Included
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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
  • Utilities Included
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Panorama Terrace
2 Bedroom Apartments

Panorama Terrace

235 Erb St WWaterloo, ON N2L 1V9
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The Victorian
2 Bedroom Apartments

The Victorian

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

Pinegrove Apartments

145 Lucan AveWaterloo, ON N2J 1W6
  • Utilities Included

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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505 Parkside D
2 Bedroom Apartments

505 Parkside D

505 Parkside DrWaterloo, ON N2L 4X6
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  • Smoke Free
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520 Parkside Dr
2 Bedroom Apartments

520 Parkside Dr

520 Parkside DrWaterloo, ON N2L 4X7
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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
  • Utilities Included

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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222 Albert St
2 Bedroom Apartments

222 Albert St

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

Mayfieldview Court

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

311 Batavia Pl

311 Batavia PlWaterloo, ON N2L 3W1
Student Housing
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  • Smoke Free
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250 Lester St
2 Bedroom Apartments

250 Lester St

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

The Onyx

23 Barrel Yards BlvdWaterloo, ON N2L 0C5
  • Utilities Included
  • Smoke Free
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Woodland Terrace
2 Bedroom Apartments

Woodland Terrace

302 Erb St WWaterloo, ON N2L 1W3
Senior Living
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The Waterford
2 Bedroom Apartments

The Waterford

30 Blue Springs DrWaterloo, ON N2J 4M4
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216 King St S
2 Bedroom Apartments

216 King St S

216 King St SWaterloo, ON N2J 1R3

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.

Waterloo, ON Local Guide

Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: October 23, 2025

There are currently 145 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 North West39C$2,557C$1,849
Waterloo North East38C$2,172C$1,350
Waterloo University37C$2,559C$1,350
Waterloo Uptown31C$2,250C$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 1,407 square feet and currently listed start at C$2,340. 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 Bathroom1,407 Sq FtC$2,340
The Barrel YardsThe Williams1,404 Sq FtC$2,949
Trio on Belmont2 Bed Den 2 Bath (Bellflower E)1,296 Sq FtCall for Rates
William Apartments2 Beds, 1 Baths1,256 Sq FtC$2,575
Queen Margaret II2 Bedroom1,237 Sq FtC$2,119
Queen Margaret I2 Bedroom1,142 Sq FtC$1,839
Vertikal2 Bed + Den, 2 Bath Model1,103 Sq FtC$2,530
Park PlaceTwo Bedroom1,091 Sq FtC$2,095
255 Sunview St2 Bedroom plus Den812 Sq FtC$3,047

Cheapest Available Waterloo 2 Bedroom Apartments

As of October 23, 2025 the lowest priced 2 Bedroom apartment unit in Waterloo, ON is the Two Bedroom Model starting from C$1,625 at Quiet Place in the Waterloo North East neighborhood. The second most affordable Waterloo 2 Bedroom is the 2 Bed Model at 214 York Queen starting at C$1,650 in the Kitchener Central neighborhood. The average price for all 2 Bedroom apartments in Waterloo is currently C$2,291. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
Quiet PlaceTwo BedroomC$1,625
214 York Queen2 BedC$1,650
Mad Mill ApartmentsUnit 10C$1,650
The EstatesTwo Bedroom + 2 BathC$1,675
485 Parkside DrTwo Bedroom ApartmentC$1,699
Queen Margaret I2 BedroomC$1,699
Huntington Place2 BedroomC$1,699
Northfield GardensTwo Bedroom + Two BathC$1,735
Metropolitan Towers2 BedroomC$1,829
383 Albert StTwo Bedroom ApartmentC$1,849

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 Quiet Place listed at C$1,625.

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

The average rent for a 2 Bedroom Apartment in Waterloo is C$2,291.

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 818 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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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! 

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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.

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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.