2 Bedroom Apartments for Rent in Fairbank, IA (40 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.

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.

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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1637 Carriage Hill Dr
2 Bedroom Apartments

1637 Carriage Hill Dr

1637 Carriage Hill DrWaterloo, IA 50701
  • Utilities Included
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124 Earl St
2 Bedroom Apartments

124 Earl St

124-136 Earl StEvansdale, IA 50707
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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
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5632 Keith Ln
2 Bedroom Apartments

5632 Keith Ln

5632 Keith LnWaterloo, IA 50701

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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Woodline Condos
2 Bedroom Apartments

Woodline Condos

2539 W 3rd StWaterloo, IA 50701
  • Utilities Included
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Legacy Condos
2 Bedroom Apartments

Legacy Condos

2113 4th St SWWaverly, IA 50677
  • Utilities Included

Fairbank, IA Local Guide

Largest Available Fairbank and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Fairbank, IA is found at Palace Apartments and is 1,300 square feet priced from $1,600. Russell Lamson in the Downtown Waterloo neighborhood has the second largest 2 Bedroom, which is sized at 1,249 square feet and currently listed start at $1,025. Here is today’s list of the largest available 2 Bedroom units in Fairbank:

Apartment ListingModel NameSquare FootagePriced From
Palace ApartmentsPalace Apartments - Two Bedrooms1,300 Sq Ft$1,600
Russell LamsonTwo Bedroom1,249 Sq Ft$1,025
The Grand Crossing2 Bedroom1,225 Sq Ft$1,700
The Residence @ Willow Falls2 Bed A1,109 Sq Ft$1,950
Riverwalk Residences1st Month Free1,054 Sq Ft$1,300
3714 Ravenwood Cir2 BR/ 2 BA1,050 Sq Ft$1,150
River Place2 Bedroom @ 300 State1,000 Sq Ft$1,525
Art BlocPenthouse1,000 Sq Ft$1,700
Pineview Place ApartmentsPrime Waterloo Living: 2-Bedroom / 1-Bath Apart...1,000 Sq Ft$1,025
Kinsale CondominiumsTwo Bedroom w/ Garage975 Sq Ft$975

Cheapest Available Fairbank and Nearby 2 Bedroom Apartments

As of July 25, 2025 the lowest priced 2 Bedroom apartment unit in Fairbank, IA is the Private 2-Bedrooms in a Spacious 4-Bedroom Unit... Model starting from $525 at Residences on College Hill in the Downtown Cedar Falls neighborhood. The second most affordable Fairbank 2 Bedroom is the Quads 2Bd Model at The Meadows Apartments starting at $700 in the Southlawn Court neighborhood. The average price for all 2 Bedroom apartments in Fairbank is currently $1,249. Here is today’s list of the cheapest available 2 Bedroom options in Fairbank:

Apartment ListingModel NamePriced From
Residences on College HillPrivate 2-Bedrooms in a Spacious 4-Bedroom Unit...$525
The Meadows ApartmentsQuads 2Bd$700
Meadow Ridge Apartments2 BR/ 1 BA$775
124 Earl St2BR/1.0BA$795
Le Chateau2BR/1.5BA$850
Leavitt Park Apartments - Waterloo, IA2 Bed 1 Bath | Leavitt Park Apartments$895
Edgemont Park ApartmentsTwo Bedroom Apartment At Top Rated Edgemont Par...$895
Park @ Nine23b1sv$925
Elmcrest2 Bedrooms$950
Kinsale CondominiumsTwo Bedroom w/ Garage$975

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

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Getting Around Fairbank, IA

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about 2 Bedroom Fairbank Apartments

What is the Cheapest apartment in Fairbank with 2 Bedroom?

Currently the most affordable 2 Bedroom in Fairbank is at Residences on College Hill listed at $525.

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

The average rent for a 2 Bedroom Apartment in Fairbank is $1,249.

What is the largest available 2 Bedroom Fairbank Apartment for rent?

Today's apartment with the most square footage in Fairbank is a 1,300 square feet unit starting from $1,600 at Palace Apartments.

What is the average size for Fairbank 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Fairbank is currently 944 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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.