2 Bedroom Apartments for Rent in Fairbank, IA (55 Rentals)

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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.

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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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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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2557 W 3rd St
2 Bedroom Apartments

2557 W 3rd St

2557 W 3rd StWaterloo, IA 50701
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Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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5632 Keith Ln
2 Bedroom Apartments

5632 Keith Ln

5632 Keith LnWaterloo, IA 50701
Corporate Housing
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124-136 Earl St
2 Bedroom Apartments

124-136 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
  • 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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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 Russell Lamson in the Downtown Waterloo neighborhood and is 1,249 square feet priced from $1,055. Grand Crossing has the second largest 2 Bedroom, which is sized at 1,200 square feet and currently listed start at $1,324. Here is today’s list of the largest available 2 Bedroom units in Fairbank:

Apartment ListingModel NameSquare FootagePriced From
Russell LamsonTwo Bedroom1,249 Sq Ft$1,055
Grand Crossing2 Bed - 2 Bath - Smaller - LMI1,200 Sq Ft$1,324
Willow Falls Apartments1st Floor1,054 Sq Ft$1,600
Riverwalk Residences1st Month Free1,054 Sq Ft$1,250
Rush Mills: 505 EnterpriseThird Floor1,054 Sq Ft$1,350
3714 Ravenwood Cir2 BR/ 2 BA1,050 Sq Ft$1,150
The Residence @ Willow Falls2 Bed D1,016 Sq Ft$1,840
Kinsale CondominiumsTwo Bedroom w/ Garage975 Sq Ft$995
Meadow Ridge Apartments2 BR/ 1 BA832 Sq Ft$775
The Meadows ApartmentsMeadows 2Bd760 Sq Ft$750

Cheapest Available Fairbank and Nearby 2 Bedroom Apartments

As of May 31, 2026 the lowest priced 2 Bedroom apartment unit in Fairbank, IA is the Meadows 2Bd Model starting from $750 at The Meadows Apartments in the Southlawn Court neighborhood. The second most affordable Fairbank 2 Bedroom is the 2 BR/ 1 BA Model at Meadow Ridge Apartments starting at $775 . The average price for all 2 Bedroom apartments in Fairbank is currently $1,343. Here is today’s list of the cheapest available 2 Bedroom options in Fairbank:

Apartment ListingModel NamePriced From
The Meadows ApartmentsMeadows 2Bd$750
Meadow Ridge Apartments2 BR/ 1 BA$775
Elmcrest2 Bedrooms$950
Kinsale CondominiumsTwo Bedroom w/ Garage$995
Russell LamsonTwo Bedroom$1,055
3714 Ravenwood Cir2 BR/ 2 BA$1,150
Park @ Nine23B1sc$1,160
Riverwalk Residences1st Month Free$1,250
Grand Crossing2 Bed - 2 Bath - Smaller - LMI$1,324
Rush Mills: 505 EnterpriseThird Floor$1,350

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.

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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 The Meadows Apartments listed at $750.

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

The average rent for a 2 Bedroom Apartment in Fairbank is $1,343.

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

Today's apartment with the most square footage in Fairbank is a 1,249 square feet unit starting from $1,055 at Russell Lamson.

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

The average size for a 2 Bedroom rental in Fairbank is currently 973 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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.