2 Bedroom Apartments for Rent in Waterloo, IA (93 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.

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Camelot Apartments
2 Bedroom Apartments

Camelot Apartments

1650 Camelot DrWaterloo, IA 50702
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1637 Carriage Hill Dr
2 Bedroom Apartments

1637 Carriage Hill Dr

1637 Carriage Hill DrWaterloo, IA 50701
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Greenridge Apartments
2 Bedroom Apartments

Greenridge Apartments

1645 Camelot DrWaterloo, IA 50702
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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
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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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4th Street Manor
2 Bedroom Apartments

4th Street Manor

3805-3807 W 4th StWaterloo, IA 50701
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5632 Keith Ln
2 Bedroom Apartments

5632 Keith Ln

5632 Keith LnWaterloo, IA 50701
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Woodline Condos
2 Bedroom Apartments

Woodline Condos

2539 W 3rd StWaterloo, IA 50701
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Roosevelt
2 Bedroom Apartments

Roosevelt

200 E Arlington StWaterloo, IA 50703
Senior Living
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Heritage Homes
2 Bedroom Apartments

Heritage Homes

1306 W Donald StWaterloo, IA 50703
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3451 E Orange Rd
2 Bedroom Apartments

3451 E Orange Rd

3451 E Orange RdWaterloo, IA 50701
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238 Palmer Dr
2 Bedroom Apartments

238 Palmer Dr

238 Palmer DrWaterloo, IA 50702
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Colonial Apartments
2 Bedroom Apartments

Colonial Apartments

801-811 W 4th StWaterloo, IA 50702
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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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1212 Langley Rd
2 Bedroom Apartments

1212 Langley Rd

1212 Langley RdWaterloo, IA 50702
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929 Grant Ave
2 Bedroom Apartments

929 Grant Ave

929 Grant AveWaterloo, IA 50702
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Cedar Knoll
2 Bedroom Apartments

Cedar Knoll

5535 Dysart RdWaterloo, IA 50701
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231 Miriam Dr
2 Bedroom Apartments

231 Miriam Dr

231 Miriam DrWaterloo, IA 50702
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1257 Ravenwood Rd
2 Bedroom Apartments

1257 Ravenwood Rd

1257 Ravenwood RdWaterloo, IA 50702

Waterloo, IA Local Guide

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Local Guide Expert

Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: July 07, 2025

There are currently 10 available 2 Bedroom apartment units in Waterloo, IA neighborhoods that range in price from $700 to $2,500. Heres is today's list of the top neighborhoods in Waterloo with the most available 2 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Downtown Waterloo10$1,261$700

Largest Available Waterloo 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Waterloo, IA is found at River Place in the Downtown Cedar Falls neighborhood and is 1,600 square feet priced from $3,433. 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 Waterloo:

Apartment ListingModel NameSquare FootagePriced From
River PlaceXL 2 Bedroom @ 2501,600 Sq Ft$3,433
Russell LamsonTwo Bedroom1,249 Sq Ft$1,025
The Grand Crossing2 Bedroom1,225 Sq Ft$1,700
Willow Falls Apartments1st Floor1,054 Sq Ft$1,600
Riverwalk Residences1st Month Free1,054 Sq Ft$1,300
Meadowbrook Apartments2 Bed / 2 Bath - Available Now!1,054 Sq Ft$1,295
3714 Ravenwood Cir2 BR/ 2 BA1,050 Sq Ft$1,200
Art BlocPenthouse1,000 Sq Ft$1,700

Cheapest Available Waterloo 2 Bedroom Apartments

As of July 07, 2025 the lowest priced 2 Bedroom apartment unit in Waterloo, IA is the 2 Bed / 1 Bath luxury Model starting from $500 at Residences on College Hill in the Downtown Cedar Falls neighborhood. The second most affordable Waterloo 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 Waterloo is currently $1,247. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
Residences on College Hill2 Bed / 1 Bath luxury$500
Meadow Ridge Apartments2 BR/ 1 BA$775
124 Earl St2BR/1.0BA$795
Le Chateau2BR/1.5BA$850
Cobblestone Circle ApartmentCobblestone Circle Spacious 2 Bedroom 1 Bath Ap...$850
4th Street Manor4th St 2 Bed/ 1 Bath$895
Leavitt Park Apartments - Waterloo, IA2 Bed 1 Bath | Leavitt Park Apartments$895
Edgemont Park ApartmentsTwo Bedroom Apartment At Top Rated Edgemont Par...$895

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Waterloo Overview

Black Hawk County, located in Iowa, is a beautiful part of the country. One of the jewels is Waterloo, IA, which is the county seat. Waterloo is not far from Cedar Falls, however, it still has beautiful living opportunities in its own right. If you are looking for apartments in Waterloo, Iowa, what do you need to know about this area? Take a look at some important information and find the best Waterloo apartments in the region.á

Why live in Waterloo, IA?

There are lots of reasons why people choose to live in the beautiful area of Waterloo. First, traffic is relatively light, allowing people to spend more time doing what they love instead of sitting in traffic. Next, the cost of living in Waterloo is very low. That is because real estate is not that expensive. Finally, there are lots of friendly people who live in Waterloo as well. Lots of people are willing to help each other out, making Waterloo a beautiful place for young professionals and family.á

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

Explore Waterloo, IA Rentals by Map

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Getting Around Waterloo, IA

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

24 / 100

Minimal Transit

It may be possible to get on a bus

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 Residences on College Hill listed at $500.

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

The average rent for a 2 Bedroom Apartment in Waterloo is $1,247.

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

Today's apartment with the most square footage in Waterloo is a 1,600 square feet unit starting from $3,433 at River Place.

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

The average size for a 2 Bedroom rental in Waterloo is currently 933 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.