2 Bedroom Apartments for Rent in Waterloo, IA (112 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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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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Camelot Apartments
2 Bedroom Apartments

Camelot Apartments

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

1637 Carriage Hill

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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4th Street Manor
2 Bedroom Apartments

4th Street Manor

3805-3807 W 4th StWaterloo, IA 50701
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Le Chateau
2 Bedroom Apartments

Le Chateau

733-747 Russell RdWaterloo, 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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Woodline Townhomes
2 Bedroom Apartments

Woodline Townhomes

2539 W 3rd StWaterloo, IA 50701
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3863 Paige Dr
2 Bedroom Apartments

3863 Paige Dr

3863 Paige DrWaterloo, IA 50702
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2141 Logan Ave
2 Bedroom Apartments

2141 Logan Ave

2141 Logan AveWaterloo, IA 50703
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213-223 E 5th St
2 Bedroom Apartments

213-223 E 5th St

213-223 E 5th StWaterloo, IA 50703
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Heritage Homes
2 Bedroom Apartments

Heritage Homes

1306 W Donald StWaterloo, IA 50703
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Roosevelt
2 Bedroom Apartments

Roosevelt

200 E Arlington StWaterloo, IA 50703
Senior Living
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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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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: September 14, 2025

There are currently 19 available 2 Bedroom apartment units in Waterloo, IA neighborhoods that range in price from $625 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 Waterloo19$1,025$625

Largest Available Waterloo 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Waterloo, IA is found at Russell Lamson in the Downtown Waterloo neighborhood and is 1,249 square feet priced from $1,025. The Grand Crossing has the second largest 2 Bedroom, which is sized at 1,225 square feet and currently listed start at $1,700. Here is today’s list of the largest available 2 Bedroom units in Waterloo:

Apartment ListingModel NameSquare FootagePriced From
Russell LamsonTwo Bedroom1,249 Sq Ft$1,025
The Grand Crossing2 Bedroom1,225 Sq Ft$1,700
Twin Oaks Apartments2 Bed 2.5 Bath1,200 Sq Ft$1,500
The Residence @ Willow Falls2 Bed A1,109 Sq Ft$1,950
Meadowbrook Apartments2 Bed / 2 Bath - Available Now!1,054 Sq Ft$1,295
Willow Falls ApartmentsWillow Falls - Fully Furnished1,054 Sq Ft$1,550
Riverwalk Residences1st Month Free1,054 Sq Ft$1,300
Art BlocPenthouse1,000 Sq Ft$1,700

Cheapest Available Waterloo 2 Bedroom Apartments

As of September 14, 2025 the lowest priced 2 Bedroom apartment unit in Waterloo, 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 Waterloo 2 Bedroom is the 2BR/1.0BA Model at Cobblestone Circle Apartment starting at $775 . The average price for all 2 Bedroom apartments in Waterloo is currently $1,178. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
Residences on College HillPrivate 2-Bedrooms in a Spacious 4-Bedroom Unit...$525
Cobblestone Circle Apartment2BR/1.0BA$775
1150 Home Park Blvd2BR/1.0BA$850
Le Chateau2BR/1.5BA$850
Lantern Square ApartmentsLS 2x1.5$895
Edgemont Park ApartmentsTwo Bedroom Apartment At Top Rated Edgemont Par...$895
Leavitt Park Apartments - Waterloo, IAStandard Unit$920

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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

Waterloo, IA
Population: 67,798

Ranked #539

in US Census Population by City

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Best Local Schools in
Waterloo, IA

School data provided by Great Schools

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

Explore Waterloo, IA Rentals by Map

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See the most popular apartments and homes in Waterloo, IA

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $525.

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

The average rent for a 2 Bedroom Apartment in Waterloo is $1,178.

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

Today's apartment with the most square footage in Waterloo is a 1,249 square feet unit starting from $1,025 at Russell Lamson.

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

The average size for a 2 Bedroom rental in Waterloo is currently 995 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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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.

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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.