2 Bedroom Apartments for Rent in Waterloo, IA (163 Rentals)

Union at North Crossing

Grand Crossing

Edgemont Park Apartments

Riverwalk Residences

Legacy Manor of Waterloo - 55+ Living

Kinsale Condominiums

Leavitt Street Apartments

Russell Lamson

Prairie Rapids
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.

3714 Ravenwood Cir

4th Street Manor

Le Chateau

Meadow Ridge Apartments

1821 E Ridgeway Ave

727-727 W 11th St

702 Bertch Ave

439 Gladys St

1515 1/2 Franklin St

225 Miriam Dr
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.

1205-1207-1207 Wisconsin St

824 Sycamore St

303 Franklin St

910 Mulberry St

313 Denver St

920 Sycamore St

820 W 2nd St

1112-1114 Byron Ave

302 Clay St

1524 1/2 W 5th St
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.

3609 Joan Dr

269 Madison St

235 Madison St

227 Madison St

1254 W Mullan Ave

652 Conger St

2001 City View St

137 Western Ave

719 W 5th St

657 Dawson St
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

1233 Logan Ave

151 French St

307 Riehl St

425 Glenwood St

1272 W Mullan Ave

538 Sherman Ave

3271 Ansborough Ave

243 Polk St

519 Adams St

314 Conger St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Waterloo, IA Local Guide

How much does it cost to rent an apartment in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Studio Apartments | $1,045 | $600 | $1,395 |
| Waterloo 1 Bedroom Apartments | $1,080 | $600 | $1,800 |
Waterloo 2 Bedroom Apartments | $1,278 | $600 | $2,000 |
| Waterloo 3 Bedroom Apartments | $1,551 | $995 | $1,950 |
| Waterloo 4 Bedroom Apartments | $1,557 | $395 | $2,400 |
Browse Top Apartments in Waterloo
See all Apartments in WaterlooExplore Waterloo
Waterloo, IA Local Guide

- Waterloo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: June 12, 2026There are currently 19 available 2 Bedroom apartment units in Waterloo, IA neighborhoods that range in price from $600 to $1,910. Heres is today's list of the top neighborhoods in Waterloo with the most available 2 Bedroom apartments:
| Neighborhood | Available Units | Median Price | Min Price |
|---|---|---|---|
| Downtown Waterloo | 19 | $1,055 | $600 |
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 $1,055. The Grand Crossing has the second largest 2 Bedroom, which is sized at 1,225 square feet and currently listed start at $1,850. Here is today’s list of the largest available 2 Bedroom units in Waterloo:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Russell Lamson | Two Bedroom | 1,249 Sq Ft | $1,055 |
| The Grand Crossing | 2 Bed - 2 Bath - Larger (2C2) | 1,225 Sq Ft | $1,850 |
| Meadowbrook Apartments | 2 Bed / 2 Bath - Available Now! | 1,054 Sq Ft | $1,295 |
| Willow Falls Apartments | 1st Floor | 1,054 Sq Ft | $1,550 |
| Riverwalk Residences | 1st Month Free | 1,054 Sq Ft | $1,250 |
| 3714 Ravenwood Cir | 2 BR/ 2 BA | 1,050 Sq Ft | $1,150 |
| The Residence at Willow Falls | 2 Bed D | 1,016 Sq Ft | $1,840 |
| Art Bloc | 6th & 7th Floor 2 Bedroom - Standard | 1,000 Sq Ft | $1,910 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 975 Sq Ft | $995 |
| University Manor | 2 BR/ 1BA ( Aug '26) | 860 Sq Ft | $1,055 |
Cheapest Available Waterloo 2 Bedroom Apartments
As of June 12, 2026 the lowest priced 2 Bedroom apartment unit in Waterloo, IA is the 2 BR/ 1 BA Model starting from $775 at Meadow Ridge Apartments . The second most affordable Waterloo 2 Bedroom is the Cobblestone Circle Spacious 2 Bedroom 1 Bath Ap... Model at Cobblestone Circle Apartments starting at $825 . The average price for all 2 Bedroom apartments in Waterloo is currently $1,278. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Meadow Ridge Apartments | 2 BR/ 1 BA | $775 |
| Cobblestone Circle Apartments | Cobblestone Circle Spacious 2 Bedroom 1 Bath Ap... | $825 |
| Leavitt Street Apartments | ***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ... | $920 |
| Edgemont Park Apartments | Edgemont 2 bed/1 bath Balcony | $945 |
| Elmcrest | 2 Bedrooms | $950 |
| Kinsale Condominiums | Two Bedroom w/ Garage | $995 |
| Russell Lamson | Two Bedroom | $1,055 |
| University Manor | 2 BR/ 1BA ( Aug '26) | $1,055 |
| Park @ Nine23 | b1sw_RENO | $1,100 |
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.
Read ArticleQuick 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.
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
Best Local Schools in Waterloo, IA
Orange Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterloo, IA Rentals by Map
See the most popular apartments and homes in Waterloo, IA
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 Meadow Ridge Apartments listed at $775.
How much is the average rent for a 2 Bedroom Waterloo Apartment?
The average rent for a 2 Bedroom Apartment in Waterloo is $1,278.
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 $1,055 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 891 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.
