2 Bedroom Apartments for Rent in Waterloo, IA (166 Rentals)

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 414 Cottage St

$900

2 Bedroom, 1 Bath Home for Rent

Available Aug 10

414 Cottage St

WaterlooIA50703
property at 1821 E Ridgeway Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

1821 E Ridgeway Ave

WaterlooIA50702
property at 1909 Robin Rd

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1.5 Bath Home for Rent

Available Aug 1

1909 Robin Rd

WaterlooIA50701

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.

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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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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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Waterloo, IA Local Guide

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Waterloo 2 Bedroom Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: July 27, 2026

There are currently 17 available 2 Bedroom apartment units in Waterloo, IA neighborhoods that range in price from $600 to $1,850. Heres is today's list of the top neighborhoods in Waterloo with the most available 2 Bedroom apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
Downtown Waterloo17$1,152$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. 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 ListingModel NameSquare FootagePriced From
Russell LamsonTwo Bedroom1,249 Sq Ft$1,055
Grand Crossing2 Bed - 2 Bath - Larger (2C2)1,225 Sq Ft$1,850
The Residence @ Willow Falls2 Bed A1,109 Sq Ft$1,950
Willow Falls Apartments1st Floor1,054 Sq Ft$1,600
Riverwalk Residences1st Month Free1,054 Sq Ft$1,250
3714 Ravenwood Cir2 BR/ 2 BA1,050 Sq Ft$1,150
Prairie Rapids2bed/1bath1,018 Sq Ft$1,175
Pineview Place ApartmentsPrime Waterloo Living: 2-Bedroom / 1-Bath Apart...1,000 Sq Ft$1,045
Kinsale CondominiumsTwo Bedroom w/ Garage975 Sq Ft$995
Le Chateau2BR/1.5BA940 Sq Ft$795

Cheapest Available Waterloo 2 Bedroom Apartments

As of July 27, 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 2BR/1.5BA Model at Le Chateau starting at $795 . The average price for all 2 Bedroom apartments in Waterloo is currently $1,332. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
Meadow Ridge Apartments2 BR/ 1 BA$775
Le Chateau2BR/1.5BA$795
Cobblestone Circle ApartmentsCobblestone Circle Spacious 2 Bedroom 1 Bath Ap...$825
Leavitt Park Apartments - Waterloo, IA***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ...$920
Park @ Nine23b1sw$930
Elmcrest2 Bedrooms$950
Kinsale CondominiumsTwo Bedroom w/ Garage$995
Union at North Crossing2 Bed 2 Bath$1,034
Pineview Place ApartmentsPrime Waterloo Living: 2-Bedroom / 1-Bath Apart...$1,045
University Manor2 BR/ 1BA ( Aug '26)$1,055

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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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

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Waterloo, IA

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

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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 $1,332.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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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.