
2 Bedroom Apartments for Rent in Waterloo, IA Under $1,200 (43 Rentals)


The Grand Crossing

Prairie Rapids

Leavitt Park Apartments - Waterloo, IA

Meadow Ridge Apartments
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.

3741 Joan Dr

1807 Upton Ave

1833 Cornwall Ave

657 Sherman Ave

117 1/2 Lafayette St

1112-1114 Byron Ave

225 Miriam Dr

820 W 2nd 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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Park @ Nine23

Residences on College Hill

124 Earl St

3014 Rownd St, Unit 3014 Rownd St

2116 Olive St, Unit 2

1123 W 22nd St

1012 Clay St

709 Walnut St

1411-1411 Main St
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 | $953 | $550 | $1,300 |
Waterloo 1 Bedroom Apartments | $1,050 | $385 | $1,800 |
Waterloo 2 Bedroom Apartments | $1,285 | $645 | $3,433 |
Waterloo 3 Bedroom Apartments | $1,155 | $505 | $1,950 |
Waterloo 4 Bedroom Apartments | $906 | $375 | $1,500 |
Explore Waterloo
Waterloo, IA Local Guide
- Waterloo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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 $695.
How much is the average rent for a 2 Bedroom Waterloo Apartment?
The average rent for a 2 Bedroom Apartment in Waterloo is $1,285.
What is the largest available 2 Bedroom Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 1,641 square feet unit starting from $2,400 at State Street Riverfront.
What is the average size for Waterloo 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Waterloo is currently 990 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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.