2 Bedroom Apartments for Rent in Waterloo, IL (51 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
503-505 Park St
2 Bedroom Apartments

503-505 Park St

503-505 Park StWaterloo, IL 62298
close
View Me
Bella Vista Senior
2 Bedroom Apartments

Bella Vista Senior

103 Debra LnWaterloo, IL 62298
Senior Living

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.

Read Article

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.

Read Article

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.

Read Article

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

Read Article
close
View Me
Pevely Pointe
2 Bedroom Apartments

Pevely Pointe

1001 Pevely Pointe DrPevely, MO 63070
  • 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.

Read Article
Showing Results 1-50, Page 1 of 2

Waterloo, IL Local Guide

Largest Available Waterloo and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Waterloo, IL is found at West Village in the Derby City neighborhood and is 1,150 square feet priced from $1,650. Miller Crossing Apartments & Villas in the Regency Woods neighborhood has the second largest 2 Bedroom, which is sized at 1,100 square feet and currently listed start at $1,638. Here is today’s list of the largest available 2 Bedroom units in Waterloo:

Apartment ListingModel NameSquare FootagePriced From
West Village2 Bed 2 Bath1,150 Sq Ft$1,650
Miller Crossing Apartments & Villas2 Bedroom1,100 Sq Ft$1,638
Canyon CreekStrata1,080 Sq Ft$1,515
Lyon Apartments2BR/2.0BA1,069 Sq Ft$1,500
ReNew Cross Creek2 Bed 2 Bath Washer Dryer1,066 Sq Ft$1,469
Hunters Ridge STLAspen1,025 Sq Ft$1,452
Brookside Apartments2 Bedroom Non-updated936 Sq Ft$895
Suson PinesDOGWOOD933 Sq Ft$1,225
Lakewood Apartments2A930 Sq Ft$1,150
Jefferson TownhomesTwo Bedroom Townhome925 Sq Ft$1,015

Cheapest Available Waterloo and Nearby 2 Bedroom Apartments

As of May 31, 2026 the lowest priced 2 Bedroom apartment unit in Waterloo, IL is the 2 Bedroom Non-updated Model starting from $895 at Brookside Apartments in the Sullivan Manors neighborhood. The second most affordable Waterloo 2 Bedroom is the 2 Bedroom and 1 Bathroom Model at Covington Place Apartments starting at $973 in the Green Park neighborhood. The average price for all 2 Bedroom apartments in Waterloo is currently $1,287. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:

Apartment ListingModel NamePriced From
Brookside Apartments2 Bedroom Non-updated$895
Covington Place Apartments2 Bedroom and 1 Bathroom$973
Jefferson TownhomesTwo Bedroom Townhome$1,015
Kingston Apartments2 Bedroom Hillside$1,049
Greenway Trail ApartmentsSave up to $500 off Move In Costs with your EXC...$1,050
Black Forest ApartmentsTwo Bedroom$1,091
Heatherbrook2BR/1.0BA$1,125
Southfield Apartments2Bd/1Ba$1,150
Lakewood Apartments2A$1,150
Richardson Place ApartmentsC STYLE-2 BEDROOM$1,207

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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Waterloo, IL

School data provided by Great Schools

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

Explore Waterloo, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Waterloo, IL

View Map
Waterloo, IL Apartments Map
View Map
Waterloo, IL Rental Homes Map

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 Brookside Apartments listed at $895.

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

The average rent for a 2 Bedroom Apartment in Waterloo is $1,287.

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

Today's apartment with the most square footage in Waterloo is a 1,150 square feet unit starting from $1,650 at West Village.

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

The average size for a 2 Bedroom rental in Waterloo is currently 850 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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.