2 Bedroom Apartments for Rent in Waterloo, IL (50 Rentals)

18 Station W

Covington Place Apartments

Avion Ridge

Black Forest Apartments

The Port Apartments

Taravue Park
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Patterson Place Apartments

Richardson Place Apartments

ReNew on Blues Apartments & Townhomes

South Summit Apartments

Canyon Creek

Jefferson Townhomes

Hunters Ridge STL
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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.

Suson Pines

Columbia Lakes Apartments

Stoney Pines Apartments

Miller Crossing Apartments & Villas

ReNew Cross Creek

Bridgewater Apartments
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Lyon Apartments

The Vineyards

Evergreen Manor

Trolley Circle

Heatherbrook

Oakbrook Gardens
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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.

615 S 2nd St

213 E Garfield St

603 W Bottom Ave

842 Southgate Dr

2802 Par Valley Ct

117 Willette Terrace
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Waterloo, IL Local Guide

How much does it cost to rent an apartment in Waterloo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterloo Studio Apartments | $833 | $695 | $1,011 |
Waterloo 1 Bedroom Apartments | $1,020 | $414 | $1,585 |
Waterloo 2 Bedroom Apartments | $1,277 | $481 | $2,386 |
Waterloo 3 Bedroom Apartments | $1,439 | $1,130 | $2,763 |
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Waterloo, IL Local Guide
- Waterloo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Waterloo and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Waterloo, IL is found at Lyon Apartments in the Princeton Heights neighborhood and is 1,447 square feet priced from $1,500. West Village in the Derby City neighborhood has the second largest 2 Bedroom, which is sized at 1,150 square feet and currently listed start at $1,650. Here is today’s list of the largest available 2 Bedroom units in Waterloo:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Lyon Apartments | B2 | 1,447 Sq Ft | $1,500 |
West Village | 2 Bed 2 Bath | 1,150 Sq Ft | $1,650 |
Miller Crossing Apartments & Villas | 2 Bedroom | 1,100 Sq Ft | $2,046 |
Stoney Pines Apartments | 2 Bed 2 Bath | 1,100 Sq Ft | $1,650 |
ReNew Cross Creek | Seville | 1,066 Sq Ft | $1,244 |
The Port Apartments | Two Bedroom Townhouse | 980 Sq Ft | $1,079 |
Village Royale | Suson | 936 Sq Ft | $1,430 |
Lakewood Apartments | 2A | 930 Sq Ft | $1,150 |
Jefferson Townhomes | Two Bedroom Townhome | 925 Sq Ft | $985 |
Cheapest Available Waterloo and Nearby 2 Bedroom Apartments
As of July 31, 2025 the lowest priced 2 Bedroom apartment unit in Waterloo, IL is the Two Bedroom Model starting from $481 at Trolley Circle in the East Saint Louis neighborhood. The second most affordable Waterloo 2 Bedroom is the Two Bedroom Townhome Model at Jefferson Townhomes starting at $985 in the Lemay neighborhood. The average price for all 2 Bedroom apartments in Waterloo is currently $1,277. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:
Apartment Listing | Model Name | Priced From |
---|---|---|
Trolley Circle | Two Bedroom | $481 |
Jefferson Townhomes | Two Bedroom Townhome | $985 |
Tuscany Village Apartments | 2 Bedroom 1 Bath | $995 |
The Port Apartments | Two Bedroom Townhouse | $1,079 |
Telegraph Crossing | Two Bedroom | $1,100 |
Covington Place Apartments | 2 Bedroom and 1 Bathroom | $1,137 |
Lakewood Apartments | 2A | $1,150 |
Greenway Trail Apartments | Save up to $500 off Move In Costs with your EXC... | $1,200 |
ReNew Cross Creek | Seville | $1,244 |
Quick Rent Budget Calculator
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Best Local Schools in Waterloo, IL
Rogers Elementary School
Waterloo High School
Waterloo Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Waterloo, IL
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
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
How much is the average rent for a 2 Bedroom Waterloo Apartment?
The average rent for a 2 Bedroom Apartment in Waterloo is $1,277.
What is the largest available 2 Bedroom Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 1,447 square feet unit starting from $1,500 at Lyon Apartments.
What is the average size for Waterloo 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Waterloo is currently 1,200 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.

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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.