2 Bedroom Apartments for Rent in Waterloo, IN (49 Rentals)

The Grand at Shoaff Park

Dupont Lakes Apartments

Somerset Townhomes and Villas

Arcadia Apartments

Wood Creek Apartments

Evard Place - Solar Powered

Avalon at Northbrook Apartments and Townhomes

Union Club Apartments

BONTERRA APARTMENTS

Redwood Fort Wayne Diebold Road

Redwood Fort Wayne Wallen Road

Windsor Oaks

St Joe Place

Fountain Lake Apartment Homes

Wayne Street Commons

Reserve at Dawson's Creek

Nelson Estates Apartments

Griswold Estates Apartments

Huntertown Apartments

West Commons

Camden Park

Deerfield Village

Crosswait Estates Apartments

Steeplechase at Parkview

Stone Pointe Village

Homestead Village Fort Wayne - Active Living 55+ Community

Golfview Apartments

Wallen Hills Apartments

10095 Bluffs Cor

Shoaff Park Villas

Emerald Pointe (55+ Senior Community)

14 Holiday Park

711 Lake Ave

4225 S 1170 E

702 N Main St

5602 Thornbriar Ln

7315 Wrangler Trail

6220 Crofton Dr
Waterloo, IN Local Guide

How much does it cost to rent an apartment in Waterloo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent | 
|---|---|---|---|
| Waterloo Studio Apartments | $935 | $695 | $1,139 | 
| Waterloo 1 Bedroom Apartments | $1,198 | $625 | $1,850 | 
|    Waterloo   2 Bedroom Apartments     | $1,430 | $640 | $2,487 | 
| Waterloo 3 Bedroom Apartments | $1,833 | $756 | $2,500 | 
| Waterloo 4 Bedroom Apartments | $600 | $600 | $600 | 
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Waterloo, IN Local Guide
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Largest Available Waterloo and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Waterloo, IN is found at Redwood Fort Wayne Diebold Road in the Wallen Chase neighborhood and is 1,620 square feet priced from $2,392. Dupont Meadows in the Northwest Fort Wayne neighborhood has the second largest 2 Bedroom, which is sized at 1,605 square feet and currently listed start at $1,799. Here is today’s list of the largest available 2 Bedroom units in Waterloo:
| Apartment Listing | Model Name | Square Footage | Priced From | 
|---|---|---|---|
| Redwood Fort Wayne Diebold Road | Capewood | 1,620 Sq Ft | $2,392 | 
| Dupont Meadows | Pecan | 1,605 Sq Ft | $1,799 | 
| Huntertown Apartments | Two Bedroom | 1,500 Sq Ft | $1,595 | 
| Reserve at Dawson's Creek | The Dogwood - Premium | 1,446 Sq Ft | $1,780 | 
| Redwood Fort Wayne Wallen Road | Meadowood | 1,326 Sq Ft | $1,868 | 
| BONTERRA APARTMENTS | Chardonnay | 1,230 Sq Ft | $1,537 | 
| Evard Place - Solar Powered | 2 Bedroom 2 Bath | 1,200 Sq Ft | $1,600 | 
| OAK CROSSING | The Willow | 1,198 Sq Ft | $1,637 | 
| Steeplechase at Parkview | Great Meadow | 1,184 Sq Ft | $1,475 | 
| 10095 Bluffs Cor | Townhome A | 1,125 Sq Ft | $1,495 | 
Cheapest Available Waterloo and Nearby 2 Bedroom Apartments
As of October 31, 2025 the lowest priced 2 Bedroom apartment unit in Waterloo, IN is the 2 Bedroom Model starting from $721 at Drake Terrace III . The second most affordable Waterloo 2 Bedroom is the 2 Bed 50% Model at Northcrest Apartments starting at $921 in the Village of Ray neighborhood. The average price for all 2 Bedroom apartments in Waterloo is currently $1,430. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:
| Apartment Listing | Model Name | Priced From | 
|---|---|---|
| Drake Terrace III | 2 Bedroom | $721 | 
| Northcrest Apartments | 2 Bed 50% | $921 | 
| Griswold Estates Apartments | Two Bedroom One Bathroom | $979 | 
| Crosswait Estates Apartments | Two Bedroom | $1,009 | 
| Wood Creek Apartments | The Cottonwood | $1,050 | 
| Island Club | Barbados - Premium | $1,090 | 
| Stone Pointe Village | Avila 3D | $1,150 | 
| Emerald Pointe (55+ Senior Community) | Hawthorne | $1,225 | 
| The Grand at Shoaff Park | B2 | $1,250 | 
| Dupont Lakes Apartments | Two Bedroom | $1,254 | 
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Best Local Schools in Waterloo, IN
Waterloo Elementary School
Dekalb High School
Dekalb Middle School
School data provided by Great Schools
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Getting Around Waterloo, IN
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
29 / 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
What is the Cheapest apartment in Waterloo with 2 Bedroom?
Currently the most affordable 2 Bedroom in Waterloo is at Drake Terrace III listed at $721.
How much is the average rent for a 2 Bedroom Waterloo Apartment?
The average rent for a 2 Bedroom Apartment in Waterloo is $1,430.
What is the largest available 2 Bedroom Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 1,620 square feet unit starting from $2,392 at Redwood Fort Wayne Diebold Road.
What is the average size for Waterloo 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Waterloo is currently 1,092 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.










