2 Bedroom Apartments for Rent in Waterman, IL (46 Rentals)

Lincolnshire West

Agora Tower

University Plaza Apartments

Prairie Creek Townhomes

Lucinda Oaks Apartments
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.

Willis Senior Lofts

Barrington Plaza Realty

The Terraces at Dekalb on Hillcrest Drive

The Terraces at Dekalb on Ridge Drive

University Village Apartments

Hunter Star Properties
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

St. Albans Greens Townhouses and Apartments

Yorkville Apartments

Colonial Apartments

New Suburban Apartments

University Heights Apartments

106 W Comanche Ave

1778 W State St
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.

621 W Winthrop St

555 N Strack St

728 DeKalb Ave

1641 Park Ave

955 Buckingham Dr

280 WoodridgeUnit C

124 Bertram Dr

4561 Garritano St

1392 Carolyn Ct
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.

1381 Carolyn Ct

206 Brompton Ln

796 Simpson Ave

754 Simpson Ave
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.
Waterman, IL Local Guide

How much does it cost to rent an apartment in Waterman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterman Studio Apartments | $793 | $575 | $1,400 |
| Waterman 1 Bedroom Apartments | $1,008 | $630 | $1,653 |
Waterman 2 Bedroom Apartments | $1,120 | $450 | $2,157 |
| Waterman 3 Bedroom Apartments | $1,253 | $789 | $2,200 |
| Waterman 4 Bedroom Apartments | $1,494 | $1,090 | $2,150 |
Browse Top Apartments in Waterman
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Waterman, IL Local Guide
- Nearby Cities
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Largest Available Waterman and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Waterman, IL is found at Barrington Plaza Realty in the Devonaire Farms neighborhood and is 1,640 square feet priced from $1,200. Bristol Bay of Yorkville in the Blackberry Crossing West neighborhood has the second largest 2 Bedroom, which is sized at 1,488 square feet and currently listed start at $2,595. Here is today’s list of the largest available 2 Bedroom units in Waterman:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Barrington Plaza Realty | Barrington Plaza Realty | 1,640 Sq Ft | $1,200 |
| Bristol Bay of Yorkville | Accera | 1,488 Sq Ft | $2,595 |
| Fox Hill Senior Living | 2x2 | 1,123 Sq Ft | $1,439 |
| Lincolnshire West | 2bu | 850 Sq Ft | $1,400 |
| Eco Park | 2 | 850 Sq Ft | $1,245 |
| Ashbury Court | 2B | 800 Sq Ft | $1,025 |
| University Heights Apartments | 2B | 750 Sq Ft | $945 |
| University Plaza Apartments | B5 Floor Plan (Double Occupancy*) | 697 Sq Ft | $450 |
Cheapest Available Waterman and Nearby 2 Bedroom Apartments
As of November 28, 2025 the lowest priced 2 Bedroom apartment unit in Waterman, IL is the Ridge Drive 2 Bed Model starting from $925 at The Terraces at Dekalb on Ridge Drive in the Devonaire Farms neighborhood. The second most affordable Waterman 2 Bedroom is the Ridge Drive 2 Bed Model at The Terraces at Dekalb starting at $925 . The average price for all 2 Bedroom apartments in Waterman is currently $1,120. Here is today’s list of the cheapest available 2 Bedroom options in Waterman:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| The Terraces at Dekalb on Ridge Drive | Ridge Drive 2 Bed | $925 |
| The Terraces at Dekalb | Ridge Drive 2 Bed | $925 |
| University Heights Apartments | 2B | $945 |
| Barrington Plaza Realty | Barrington Plaza Realty | $1,200 |
| Eco Park | 2 | $1,245 |
| Lincolnshire West | 2gu | $1,400 |
| Fox Hill Senior Living | 2x2 | $1,439 |
| City Hall Suites | 2 BD | 2 BA | $1,700 |
| Bristol Bay of Yorkville | Accera | $2,595 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterman, IL Rentals by Map
See the most popular apartments and homes in Waterman, IL
Getting Around Waterman, IL
Walk Score®
25 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 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 Waterman Apartments
What is the Cheapest apartment in Waterman with 2 Bedroom?
Currently the most affordable 2 Bedroom in Waterman is at The Terraces at Dekalb on Ridge Drive listed at $925.
How much is the average rent for a 2 Bedroom Waterman Apartment?
The average rent for a 2 Bedroom Apartment in Waterman is $1,120.
What is the largest available 2 Bedroom Waterman Apartment for rent?
Today's apartment with the most square footage in Waterman is a 1,640 square feet unit starting from $1,200 at Barrington Plaza Realty.
What is the average size for Waterman 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Waterman is currently 1,226 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.














