
2 Bedroom Apartments for Rent in Waterman, IL (37 Rentals)


310 N Elm St

Lincolnshire West

City Hall Suites

Eco Park

Agora Tower

Prairie Creek Townhomes

Lucinda Oaks Apartments

Willis Senior Lofts
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.

Cortland Estates

The Terraces at Dekalb on Hillcrest Drive

The Terraces at Dekalb on Ridge Drive

Fox Hill Senior Living

Hunter Star Properties

University Village Apartments

Amber Manor

St. Albans Greens Townhouses and Apartments

Yorkville Apartments
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.

The Terraces at Dekalb

Ashbury Court

Colonial Townhouses

University Heights Apartments

New Suburban Apartments

711 S West St

555 N Strack St

234 Bertram Dr

4561 Garritano St
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.

411 Alyssa St

1325 Chestnut Ln

The Grove Apartments

The Terraces at Dekalb on Linden Place

Barrington Plaza Realty

311 W Roosevelt St

University Plaza Apartments

Bristol Bay of Yorkville

The Terraces at Dekalb on Normal Road
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.

The Terraces at Dekalb on Greenbrier Road
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 | $805 | $600 | $1,400 |
| Waterman 1 Bedroom Apartments | $971 | $656 | $1,578 |
Waterman 2 Bedroom Apartments | $1,226 | $900 | $1,900 |
| Waterman 3 Bedroom Apartments | $1,346 | $1,025 | $2,200 |
| Waterman 4 Bedroom Apartments | $1,637 | $1,295 | $2,150 |
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Waterman, IL Local Guide
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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 Bristol Bay of Yorkville in the Blackberry Crossing West neighborhood and is 1,488 square feet priced from $2,595. St. Albans Greens Townhouses and Apartments in the Reston Ponds neighborhood has the second largest 2 Bedroom, which is sized at 1,128 square feet and currently listed start at $1,680. Here is today’s list of the largest available 2 Bedroom units in Waterman:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Bristol Bay of Yorkville | Accera | 1,488 Sq Ft | $2,595 |
| St. Albans Greens Townhouses and Apartments | 2 Bedrooom TH NEW | 1,128 Sq Ft | $1,680 |
| University Heights Apartments | 2T | 866 Sq Ft | $1,050 |
| Eco Park | 2 | 850 Sq Ft | $1,185 |
| Ashbury Court | 2B | 800 Sq Ft | $1,075 |
| University Plaza Apartments | B5 Floor Plan (Double Occupancy*) | 697 Sq Ft | $450 |
Cheapest Available Waterman and Nearby 2 Bedroom Apartments
As of March 14, 2026 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 $1,226. 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 | 2T | $1,050 |
| Ashbury Court | 2B | $1,075 |
| Eco Park | 2 | $1,185 |
| St. Albans Greens Townhouses and Apartments | 2 Bedrooom TH NEW | $1,680 |
| 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
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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
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 $1,226.
What is the largest available 2 Bedroom Waterman Apartment for rent?
Today's apartment with the most square footage in Waterman is a 1,488 square feet unit starting from $2,595 at Bristol Bay of Yorkville.
What is the average size for Waterman 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Waterman is currently 1,148 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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.