
2 Bedroom Apartments for Rent in Waterman, IL (40 Rentals)


310 N Elm St

City Hall Suites

Eco Park

Lincolnshire West

Agora Tower

Prairie Creek Townhomes

University Plaza Apartments

Willis Senior Lofts

Cortland Estates
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.

The Terraces at Dekalb on Hillcrest Drive

Lucinda Oaks Apartments

The Terraces at Dekalb on Ridge Drive

Fox Hill Senior Living

Barrington Plaza Realty

Hunter Star Properties

Amber Manor

University Village Apartments

Yorkville Apartments

St. Albans Greens Townhouses and Apartments
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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.

Ashbury Court

Colonial Townhouses

New Suburban Apartments

The Terraces at Dekalb

University Heights Apartments

555 N Strack St

440 S Peace Rd

534 Preston St

136 Bertram Dr

234 Bertram Dr
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4561 Garritano St

1381 Carolyn Ct

1535 Reserve Ln

754 Simpson Ave

The Grove Apartments

The Terraces at Dekalb on Linden Place

311 W Roosevelt St

Bristol Bay of Yorkville

The Terraces at Dekalb on Normal Road

The Terraces at Dekalb on Greenbrier 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.
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 | $803 | $600 | $1,400 |
| Waterman 1 Bedroom Apartments | $1,007 | $635 | $1,578 |
Waterman 2 Bedroom Apartments | $1,162 | $450 | $2,157 |
| Waterman 3 Bedroom Apartments | $1,329 | $789 | $2,200 |
| Waterman 4 Bedroom Apartments | $1,669 | $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 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 |
| St. Albans Greens Townhouses and Apartments | 2 Bedrooom TH NEW | 1,128 Sq Ft | $1,680 |
| Lincolnshire West | 2bu | 850 Sq Ft | $1,455 |
| Eco Park | 2 | 850 Sq Ft | $1,285 |
| University Plaza Apartments | B5 Floor Plan (Double Occupancy*) | 697 Sq Ft | $450 |
Cheapest Available Waterman and Nearby 2 Bedroom Apartments
As of January 23, 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 $1,162. 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 |
| Barrington Plaza Realty | Barrington Plaza Realty | $1,200 |
| Eco Park | 2 | $1,285 |
| Lincolnshire West | 2bu | $1,455 |
| 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 |
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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!
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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 $1,162.
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 1,328 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.

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.

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.