
2 Bedroom Apartments for Rent in Waterville, MN (49 Rentals)


Riverchase Apartments

South Pointe Apartments

Straight River Apartments, LLC

Elmview II 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.

Hillside Apartments

South Pointe II Apartments

Heritage Bluff Apartments LLC

The Pearl

Trails Edge Apartments LLC

111 Vine Apartments

Dublin Road Townhomes

Town's Edge Place 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.

Village Place Apartments

Fox Meadows Townhomes

The Faribo Apartments

Cardinal Creek Apartments

Pond View Heights Apartments

Willow Cascades Townhomes

The Village Place Flats

Woodside Apartments
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.

123 Lynn Ln

102 Terri Ln

144 Lynn Ln

122 Terri Ln

109 Jaybee Ln

114 Laurinda Ln

128 Terri Ln

210 Karu Dr

206 Janjo Dr

204 Karu Dr
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.

207 Janjo Dr

808 Francis St

109 Laurinda Ln

2019 Essler Dr
Waterville, MN Local Guide

How much does it cost to rent an apartment in Waterville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterville Studio Apartments | $1,081 | $1,000 | $1,315 |
Waterville 1 Bedroom Apartments | $1,351 | $900 | $1,775 |
Waterville 2 Bedroom Apartments | $1,619 | $1,075 | $2,650 |
Waterville 3 Bedroom Apartments | $1,645 | $1,249 | $2,095 |
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Waterville, MN Local Guide
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Largest Available Waterville and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Waterville, MN is found at ASCEND in the Downtown Owatonna neighborhood and is 1,437 square feet priced from $2,475. Pond View Heights Apartments in the East Mankato neighborhood has the second largest 2 Bedroom, which is sized at 1,384 square feet and currently listed start at $2,050. Here is today’s list of the largest available 2 Bedroom units in Waterville:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
ASCEND | 2B Oak | 1,437 Sq Ft | $2,475 |
Pond View Heights Apartments | G -dual master Bedrooms (now) | 1,384 Sq Ft | $2,050 |
Riverchase Apartments | 2 Bedroom 2 Bath | 1,256 Sq Ft | $1,690 |
Straight River Apartments, LLC | 2 Bedroom 1 Bath | 1,254 Sq Ft | $1,870 |
Fox Meadows Townhomes | Two Bed - Market | 1,232 Sq Ft | $1,650 |
Augusta Park Estates | 2 Bedroom / 2 Bathroom End (D) | 1,182 Sq Ft | $1,850 |
Heights on Adams | Two Bedroom | 1,115 Sq Ft | $1,575 |
West Lake Meadows | 2 Bedroom 1 Bath B | 1,080 Sq Ft | $1,570 |
Park Plaza Apartments | 2B 1011 sq. ft. | 1,011 Sq Ft | $1,400 |
Cardinal Creek Apartments | Two Bedroom | 945 Sq Ft | $1,355 |
Cheapest Available Waterville and Nearby 2 Bedroom Apartments
As of June 11, 2025 the lowest priced 2 Bedroom apartment unit in Waterville, MN is the 2 Bedroom Model starting from $1,075 at Town's Edge Place Apartments in the Downtown Faribault neighborhood. The second most affordable Waterville 2 Bedroom is the 2 bedroom 1 bathroom Model at Heritage Bluff Apartments LLC starting at $1,300 . The average price for all 2 Bedroom apartments in Waterville is currently $1,619. Here is today’s list of the cheapest available 2 Bedroom options in Waterville:
Apartment Listing | Model Name | Priced From |
---|---|---|
Town's Edge Place Apartments | 2 Bedroom | $1,075 |
Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | $1,300 |
Straight River Apartments, LLC | 2 Bedroom 1 Bath | $1,350 |
Cardinal Creek Apartments | Two Bedroom | $1,355 |
Park Plaza Apartments | 2B 999 sq.ft. | $1,400 |
West Lake Meadows | 2 Bedroom 1 Bath A | $1,400 |
Riverchase Apartments | 2 Bedroom 1 Bath | $1,445 |
The Village Place Flats | Two bedroom | $1,450 |
Augusta Park Estates | 2 Bedroom/ 1 Bathroom A (A) | $1,575 |
Heights on Adams | Two Bedroom | $1,575 |
Quick 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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Getting Around Waterville, MN
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 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 Waterville Apartments
What is the Cheapest apartment in Waterville with 2 Bedroom?
Currently the most affordable 2 Bedroom in Waterville is at Town's Edge Place Apartments listed at $1,075.
How much is the average rent for a 2 Bedroom Waterville Apartment?
The average rent for a 2 Bedroom Apartment in Waterville is $1,619.
What is the largest available 2 Bedroom Waterville Apartment for rent?
Today's apartment with the most square footage in Waterville is a 1,437 square feet unit starting from $2,475 at ASCEND.
What is the average size for Waterville 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Waterville is currently 1,031 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 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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.