
2 Bedroom Apartments for Rent in Waterville, MN (64 Rentals)


Trails Edge Apartments LLC

Augusta Park Estates

Augusta Commons

Elmview II Apartments

West Lake Meadows

Riverchase Apartments

Coopers Court
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Total Monthly Price
Legacy Park Estates

Straight River Apartments, LLC

South Pointe Apartments

The Pearl

Midwest Flats

3131-3201 Noble Dr

Hillside Apartments

South Pointe II Apartments

Heritage Bluff Apartments LLC

111 Vine Apartments
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Dublin Road Townhomes

Total Monthly Price
Woodside Apartments

Town's Edge Place Apartments

Capital Lofts

Four Seasons Apartments

Park Plaza Apartments

Village Place Apartments

The Faribo Apartments

The Village Place Flats

RoK Lofts
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Fox Meadows Townhomes

Autumn Wind Townhomes

Park Village 1 and Park Village 2

Cardinal Creek Apartments

The Pointe @ Merchant Square

Pond View Heights Apartments

47 Wood Dr

109 Maple Dr

121 Lynn Ln

152 Lynn Ln
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

21 Wood Dr

121 Maple Dr

103 Maple Dr

122 Terri Ln

127 Laurinda Ln

101 Heather Ln

538 2nd St NW

103 Bardin Dr

155 Laurinda Ln

207 Spruce Ln
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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 | $1,096 | $950 | $1,215 |
| Waterville 1 Bedroom Apartments | $1,361 | $900 | $1,725 |
Waterville 2 Bedroom Apartments | $1,524 | $1,125 | $2,125 |
| Waterville 3 Bedroom Apartments | $1,549 | $1,299 | $2,095 |
Browse Top Apartments in Waterville
See all Apartments in WatervilleExplore Waterville
Waterville, MN Local Guide
- Nearby Cities
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- School Districts
Largest Available Waterville and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Waterville, MN is found at Pond View Heights Apartments in the City Center Mankato neighborhood and is 1,352 square feet priced from $2,125. Straight River Apartments, LLC in the Downtown Faribault neighborhood has the second largest 2 Bedroom, which is sized at 1,254 square feet and currently listed start at $1,835. Here is today’s list of the largest available 2 Bedroom units in Waterville:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Pond View Heights Apartments | G - Dual Master Bedrooms (now) | 1,352 Sq Ft | $2,125 |
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 1,254 Sq Ft | $1,835 |
| Fox Meadows Townhomes | Two Bed - Market | 1,232 Sq Ft | $1,650 |
| Autumn Wind Townhomes | Two Bedroom | 1,200 Sq Ft | $1,525 |
| Augusta Park Estates | D- 2 Bedroom / 2 Bathroom | 1,182 Sq Ft | $1,725 |
| Woodside Apartments | Clubhouse 2b/2ba | 1,100 Sq Ft | $1,540 |
| West Lake Meadows | 2 Bed 1 Bath Corner | 1,080 Sq Ft | $1,675 |
| Midwest Flats | 2 Beds, 2 Baths | 1,070 Sq Ft | $1,749 |
| Cardinal Creek Apartments | Two Bedroom | 945 Sq Ft | $1,500 |
Cheapest Available Waterville and Nearby 2 Bedroom Apartments
As of December 08, 2025 the lowest priced 2 Bedroom apartment unit in Waterville, MN is the 2 Bedroom Model starting from $1,125 at Village Place Apartments in the University neighborhood. The second most affordable Waterville 2 Bedroom is the 2 Bedroom Model at Town's Edge Place Apartments starting at $1,170 in the Downtown Faribault neighborhood. The average price for all 2 Bedroom apartments in Waterville is currently $1,524. Here is today’s list of the cheapest available 2 Bedroom options in Waterville:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Village Place Apartments | 2 Bedroom | $1,125 |
| Town's Edge Place Apartments | 2 Bedroom | $1,170 |
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | $1,200 |
| Park Village 1 and Park Village 2 | pkv114 2bd/1ba Upper | $1,220 |
| The Faribo Apartments | Two Bedroom A | $1,225 |
| Legacy Park Estates | Two Bedroom One Bathroom | $1,334 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | $1,345 |
| Midwest Flats | 2 Beds, 1 Baths | $1,349 |
| Straight River Apartments, LLC | 2 Bedroom 1 Bath | $1,350 |
| The Village Place Flats | Two bedroom | $1,400 |
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.
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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 Waterville, MN Rentals by Map
See the most popular apartments and homes in Waterville, MN
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 Village Place Apartments listed at $1,125.
How much is the average rent for a 2 Bedroom Waterville Apartment?
The average rent for a 2 Bedroom Apartment in Waterville is $1,524.
What is the largest available 2 Bedroom Waterville Apartment for rent?
Today's apartment with the most square footage in Waterville is a 1,352 square feet unit starting from $2,125 at Pond View Heights Apartments.
What is the average size for Waterville 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Waterville is currently 1,116 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.

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.

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.

