
2 Bedroom Apartments for Rent in Waterville, MN (62 Rentals)


West Court

Parkside

Heritage Bluff Apartments LLC

Trails Edge Apartments LLC

Total Monthly Price
Augusta Park Estates

Ohana Apartments

Total Monthly Price
Coopers Court

Total Monthly Price
Elmview Apartments

Total Monthly Price
West Lake Meadows
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Riverchase Apartments

Total Monthly Price
Pond View Heights Apartments

Straight River Apartments, LLC

Augusta Commons

South Pointe Apartments

Total Monthly Price
Legacy Park Estates

Hillside Apartments

Total Monthly Price
The Pearl

South Pointe II Apartments

Dublin Road Townhomes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

111 Vine Apartments

Total Monthly Price
Woodside Apartments

Town's Edge Place Apartments

Capital Lofts

Total Monthly Price
ASCEND

Four Seasons Apartments

Park Plaza Apartments

Village Place Apartments of Mankato

F and H Apartments

Total Monthly Price
The Faribo Apartments
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

BR Properties

Park Village Apartments

Total Monthly Price
RoK Lofts

Cardinal Creek Apartments

Village Place Flats

325 E Washington St

325.5 McKinley Ave

1738-1740 Colette Dr

501 1st St W

205 Janjo Dr
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.

235 Belgrade Ave

207 Spruce Ln

203 Spruce Ln

205 Partridge Path

113 Willow Cascades Trl

551 French Ln

201 Pilgrim St

Autumn Glen Townhomes

Creekside Townhomes

Northgate Townhomes
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.
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 | $1,190 | $1,000 | $1,315 |
| Waterville 1 Bedroom Apartments | $1,351 | $825 | $1,850 |
| Waterville 2 Bedroom Apartments | $1,528 | $875 | $2,830 |
| Waterville 3 Bedroom Apartments | $1,607 | $925 | $2,095 |
Browse Top Apartments in Waterville
See all Apartments in WatervilleExplore Waterville
Waterville, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Waterville and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Waterville, MN is found at Willow Cascades Townhomes in the University neighborhood and is 1,500 square feet priced from $1,850. ASCEND in the Downtown Owatonna neighborhood has the second largest 2 Bedroom, which is sized at 1,437 square feet and currently listed start at $2,630. Here is today’s list of the largest available 2 Bedroom units in Waterville:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Willow Cascades Townhomes | New-Willow Cascades Townhomes! | 1,500 Sq Ft | $1,850 |
| ASCEND | 2B Oak | 1,437 Sq Ft | $2,630 |
| Pond View Heights Apartments | F - (available now) | 1,290 Sq Ft | $2,025 |
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 1,254 Sq Ft | $1,875 |
| Woodside Apartments | Clubhouse 2b/2ba | 1,100 Sq Ft | $1,500 |
| Hillside Apartments | Two Bedroom One Bathroom | 1,042 Sq Ft | $1,440 |
| 111 Vine Apartments | 2 Bedroom 2 Bathroom | 1,027 Sq Ft | $1,525 |
| Park Plaza Apartments | 2B 1011 sq. ft. | 1,011 Sq Ft | $1,430 |
| West Lake Meadows | 2 Bed 1 Bath | 982 Sq Ft | $1,535 |
| Cardinal Creek Apartments | Two Bedroom | 945 Sq Ft | $1,500 |
Cheapest Available Waterville and Nearby 2 Bedroom Apartments
As of July 27, 2026 the lowest priced 2 Bedroom apartment unit in Waterville, MN is the 2 Beds, 1 bath Model starting from $875 at F and H Apartments . The second most affordable Waterville 2 Bedroom is the 2 Bedroom Model at Town's Edge Place Apartments starting at $1,189 in the Downtown Faribault neighborhood. The average price for all 2 Bedroom apartments in Waterville is currently $1,528. Here is today’s list of the cheapest available 2 Bedroom options in Waterville:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| F and H Apartments | 2 Beds, 1 bath | $875 |
| Town's Edge Place Apartments | 2 Bedroom | $1,189 |
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | $1,200 |
| Park Village Apartments | 2bd/1ba PV1 | $1,220 |
| Elmview Apartments | 2 BD/1 BA | $1,243 |
| The Faribo Apartments | Two Bedroom A | $1,244 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | $1,295 |
| Village Place Flats | 2 Bedroom | $1,350 |
| Woodside Apartments | Two Bedroom | $1,370 |
| Straight River Apartments, LLC | 2 Bedroom 1 Bath | $1,400 |
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
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 F and H Apartments listed at $875.
How much is the average rent for a 2 Bedroom Waterville Apartment?
The average rent for a 2 Bedroom Apartment in Waterville is $1,528.
What is the largest available 2 Bedroom Waterville Apartment for rent?
Today's apartment with the most square footage in Waterville is a 1,500 square feet unit starting from $1,850 at Willow Cascades Townhomes.
What is the average size for Waterville 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Waterville is currently 996 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.