2 Bedroom Apartments for Rent in Waterloo, IL (46 Rentals)

Covington Place Apartments

Miller Crossing Apartments & Villas

Avion Ridge

ReNew on Blues Apartments & Townhomes

Black Forest Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Patterson Place Apartments

Richardson Place Apartments

Canyon Creek

Village Royale

South Summit Apartments

Hunters Ridge STL

Grants Trail Apartments

Columbia Lakes Apartments

Stoney Pines Apartments

Bridgewater Apartments

Kingston Drive Apartments

Evergreen Manor

Tuscany Village Apartments

Lakewood Apartments

Oakbrook Gardens

Heatherbrook

115 Oak St

330 Atlas Dr

385 Kingston Dr

6401 Brookfield Ct Dr

415 10th St
Waterloo, IL Local Guide

How much does it cost to rent an apartment in Waterloo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterloo Studio Apartments | $833 | $695 | $1,011 |
Waterloo 1 Bedroom Apartments | $1,064 | $700 | $1,689 |
Waterloo 2 Bedroom Apartments | $1,292 | $790 | $2,159 |
Waterloo 3 Bedroom Apartments | $1,570 | $1,050 | $2,025 |
Browse Top Apartments in Waterloo
See all Apartments in WaterlooExplore Waterloo
Waterloo, IL Local Guide
- Waterloo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Waterloo and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Waterloo, IL is found at Lyon Apartments in the Mount Pleasant neighborhood and is 1,447 square feet priced from $1,500. West Village in the Derby City neighborhood has the second largest 2 Bedroom, which is sized at 1,150 square feet and currently listed start at $1,650. Here is today’s list of the largest available 2 Bedroom units in Waterloo:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Lyon Apartments | B2 | 1,447 Sq Ft | $1,500 |
West Village | 2 Bed 2 Bath | 1,150 Sq Ft | $1,650 |
Miller Crossing Apartments & Villas | 2 Bedroom | 1,100 Sq Ft | $1,832 |
Stoney Pines Apartments | 2 Bed 2 Bath | 1,100 Sq Ft | $1,650 |
Grants Trail Apartments | Classic Two Bedroom, One Bathroom | 1,080 Sq Ft | $1,100 |
ReNew on Blues Apartments & Townhomes | B2 | 1,080 Sq Ft | $1,575 |
ReNew Cross Creek | Seville | 1,066 Sq Ft | $1,399 |
Bridgewater Apartments | Standard First Floor | 1,050 Sq Ft | $1,125 |
Canyon Creek | Cascade | 1,030 Sq Ft | $1,280 |
Hunters Ridge STL | Aspen | 1,025 Sq Ft | $1,434 |
Cheapest Available Waterloo and Nearby 2 Bedroom Apartments
As of April 24, 2025 the lowest priced 2 Bedroom apartment unit in Waterloo, IL is the Cabernet Model starting from $900 at The Vineyards in the River Breeze Estates neighborhood. The second most affordable Waterloo 2 Bedroom is the 2 Bedroom and 1 Bathroom Model at Covington Place Apartments starting at $940 . The average price for all 2 Bedroom apartments in Waterloo is currently $1,292. Here is today’s list of the cheapest available 2 Bedroom options in Waterloo:
Apartment Listing | Model Name | Priced From |
---|---|---|
The Vineyards | Cabernet | $900 |
Covington Place Apartments | 2 Bedroom and 1 Bathroom | $940 |
Jefferson Townhomes | Two Bedroom Townhome | $985 |
Tuscany Village Apartments | 2 Bedroom 1 Bath | $995 |
Yorktowne Apartments | 2BR/1.0BA | $1,020 |
The Port Apartments | Two Bedroom Garden | $1,050 |
Richardson Place Apartments | C STYLE-2 BEDROOM, FIRST FLOOR | $1,058 |
Grants Trail Apartments | Classic Two Bedroom, One Bathroom | $1,100 |
Bridgewater Apartments | Standard Third Floor | $1,125 |
Lakewood Apartments | 2A | $1,150 |
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.
Best Local Schools in Waterloo, IL
Rogers Elementary School
Waterloo High School
Waterloo Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterloo, IL Rentals by Map
See the most popular apartments and homes in Waterloo, IL
Getting Around Waterloo, IL
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
32 / 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 Waterloo Apartments
How much is the average rent for a 2 Bedroom Waterloo Apartment?
The average rent for a 2 Bedroom Apartment in Waterloo is $1,292.
What is the largest available 2 Bedroom Waterloo Apartment for rent?
Today's apartment with the most square footage in Waterloo is a 1,447 square feet unit starting from $1,500 at Lyon Apartments.
What is the average size for Waterloo 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Waterloo is currently 958 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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.