




- Income Restrictions
- Studio–3 Bedrooms
- $652-$1,090 Pricing
- 312–1,732 Square Feet
About Russell Lamson
Welcome to Russell Lamson Apartments. We have a lot to offer for anyone interested in moving to the downtown Waterloo area. Within walking distance from the building are the public library, Co-op, farmer's market, Community Playhouse, Youth Pavillion, biking and walking trails, a variety of eateries and more. Inside our doors the old and the new are seamlessly paired to create a living environment you will have to see to believe. All of our 90 apartments have been renovated with new carpet, flooring, cabinets, full-size appliances, and more. Please call for an appointment today.
Russell Lamson is located in the Downtown Waterloo Neighborhood and 50701 Zip code of Waterloo, IA. This community is professionally managed by Sherman Associates, Inc.
Property Contact Info

- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (319) 348-1599
- Disclaimer:
Office Hours
| Monday | 8:00 am–5:00 pm |
| Tuesday | 8:00 am–5:00 pm |
| Wednesday | 8:00 am–5:00 pm |
| Thursday | 8:00 am–5:00 pm |
| Friday | 8:00 am–5:00 pm |
| Saturday | Closed |
| Sunday | Closed |
Floorplan Pricing and Availability
Russell Lamson offers Studio to 3 Bedroom apartments starting from $652 and having 312–1,732 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
Studio
Studio, 1 Bath, 312 sq ftAvailable SoonModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $652 Available Soon Studio 312 sq ft $500 Model Amenities and Features
Features
- Air Conditioning
- Cable Ready
- Heating
- Security System
- Tub/Shower
Kitchen
- Kitchen
- Range
Living Space
- Carpet
- Vinyl Flooring
- Walk-In Closets
- Window Coverings
Model Rent and Fees
Model Price
- $652
Deposit
- $500 deposit
Apartment Model: Studio$652Studio, 1 Bath, 312 sq ftAvailable Soon![]()
Studio - Floorplan 1 Bedroom
1 Bedroom
$761
1 Bed, 1 Bath, 497-606 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $761 Available Now 316 556 $761 Available Now 413 606 $761 October 6, 2026 304 504 Model Amenities and Features
Features
- Air Conditioning
- Cable Ready
- Heating
- Security System
- Tub/Shower
Kitchen
- Kitchen
- Range
Living Space
- Carpet
- Vinyl Flooring
- Walk-In Closets
- Window Coverings
Model Rent and Fees
Model Price
- $761
Deposit
- $500 deposit
Unit 316 Amenities and Features
Features
- Air Conditioning
- Cable Ready
- Heating
- Security System
- Tub/Shower
Kitchen
- Kitchen
- Range
Living Space
- Carpet
- Vinyl Flooring
- Walk-In Closets
- Window Coverings
Unit 316 Rent and Fees
Unit Price
- $761
Deposit
- $500 deposit
Model Rent and Fees
Price
- $761
Unit 413 Amenities and Features
Features
- Air Conditioning
- Cable Ready
- Heating
- Security System
- Tub/Shower
Kitchen
- Kitchen
- Range
Living Space
- Carpet
- Vinyl Flooring
- Walk-In Closets
- Window Coverings
Unit 413 Rent and Fees
Unit Price
- $761
Deposit
- $500 deposit
Model Rent and Fees
Price
- $761
Unit 304 Rent and Fees
Unit Price
- $761
Deposit
- $500 deposit
Model Rent and Fees
Price
- $761
Apartment Model: 1 BedroomFrom $7611 Bedroom, 1 Bath, 497-606 sq ftAvailable Now![]()
1 Bedroom - Floorplan Apartment Unit: 316Apartment Model: 1 Bedroom$7611 Bedroom, 1 Bath, 556 sq ftAvailable NowApartment Unit: 413Apartment Model: 1 Bedroom$7611 Bedroom, 1 Bath, 606 sq ftAvailable NowApartment Unit: 304Apartment Model: 1 Bedroom$7611 Bedroom, 1 Bath, 504 sq ftAvailable October 6, 20262 Bedrooms
2 Bedroom
2 Beds, 1 Bath, 1200 sq ftAvailable SoonModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $945 Available Soon 2 Bedroom 1200 sq ft $500 Model Amenities and Features
Features
- Air Conditioning
- Cable Ready
- Heating
- Security System
- Storage Space
- Tub/Shower
Kitchen
- Dishwasher
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Model Rent and Fees
Model Price
- $945
Deposit
- $500 deposit
Apartment Model: 2 Bedroom$9452 Bedroom, 1 Bath, 1200 sq ftAvailable Soon![]()
2 Bedroom - Floorplan 3 Bedrooms
3 Bedroom
3 Beds, 2 Baths, 1732 sq ftAvailable SoonModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,090 Available Soon 3 Bedroom 1732 sq ft $500 Model Amenities and Features
Features
- Air Conditioning
- Cable Ready
- Heating
- Security System
- Tub/Shower
Kitchen
- Kitchen
- Range
Living Space
- Carpet
- Vinyl Flooring
- Walk-In Closets
- Window Coverings
Model Rent and Fees
Model Price
- $1,090
Deposit
- $500 deposit
Apartment Model: 3 Bedroom$1,0903 Bedroom, 2 Bath, 1732 sq ftAvailable Soon![]()
3 Bedroom - Floorplan
Schedule a Tour
3D Tours
Property Information
- 90 Units
- 8 Stories
- Built in 1913
Income Restrictions At Russell Lamson
Income restrictions apply to some or all residents. Contact the community for more information.
| # Persons | 60% Income Limit |
|---|---|
| 1 | $36,900 |
| 2 | $42,180 |
| 3 | $47,460 |
| 4 | $52,680 |
| 5 | $56,940 |
| 6 | $61,140 |
To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.
Lease Terms
- 3 - 12 mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$25.00
Other Fees and Policies
Pet Fees
- Cat
- One-Time Pet FeeiMax of 2. Charged Per Pet.$300-$600
- Monthly Pet FeeiMax of 2. Charged Per Pet.$50.00
Please call our Leasing Office for complete Pet Policy information.
Parking Fees
- Other
- Parking DepositiCharged Per Vehicle.$0.00
- Parking FeeiCharged Per Vehicle.$31.50/mo
- Street
Please call us regarding our Parking Policy.
Additional Parking Options
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
Unique Amenities
- 24hr. Business center
- Community gas grill/BBQ area
- Concierge services
- Controlled building access
- Dishwasher In 2 And 3-Bedroom Apartments
On-Site Services
- Maintenance On Site
- Package Service
- Property Manager On Site
- Concierge
- Laundry Facilities
Community Features
- Business Center
- Elevator
Outdoor Features
- Grill
- Controlled Access
Recreation and Fitness
- Fitness Center
Interior Features
- Storage Space
- Security System
- Tub/Shower
- Heating
- Cable Ready
- Air Conditioning
Kitchen Amenities
- Dishwasher
- Microwave
- Oven
- Kitchen
- Range
- Refrigerator
Living Area Features
- Walk In Closets
- Vinyl Flooring
- Carpet
- Window Coverings

Map
- Shopping
- Colleges
- Grocery
- Medical

Map
Getting Around
50 / 100 Fairly walkable
30 / 100 Limited public transit
70 / 100 Moderately bikeable
70 / 100 Moderately car friendly
Getting to Know the Area
70 / 100 Restaurants
30 / 100 Cafes
80 / 100 Nightlife
70 / 100 Shopping
90 / 100 Noise Level
Frequently Asked Questions about Russell Lamson
Where is Russell Lamson located?
Russell Lamson is located at 209 W 5th St near the Downtown Waterloo area of Waterloo, IA
What is the current rent range at Russell Lamson?
Studio to 3 Bedroom Apartments at Russell Lamson currently range from $652 to $1,090
When is the leasing office open?
- The office Hours for Russell Lamson are
- Monday 8:00 am–5:00 pm
- Tuesday 8:00 am–5:00 pm
- Wednesday 8:00 am–5:00 pm
- Thursday 8:00 am–5:00 pm
- Friday 8:00 am–5:00 pm
- Saturday Closed
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Renters Reviews and Ratings
Studio
Property Manager Responded
Don't live here
An Ideal Apartment Home
The Lamson Buillding
russlle lamson
Low Budget apartments
Very nice apartment building with all the extras!
No answer when calling!
Nearby Schools
West High School
Bunger Middle School
Lowell Elementary School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Russell Lamson.
Big Box and Retail
Target
Petco
Menards
Colleges and Universities
Groceries
Hy-Vee
Aldi
Hospitals
Shopping Centers
Russell Lamson has 5 shopping centers within 2.0 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Studio Apartments | $1,037 | $600 | $1,450 |
| Waterloo 1 Bedroom Apartments | $981 | $135 | $1,915 |
| Waterloo 2 Bedroom Apartments | $1,193 | $600 | $2,500 |
| Waterloo 3 Bedroom Apartments | $1,434 | $800 | $1,950 |
| Waterloo 4 Bedroom Apartments | $1,744 | $1,100 | $2,400 |
| 2 Bedroom Homes | $986 | $680 | $2,000 |
| 3 Bedroom Homes | $1,217 | $795 | $2,100 |
| 4 Bedroom Homes | $1,673 | $900 | $2,700 |
| 5 Bedroom Homes | $1,912 | $1,250 | $2,800 |
Browse Top Apartments in Waterloo
By Price
- Cheap Waterloo Apartments
- Waterloo Apartments Under $600
- Waterloo Apartments Under $700
- Waterloo Apartments Under $800
- Waterloo Apartments Under $900
- Waterloo Apartments Under $1000
- Waterloo Apartments Under $1200
- Waterloo Apartments Under $1500
- Waterloo Apartments Under $2000
- Waterloo Luxury Apartments
By Community Type
- Waterloo Apartments for Rent by Owner
- Waterloo Apartments with Rent Specials
- Waterloo Top Rated Apartments
- Waterloo Corporate Apartments
- Waterloo Furnished Apartments
- Waterloo Gated Apartments
- Waterloo Loft Apartments
- Waterloo Low Income Apartments
- New Waterloo Apartments
- Waterloo Senior Apartments
- Waterloo Short-term Apartments
- Waterloo Student Apartments
- Waterloo Apartments with Utilities Included





Max of 2.