32 Photos2 3D Tours
- Income Restrictions
- Studio–3 Bedrooms
- $695-$1,145 Pricing
- 396–1,323 Square Feet
About Russell Lamson
The past and present live harmoniously together in the magnificently restored Russell Lamson Hotel. Here you can enjoy relaxing scenic river views and walk to downtown shopping, restaurants & entertainment. The new and completely renovated 8-story Russell Lamson building offers luxury living at a truly affordable price. Our community consists of 90 remodeled apartment homes, each of which has been equipped with new kitchen cabinets, flooring and appliances. Units include a dishwasher and individually-controlled center heating and cooling systems. Heat, cooling, water and trash removal are included in your rent. We offer a full list of resident amenities including an exercise facility, media learning center, laundry facilities, controlled entrance and a professional on-site management team. Become a part of the vibrant Russell Lamson community today! Income restrictions apply - Full Time Student restrictions may apply.
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 | By Appointment |
| Sunday | Closed |
Floorplan Pricing and Availability
Russell Lamson offers Studio to 3 Bedroom apartments starting from $695 and having 396–1,323 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >Studio
Studio
$695
Studio, 1 Bath, 396-404 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $695 Available Now Studio 396-404 sq ft 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
- $695
1 Bedroom
One Bedroom
$825
1 Bed, 1 Bath, 478-601 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $825 Available Now One Bedroom 478-601 sq ft 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
- $825
2 Bedrooms
Two Bedroom
$1,055
2 Beds, 1 Bath, 1249-1323 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $1,055 Available Now Two Bedroom 1249-1323 sq ft 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
- $1,055
Two Bedroom
$1,055
2 Beds, 2 Baths, 800 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $1,055 Available Now Two Bedroom 800 sq ft Model Amenities and Features
Features
- Air Conditioning
- Cable Ready
- Heating
- Security System
- Tub/Shower
Kitchen
- Kitchen
- Microwave
- Range
Living Space
- Carpet
- Vinyl Flooring
- Walk-In Closets
- Window Coverings
Model Rent and Fees
Model Price
- $1,055
3 Bedrooms
Three Bedroom
3 Beds, 2 Baths, 1323 sq ftAvailability Details
Price Availability Date Unit Sq Ft $1,145 Call for Availability Three Bedroom 1323 sq ft 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
- $1,145
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
Schedule a Tour
Call us at: (319) 348-1599 to request a tour.
3D Tours
2BR, 2BA - 1,006 SF
1BR, 1BA - 815 SF
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
- 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
Pet Policy and Fees
Cats
- 2 Pet Limit
Deposit is $300
Parking Info and Fees
- Street
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
- Dishwasher In 2 And 3-Bedroom Apartments
On-Site Services
- Property Manager On Site
- Maintenance On Site
- Package Service
- Laundry Facilities
Community Features
- Business Center
- Elevator
Outdoor Features
- Controlled Access
Recreation and Fitness
- Fitness Center
Interior Features
- Storage Space
- Security System
- Heating
- Tub/Shower
- Cable Ready
- Air Conditioning
Kitchen Amenities
- Kitchen
- Refrigerator
- Range
- Microwave
- Dishwasher
- Oven
Living Area Features
- Walk In Closets
- Carpet
- Vinyl Flooring
- Window Coverings
Map
209 W 5th St, Waterloo, IA 50701
- 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
Scores provided by 
details
detailsGetting to Know the Area
70 / 100 Restaurants
30 / 100 Cafes
80 / 100 Nightlife
60 / 100 Shopping
90 / 100 Noise Level
Scores provided by
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 $695 to $1,055
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 By Appointment
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Renters Reviews and Ratings
Just dont!
April 10, 2023 - Review from Apartments.com
drugs and smoking constantly, then they ACT LIKE ITS YOU ! THIS PLACE IS NOT NICE to people that are actually trying to go by the rules they post!!!!!!
Studio
March 8, 2022 - Review from Apartments.com
Love my home and the landlord and maintenance guy are super friendly and always puts a smile on my face definitely staying here for years to come!!!
Property Manager Responded
March 14, 2022
Thank you for posting your positive review. Our team is committed to providing high-quality customer service, and we’re thrilled to hear that we made a good impression on you. We are so glad to have you as part of our community and thank you for choosing Russell Lamson!
Don't live here
June 27, 2016 - Review from Apartments.com
The landlord is a lying dog you will not get your lease do not waste your money you will have to pay $35 extra a month to park in the garage you get ripped off its more rent than it says they don't fix your stuff no matter how much you ask it's more hilarious than anything how immature the people that work here are I've asked a million times for a copy of my lease and for my dishwasher to get fixed in my AC because they're conditioner here is garbage not to mention the pot smell in the hallway ...
and the crime going on around here loud music trains sirens things going on right outside the building but landlord is too lazy to do anything about it so she said it's not her job well news flash it is her job she wont do anything do not waste your money here I wish I can get my money back and get free of the remaining months of my lease they will screw you over don't waste your money can't stress that enough
Read More
An Ideal Apartment Home
September 18, 2015 - Review from Apartments.com
The apartments are gorgeous and the views to downtown and the riverfront are stunningly beautiful year round. Management is professional and prompt with business issues, maintenance handles service calls within 24-48hrs, and the janitor does an excellent job at keeping the building well groomed, inside and out. This is not just another downtown property, it's a home.
I'd recommend this property to even the pickiest of renters!
Apt. 410
The Lamson Buillding
July 28, 2015 - Review from Apartments.com
I live in a building were everything is convenient from going down stairs to the resturant to have drinks with your friends or even order food when your feeling lazy in don't feel like cooking. Feeling Out of shape? Well there's a work out room open 24 hours. Need computer access but don't have a laptop or don't even feel like being bother at the library? There's also a computer room. You know how some apartments have 2 Dryers and 2 washers? Not the Lamson building they have plenty. The people ...
here are also friendly stay giving in welling to help sometimes I feel like our Building is one big family. Hmmmmm Something like The Lamson Family.
Read More
russlle lamson
May 13, 2014 - Review from Apartments.com
i havent moved in but i love the service their people wereso nice and gave tons of smiles thought i didnt like how loud it was over all it was good
Low Budget apartments
August 1, 2014 - Review from Apartments.com
I was not told when signing my lease that this was a totally non smoking building. After I had moved in is when I was told to sign about it. I was not happy since I am a smoker. You have to go outside to smoke and then have to listen to the business's in the building complain about it and the guy who owns one of the business's is even a smoker. As far as the apts. they are very nice and worth the money since you do have computers and a gym to use. The parking garage is kind of nice since you ...
never have to remove snow. They do have a hard time keeping a maintenance person on staff. You do have a lot of special needs and senior renters.
Read More
Very nice apartment building with all the extras!
March 25, 2013 - Review from Apartments.com
I loved, loved, loved this apartment! Unfortunately I did not qualify as I make a little more than 30 thousand a year. The building has been decorated nicely with beautiful rooms within. Each apartment we looked at was not a "cookie cutter" of each other and it would have been easy to find one that would have fit our needs. Bonus were the extras in the computer room, the lounge, the huge room with many washers and dryers, and especially the storage units in basement at no charge to the renter. I ...
would only say that parking would have been a problem. It would be a perfect place for someone looking for an "urban" setting with bus service convenient to them.
Read More
No answer when calling!
March 27, 2014 - Review from Apartments.com
Really shady customer service, No One called me back when I was inquiring about the apartments!!!
Nearby Schools
West High School
Waterloo Community School District
425 East Ridgeway Avenue
Public School - Grades 9-12 (1652 Students)
In Attendance Zone5 minute drive / 1.7 miles away
Bunger Middle School
Waterloo Community School District
157 South Roosevelt Road
Public School - Grades 6-8 (449 Students)
In Attendance Zone7 minute drive / 3.6 miles away
Lowell Elementary School
Waterloo Community School District
1628 Washington Street
Public School - Grades PK-5 (568 Students)
In Attendance Zone2 minute drive / 0.7 miles away
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.
About GreatSchools Data on ApartmentHomeLiving.com.
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Russell Lamson.
Big Box and Retail
Target
1501 E San Marnan Dr
5 minute drive / 1.79 miles away
Petco
1237 Flammang Dr
4 minute drive / 2.0 miles away
Menards
1051 E San Marnan Dr
4 minute drive / 2.09 miles away
Colleges and Universities
Groceries
Hy-Vee
1422 Flammang Dr
4 minute drive / 2.27 miles away
Aldi
315 Brandilynn Blvd
11 minute drive / 5.22 miles away
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 | $1,089 | $600 | $1,450 |
| Waterloo 1 Bedroom Apartments | $1,113 | $420 | $1,800 |
| Waterloo 2 Bedroom Apartments | $1,352 | $600 | $2,200 |
| Waterloo 3 Bedroom Apartments | $1,437 | $875 | $1,950 |
| Waterloo 4 Bedroom Apartments | $1,878 | $1,400 | $2,400 |
| 2 Bedroom Homes | $1,005 | $650 | $2,000 |
| 3 Bedroom Homes | $1,294 | $775 | $2,290 |
| 4 Bedroom Homes | $1,672 | $975 | $2,700 |
| 5 Bedroom Homes | $1,941 | $1,500 | $2,800 |
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Viewing: Russell Lamson | Desktop Version | Listing Updated: 07/21/2026 | AHLPLA
Property Manager Responded