Cheap Apartments for Rent in Carpenter, IA from $400 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in Carpenter.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Carpenter, IA Local Guide

Cheapest Available Carpenter Apartments for Rent and Nearby

 

The cheapest available apartment rental in Carpenter, IA is a Studio unit found at Shalom Tower II priced from $405. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Carpenter apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shalom Tower IITower I EfficiencyStudio,1BA$405
Key ApartmentsEfficiencyStudio,1BA$450
City Center Kent ApartmentsStudio1BR,1BA$495
18 S Adams AveOne Bedroom1BR,1BA$525
Key West ApartmentsStudioStudio,1BA$550

Best Value Apartments for Rent in Carpenter, IA and Nearby

As of August 30, 2025 the best value apartment in the Carpenter area is the $1.36 price per square foot 2 Bedroom w/ Den Model at Skye Lofts Apartments in the starting from $1,900. The second greatest value Carpenter apartment is the 3 Bedroom 1.5 Bathrooms Model at Pebble Creek Apartments starting at $1,150 with a $1.03 price per square foot . Here is today’s list of the best values for Carpenter apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Skye Lofts Apartments2 Bedroom w/ Den2BR,1BA$1.36
Pebble Creek Apartments3 Bedroom 1.5 Bathrooms3BR,1.5BA$1.03
Kodiak ApartmentsThree Bedroom Two Bath - 1078 Sq.Ft3BR,2BA$1.41
Lincoln Apartments LLCApt. 282BR,1BA$1.23
Meadow Lake of Clear Lake Apartments2 Bedroom 1.5 Bathroom2BR,1.5BA$1.03
City Center Kent Apartments1 Bedroom1BR,1BA$0.74
Shalom Tower IITower II - One Bedroom1BR,1BA$0.70
Webster ApartmentsApt. 102BR,1BA$1.37
Northern Place Apartments1 Bed, 1 bath1BR,1BA$1.41
18 S Adams AveOne Bedroom1BR,1BA$0.95

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Carpenter Apartments

What is the Cheapest Studio apartment in Carpenter?

Currently the most affordable Cheap Studio Apartment in Carpenter is at Shalom Tower II listed at $405.

How much is rent for a Cheap One Bedroom Carpenter Apartment?

The lowest price for a Cheap One Bedroom Carpenter Apartment is $495 at City Center Kent Apartments.

What is the lowest price for a Cheap Two Bedroom Carpenter Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Carpenter is starting from $855 at Meadow Lake of Clear Lake Apartments.

What is the most affordable Carpenter Three Bedroom Apartment?

The best deal on a cheap Carpenter Three Bedroom Apartment rental is at Northern Place Apartments and starts from $1,125.

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.