Cheap Apartments for Rent near Carter Lake, IA from $575 (88 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
property at 2561 Izard Ct
$875 - $1,000
1 To 2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2561 Izard Ct

OmahaNE68131

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.

Read Article

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.

Read Article
close
View Me
The Brandeis
$1,004 - $2,654

Total Monthly Price

Base Rent$1,004 - $2,654
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Brandeis

210 S 16th StOmaha, NE 68102
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
property at 2575 Irving Ct
$1,050 - $1,095
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2575 Irving Ct

OmahaNE68131

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.

Read Article
Showing Results 1-50, Page 1 of 2

Carter Lake, IA Local Guide

Cheapest Neighborhoods for Apartments in Carter Lake, IA

Pricing Updated: 09/18/2026

Current apartment rentals in the Carter Lake, IA area range in price from $679 to $3,095 with an overall median price of $1,272. Here is today’s list neighborhoods with the lowest median pricing for Carter Lake Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Crater Lake$1,272$679286

Cheapest Available Carter Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Carter Lake, IA is a 1 Bed unit found at 10 N 31st in the Council Bluffs neighborhood priced from $725. Westbrook Tower in the Old Market neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $729. Here is today’s list of the most affordable Carter Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
10 N 31st1BR/1.0BA1BR, 1BA$725
Westbrook TowerStudioStudio, 1BA$729
The BankThe Franc1BR, 1BA$756
Skinner Macaroni LoftsStudioStudio, 1BA$757
Westwood Apartments2 BD2BR, 1BA$785
Dahlman Flats0 Bed, 1 Bath - 555 SFStudio, 1BA$799
The Carrara on FarnamST B 50%Studio, 1BA$845
Maple SecondOne Bed/One Bath | 1-11BR, 1BA$875
HELLOHeiStudio, 1BA$890
9inesHomerun1BR, 1BA$895

Best Value Apartments for Rent in Carter Lake, IA and Nearby

As of September 18, 2026 the best value apartment in the Carter Lake area is the $0.69 price per square foot Timeless Loft Model at L15 Lofts in the Old Market neighborhood starting from $1,180. The second greatest value Carter Lake apartment is the 2x2 B Model at Nichol Flats in the Old Market neighborhood starting at $1,625 with a $1.24 price per square foot. Here is today’s list of the best values for Carter Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
L15 LoftsTimeless Loft2BR, 1BA$0.69
Nichol Flats2x2 B2BR, 2BA$1.24
Joslyn LoftDodge2BR, 2BA$1.32
The BrandeisAC.2B.2B.G2BR, 2BA$1.11
Westwood Apartments2 BD2BR, 1BA$0.75
Cottonwood Apartments2X1B2BR, 1BA$1.09
Riverbend - Newly Renovated! Call today!One Bedroom1BR, 1BA$1.24
10 N 31st1BR/1.0BA1BR, 1BA$1.04
Chamber's Court1BR/1.0BA1BR, 1BA$1.30
Featherstone ApartmentsOne Bedroom | One Bath1BR, 1BA$1.33

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Carter Lake, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Carter Lake, IA

View Map
Carter Lake, IA Apartments Map
View Map
Carter Lake, IA Rental Homes Map

Frequently Asked Questions about Cheap Carter Lake Apartments

What is a cheap apartment in Carter Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Carter Lake is under $895.

What is the price of a cheap apartment in Carter Lake?

The cheapest apartment in Carter Lake is 10 N 31st which is listed at $725, while the average apartment in Carter Lake costs $1,272.

What types of apartments are the cheapest in Carter Lake?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 92 regular apartments in Carter Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Carter Lake?

Cheap apartments in Carter Lake have an average cost of $436 which is $836 cheaper than the average rent for all rentals in Carter Lake.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.