Cheap Apartments for Rent in Carter Lake, IA from $400 (79 Rentals)

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

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.

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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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The Brandeis
$1,004 - $2,504
Total Monthly Price

Total Monthly Price

Base Rent
$1,004 - $2,504
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

The Brandeis

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 2605 Izard Ct

$1,100 - $1,250

2 Bedroom Rentals

Available Now

2605 Izard Ct

OmahaNE68131

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Carter Lake, IA Local Guide

Cheapest Neighborhoods for Apartments in Carter Lake, IA

Pricing Updated: 04/23/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Crater Lake$1,935$615179

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 Westbrook Tower in the Old Market neighborhood priced from $769. Westwood Apartments in the Old Market neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $785. Here is today’s list of the most affordable Carter Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westbrook Tower1 Bedroom1BR,1BA$769
Westwood Apartments2 BD2BR,1BA$785
The Carrara on FarnamST B 50%Studio,1BA$805
The DuoNuggetStudio,1BA$860
Maple SecondOne Bed/One Bath | 1-11BR,1BA$875
Dahlman Flats1 Bed, 1 Bath - 556 SF1BR,1BA$891
Kensington Tower Apartments#3 Layout1BR,1BA$895
NoDoBillyStudio,1BA$900
3633 Avenue A2 Bed 1 Bath2BR,1BA$900

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

As of April 23, 2026 the best value apartment in the Carter Lake area is the $1.32 price per square foot AC.2B.2B.B/P Model at The Brandeis in the in the Old Market neighborhood starting from $1,704. The second greatest value Carter Lake apartment is the Dodge Model at Joslyn Loft starting at $1,625 with a $1.32 price per square foot in the Old Market neighborhood. 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.
The BrandeisAC.2B.2B.B/P2BR,2BA$1.32
Joslyn LoftDodge2BR,2BA$1.32
Westwood Apartments2 BD2BR,1BA$0.75
L14 FlatsGallery2BR,2BA$1.28
Cottonwood Apartments2X1S2BR,1BA$1.07
1819 Pinkney St, Unit 11819 Pinkney St1BR,1BA$0.81
Nichol Flats1x1 A1BR,1BA$1.33
Riverbend - Newly Renovated! Call today!One Bedroom1BR,1BA$1.24
Featherstone ApartmentsOne Bedroom | One Bath1BR,1BA$1.33
Westbrook Tower1 Bedroom1BR,1BA$1.18

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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

Explore Carter Lake, IA Rentals by Map

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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 $900.

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

The cheapest apartment in Carter Lake is Westbrook Tower which is listed at $769, while the average apartment in Carter Lake costs $1,935.

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 75 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 $778 which is $1,157 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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.