
Cheap Apartments for Rent in Carter Lake, IA from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Carter Lake.


Westbrook Tower

Maple Second

Cottonwood Apartments

Skinner Macaroni Lofts

Dahlman Flats

Riverbend - Newly Renovated! Call today!
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.

3633 Avenue A

NoDo

Featherstone Apartments

901 N 35th St

The Duo
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.

The Bank

8 Street Apartments
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.
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.
Carter Lake, IA Local Guide

How much does it cost to rent an apartment in Carter Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Carter Lake Studio Apartments | $1,369 | $685 | $5,330 |
Carter Lake 1 Bedroom Apartments | $1,341 | $575 | $4,248 |
Carter Lake 2 Bedroom Apartments | $1,810 | $700 | $4,341 |
Carter Lake 3 Bedroom Apartments | $2,016 | $1,050 | $3,648 |
Carter Lake 4 Bedroom Apartments | $860 | $639 | $1,646 |
Browse Top Apartments in Carter Lake
See all Apartments in Carter LakeExplore Carter Lake
Carter Lake, IA Local Guide
- Carter Lake Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Carter Lake, IA
Pricing Updated: 07/24/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Crater Lake | $1,670 | $639 | 142 |
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 Westwood Apartments in the Old Market neighborhood priced from $575. Westbrook Tower in the Old Market neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here is today’s list of the most affordable Carter Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Westwood Apartments | Small | 1BR,1BA | $575 |
Westbrook Tower | 1 Bedroom | 1BR,1BA | $735 |
Maple Second | One Bed/One Bath | 1-1 | 1BR,1BA | $800 |
Cottonwood Apartments | 1X1B | 1BR,1BA | $830 |
Jones13 | Webster | Studio,1BA | $834 |
Dahlman Flats | 1311 S 9th St. Unit 201 | Studio,1BA | $875 |
Kensington Tower Apartments | #3 Layout | 1BR,1BA | $895 |
3633 Avenue A | 2 Bed 1 Bath | 2BR,1BA | $900 |
Featherstone Apartments | One Bedroom | One Bath | 1BR,1BA | $900 |
L15 Lofts | Vintage | Studio,1BA | $941 |
Best Value Apartments for Rent in Carter Lake, IA and Nearby
As of July 24, 2025 the best value apartment in the Carter Lake area is the $0.99 price per square foot One Bedroom with Den Model at Skinner Macaroni Lofts in the in the Old Market neighborhood starting from $1,396. The second greatest value Carter Lake apartment is the AC.2B.2B.B/P Model at The Brandeis starting at $1,650 with a $1.18 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Skinner Macaroni Lofts | One Bedroom with Den | 1BR,1BA | $0.99 |
The Brandeis | AC.2B.2B.B/P | 2BR,2BA | $1.18 |
Securities Downtown | 3BR/2.0BA | 3BR,2BA | $1.16 |
Nove Lofts | 2BR/2.0BA | 2BR,2BA | $1.33 |
L15 Lofts | Classic | 1BR,1BA | $0.90 |
Nichol Flats | 1x1 B | 1BR,1BA | $1.33 |
Featherstone Apartments | One Bedroom | One Bath | 1BR,1BA | $1.33 |
Westbrook Tower | 1 Bedroom | 1BR,1BA | $1.13 |
Cottonwood Apartments | 1X1B | 1BR,1BA | $1.33 |
Westwood Apartments | Small | 1BR,1BA | $1.00 |
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.
Pet Friendly LifestyleCarter Lake, IA
Ranked #11
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Carter Lake, IA Rentals by Map
See the most popular apartments and homes in Carter Lake, IA
Getting Around Carter Lake, IA
Walk Score®
32 / 100
Car-Dependent
Most errands require a car
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $941.
What is the price of a cheap apartment in Carter Lake?
The cheapest apartment in Carter Lake is Westwood Apartments which is listed at $575, while the average apartment in Carter Lake costs $1,670.
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 78 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 $865 which is $805 cheaper than the average rent for all rentals in Carter Lake.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.