Cheap Apartments for Rent in Carter Lake, IA from $400 (74 Rentals)

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Lakeside Estates
Studio to 4 Bedroom Apartments

Lakeside Estates

3510 N 9th StCarter Lake, IA 51510

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

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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property at 2563 Irving Ct

$925 - $1,095

1 To 2 Bedroom Rentals

Available Now

2563 Irving Ct

OmahaNE68131

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

$1,045 - $1,150

2 Bedroom Rentals

Available Now

2605 Izard Ct

OmahaNE68131
property at 2561 Izard Ct

$1,045 - $1,100

2 Bedroom Rentals

Available Now

2561 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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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.

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Carter Lake, IA Local Guide

Cheapest Neighborhoods for Apartments in Carter Lake, IA

Pricing Updated: 01/23/2026

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$1,602$639154

Cheapest Available Carter Lake Apartments for Rent

 

The cheapest available apartment rental in Carter Lake, IA is a Studio unit found at Westbrook Tower in the Old Market neighborhood priced from $685. Securities Downtown in the Old Market neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Carter Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westbrook TowerStudioStudio,1BA$685
Securities Downtown1BR/1.0BA1BR,1BA$750
Westwood Apartments2 BD2BR,1BA$785
Maple SecondOne Bed/One Bath | 1-11BR,1BA$800
Cottonwood Apartments1X1S1BR,1BA$825
L15 LoftsClassic1BR,1BA$826
Kensington Tower Apartments#3 Layout1BR,1BA$895
22 FloorsWrastler1BR,1BA$895
Capitol Rows1 Bed / 1 Bath1BR,1BA$897

Best Value Apartments for Rent in Carter Lake, IA

As of January 23, 2026 the best value apartment in the Carter Lake area is the $1.27 price per square foot Beehive Model at TipTop Apartments in the in the Old Market neighborhood starting from $1,702. The second greatest value Carter Lake apartment is the AC.2B.2B.B/P Model at The Brandeis starting at $1,650 with a $1.28 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.
TipTop ApartmentsBeehive2BR,2BA$1.27
The BrandeisAC.2B.2B.B/P2BR,2BA$1.28
Joslyn LoftDodge2BR,2BA$1.32
Skinner Macaroni LoftsTwo Bedroom2BR,1BA$1.14
L15 LoftsClassic1BR,1BA$0.72
Westwood Apartments2 BD2BR,1BA$0.75
Old Market Lofts1 Bedroom 1 Bathroom with Balcony, Patio1BR,1BA$1.05
1819 Pinkney St, Unit 11819 Pinkney St1BR,1BA$0.81
Lakeside Estates2 Bed 1 Bath Single Section2BR,1BA$1.28
Westbrook TowerStudioStudio ,1BA$1.25

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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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.

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

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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 $897.

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

The cheapest apartment in Carter Lake is Westbrook Tower which is listed at $735, while the average apartment in Carter Lake costs $1,602.

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 73 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 $766 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

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.