Cheap Apartments for Rent in Carter Lake, IA from $400 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in Carter Lake.

Westwood Apartments

Westbrook Tower

Skinner Macaroni Lofts

Maple Second

Cottonwood Apartments

Kensington Tower Apartments
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.

Riverbend - Newly Renovated! Call today!

The Bank

3633 Avenue A

Featherstone Apartments

901 N 35th St

The Duo

8 Street Apartments

The Carrara on Farnam
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.

2573 Izard Ct

Capitol Rows

Orpheum Tower

Nichol Flats

Old Market Lofts

The Wire

River Park by Broadmoor
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.

Securities Downtown

TreeHouse

Breakers Omaha

2557 Nicholas Ct

2575 Irving Ct

Brickline at The Mercantile

The Rochester Apartments
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.

Limelight at Sixteenth

The Capitol District Apartments

The Riley - 1012 Douglas St

3125 9th Ave
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.
Carter Lake, IA Local Guide

How much does it cost to rent an apartment in Carter Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Carter Lake Studio Apartments | $1,275 | $685 | $4,434 |
Cheap Carter Lake 1 Bedroom Apartments | $1,308 | $575 | $3,327 |
Cheap Carter Lake 2 Bedroom Apartments | $1,809 | $700 | $3,763 |
Cheap Carter Lake 3 Bedroom Apartments | $2,034 | $1,050 | $3,972 |
Cheap Carter Lake 4 Bedroom Apartments | $1,602 | $639 | $2,596 |
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: 09/09/2025Current 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 | $1,700 | $639 | 157 |
Cheapest Available Carter Lake Apartments for Rent
 The cheapest available apartment rental in Carter Lake, IA is a 2 Beds unit found at Westwood Apartments in the Old Market neighborhood priced from $700. 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 | 2 BD | 2BR,1BA | $700 |
Westbrook Tower | 1 Bedroom | 1BR,1BA | $735 |
Maple Second | One Bed/One Bath | 1-1 | 1BR,1BA | $800 |
Skinner Macaroni Lofts | Studio | Studio,1BA | $809 |
Cottonwood Apartments | 1X1B | 1BR,1BA | $830 |
Jones13 | Platte | Studio,1BA | $831 |
Kensington Tower Apartments | GROUND LEVEL STUDIO | Studio,1BA | $845 |
Dahlman Flats | 1319 S 9th St. Unit 305 | Studio,1BA | $855 |
L14 Flats | Trendy | 1BR,1BA | $867 |
The Bank | The Franc | 1BR,1BA | $887 |
Best Value Apartments for Rent in Carter Lake, IA
As of September 09, 2025 the best value apartment in the Carter Lake area is the $1.18 price per square foot AC.2B.2B.B/P Model at The Brandeis in the in the Old Market neighborhood starting from $1,650. The second greatest value Carter Lake apartment is the 2BR/2.0BA Model at Nove Lofts starting at $1,450 with a $1.07 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. |
---|---|---|---|
The Brandeis | AC.2B.2B.B/P | 2BR,2BA | $1.18 |
Nove Lofts | 2BR/2.0BA | 2BR,2BA | $1.07 |
Nichol Flats | 2x2 B | 2BR,2BA | $1.14 |
L15 Lofts | Classic | 1BR,1BA | $0.84 |
Westwood Apartments | 2 BD | 2BR,1BA | $0.67 |
Featherstone Apartments | One Bedroom | One Bath | 1BR,1BA | $1.33 |
L14 Flats | Trendy | 1BR,1BA | $1.30 |
Westbrook Tower | 1 Bedroom | 1BR,1BA | $1.13 |
Cottonwood Apartments | 1X1B | 1BR,1BA | $1.33 |
Skinner Macaroni Lofts | Studio | Studio ,1BA | $1.51 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleCarter Lake, IA
Ranked #17
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 $887.
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 $1,700.
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 85 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 $989 which is $711 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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.

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.

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.