Cheap Apartments for Rent in the Crater Lake Neighborhood of Carter Lake, IA from $400 (41 Rentals)

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

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Lakeside Estates
Studio to 4 Bedroom Apartments

Lakeside Estates

3510 N 9th StCarter Lake, IA 51510
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1819 Pinkney St, Unit 1
$650
Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650
1 Bedroom Apartment Available Now

1819 Pinkney St, Unit 1

1819 Pinkney StOmaha, NE 68110
Cost Per Sq.Ft.
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property at 2561 Izard Ct

$975 - $1,100

1 To 2 Bedroom Rentals

Available Now

2561 Izard Ct

OmahaNE68131

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property at 2575 Irving Ct

$1,100 - $1,250

2 Bedroom Rentals

Available Now

2575 Irving Ct

OmahaNE68131

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Maple Leaf
1 Bedroom Apartments

Maple Leaf

2902 N 24th StOmaha, NE 68110
  • Utilities Included
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1001 N 29th St
1 to 2 Bedroom Apartments

1001 N 29th St

1001 N 29th StOmaha, NE 68131
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22 Floors
Studio to 1 Bedroom Apartments

22 Floors

1314 Mike Fahey StOmaha, NE 68102
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Northgate Apartments
1 to 4 Bedroom Apartments

Northgate Apartments

1222 N 31st StCouncil Bluffs, IA 51501
  • Utilities Included

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3633 Avenue A
2 to 3 Bedroom Apartments

3633 Avenue A

3633 Avenue ACouncil Bluffs, IA 51501
  • Utilities Included
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Twentieth Place
2 to 3 Bedroom Apartments

Twentieth Place

1825 N 20th StOmaha, NE 68110
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ViewHouse
1 to 2 Bedroom Apartments

ViewHouse

1111 N 27th StOmaha, NE 68131
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1415 @ The Yard
Studio to 2 Bedroom Apartments

1415 @ The Yard

1415 Cuming St NEOmaha, NE 68102

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.

Crater Lake, Carter Lake, IA Local Guide

Cheapest Available Crater Lake Apartments for Rent

 

The cheapest available apartment rental in the Crater Lake area of Carter Lake, IA is a 1 Bed unit found at Maple Second priced from $875. 9ines has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Crater Lake apartments for rent in Carter Lake, IA:

Apartment ListingModel NameBed/BathPriced From
Maple SecondOne Bed/One Bath | 1-11BR,1BA$875
9inesFlyball1BR,1BA$895
Featherstone ApartmentsOne Bedroom | One Bath1BR,1BA$900
Riverbend - Newly Renovated! Call today!One Bedroom1BR,1BA$930
22 FloorsShowcase1BR,1BA$980
Capitol Rows1 Bed / 1 Bath1BR,1BA$995
HELLOOla1BR,1BA$995
Dizzy MuleDripStudio,1BA$995
Nichol Flats1x1 B1BR,1BA$999

Best Value Apartments for Rent in Crater Lake, IA

As of June 18, 2026 the best value apartment in the Crater Lake area is the $1.52 price per square foot Pixie Model at TipTop Apartments in the in the Old Market neighborhood starting from $1,720. The second greatest value Crater Lake apartment is the 1819 Pinkney St Model at 1819 Pinkney St, Unit 1 starting at $650 with a $0.72 price per square foot in the Omaha View neighborhood. Here is today’s list of the best values for Crater Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
TipTop ApartmentsPixie2BR,2BA$1.52
1819 Pinkney St, Unit 11819 Pinkney St1BR,1BA$0.72
Nichol Flats1x1 A1BR,1BA$1.26
NoDoClark1BR,1BA$1.70
Riverbend - Newly Renovated! Call today!One Bedroom1BR,1BA$1.24
Featherstone ApartmentsOne Bedroom | One Bath1BR,1BA$1.33
The Capitol District ApartmentsCity Scape 1A21BR,1BA$1.69
22 FloorsShowcase1BR,1BA$1.47
Cottonwood Apartments1X1B1BR,1BA$1.35
Capitol Rows1 Bed / 1 Bath1BR,1BA$1.66

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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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.

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Pet Friendly Lifestyle
Crater Lake, Carter Lake, IA

Ranked #1

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Crater Lake Apartments

What is a cheap apartment in Crater Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Crater Lake is under $999.

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

The cheapest apartment in Crater Lake is Cottonwood Apartments which is listed at $845, while the average apartment in Crater Lake costs $1,855.

What types of apartments are the cheapest in Crater 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 71 regular apartments in Crater 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 Crater Lake?

Cheap apartments in Crater Lake have an average cost of $614 which is $1,241 cheaper than the average rent for all rentals in Crater 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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.