Cheap Apartments for Rent in the Crater Lake Neighborhood of Carter Lake, IA from $400 (36 Rentals)

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

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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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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Maple Leaf
1 Bedroom Apartments

Maple Leaf

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

1001 N 29th St

1001 N 29th StOmaha, NE 68131
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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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ViewHouse
1 to 2 Bedroom Apartments

ViewHouse

1111 N 27th StOmaha, NE 68131
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Twentieth Place
3 Bedroom Apartments

Twentieth Place

1825 N 20th StOmaha, NE 68110

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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22 Floors
1 Bedroom Apartments

22 Floors

1314 Mike Fahey StOmaha, NE 68102
Showing Results 1-36, Page 1 of 1

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 $800. 3633 Avenue A has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. 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$800
3633 Avenue A2 Bed 1 Bath2BR,1BA$850
Cottonwood Apartments1X1B1BR,1BA$930
Featherstone ApartmentsOne Bedroom | One Bath1BR,1BA$945
9inesBaserunner1BR,1BA$950
Muse OmahaThe CJStudio,1BA$950
22 FloorsFlash1BR,1BA$980
The DuoMatch1BR,1BA$995
Dizzy MuleDripStudio,1BA$995

Best Value Apartments for Rent in Crater Lake, IA

As of June 16, 2025 the best value apartment in the Crater Lake area is the $1.41 price per square foot The Bookbinder Model at The Rochester Apartments in the in the Old Market neighborhood starting from $1,615. The second greatest value Crater Lake apartment is the 2 Bed 2 Bath Single Section Model at Lakeside Estates starting at $1,349 with a $1.41 price per square foot in the Sherman 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.
The Rochester ApartmentsThe Bookbinder2BR,2BA$1.41
Lakeside Estates2 Bed 2 Bath Single Section2BR,2BA$1.41
River Park by BroadmoorNiobrara1BR,1BA$1.63
TipTop ApartmentsEasy1BR,1BA$1.62
NoDoBob1BR,1BA$1.70
1819 Pinkney St, Unit 31819 Pinkney St1BR,1BA$0.92
Featherstone ApartmentsOne Bedroom | One Bath1BR,1BA$1.40
Cottonwood Apartments1X1B1BR,1BA$1.49
22 FloorsFlash1BR,1BA$1.58
Maple SecondOne Bed/One Bath | 1-11BR,1BA$1.60

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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Pet Friendly Lifestyle
Crater Lake, Carter Lake, IA

Ranked #1

Among neighborhoods in Carter Lake, IA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Crater Lake, Carter Lake, IA

School data provided by Great Schools

Getting Around the Crater Lake Neighborhood in 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 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 $995.

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

The cheapest apartment in Crater Lake is Maple Second which is listed at $800, while the average apartment in Crater Lake costs $1,920.

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 126 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 $1,434 which is $486 cheaper than the average rent for all rentals in Crater 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.

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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.

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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.

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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.

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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.