4123 Avenue C
Council BluffsIA51501
Cheap Homes for Rent in Crater Lake Neighborhood of Carter Lake, IA from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Crater Lake area of Carter Lake.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
3309 Ave I
Council BluffsIA51501
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.
5805 N 28th Ave
OmahaNE68111
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Crater Lake, Carter Lake, IA Local Guide
How much does it cost to rent a home in Crater Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Crater Lake 2 Bedroom Homes for Rent | $1,342 | $1,100 | $1,585 |
| Crater Lake 3 Bedroom Homes for Rent | $1,516 | $1,260 | $1,700 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Crater Lake Neighborhood of Carter Lake, IA.
Explore Carter Lake
Crater Lake, Carter Lake, IA Local Guide
- Nearby Carter Lake neighborhoods
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Best Value Apartments for Rent in Crater Lake, IA
As of May 07, 2026 the best value apartment in the Crater Lake area is the $1.22 price per square foot 3 Bed 2 Bath Single Section Model at Lakeside Estates in the in the Sherman neighborhood starting from $1,479. The second greatest value Crater Lake apartment is the City Scape 2C8 Model at The Capitol District Apartments starting at $1,865 with a $1.63 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Crater Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakeside Estates | 3 Bed 2 Bath Single Section | 3BR,2BA | $1.22 |
| The Capitol District Apartments | City Scape 2C8 | 2BR,2BA | $1.63 |
| Cottonwood Apartments | 2X1B | 2BR,1BA | $1.13 |
| 1819 Pinkney St, Unit 1 | 1819 Pinkney St | 1BR,1BA | $0.81 |
| River Park by Broadmoor | Rio Grande | 1BR,1BA | $1.48 |
| Nichol Flats | 1x1 A | 1BR,1BA | $1.26 |
| Riverbend - Newly Renovated! Call today! | One Bedroom | 1BR,1BA | $1.24 |
| Featherstone Apartments | One Bedroom | One Bath | 1BR,1BA | $1.33 |
| 22 Floors | Showcase | 1BR,1BA | $1.47 |
| Capitol Rows | 1 Bed / 1 Bath | 1BR,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.
Read Article
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.
Read ArticleQuick 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 LifestyleCrater Lake, Carter Lake, IA
Ranked #1
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Crater Lake, Carter Lake, IA
King Science/Tech Magnet Middle School
Omaha Public Schools
Public School - Grades K-8 (667)
2 out of 10
School data provided by Great Schools
Frequently Asked Questions about Crater Lake
What type of rentals are currently available in Crater Lake?
There are currently 106 Apartments for Rent in Crater Lake, IA with pricing that ranges from $649 to $3,380. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Crater Lake ranging from $1,100 to $1,850.
What is the current price range for Rental Homes in Crater Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Crater Lake ranges from $1,100 to $1,850 with an average monthly rent of $1,469.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.