Cheap Homes for Rent in Carter Lake, IA from $700 (8 Rentals)

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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.

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.

Carter Lake, IA Local Guide

Cheapest Neighborhoods for Apartments in Carter Lake, IA

Pricing Updated: 09/10/2025

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$1,722$639146

Cheapest Available Carter Lake Apartments for Rent and Nearby

 

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 ListingModel NameBed/BathPriced From
Westwood Apartments2 BD2BR,1BA$700
Westbrook Tower1 Bedroom1BR,1BA$735
Skinner Macaroni LoftsStudioStudio,1BA$783

Best Value Apartments for Rent in Carter Lake, IA and Nearby

As of September 10, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The BrandeisAC.2B.2B.B/P2BR,2BA$1.18
Nove Lofts2BR/2.0BA2BR,2BA$1.07
Nichol Flats2x2 B2BR,2BA$1.14
L15 LoftsClassic1BR,1BA$0.82
Westwood Apartments2 BD2BR,1BA$0.67
Old Market Lofts1 Bedroom 1 Bathroom with Balcony, Patio1BR,1BA$1.07
Lakeside Estates2 Bed 2 Bath Single Section2BR,2BA$1.20
L14 FlatsTrendy1BR,1BA$1.30
Westbrook Tower1 Bedroom1BR,1BA$1.13
Cottonwood Apartments1X1B1BR,1BA$1.33

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Carter Lake, IA

Ranked #17

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Carter Lake

What type of rentals are currently available in Carter Lake?

There are currently 195 Apartments for Rent in Carter Lake, IA with pricing that ranges from $575 to $4,434. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carter Lake ranging from $725 to $3,300.

What is the current price range for Rental Homes in Carter Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Carter Lake ranges from $725 to $3,300 with an average monthly rent of $1,759.

How much are larger Three and Four Bedroom Rentals in Carter Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Carter Lake range from $1,050 to $3,885, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,324 to $1,725. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $639.

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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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.

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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.

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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.

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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.