
Cheap Apartments for Rent in the Lantern Park Neighborhood of Coralville, IA from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lantern Park area of Coralville.


The Lundell

The Hampton at Coral Ridge
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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.
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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.
Lantern Park, Coralville, IA Local Guide

How much does it cost to rent an apartment in Lantern Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lantern Park Studio Apartments | $1,122 | $995 | $1,250 |
| Lantern Park 1 Bedroom Apartments | $1,172 | $880 | $1,365 |
| Lantern Park 2 Bedroom Apartments | $1,251 | $845 | $1,550 |
| Lantern Park 3 Bedroom Apartments | $1,503 | $1,285 | $1,795 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Lantern Park Neighborhood of Coralville, IA.
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Cheapest Available Lantern Park Apartments for Rent
 The cheapest available apartment rental in the Lantern Park area of Coralville, IA is a Studio unit found at 808 on 5th priced from $995. The Lundell has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here are the most affordable Lantern Park apartments for rent in Coralville, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 808 on 5th | Studio | Studio,1BA | $995 |
| The Lundell | 0BR/1.0BA | Studio,1BA | $1,250 |
| Coral Ridge Senior (55+) Apartments | Two Bedroom B | 2BR,1BA | $1,382 |
Best Value Apartments for Rent in Lantern Park, IA
As of December 28, 2025 the best value apartment in the Lantern Park area is the $1.59 price per square foot Two Bedroom B Model at Coral Ridge Senior (55+) Apartments in the in the Coralview Heights neighborhood starting from $1,382. The second greatest value Lantern Park apartment is the 424 S Model at 808 on 5th starting at $1,075 with a $1.60 price per square foot in the Coralview Heights neighborhood. Here is today’s list of the best values for Lantern Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Coral Ridge Senior (55+) Apartments | Two Bedroom B | 2BR,1BA | $1.59 |
| 808 on 5th | 424 S | 1BR,1BA | $1.60 |
| The Lundell | 0BR/1.0BA | Studio ,1BA | $2.17 |
Frequently Asked Questions about Cheap Lantern Park Apartments
How much is rent for a Cheap One Bedroom Lantern Park Apartment?
The lowest price for a Cheap One Bedroom Lantern Park Apartment is $1,075 at 808 on 5th.
What is the lowest price for a Cheap Two Bedroom Lantern Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lantern Park is starting from $1,382 at Coral Ridge Senior (55+) Apartments.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!





