
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.


Parkside Manor

Park Place

The Lundell
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.

808 on 5th

Valley Forge Apartments

Crossing Commons Apartments

Coral Ridge Senior (55+) Apartments
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.

RS Tower
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 | $1,232 | $880 | $1,425 |
| Lantern Park 2 Bedroom Apartments | $1,326 | $875 | $1,700 |
| Lantern Park 3 Bedroom Apartments | $1,416 | $1,285 | $1,520 |
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 Hampton at Coral Ridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,280. 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 Hampton at Coral Ridge | 2 Bedroom 1 Bath | 2BR,1BA | $1,280 |
| Coral Ridge Senior (55+) Apartments | Two Bedroom B | 2BR,1BA | $1,556 |
Best Value Apartments for Rent in Lantern Park, IA
As of January 20, 2026 the best value apartment in the Lantern Park area is the $1.79 price per square foot Two Bedroom B Model at Coral Ridge Senior (55+) Apartments in the in the Coralview Heights neighborhood starting from $1,556. The second greatest value Lantern Park apartment is the 424 S Model at 808 on 5th starting at $1,175 with a $1.75 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 | $1.79 |
| 808 on 5th | 424 S | 1BR,1BA | $1.75 |
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 $1,175 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 $1,500 at 808 on 5th.
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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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!