
Cheap Homes for Rent in Lantern Park Neighborhood of Coralville, IA from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Lantern Park area of Coralville.


403 21st Avenue Pl, Unit 403
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.

1632 5th St

404 21st Avenue Pl, Unit 404
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.
Lantern Park, Coralville, IA Local Guide

How much does it cost to rent a home in Lantern Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lantern Park 2 Bedroom Homes for Rent | $1,100 | $1,000 | $1,250 |
| Lantern Park 3 Bedroom Homes for Rent | $1,818 | $1,490 | $2,250 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Lantern Park Neighborhood of Coralville, IA.
Explore Coralville
Best Value Apartments for Rent in Lantern Park, IA
As of June 05, 2026 the best value apartment in the Lantern Park area is the $1.08 price per square foot 1455 Eastview Model at 1453-1458 Eastview Dr in the in the Coralview Heights neighborhood starting from $1,100. 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. |
|---|---|---|---|
| 1453-1458 Eastview Dr | 1455 Eastview | 2BR,1.5BA | $1.08 |
| 808 on 5th | 424 S | 1BR,1BA | $1.75 |
Frequently Asked Questions about Lantern Park
What type of rentals are currently available in Lantern Park?
There are currently 32 Apartments for Rent in Lantern Park, IA with pricing that ranges from $895 to $1,595. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lantern Park ranging from $1,000 to $2,250.
What is the current price range for Rental Homes in Lantern Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lantern Park ranges from $1,000 to $2,250 with an average monthly rent of $1,521.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.