Cheap Apartments for Rent in Traer, IA from $300 (30 Rentals)

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124 Earl St
1 to 2 Bedroom Apartments

124 Earl St

124-136 Earl StEvansdale, IA 50707
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1637 Carriage Hill
2 Bedroom Apartments

1637 Carriage Hill

1637 Carriage Hill DrWaterloo, IA 50701
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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
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Traer, IA Local Guide

Cheapest Available Traer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Traer, IA is a 1 Bed unit found at Prairie Village of LaPorte City priced from $643. Russell Lamson in the Downtown Waterloo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Traer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Russell LamsonStudioStudio,1BA$675
Le Chateau1BR/1.0BA1BR,1BA$725
Gold Falls Villa Apartments1 BR/ 1 Bath1BR,1BA$730
Meadow Ridge Apartments2 BR/ 1 BA2BR,1BA$775
1224-1282 W Mullan Ave3 BR/ 1 BA3BR,1BA$775
228 Spaces - Furnished Micro-Living Apartments1st Floor StudioStudio,1BA$795
1637 Carriage Hill2BR/1.0BA2BR,1BA$825
1150 Home Park Blvd2BR/1.0BA2BR,1BA$850
Edgemont Park ApartmentsOne Bedroom Apartment With Balcony At Top Rated...1BR,1BA$885

Best Value Apartments for Rent in Traer, IA and Nearby

As of October 24, 2025 the best value apartment in the Traer area is the $0.35 price per square foot 4BR/2BA Model at Hawkeye Towers - Historical Access in the starting from $380. The second greatest value Traer apartment is the 2 Bed / 2 Bath - Available Now! Model at Meadowbrook Apartments starting at $1,295 with a $1.23 price per square foot . Here is today’s list of the best values for Traer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hawkeye Towers - Historical Access4BR/2BA4BR,2BA$0.35
Meadowbrook Apartments2 Bed / 2 Bath - Available Now!2BR,2BA$1.23
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Pineview Place Apartments2 Bedroom/1 Bath2BR,1BA$1.03
Whispering Meadows CondominiumsTwo Bedroom w/Attached Garage2BR,2BA$1.20
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Meadow Ridge Apartments2 BR/ 1 BA2BR,1BA$0.93
1150 Home Park Blvd2BR/1.0BA2BR,1BA$1.09
1637 Carriage Hill2BR/1.0BA2BR,1BA$1.14
Le Chateau1BR/1.0BA1BR,1BA$1.20

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Getting Around Traer, IA

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Traer Apartments

What is the Cheapest Studio apartment in Traer?

Currently the most affordable Cheap Studio Apartment in Traer is at Russell Lamson listed at $675.

How much is rent for a Cheap One Bedroom Traer Apartment?

The lowest price for a Cheap One Bedroom Traer Apartment is $643 at Prairie Village of LaPorte City.

What is the lowest price for a Cheap Two Bedroom Traer Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Traer is starting from $775 at Meadow Ridge Apartments.

What is the most affordable Traer Three Bedroom Apartment?

The best deal on a cheap Traer Three Bedroom Apartment rental is at Meadow Ridge Apartments and starts from $850.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.