Cheap Apartments for Rent in Traer, IA from $500 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Traer.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
close
View Me
1637 Carriage Hill Dr
2 Bedroom Apartments

1637 Carriage Hill Dr

1637 Carriage Hill DrWaterloo, IA 50701
  • Utilities Included
close
View Me
124 Earl St
2 Bedroom Apartments

124 Earl St

124-136 Earl StEvansdale, IA 50707

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-27, Page 1 of 1

Traer, IA Local Guide

Cheapest Available Traer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Traer, IA is a 4 Beds unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $295. Prairie Village of LaPorte City has the second lowest priced unit, which is a 1 Bed apartment currently listed from $643. Here is today’s list of the most affordable Traer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Residences on College HillPrivate 1-Bedroom Apartment in a Spacious 4-Bed...4BR,1BA$295
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$675
Russell LamsonStudioStudio,1BA$675
University ManorStudio ( Aug '25 )Studio,1BA$735
1106-1110 Kent CircleUpdated Cozy 1 Bedroom / 1 Bath Apartment in SW...1BR,1BA$750
124 Earl St2BR/1.0BA2BR,1BA$795
Edgemont Park Apartments1 Bedroom Efficiency @ Edgemont ParkStudio,1BA$795
1150 Home Park Blvd2BR/1.0BA2BR,1BA$800
Gold Falls Villa Apartments2BR/1 Bath2BR,1BA$815

Best Value Apartments for Rent in Traer, IA and Nearby

As of June 04, 2025 the best value apartment in the Traer area is the $0.70 price per square foot 3 Bed 2 Bath Model at Pheasant Hollow Apartments in the starting from $1,000. The second greatest value Traer apartment is the Beautiful HUGE 3 Bedroom/2 Bath Apartment in Gr... Model at Pineview Place Apartments starting at $1,200 with a $1.00 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.
Pheasant Hollow Apartments3 Bed 2 Bath3BR,2BA$0.70
Pineview Place ApartmentsBeautiful HUGE 3 Bedroom/2 Bath Apartment in Gr...3BR,2BA$1.00
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Hawkeye Towers3/2.003BR,2BA$0.50
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Le Chateau2BR/1.5BA2BR,1.5BA$0.95
1150 Home Park Blvd2BR/1.0BA2BR,1BA$1.03
Gold Falls Villa Apartments2BR/1 Bath2BR,1BA$1.04
124 Earl St2BR/1.0BA2BR,1BA$1.13
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.11

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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

Explore Traer, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Traer, IA

View MapTraer, IA Apartments MapView MapTraer, IA Rental Homes Map

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $525 at Residences on College Hill.

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 The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.