
Cheap Apartments for Rent in Traer, IA from $300 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Traer.


Meadow Ridge Apartments

Prairie Village of LaPorte City

Pheasant Hollow Apartments

Gold Falls Villa Apartments

Kent Circle

Park @ Nine23
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.

228 Spaces - Furnished Micro-Living Apartments

Falls Edge Studios

University Manor

1150 Home Park Blvd

Legacy Manor of Waterloo - 55+ Living

1324 South St

723 W 1st St
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.

532 Western Ave

Russell Lamson

425 McClellan St

1224-1282 W Mullan Ave

1254 W Mullan Ave

700 W Ridgeway Ave

1637 Carriage Hill Dr
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.

1004 W 5th St

124-136 Earl St

The Preserve at Crossroads

Westwood Apartments

Le Chateau

1436 Ansborough Ave

Pointe West Apartments
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.
Traer, IA Local Guide

How much does it cost to rent an apartment in Traer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Traer Studio Apartments | $948 | $340 | $1,400 |
| Traer 1 Bedroom Apartments | $1,035 | $475 | $1,800 |
| Traer 2 Bedroom Apartments | $1,431 | $550 | $2,500 |
| Traer 3 Bedroom Apartments | $1,696 | $850 | $2,700 |
| Traer 4 Bedroom Apartments | $930 | $460 | $1,400 |
Browse Top Apartments in Traer
See all Apartments in TraerExplore Traer
Traer, IA Local Guide
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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 $350. Brookside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $475. Here is today’s list of the most affordable Traer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $350 |
| Brookside Apartments | 1BR / 1BA | 1BR,1BA | $475 |
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $625 |
| Prairie Village of LaPorte City | 1 Bedroom | 1BR,1BA | $643 |
| Kent Circle | Updated Cozy 1 Bedroom / 1 Bath Apartment in SW... | 1BR,1BA | $760 |
| 228 Spaces - Furnished Micro-Living Apartments | 2nd Floor Studio | Studio,1BA | $795 |
| Park @ Nine23 | A1 | 1BR,1BA | $830 |
| Legacy Manor of Waterloo - 55+ Living | 1 bedroom | 1BR,1BA | $861 |
| Falls Edge Studios | Studio A | Studio,1BA | $900 |
| Edgemont Park Apartments | One Bedroom Apartment With Poolside Balcony At ... | 1BR,1BA | $915 |
Best Value Apartments for Rent in Traer, IA and Nearby
As of April 24, 2026 the best value apartment in the Traer area is the $1.02 price per square foot Beautiful HUGE 3 Bedroom/2 Bath Apartment in Gr... Model at Pineview Place Apartments in the starting from $1,220. The second greatest value Traer apartment is the 4BR/2BA Model at Hillcrest Park Apartments-Student Housing starting at $460 with a $0.42 price per square foot . Here is today’s list of the best values for Traer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pineview Place Apartments | Beautiful HUGE 3 Bedroom/2 Bath Apartment in Gr... | 3BR,2BA | $1.02 |
| Hillcrest Park Apartments-Student Housing | 4BR/2BA | 4BR,2BA | $0.42 |
| Riverwalk Residences | 1st Month Free | 2BR,2BA | $1.19 |
| Meadowbrook Apartments | 2 Bed / 2 Bath - Available Now! | 2BR,2BA | $1.23 |
| 3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.10 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.02 |
| Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $0.39 |
| Legacy Manor of Waterloo - 55+ Living | 1 bedroom | 1BR,1BA | $1.16 |
| Brookside Apartments | 1BR / 1BA | 1BR,1BA | $0.68 |
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.02 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Traer, IA Rentals by Map
See the most popular apartments and homes in Traer, IA
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 228 Spaces - Furnished Micro-Living Apartments listed at $795.
How much is rent for a Cheap One Bedroom Traer Apartment?
The lowest price for a Cheap One Bedroom Traer Apartment is $475 at Brookside Apartments.
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 Pineview Place Apartments and starts from $1,220.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.