Cheap Apartments for Rent in Traer, IA from $300 (23 Rentals)

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Meadow Ridge Apartments
1 to 3 Bedroom Apartments

Meadow Ridge Apartments

765-791 Russell RdWaterloo, IA 50701
  • Utilities Included
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Le Chateau
1 to 2 Bedroom Apartments

Le Chateau

733-747 Russell RdWaterloo, IA 50701
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1637 Carriage Hill
2 Bedroom Apartments

1637 Carriage Hill

1637 Carriage Hill DrWaterloo, IA 50701
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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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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 Bedroom in a 4BR Unit-Furnished Common ...4BR,1BA$295
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Russell LamsonStudioStudio,1BA$675
Pheasant Hollow Apartments2 Bed 1 Bath - 1274 Sq. Ft.2BR,1BA$705
Gold Falls Villa Apartments1 BR/ 1 Bath1BR,1BA$720

Best Value Apartments for Rent in Traer, IA and Nearby

As of September 08, 2025 the best value apartment in the Traer area is the $0.55 price per square foot 2 Bed 1 Bath - 1274 Sq. Ft. Model at Pheasant Hollow Apartments in the starting from $705. The second greatest value Traer apartment is the 3 BR/ 1 BA Model at 1224-1282 W Mullan Ave starting at $775 with a $0.70 price per square foot in the Downtown Waterloo neighborhood. 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 Apartments2 Bed 1 Bath - 1274 Sq. Ft.2BR,1BA$0.55
1224-1282 W Mullan Ave3 BR/ 1 BA3BR,1BA$0.70
Pointe West ApartmentsPointe West - 2-bedroom apartments2BR,2BA$0.98
Lantern Square Apartments Spacious 1, 2 & ...Three Bedroom3BR,1.5BA$1.18
Hawkeye Towers4BR/2BA4BR,2BA$0.35
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.10
Pineview Place Apartments2 Bedroom/1 Bath2BR,1BA$1.03
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Residences on College HillFully Furnished 4 BR/1 Bath Apartment!4BR,1BA$1.11
1150 Home Park Blvd2BR/1.0BA2BR,1BA$1.09

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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

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 $295 at Residences on College Hill.

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 1224-1282 W Mullan Ave and starts from $775.

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.