
Cheap Homes for Rent in Traer, IA from $400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Traer.


215 Baltimore St

1422 Irish Dr

1230 W Mullan Ave

740 W 11th St

700 W Ridgeway Ave

124 Moir St
Traer, IA Local Guide

How much does it cost to rent a home in Traer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Traer 2 Bedroom Homes for Rent | $1,154 | $775 | $2,000 |
| Traer 3 Bedroom Homes for Rent | $1,286 | $795 | $2,400 |
| Traer 4 Bedroom Homes for Rent | $1,817 | $1,300 | $2,525 |
| Traer 5 Bedroom Homes for Rent | $1,400 | $1,400 | $1,400 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prairie Village of LaPorte City | 1 Bedroom | 1BR,1BA | $643 |
| Russell Lamson | Studio | Studio,1BA | $675 |
| Le Chateau | 1BR/1.0BA | 1BR,1BA | $725 |
Best Value Apartments for Rent in Traer, IA and Nearby
As of October 26, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hawkeye Towers - Historical Access | 4BR/2BA | 4BR,2BA | $0.35 |
| Meadowbrook Apartments | 2 Bed / 2 Bath - Available Now! | 2BR,2BA | $1.23 |
| 3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.10 |
| Pineview Place Apartments | 2 Bedroom/1 Bath | 2BR,1BA | $1.03 |
| Whispering Meadows Condominiums | Two Bedroom w/Attached Garage | 2BR,2BA | $1.20 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
| Meadow Ridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.93 |
| 1150 Home Park Blvd | 2BR/1.0BA | 2BR,1BA | $1.09 |
| 1637 Carriage Hill | 2BR/1.0BA | 2BR,1BA | $1.14 |
| Le Chateau | 1BR/1.0BA | 1BR,1BA | $1.20 |
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Frequently Asked Questions about Traer
What type of rentals are currently available in Traer?
There are currently 49 Apartments for Rent in Traer, IA with pricing that ranges from $365 to $2,500. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Traer ranging from $425 to $2,525.
What is the current price range for Rental Homes in Traer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Traer ranges from $425 to $2,525 with an average monthly rent of $1,237.
How much are larger Three and Four Bedroom Rentals in Traer?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Traer range from $850 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $380.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.