
Cheap Homes for Rent near Traer, IA from $675 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Traer.


1254 W Mullan Ave

1272 W Mullan Ave

1620 Guernsey Ct

103 5th St

414 Randall St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

927 Forest Ave

610 Broad St

700 W Ridgeway Ave

720 W 9th St

519 Baltimore St

721 10th Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

207 Yetley 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 | $1,095 | $725 | $2,000 |
| Traer 3 Bedroom Homes for Rent | $1,336 | $850 | $2,300 |
| Traer 5 Bedroom Homes for Rent | $1,300 | $1,250 | $1,400 |
Browse Top Homes for Rent in Traer
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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 4 Beds unit found at The Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $299. Meadow Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Traer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences on College Hill | 4 Bed 1 Bath-W/D In Unit | 4BR,1BA | $299 |
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $625 |
| Prairie Village of LaPorte City | 1 Bedroom | 1BR,1BA | $643 |
| Russell Lamson | Studio | Studio,1BA | $695 |
| University Manor | 1 BR/ 1 BA (Aug '25) | 1BR,1BA | $815 |
Best Value Apartments for Rent in Traer, IA and Nearby
As of August 29, 2026 the best value apartment in the Traer area is the $0.46 price per square foot Private Bedroom in 4 Bed/2 Bath Student Apt Model at Elevate Apartments in the starting from $525. The second greatest value Traer apartment is the Pointe West - 2-bedroom apartments Model at Pointe West Apartments starting at $1,100 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Elevate Apartments | Private Bedroom in 4 Bed/2 Bath Student Apt | 4BR,2BA | $0.46 |
| Pointe West Apartments | Pointe West - 2-bedroom apartments | 2BR,2BA | $1.00 |
| Hillcrest Park Apartments-Student Housing | 4BR/2BA | 4BR,2BA | $0.50 |
| Riverwalk Residences | 1st Month Free | 2BR,2BA | $1.19 |
| 3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.10 |
| Prairie Rapids | 2bed/1bath | 2BR,1BA | $1.15 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.02 |
| Le Chateau | 2BR/1.5BA | 2BR,1.5BA | $0.90 |
| University Manor | 1 BR/ 1 BA (Aug '25) | 1BR,1BA | $1.27 |
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.02 |
Don'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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Traer
What type of rentals are currently available in Traer?
There are currently 57 Apartments for Rent in Traer, IA with pricing that ranges from $525 to $2,500. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Traer ranging from $675 to $2,300.
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 $675 to $2,300 with an average monthly rent of $1,228.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.