
Cheap Homes for Rent in Traer, IA from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Traer.


1422 Irish Dr

930 W 3rd St

418 Sunnyside Ave
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.

740 W 11th St

1923 E Ridgeway Ave

700 W Ridgeway Ave

506 Kimball Ave
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.

205 Byron Ave
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 | $1,051 | $750 | $1,700 |
| Traer 3 Bedroom Homes for Rent | $1,194 | $750 | $2,200 |
| Traer 4 Bedroom Homes for Rent | $1,650 | $750 | $2,500 |
| Traer 5 Bedroom Homes for Rent | $1,400 | $1,400 | $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 1 Bed unit found at Meadow Ridge Apartments priced from $625. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $625 |
| Prairie Village of LaPorte City | 1 Bedroom | 1BR,1BA | $643 |
| Pheasant Hollow Apartments | 2 Bed 1 Bath - 1274 Sq. Ft. | 2BR,1BA | $705 |
Best Value Apartments for Rent in Traer, IA and Nearby
As of December 11, 2025 the best value apartment in the Traer area is the $0.77 price per square foot 2 Bed 1 Bath - 1117 Sq. Ft. Model at Pheasant Hollow Apartments in the starting from $865. 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. |
|---|---|---|---|
| Pheasant Hollow Apartments | 2 Bed 1 Bath - 1117 Sq. Ft. | 2BR,1BA | $0.77 |
| Hillcrest Park Apartments-Student Housing | 4BR/2BA | 4BR,2BA | $0.42 |
| 3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.10 |
| Hawkeye Towers (new) | 3BR/2BA | 3BR,2BA | $0.50 |
| Pineview Place Apartments | 2 Bedroom/1 Bath | 2BR,1BA | $1.03 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
| Le Chateau | 2BR/1.5BA | 2BR,1.5BA | $0.85 |
| Residences on College Hill | 4 Bedroom Apartment Near UNI — Only $1,400/mo (... | 4BR,1BA | $0.99 |
| 1150 Home Park Blvd | 2BR/1.0BA | 2BR,1BA | $1.02 |
| 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 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 ArticleQuick Rent Budget Calculator
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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 51 Apartments for Rent in Traer, IA with pricing that ranges from $365 to $2,500. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Traer ranging from $525 to $2,500.
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 $525 to $2,500 with an average monthly rent of $1,172.
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 $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,200. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $460.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.