Russell Lamson Apartments

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209 W 5th St, Waterloo, IA 50701
(319) 595-4737
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Russell Lamson

209 W 5th St
Waterloo, IA 50701
(319) 595-4737
Russell Lamson in Waterloo, IA - Building Photo
Income Restrictions
  • Studio–3 Bedrooms
  • $675–$800Available Unit Pricing
  • 396–1,323Square Feet

About Russell Lamson

The past and present live harmoniously together in the magnificently restored Russell Lamson Hotel. Here you can enjoy relaxing scenic river views and walk to downtown shopping, restaurants & entertainment. The new and completely renovated 8-story Russell Lamson building offers luxury living at a truly affordable price. Our community consists of 90 remodeled apartment homes, each of which has been equipped with new kitchen cabinets, flooring and appliances. Units include a dishwasher and individually-controlled center heating and cooling systems. Heat, cooling, water and trash removal are included in your rent. We offer a full list of resident amenities including an exercise facility, media learning center, laundry facilities, controlled entrance and a professional on-site management team. Become a part of the vibrant Russell Lamson community today! Income restrictions apply - Full Time Student restrictions may apply.

Russell Lamson is located in the Downtown Waterloo Neighborhood and 50701 Zip code of Waterloo, IA. This community is professionally managed by Sherman Associates, Inc.

Property Contact Info

Floorplan Pricing and Availability

Russell Lamson offers Studio to 3 Bedroom apartments starting from $675 and having 396–1,323 sq ft. Here is the current pricing and availability:

  • Studio

    $675

    Studio

    Studio, 1 Bath, 396-404 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $675Available NowStudio396-404 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Tub/Shower

    Kitchen

    • Kitchen
    • Range

    Living Space

    • Carpet
    • Vinyl Flooring
    • Walk-In Closets
    • Window Coverings

    Model Rent and Fees

    Price

    • $675
  • 1 Bedroom

    $800

    One Bedroom

    1 Bed, 1 Bath, 478-601 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $800Available NowOne Bedroom478-601 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Tub/Shower

    Kitchen

    • Kitchen
    • Range

    Living Space

    • Carpet
    • Vinyl Flooring
    • Walk-In Closets
    • Window Coverings

    Model Rent and Fees

    Price

    • $800
  • 2 Bedrooms

    Two Bedroom

    2 Beds, 1 Bath, 1249-1323 sq ft 

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,025UnavailableTwo Bedroom1249-1323 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Storage Space
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Price

    • $1,025

    Two Bedroom

    2 Beds, 2 Baths, 800 sq ft 

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,025UnavailableTwo Bedroom800 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Tub/Shower

    Kitchen

    • Kitchen
    • Microwave
    • Range

    Living Space

    • Carpet
    • Vinyl Flooring
    • Walk-In Closets
    • Window Coverings

    Model Rent and Fees

    Price

    • $1,025
  • 3 Bedrooms

    Three Bedroom

    3 Beds, 2 Baths, 1323 sq ft 

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,125UnavailableThree Bedroom1323 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • Security System
    • Tub/Shower

    Kitchen

    • Kitchen
    • Range

    Living Space

    • Carpet
    • Vinyl Flooring
    • Walk-In Closets
    • Window Coverings

    Model Rent and Fees

    Price

    • $1,125
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (319) 595-4737 to schedule a tour.

Property Information

Income Restrictions At Russell Lamson

Income restrictions apply to some or all residents. Contact the community for more information.

# Persons60% Income Limit
1$36,900
2$42,180
3$47,460
4$52,680
5$56,940
6$61,140
income restriction

To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.

Lease Terms

  • 12-month

Utilities Included

  • Trash Removal
  • Electricity
  • Sewer
  • Air Conditioning
  • Water
  • Gas
  • Heat

Pet Policy

Pet Policy - Cats

  • Cats Allowed
  • 2 Pet Limit
  • $25 Monthly Pet Rent
  • $300 Fee
  • Deposit Is $300

Fee & Deposit Info

One-Time Fees

  • $25 Application Fee

3D Tours

Features and Amenities

Unique Amenities

  • Dishwasher In 2 And 3-Bedroom Apartments

On-Site Services

  • Maintenance On Site
  • Package Service
  • Property Manager On Site
  • Laundry Facilities

Community Features

  • Business Center
  • Elevator

Outdoor Features

  • Controlled Access

Recreation and Fitness

  • Fitness Center

Interior Features

  • Security System
  • Storage Space
  • Tub/Shower
  • Heating
  • Cable Ready
  • Air Conditioning

Kitchen Amenities

  • Dishwasher
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Kitchen

Living Area Features

  • Walk In Closets
  • Vinyl Flooring
  • Carpet
  • Window Coverings

Parking Street

  • Street
Google Map

Map

209 W 5th St, Waterloo, IA 50701

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday8:00 am–5:00 pm
Tuesday8:00 am–5:00 pm
Wednesday8:00 am–5:00 pm
Thursday8:00 am–5:00 pm
Friday8:00 am–5:00 pm
SaturdayBy Appointment
SundayClosed

Getting Around

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

86 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Russell Lamson

Where is Russell Lamson located?

Russell Lamson is located at 209 W 5th St near the Downtown Waterloo area of Waterloo, IA

What is the current rent range at Russell Lamson?

Studio to 3 Bedroom Apartments at Russell Lamson currently range from $675 to $800

When is the leasing office open?

  • The office Hours for Russell Lamson are
  • Monday 8:00 am–5:00 pm
  • Tuesday 8:00 am–5:00 pm
  • Wednesday 8:00 am–5:00 pm
  • Thursday 8:00 am–5:00 pm
  • Friday 8:00 am–5:00 pm
  • Saturday By Appointment
  • Sunday Closed

Are pets allowed?

Cats are allowed at Russell Lamson. To find out more info the policy regarding pets call us today!

Lifestyle Ratings

  • Student Living 3.0

    Rentals that are highly rated for the Student Living Lifestyle rating have top features and amenities that benefit students and others who enjoy living the student lifestyle.

    Rating Factors

    This 3.0-star Student Living rating is based on the following features:

    • Package Service
    • Property Manager on Site
    • Elevator(s)
    • Fitness Center
    • Storage Spaces
    • Window Coverings
    • Maintenance on site
    • Laundry Facilities
    • Controlled Gate Access
    • Security Systems
    • Tub/Showers
    • Heating
    • Air Conditioning
    • Dishwashers
    • Ovens
    • Ranges
    • Refrigerators
    • Kitchens
    • Cable Ready
    See more
    See less
Learn more about Lifestyle Search

Renters Reviews and Ratings

3.1
9 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • Just dont!

    April 10, 2023
    drugs and smoking constantly, then they ACT LIKE ITS YOU ! THIS PLACE IS NOT NICE to people that are actually trying to go by the rules they post!!!!!!
    • Property Manager Responded

      May 2, 2023
      Thank you for taking the time to give us a review. We sincerely apologize about the issues you experienced, and we hope to make this right. Please reach out to us so we can rectify this issue.
    Review from Apartments.com
  • Studio

    March 8, 2022
    Love my home and the landlord and maintenance guy are super friendly and always puts a smile on my face definitely staying here for years to come!!!
    • Property Manager Responded

      March 14, 2022
      Thank you for posting your positive review. Our team is committed to providing high-quality customer service, and we’re thrilled to hear that we made a good impression on you. We are so glad to have you as part of our community and thank you for choosing Russell Lamson!
    Review from Apartments.com
  • Don't live here

    June 27, 2016
    The landlord is a lying dog you will not get your lease do not waste your money you will have to pay $35 extra a month to park in the garage you get ripped off its more rent than it says they don't fix your stuff no matter how much you ask it's more hilarious than anything how immature the people that work here are I've asked a million times for a copy of my lease and for my dishwasher to get fixed in my AC because they're conditioner here is garbage not to mention the pot smell in the hallway ...
    and the crime going on around here loud music trains sirens things going on right outside the building but landlord is too lazy to do anything about it so she said it's not her job well news flash it is her job she wont do anything do not waste your money here I wish I can get my money back and get free of the remaining months of my lease they will screw you over don't waste your money can't stress that enough
    Read More
    Review from Apartments.com
  • An Ideal Apartment Home

    September 18, 2015
    The apartments are gorgeous and the views to downtown and the riverfront are stunningly beautiful year round. Management is professional and prompt with business issues, maintenance handles service calls within 24-48hrs, and the janitor does an excellent job at keeping the building well groomed, inside and out. This is not just another downtown property, it's a home. I'd recommend this property to even the pickiest of renters! Apt. 410
    Review from Apartments.com
  • The Lamson Buillding

    July 28, 2015
    I live in a building were everything is convenient from going down stairs to the resturant to have drinks with your friends or even order food when your feeling lazy in don't feel like cooking. Feeling Out of shape? Well there's a work out room open 24 hours. Need computer access but don't have a laptop or don't even feel like being bother at the library? There's also a computer room. You know how some apartments have 2 Dryers and 2 washers? Not the Lamson building they have plenty. The people ...
    here are also friendly stay giving in welling to help sometimes I feel like our Building is one big family. Hmmmmm Something like The Lamson Family.
    Read More
    Review from Apartments.com
  • russlle lamson

    May 13, 2014
    i havent moved in but i love the service their people wereso nice and gave tons of smiles thought i didnt like how loud it was over all it was good
    Review from Apartments.com
  • Low Budget apartments

    August 1, 2014
    I was not told when signing my lease that this was a totally non smoking building. After I had moved in is when I was told to sign about it. I was not happy since I am a smoker. You have to go outside to smoke and then have to listen to the business's in the building complain about it and the guy who owns one of the business's is even a smoker. As far as the apts. they are very nice and worth the money since you do have computers and a gym to use. The parking garage is kind of nice since you ...
    never have to remove snow. They do have a hard time keeping a maintenance person on staff. You do have a lot of special needs and senior renters.
    Read More
    Review from Apartments.com
  • Very nice apartment building with all the extras!

    March 25, 2013
    I loved, loved, loved this apartment! Unfortunately I did not qualify as I make a little more than 30 thousand a year. The building has been decorated nicely with beautiful rooms within. Each apartment we looked at was not a "cookie cutter" of each other and it would have been easy to find one that would have fit our needs. Bonus were the extras in the computer room, the lounge, the huge room with many washers and dryers, and especially the storage units in basement at no charge to the renter. I ...
    would only say that parking would have been a problem. It would be a perfect place for someone looking for an "urban" setting with bus service convenient to them.
    Read More
    Review from Apartments.com
  • No answer when calling!

    March 27, 2014
    Really shady customer service, No One called me back when I was inquiring about the apartments!!!
    Review from Apartments.com

Nearby Schools

West High School

Waterloo Community
425 East Ridgeway Avenue
Public School - Grades 9-12 (1652 Students)
In Attendance Zone5 minute drive / 1.7 miles away
5/10

Bunger Middle School

Waterloo Community
157 South Roosevelt Road
Public School - Grades 6-8 (431 Students)
In Attendance Zone7 minute drive / 3.6 miles away
5/10

Lowell Elementary School

Waterloo Community
1628 Washington Street
Public School - Grades PK-5 (513 Students)
In Attendance Zone2 minute drive / 0.7 miles away
3/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Russell Lamson.

Big Box and Retail

Autozone
3121 Kimball Ave
5 minute drive / 1.77 miles away
Target
1501 E San Marnan Dr
5 minute drive / 1.79 miles away
Petco
1237 Flammang Dr
4 minute drive / 2.0 miles away

Colleges and Universities

1501 E Orange Rd
8 minute drive / 4.04 miles away
1222 W 27th St
13 minute drive / 6.34 miles away

Groceries

Hy-Vee
1422 Flammang Dr
4 minute drive / 2.27 miles away

Hospitals

3421 West Ninth Street
5 minute drive / 1.83 miles away
1825 Logan Avenue
5 minute drive / 2.47 miles away
515 College Street
14 minute drive / 6.64 miles away

Shopping Centers

100-399 E Mitchell Ave
3 minute drive / 1.17 miles away
2108 Kimball Ave
4 minute drive / 1.61 miles away
2066-2080 E Ridgeway Ave
5 minute drive / 1.84 miles away

Russell Lamson has 5 shopping centers within 2.0 miles.

Nearby Neighborhoods

Studio to 3 Bedroom Apartments from $550
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Waterloo Studio Apartments $833$550$1,300
Waterloo 1 Bedroom Apartments $996$575$1,800
Waterloo 2 Bedroom Apartments $1,239$650$3,433
Waterloo 3 Bedroom Apartments $1,177$505$2,700
Waterloo 4 Bedroom Apartments $1,065$520$1,600

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Viewing: Russell Lamson | Desktop Version | Listing Updated: 02/04/2025 | AHLGLD