Cheap Apartments for Rent in the Crater Lake Neighborhood of Carter Lake, IA from $400 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Crater Lake area of Carter Lake.

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Maple Leaf
1 Bedroom Apartments

Maple Leaf

2902 N 24th StOmaha, NE 68110
  • Utilities Included
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1001 N 29th St
2 Bedroom Apartments

1001 N 29th St

1001 N 29th StOmaha, NE 68131
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Northgate Apartments
1 to 4 Bedroom Apartments

Northgate Apartments

1222 N 31st StCouncil Bluffs, IA 51501
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ViewHouse
1 to 2 Bedroom Apartments

ViewHouse

1111 N 27th StOmaha, NE 68131
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Twentieth Place
3 Bedroom Apartments

Twentieth Place

1825 N 20th StOmaha, NE 68110
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9ines
1 Bedroom Apartments

9ines

1313 Cuming StOmaha, NE 68102

Crater Lake, Carter Lake, IA Local Guide

Cheapest Available Crater Lake Apartments for Rent

 

The cheapest available apartment rental in the Crater Lake area of Carter Lake, IA is a Studio unit found at Digs on Park Ave priced from $799. Maple Second has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Crater Lake apartments for rent in Carter Lake, IA:

Apartment ListingModel NameBed/BathPriced From
Digs on Park AveStudioStudio,1BA$799
Maple SecondOne Bed/One Bath | 1-11BR,1BA$800
3633 Avenue A2 Bed 1 Bath2BR,1BA$850
Muse OmahaThe CJStudio,1BA$950
SPACES5th ProvinceStudio,1BA$965

Best Value Apartments for Rent in Crater Lake, IA

As of April 11, 2025 the best value apartment in the Crater Lake area is the $1.81 price per square foot 2B Bed Model at Capitol Place Apartments in the in the Old Market neighborhood starting from $2,390. The second greatest value Crater Lake apartment is the August Model at TipTop Apartments starting at $1,845 with a $1.55 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Crater Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Capitol Place Apartments2B Bed2BR,2BA$1.81
TipTop ApartmentsAugust2BR,2BA$1.55
HELLOKonichiwa2BR,2BA$1.52
River Park by BroadmoorNiobrara1BR,1BA$1.63
The Capitol District ApartmentsCity Scape 1B41BR,1BA$1.71
The Rochester ApartmentsThe Calligrapher1BR,1BA$1.80
22 FloorsFlash1BR,1BA$1.58
SPACESLadies and Gents1BR,1BA$1.78
3633 Avenue A3 Bed 1 Bath3BR,1BA$1.75
Maple SecondOne Bed/One Bath | 1-11BR,1BA$1.60

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Pet Friendly Lifestyle
Crater Lake, Carter Lake, IA

Ranked #1

Among neighborhoods in Carter Lake, IA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Crater Lake Neighborhood in Carter Lake, IA

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Crater Lake Apartments

What is a cheap apartment in Crater Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Crater Lake is under $1,140.

What is the price of a cheap apartment in Crater Lake?

The cheapest apartment in Crater Lake is Maple Second which is listed at $800, while the average apartment in Crater Lake costs $2,062.

What types of apartments are the cheapest in Crater Lake?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 92 regular apartments in Crater Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Crater Lake?

Cheap apartments in Crater Lake have an average cost of $1,393 which is $669 cheaper than the average rent for all rentals in Crater Lake.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.