Cheap Homes for Rent in Crater Lake Neighborhood of Carter Lake, IA from $1,000 (2 Rentals)

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

Crater Lake, Carter Lake, IA Local Guide

Best Value Apartments for Rent in Crater Lake, IA

As of April 17, 2025 the best value apartment in the Crater Lake area is the $1.55 price per square foot August Model at TipTop Apartments in the in the Old Market neighborhood starting from $1,845. The second greatest value Crater Lake apartment is the Konichiwa Model at HELLO starting at $1,760 with a $1.52 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.
TipTop ApartmentsAugust2BR,2BA$1.55
HELLOKonichiwa2BR,2BA$1.52
Nichol Flats1x1 B1BR,1BA$1.33
River Park by BroadmoorNiobrara1BR,1BA$1.63
The Capitol District ApartmentsCity Scape 1B41BR,1BA$1.71
Featherstone ApartmentsOne Bedroom | One Bath1BR,1BA$1.40
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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Frequently Asked Questions about Crater Lake

What type of rentals are currently available in Crater Lake?

There are currently 91 Apartments for Rent in Crater Lake, IA with pricing that ranges from $750 to $4,614. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Crater Lake ranging from $1,395 to $2,850.

What is the current price range for Rental Homes in Crater Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Crater Lake ranges from $1,395 to $2,850 with an average monthly rent of $1,923.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.