Cheap Apartments for Rent in Traer, IA from $400 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Traer.

close
View Me
Le Chateau
1 to 2 Bedroom Apartments

Le Chateau

733-747 Russell RdWaterloo, IA 50701
  • Utilities Inc.
close
View Me
Falls Edge Studios
Studio Apartments

Falls Edge Studios

4711 University AveCedar Falls, IA 50613
  • Utilities Inc.

Traer, IA Local Guide

Cheapest Available Traer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Traer, IA is a 4 Beds unit found at Residences at College Hill in the Downtown Cedar Falls neighborhood priced from $415. 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 ListingModel NameBed/BathPriced From
Residences at College HillPrivate Bedroom in a 4-bed / 1-bath Unit - Just...4BR,1BA$415
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$675
Russell LamsonStudioStudio,1BA$675
Le Chateau1BR/1.0BA1BR,1BA$725

Best Value Apartments for Rent in Traer, IA and Nearby

As of March 12, 2025 the best value apartment in the Traer area is the $0.66 price per square foot 3 Bed 2 Bath Model at Pheasant Hollow Apartments in the starting from $950. The second greatest value Traer apartment is the Pointe West - 2-bedroom apartments Model at Pointe West Apartments starting at $1,080 with a $0.98 price per square foot . Here is today’s list of the best values for Traer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pheasant Hollow Apartments3 Bed 2 Bath3BR,2BA$0.66
Pointe West ApartmentsPointe West - 2-bedroom apartments2BR,2BA$0.98
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.05
Hawkeye Towers3/2.003BR,2BA$0.50
Pineview Place ApartmentsPrime Waterloo Living: 2-Bedroom / 1-Bath Apart...2BR,1BA$1.00
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
University ManorXL (Feb '25)1BR,1BA$1.16
1637 Carriage Hill Dr2 BR/ 1 BA2BR,1BA$1.10
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$1.11
Le Chateau1BR/1.0BA1BR,1BA$1.20

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Traer, IA Rentals by Map

View MapTraer, IA Apartments MapView MapTraer, IA Rental Homes Map

Getting Around Traer, IA

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Traer Apartments

What is the Cheapest Studio apartment in Traer?

Currently the most affordable Cheap Studio Apartment in Traer is at Russell Lamson listed at $675.

How much is rent for a Cheap One Bedroom Traer Apartment?

The lowest price for a Cheap One Bedroom Traer Apartment is $643 at Prairie Village of LaPorte City.

What is the lowest price for a Cheap Two Bedroom Traer Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Traer is starting from $775 at Meadow Ridge Apartments.

What is the most affordable Traer Three Bedroom Apartment?

The best deal on a cheap Traer Three Bedroom Apartment rental is at Meadow Ridge Apartments and starts from $850.

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.