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  • Primary Photo - Russell Lamson
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Language: English

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View All Hours Office Hours Monday - Friday, 8am - 5pm Saturday, By Appointment Sunday, Closed

Russell Lamson media gallery Unit
call 319-595-4681
Floor Plan View Body
Iowa Black Hawk County Waterloo Downtown Waterloo

Russell Lamson

209 W 5th St, Waterloo, IA 50701

3.3
Renter Rating 9 Reviews
Today
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319-595-4681
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  • Monthly Rent

    $652 - $1,145

  • Bedrooms

    Studio - 3 bd

  • Bathrooms

    1 - 2 ba

  • Square Feet

    396 - 1,323 sq ft

This property has income limits. Make sure you qualify.

Russell Lamson
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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.

Read More

Highlights

  • Walk-In Closets
  • Controlled Access
  • Elevator
  • Property Manager on Site
  • Business Center

Pricing & Floor Plans

filter results by bedrooms
Studio
$652 Studio 1 Bath 396 – 404 Sq Ft
Available Now
One Bedroom
$825 1 Bed 1 Bath 478 – 601 Sq Ft
Available Now
Two Bedroom
$1,055 2 Beds 2 Baths 800 Sq Ft
Available Now
Two Bedroom
$1,055 2 Beds 1 Bath 1,249 – 1,323 Sq Ft
Available Now
Three Bedroom
$1,145 3 Beds 2 Baths 1,323 Sq Ft
Not Available
Studio
$652 Studio 1 Bath 396 – 404 Sq Ft
Available Now
One Bedroom
$825 1 Bed 1 Bath 478 – 601 Sq Ft
Available Now
Two Bedroom
$1,055 2 Beds 2 Baths 800 Sq Ft
Available Now
Two Bedroom
$1,055 2 Beds 1 Bath 1,249 – 1,323 Sq Ft
Available Now
Three Bedroom
$1,145 3 Beds 2 Baths 1,323 Sq Ft
Not Available
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        Charged per applicant.
        $25
  • Cats
    Max of 2
    Restrictions:
    Deposit is $300
    Read More Read Less
  • Street Parking

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Details

Utilities Included

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

Lease Options

  • 12 mo

Property Information

  • Built in 1913
  • 90 units/8 stories

Matterport 3D Tours

This single-floor space presents a clean and well-lit interior defined by its warm, neutral aesthetic. The primary room is generously sized, featuring plush wall-to-wall carpeting in a soft, neutral tone that adds comfort underfoot and contributes to the room's inviting atmosphere. A notable tray ceiling adds architectural interest and a sense of added height to the space, while a centrally mounted ceiling light fixture provides practical overhead illumination. Natural light is a highlight of this space, with multiple double-hung windows framed in warm wood-toned trim lining two walls. These windows allow abundant daylight to fill the room, creating a bright and airy environment. The windows also offer views to the exterior, further enhancing the open feel of the space. The walls are finished in a soft, warm beige palette that complements the carpeting and window trim, creating a cohesive and understated interior. Visible HVAC vents are integrated into both the ceiling and walls, ensuring climate comfort throughout. The overall design is straightforward and functional, presenting a versatile, move-in-ready space well-suited for a variety of uses.

2BR, 2BA - 1,006 SF
1/2
This single-floor space presents a clean and well-lit interior defined by its warm, neutral aesthetic. The primary room is generously sized, featuring plush wall-to-wall carpeting in a soft, neutral tone that adds comfort underfoot and contributes to the room's inviting atmosphere. A notable tray ceiling adds architectural interest and a sense of added height to the space, while a centrally mounted ceiling light fixture provides practical overhead illumination.

Natural light is a highlight of this space, with multiple double-hung windows framed in warm wood-toned trim lining two walls. These windows allow abundant daylight to fill the room, creating a bright and airy environment. The windows also offer views to the exterior, further enhancing the open feel of the space.

The walls are finished in a soft, warm beige palette that complements the carpeting and window trim, creating a cohesive and understated interior. Visible HVAC vents are integrated into both the ceiling and walls, ensuring climate comfort throughout. The overall design is straightforward and functional, presenting a versatile, move-in-ready space well-suited for a variety of uses. This single-floor space offers a clean, open layout defined by soft neutral walls and a warm, understated aesthetic. The main area is finished with plush wall-to-wall carpeting, creating a comfortable and quiet atmosphere throughout. A row of double-hung windows lines one wall, allowing generous amounts of natural light to fill the interior and lending the space an airy, welcoming feel. The ceiling is smooth and painted white, contributing to the bright, open ambiance, and is complemented by a centrally hung pendant light fixture that adds a subtle industrial touch. Toward the far end of the space, the flooring transitions to hardwood, suggesting a secondary area that could serve a distinct functional purpose. Recessed HVAC vents are integrated into both the ceiling and walls, ensuring consistent climate control throughout. The walls feature clean, flush-panel built-in elements and generous baseboard trim, adding to the tidy, well-maintained character of the space. Overall, the layout is versatile and expansive, with an uncluttered design that makes it highly adaptable for a variety of uses.

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 an apartment community located in Black Hawk County and the 50701 ZIP Code. This area is served by the Waterloo Community School District attendance zone.

Unique Features

  • Dishwasher In 2 And 3-Bedroom Apartments

Contact

View Property Website
Language: English
Open 8am - 5pm Today
  • Monday - Friday, 8am - 5pm
  • Saturday, By Appointment
  • Sunday, Closed
Property Management Company Logo

Community Amenities

Fitness Center

Laundry Facilities

Elevator

Controlled Access

  • Package Service
  • Laundry Facilities
  • Controlled Access
  • Maintenance on site
  • Property Manager on Site
  • Elevator
  • Business Center
  • Storage Space
  • Fitness Center

Apartment Features

Air Conditioning

Dishwasher

Walk-In Closets

Microwave

  • Air Conditioning
  • Heating
  • Cable Ready
  • Security System
  • Tub/Shower
  • Dishwasher
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Carpet
  • Vinyl Flooring
  • Walk-In Closets
  • Window Coverings

Income Restrictions

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

How To Qualify

Based on the size of your household, your Maximum Annual Income must be equal to or less than the amount listed in this chart.
# Persons
60 % Income Limit
1
$36,900
2
$42,180
3
$47,460
4
$52,680
5
$56,940
6
$61,140
Location
209 W 5th St, Waterloo,
IA 50701
Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
| Edit
Edit Commute

Destination is required

Under 30 minutes

Commute Time is calculated at rush hour.
Neighborhood

The heart of Waterloo is a thriving commercial district lined with local restaurants, breweries, and neighborhood parks near Cedar River. From Newton’s Paradise Café to SingleSpeed Brewing Company, the food and drink options in town are abundant. Downtown Waterloo is home to the John Deere Tractor and Engine Museum, RiverLoop Amphitheatre, and Phelps Youth Pavilion, a vibrant educational facility for kids. Good public schools, affordable rentals, and easy access to Interstate 380 are just a few of the benefits of living in Downtown Waterloo. Residents of this neighborhood appreciate proximity to the Hope Martin Memorial Park, Crossroads Mall, and Los Island Water Park.

Learn more about living in Downtown Waterloo 
Average Prices by Area

Compare neighborhood and city base rent averages by bedroom.

Downtown Waterloo Waterloo, IA
Studio $1,224 $803
1 Bedroom $1,376 $797
2 Bedrooms $1,449 $927
3 Bedrooms - $1,096
Amenities
  • Package Service
  • Laundry Facilities
  • Controlled Access
  • Maintenance on site
  • Property Manager on Site
  • Elevator
  • Business Center
  • Storage Space
  • Fitness Center
  • Dishwasher In 2 And 3-Bedroom Apartments
  • Air Conditioning
  • Heating
  • Cable Ready
  • Security System
  • Tub/Shower
  • Dishwasher
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Carpet
  • Vinyl Flooring
  • Walk-In Closets
  • Window Coverings
Expenses
Recurring
Cat Rent $25
One-Time
Cat Fee $300
Utilities Included
Gas, Water, Electricity, Heat, Trash Removal, Sewer, Air Conditioning Included
Office Hours
Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm
Saturday By Appointment
Sunday Closed
319-595-4681
Education
Colleges & Universities Distance
Colleges & Universities Distance
Allen College
Drive: 5 min 3.0 mi
Hawkeye Community College
Drive: 11 min 5.5 mi
University of Northern Iowa
Drive: 13 min 7.0 mi
Wartburg College
Drive: 30 min 21.2 mi
Russell Lamson is within 5 minutes or 3.0 miles from Allen College. It is also near Hawkeye Community College and University of Northern Iowa.
Schools
  • Public Schools
  • Private Schools
Lowell Elementary School
Public Elementary School
Grades PK-5
513 Students
Attendance Zone
Irving Elementary School
Public Elementary School
Grades K-5
402 Students
Nearby
George Washington Carver Academy
Public Middle School
Grades 6-8
442 Students
Nearby
Bunger Middle School
Public Middle School
Grades 6-8
431 Students
Attendance Zone
East High School
Public High School
Grades 9-12
1,022 Students
Nearby
West High School
Public High School
Grades 9-12
1,652 Students
Attendance Zone
Sonrise Christian School & Daycare
Private Elementary School
Grades PK-5
56 Students
Nearby
Queen of Peace
Private Elementary & Middle School
Grades PK-8
Nearby
Cedar Valley Catholic Schools
Private High School
Grades 9-12
247 Students
Nearby
School data provided by 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 a scale of 1 (below average) 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 family needs as part of the school selection process.

View GreatSchools Rating Methodology


Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation
Getting Around
Fairly Walkable
Walkability
50 / 100
Limited Public Transit
Transit
30 / 100
Moderately Drivable
Drivability
70 / 100
Moderately Bikeable
Bikeability
70 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
Active
Soundscore™
70 / 100

Traffic

Active

Airport

Calm

Businesses

Busy

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from Russell Lamson.

Shopping Centers Distance
Shopping Centers Distance
The Villa Shopping Center
Drive: 4 min 1.8 mi
Ridgeway Plaza
Drive: 5 min 2.2 mi
Crossing Point Plaza
Drive: 5 min 2.7 mi
Russell Lamson has 3 shopping centers within 2.7 miles, which is about a 5-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Phelps Youth Pavilion
Walk: 7 min 0.4 mi
Grout Museum of History & Science
Walk: 7 min 0.4 mi
Bluedorn Science Imaginarium
Walk: 8 min 0.4 mi
Hartman Reserve Nature Center
Drive: 10 min 5.1 mi
Cedar Valley Arboretum & Botanic Gardens
Drive: 11 min 5.4 mi
Russell Lamson has 5 parks within 5.4 miles, including Phelps Youth Pavilion, Grout Museum of History & Science, and Bluedorn Science Imaginarium.
Hospitals Distance
Hospitals Distance
MercyOne Waterloo Medical Center
Drive: 5 min 2.4 mi
Allen Hospital
Drive: 4 min 2.8 mi
Sartori Memorial Hospital
Drive: 12 min 8.4 mi
Russell Lamson has 3 hospitals within 8.4 miles, the nearest is MercyOne Waterloo Medical Center which is 2.4 miles away and a 5 minute drive.
 
 

Reviews for Russell Lamson

3.3
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Russell Lamson Photos

  • Russell Lamson

  • 2BR, 2BA - 1,006 SF

  • Clubroom

  • Lobby

  • Lobby

  • Laundry Facility

  • Laundry Facility

  • Fitness Center

Nearby Apartments

Within 50 Miles of Russell Lamson

  • The Roosevelt

    200 1st Ave NE

    Cedar Rapids, IA 52401

    $996 - $1,357

    1-2 Br 49.4 mi

Frequently Asked Questions
Does Russell Lamson have in-unit laundry?

While Russell Lamson does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.

What utilities are included in rent at Russell Lamson?

Select utilities are included in rent at Russell Lamson, including gas, water, electricity, heat, trash removal, sewer, and air conditioning. Residents are responsible for any other utilities not listed.

Is parking available at Russell Lamson?

Parking is available at Russell Lamson. Contact this property for details.

Which floor plans are available, and what are the price ranges?

Russell Lamson has studios to three-bedrooms with rent ranges from $652/mo. to $1,145/mo.

Is Russell Lamson pet-friendly?

Yes, Russell Lamson welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at Russell Lamson?

A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $652 for a studio, you would need to earn about $26,080 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.

Does Russell Lamson have move-in specials?

Russell Lamson is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does Russell Lamson offer Matterport 3D tours?

Yes! Russell Lamson offers 2 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.

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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Learn How It Works

What is a Sound Score Rating?

A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.

Learn How It Works

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209 W 5th St

Waterloo, IA 50701

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