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.
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Monthly Rent
$652 - $1,145
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Bedrooms
Studio - 3 bd
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Bathrooms
1 - 2 ba
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Square Feet
396 - 1,323 sq ft
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.
Highlights
- Walk-In Closets
- Controlled Access
- Elevator
- Property Manager on Site
- Business Center
Pricing & Floor Plans
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.
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$25
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Due at Application
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Cats
Max of 2Restrictions:Deposit is $300Read More Read Less
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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
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Gas
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Water
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Electricity
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Heat
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Trash Removal
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Sewer
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Air Conditioning
Lease Options
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12 mo
Property Information
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Built in 1913
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90 units/8 stories
Matterport 3D Tours
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
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
How To Qualify
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 WaterlooCompare 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 |
- 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
| Monday | 8am - 5pm |
|---|---|
| Tuesday | 8am - 5pm |
| Wednesday | 8am - 5pm |
| Thursday | 8am - 5pm |
| Friday | 8am - 5pm |
| Saturday | By Appointment |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 5 min | 3.0 mi | |
| Drive: | 11 min | 5.5 mi | |
| Drive: | 13 min | 7.0 mi | |
| Drive: | 30 min | 21.2 mi |
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.
Russell Lamson Photos
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Russell Lamson
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2BR, 2BA - 1,006 SF
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Clubroom
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Lobby
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Lobby
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Laundry Facility
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Laundry Facility
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Fitness Center
Nearby Apartments
Within 50 Miles of Russell Lamson
While Russell Lamson does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.
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.
Parking is available at Russell Lamson. Contact this property for details.
Russell Lamson has studios to three-bedrooms with rent ranges from $652/mo. to $1,145/mo.
Yes, Russell Lamson welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
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.
Russell Lamson is not currently offering any rent specials. Check back soon, as promotions change frequently.
Yes! Russell Lamson offers 2 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
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.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.