Past & Present
Living Harmoniously Together

Affordable Apartments
In Downtown Waterloo

The Rusell-Lamson Hotel was built in 1914 and was once called “one of the most complete, up-to-date and modern hotels to be found anywhere on the American continent.” Now, the building has a new life as remodeled affordable apartments that offer both community amenities and restored architectural pieces long forgotten, like the magnificent lobby windows. The building was placed on the National Register of Historic Places in 2011.

These 90 affordable apartments range from studios to 3-bedrooms, offering comfortable living at a truly affordable price. Become a part of the vibrant Russell Lamson community today!

Equal Housing Statement 
Russell Lamson is an equal housing provider and operates under Fair Housing laws in Iowa. The Fair Housing Act prohibits discrimination in the rental of dwellings and in other housing-related services because of race, color, religion, sex (including sexual orientation and gender identity), national origin, disability or familial status (children under eighteen being present, seeking legal custody of minor children, or pregnancy).

Income Restrictions
The affordable housing program at Russell Lamson offers income-restricted housing options for qualified applicants. Income-restriction limits and associated criteria are set by state, federal, and other applicable regulatory guidelines. To determine your eligibility or to learn more, please reach out to our leasing office. Visit our Rental Requirements page to get started.

Equal Housing Opportunity Icon   Accessibility icon for Russell Lamson in Waterloo, Iowa

Smiling woman with long hair and sweater at Russell Lamson in Waterloo, Iowa

Rental Requirements
Affordable Housing

Income restriction limits and associated criteria are set by state, federal, and other applicable regulatory guidelines. To determine your eligibility or to learn more, please reach out to our leasing office. Visit our Rental Requirements page to get started.

Learn More

Where
Life Feels Good

Brick building with multiple windows at Russell Lamson in Waterloo, Iowa
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Sign with
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Brown leather sofas with decorative pillows at Russell Lamson in Waterloo, Iowa
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Seating area with checkered floor and plants at Russell Lamson in Waterloo, Iowa
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Wooden cabinets with silver handles at Russell Lamson in Waterloo, Iowa
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Kitchen with dark wood cabinets and appliances at Russell Lamson in Waterloo, Iowa
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Wooden table with dishes and drinks at Russell Lamson in Waterloo, Iowa
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Leather seating with a glass coffee table at Russell Lamson in Waterloo, Iowa
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Seating area with a large sectional sofa at Russell Lamson in Waterloo, Iowa
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Light-colored walls with large windows at Russell Lamson in Waterloo, Iowa
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Two patterned chairs and a table at Russell Lamson in Waterloo, Iowa
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Archway leading to kitchen and hallway at Russell Lamson in Waterloo, Iowa
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Light-colored walls and carpeted flooring at Russell Lamson in Waterloo, Iowa
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Empty room with windows and carpet at Russell Lamson in Waterloo, Iowa
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Two windows with blinds and a lamp at Russell Lamson in Waterloo, Iowa
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Carpeted living area with multiple windows at Russell Lamson in Waterloo, Iowa
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White bathtub with showerhead and tile surround at Russell Lamson in Waterloo, Iowa
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Brick building with multiple windows at Russell Lamson in Waterloo, Iowa
Sign with
Brown leather sofas with decorative pillows at Russell Lamson in Waterloo, Iowa
Seating area with checkered floor and plants at Russell Lamson in Waterloo, Iowa
Wooden cabinets with silver handles at Russell Lamson in Waterloo, Iowa
Kitchen with dark wood cabinets and appliances at Russell Lamson in Waterloo, Iowa
Wooden table with dishes and drinks at Russell Lamson in Waterloo, Iowa
Leather seating with a glass coffee table at Russell Lamson in Waterloo, Iowa
Seating area with a large sectional sofa at Russell Lamson in Waterloo, Iowa
Light-colored walls with large windows at Russell Lamson in Waterloo, Iowa
Two patterned chairs and a table at Russell Lamson in Waterloo, Iowa
Archway leading to kitchen and hallway at Russell Lamson in Waterloo, Iowa
Light-colored walls and carpeted flooring at Russell Lamson in Waterloo, Iowa
Empty room with windows and carpet at Russell Lamson in Waterloo, Iowa
Two windows with blinds and a lamp at Russell Lamson in Waterloo, Iowa
Carpeted living area with multiple windows at Russell Lamson in Waterloo, Iowa
White bathtub with showerhead and tile surround at Russell Lamson in Waterloo, Iowa

Resident Amenities
That Suit You

We offer a full list of resident amenities and apartment features to make your life a little easier:

Community Amenities

  • First floor restaurant & beauty shop
  • Fitness room
  • Business center
  • Laundry facilities on site
  • Controlled access entry
  • 24-Hour Emergency Maintenance
  • Property manager & maintenance on site
  • Elevators

Apartment Amenities

  • Carpet & vinyl plank flooring
  • Microwave, oven, & refrigerator
  • Central heat & AC
  • Utilities paid
Living room with sofa and coffee table at Russell Lamson in Waterloo, Iowa

Affordable
Studio, 1, 2 & 3 Bedroom Homes

Two wine glasses clinking together at Russell Lamson in Waterloo, Iowa

Explore
Downtown Waterloo

Located a block from the Cedar River and within walking distance of the Farmers Market and other dining options, Russell Lamson is an accessible place to live. There is plenty to do with a thriving arts and museum district, dozens of locally-owned restaurants, 11 major annual festivals, and more. Numerous bus lines and nearby freeway access will get you to where you need to go. Visit today and see the vibrant community within this revitalized Waterloo icon.