Commonwealth Apartments

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(319) 304-1638
Check Availability
1400 2nd Ave SW, Cedar Rapids, IA 52403

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Contact

Commonwealth

1400 2nd Ave SW
Cedar Rapids, IA 52403
(319) 304-1638
Commonwealth in Cedar Rapids, IA - Building Photo
  • Studio–2 Bedrooms
  • $855Pricing
  • 482–910Square Feet

About Commonwealth

Discover comfort, community, and convenience at Commonwealth Senior Apartments, a vibrant senior living community nestled in the heart of Cedar Rapids, IA. Residents can take advatage of numerous amenities.

Commonwealth is located in the Downtown Cedar Rapids Neighborhood and 52403 Zip code of Cedar Rapids, IA.

Property Contact Info

Ask About Our Move-In Specials

Floorplan Pricing and Availability

Commonwealth offers Studio to 2 Bedroom apartments starting from $855 and having 482–910 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees

  • Studio

    Studio Studio 30%

    Studio, 1 Bath, 482 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $448Call for AvailabilityStudio Studio 30%482 sq ft$500

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $448

    Deposit

    • $500 deposit

    Studio Studio 50%

    Studio, 1 Bath, 482 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $804Call for AvailabilityStudio Studio 50%482 sq ft$500

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $804

    Deposit

    • $500 deposit

    Studio Studio MKT

    Studio, 1 Bath, 482 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $900Call for AvailabilityStudio Studio MKT482 sq ft$500

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $900

    Deposit

    • $500 deposit

  • 1 Bedroom

    1BR 1 Bedroom 50%

    $855

    1 Bed, 1 Bath, 676 sq ft
    Available Mar 5

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $855 March 5, 20261-109676
    $855 March 5, 20261-311676

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $855

    Deposit

    • $500 deposit

    Unit 1-109 Rent and Fees

    Unit Price

    • $855
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $855

    Unit 1-311 Rent and Fees

    Unit Price

    • $855
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $855

    1BR 1 Bedroom 30%

    1 Bed, 1 Bath, 676 sq ft
     

    Model Gallery

    Floorplans

    Photos

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $473Call for Availability1BR 1 Bedroom 30%676 sq ft$500

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $473

    Deposit

    • $500 deposit

    1BR 1 Bedroom MKT

    1 Bed, 1 Bath, 676 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $915Call for Availability1BR 1 Bedroom MKT676 sq ft$500

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $915

    Deposit

    • $500 deposit
    Show Unavailable Floorplans

  • 2 Bedrooms

    2BR 2 Bedroom 30%

    2 Beds, 2 Baths, 910 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $564Call for Availability2BR 2 Bedroom 30%910 sq ft$500

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $564

    Deposit

    • $500 deposit

    2BR 2 Bedroom 50%

    2 Beds, 2 Baths, 910 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,021Call for Availability2BR 2 Bedroom 50%910 sq ft$500

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,021

    Deposit

    • $500 deposit
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.

Schedule a Tour

Schedule a Tour
Call us at: (319) 304-1638 to schedule a tour.

Property Information

Income Restrictions At Commonwealth

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

# PersonsAnnual Income
1$37,560
2$42,900
3$48,240
4$53,580
5$57,900
income restriction

To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.

Lease Terms

  • 11, 12, 13, 22, 23, 24, 26, 37, 46 mo
Ask About Our Lease Terms

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. Use the Cost Calculator to determine costs based on your needs.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$18

Other Fees

Pet Fees

Other Pet

One-Time Pet FeeiCharged Per Pet.$200
Pet DepositiCharged per Pet.$0
Monthly Pet FeeiCharged Per Pet.$45

Others

    Restrictions:

    Storage Fees

    Storage Unit

    Storage DepositiCharged per rentable item.$0
    Storage RentiCharged per rentable item.$0/mo

    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.

    Features and Amenities

    Interior Features

    • Windows
    Ask About Our Amenities
    Google Map

    Map

    1400 2nd Ave SW, Cedar Rapids, IA 52403
    Schedule a Time to Come See Us

    Hours and Contact Info

    Call Us - Open Now!
    Currently Closed
    By Appointment
    (319) 304-1638
    Monday9:00 am–5:00 pm
    Tuesday9:00 am–5:00 pm
    Wednesday9:00 am–5:00 pm
    Thursday9:00 am–5:00 pm
    Friday9:00 am–5:00 pm
    SaturdayClosed
    SundayClosed
    Ask About Live Online Tours

    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.

    Frequently Asked Questions about Commonwealth

    Where is Commonwealth located?

    Commonwealth is located at 1400 2nd Ave SW near the Downtown Cedar Rapids area of Cedar Rapids, IA

    What is the current rent range at Commonwealth?

    Studio at Commonwealth currently start from $855. Call today for more info!

    When is the leasing office open?

    • The office Hours for Commonwealth are
    • Monday 9:00 am–5:00 pm
    • Tuesday 9:00 am–5:00 pm
    • Wednesday 9:00 am–5:00 pm
    • Thursday 9:00 am–5:00 pm
    • Friday 9:00 am–5:00 pm
    • Saturday Closed
    • Sunday Closed

    Are pets allowed?

    Call us today to find out our pet policy and if we allow pets

    Lifestyle Ratings

    • Affordability Nice Value3.2

      The Commonwealth Apartments are 57.33% cheaper than the average apartment in the Downtown Cedar Rapids area, and 52.13% cheaper than the average apartment city-wide.

      Rent Comparison to the Downtown Cedar Rapids Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      1 Bedroom$473$1,144-$671-58.7%
      Studio$448$1,040-$592-56.9%
      2 Bedroom$564$1,295-$731-56.4%

      Rent Comparison to the city of Cedar Rapids

      FloorplanLowest Price HereCity Average RentCost Difference%
      1 Bedroom$473$989-$516-52.2%
      Studio$448$996-$548-55.0%
      2 Bedroom$564$1,111-$547-49.2%

      Methodology: On 02/25/2026, ApartmentHomeLiving.com compared current rents by floorplan to 254 other apartment communities in the immediate area around Commonwealth (Downtown Cedar Rapids), and 466 other apartment communities in Cedar Rapids using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

      Rent Pricing Data as of 02/25/2026

    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    4.0
    0 Renters Reviews
    ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

    Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

    Nearby Schools

    McKinley Middle School

    Cedar Rapids Community
    620 10th Street Southeast
    Public School - Grades 6-8 (448 Students)
    In Attendance Zone1 minute drive / 0.6 miles away
    4/10

    Johnson STEAM Academy School

    Cedar Rapids Community
    355 18th Street Southeast
    Public School - Grades K-5 (346 Students)
    In Attendance Zone1 minute drive / 0.4 miles away
    1/10

    George Washington High School

    Cedar Rapids Community
    2205 Forest Drive Southeast
    Public School - Grades 9-12 (1291 Students)
    In Attendance Zone3 minute drive / 1.3 miles away
    3/10
    Contact Us About Nearby Schools
    School data provided by GreatSchools.
    details
    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 scale of 1 (below average) and 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 needs as part of the school selection process.

    About GreatSchools Data on ApartmentHomeLiving.com.

    Points of Interest

    Time and distance from Commonwealth.

    Big Box and Retail

    Walgreens

    2821 1st Ave SE
    4 minute drive / 1.35 miles away

    Autozone

    2714 Mount Vernon Rd SE
    4 minute drive / 1.46 miles away

    Kohl's

    361 Collins Rd
    5 minute drive / 2.6 miles away

    Colleges and Universities

    Mount Mercy University

    1330 Elmhurst Dr NE
    2 minute drive / 0.88 miles away

    Kirkwood Community College

    6301 Kirkwood Boulevard Southwest
    11 minute drive / 5.52 miles away

    Groceries

    Hy-Vee

    2405 Mount Vernon Rd SE
    3 minute drive / 1.28 miles away

    Aldi

    5425 Blairs Forest Blvd NE
    7 minute drive / 3.51 miles away

    Hospitals

    St. Lukes Hospital

    1026 A Ave Ne
    1 minute drive / 0.55 miles away

    Mercy Medical Center - Cedar Rapids

    701 10th Street Se
    2 minute drive / 0.81 miles away

    Shopping Centers

    Vernon Heights Plaza

    2315-2323 Mount Vernon Rd SE
    3 minute drive / 1.26 miles away

    Duchess Plaza

    409-427 3rd Ave SW
    5 minute drive / 1.81 miles away

    Vernon Village

    3501 Mt Vernon Rd SE
    5 minute drive / 1.93 miles away

    Commonwealth has 5 shopping centers within 2.2 miles.

    Nearby Neighborhoods

    Wellington Heights

    Studio to 3 Bedroom Apartments from $448
    View Rentals

    Grande Avenue

    Studio to 3 Bedroom Apartments from $448
    View Rentals

    Mound View

    Studio to 3 Bedroom Apartments from $448
    View Rentals

    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Cedar Rapids Studio Apartments $996$448$1,395
    Cedar Rapids 1 Bedroom Apartments $989$445$1,650
    Cedar Rapids 2 Bedroom Apartments $1,111$450$1,850
    Cedar Rapids 3 Bedroom Apartments $1,397$425$2,618
    Cedar Rapids 4 Bedroom Apartments $1,555$1,090$2,411

    Browse Top Apartments in Cedar Rapids

    By Price

    By Community Type

    By Amenities

    Viewing: Commonwealth | Desktop Version | Listing Updated: 02/24/2026 | AHLSLV