Commonwealth Apartments

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1400 2nd Ave SW, Cedar Rapids, IA 52403
(319) 304-1638
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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
  • $448-$1,021Pricing
  • 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. This community is professionally managed by Elmington Capital Group

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:

  • 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 Oct 11

    Availability Details

    PriceAvailability DateUnitSq Ft
    $855 October 11, 20251-504676

    Model Amenities and Features

    Features

    • Windows

    Unit 1-504 Rent and Fees

    Unit Price

    • $855

    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 and may not include non-optional fees and utilities. 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 below are based on community-supplied data and may exclude additional fees and utilities.

Required Fees

One-Time Move-In Fees

Due at Application
Application Fee Per Applicant$18

Other Fees

Personal Add-Ons

One-Time Pet Fee$200
Monthly Pet Fee$45
Pet Deposit$0

Storage Fees

Storage Unit

Storage Deposit$0
Storage Rent$0/mo
Storage Rent$0/mo
Storage Deposit$0

Pet Policy and Fees

Others

  • $45 Monthly Pet Rent
  • $200 Fee
Restrictions:

Features and Amenities

Interior Features

  • Windows
Ask About Our Amenities
Google Map

Map

1400 2nd Ave SW, Cedar Rapids, IA 52403

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

Getting Around

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

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 52.33% cheaper than the average apartment in the Downtown Cedar Rapids area, and 48.73% 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$957-$484-50.6%
    Studio$448$922-$474-51.4%
    2 Bedroom$564$1,252-$688-55.0%

    Rent Comparison to the city of Cedar Rapids

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$473$894-$421-47.1%
    Studio$448$895-$447-49.9%
    2 Bedroom$564$1,111-$547-49.2%

    Methodology: On 10/05/2025, ApartmentHomeLiving.com compared current rents by floorplan to 268 other apartment communities in the immediate area around Commonwealth (Downtown Cedar Rapids), and 487 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 10/05/2025

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 4 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 $895$448$1,395
Cedar Rapids 1 Bedroom Apartments $894$440$4,725
Cedar Rapids 2 Bedroom Apartments $1,111$485$5,455
Cedar Rapids 3 Bedroom Apartments $1,437$425$2,522
Cedar Rapids 4 Bedroom Apartments $1,299$1,090$1,620

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Viewing: Commonwealth | Desktop Version | Listing Updated: 10/03/2025 | AHLSLV