
Cheap Apartments for Rent in Cedar Falls, IA from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Cedar Falls.


2216 Merner Ave

Gold Falls Villa Apartments

University Manor

228 Spaces - Furnished Micro-Living Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Falls Edge Studios

1016 W 20th St, Unit 1016
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Cedar Falls, IA Local Guide

How much does it cost to rent an apartment in Cedar Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Cedar Falls Studio Apartments | $881 | $650 | $1,245 |
| Cheap Cedar Falls 1 Bedroom Apartments | $1,061 | $365 | $1,750 |
| Cheap Cedar Falls 2 Bedroom Apartments | $1,259 | $700 | $2,100 |
| Cheap Cedar Falls 3 Bedroom Apartments | $1,469 | $915 | $1,950 |
| Cheap Cedar Falls 4 Bedroom Apartments | $1,329 | $460 | $1,800 |
Browse Top Apartments in Cedar Falls
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Cedar Falls, IA Local Guide
- Cedar Falls Neighborhoods
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Cheapest Neighborhoods for Apartments in Cedar Falls, IA
Pricing Updated: 12/12/2025Current apartment rentals in the Cedar Falls, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Cedar Falls Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Cedar Falls | $1,550 | $365 | 17 |
Cheapest Available Cedar Falls Apartments for Rent
 The cheapest available apartment rental in Cedar Falls, IA is a 2 Beds unit found at Gold Falls Villa Apartments priced from $725. 1106-1110 Kent Circle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Cedar Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gold Falls Villa Apartments | 2BR/1 Bath | 2BR,1BA | $725 |
| 1106-1110 Kent Circle | Updated Cozy 1 Bedroom / 1 Bath Apartment in SW... | 1BR,1BA | $750 |
| University Manor | 1 BR/ 1 BA (Dec'25 and Jan' 26 ) | 1BR,1BA | $770 |
| 1637 Carriage Hill | 2BR/1.0BA | 2BR,1BA | $795 |
| 228 Spaces - Furnished Micro-Living Apartments | 2nd Floor Studio | Studio,1BA | $795 |
Best Value Apartments for Rent in Cedar Falls, IA
As of December 12, 2025 the best value apartment in the Cedar Falls area is the $1.06 price per square foot 122 Main St Model at 122 Main St, Unit 1 in the in the Downtown Cedar Falls neighborhood starting from $1,700. The second greatest value Cedar Falls apartment is the 4BR/2BA Model at Hillcrest Park Apartments-Student Housing starting at $460 with a $0.42 price per square foot . Here is today’s list of the best values for Cedar Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 122 Main St, Unit 1 | 122 Main St | 2BR,2BA | $1.06 |
| Hillcrest Park Apartments-Student Housing | 4BR/2BA | 4BR,2BA | $0.42 |
| Pineview Place Apartments | 2 Bedroom/1 Bath | 2BR,1BA | $1.03 |
| Whispering Meadows Condominiums | Two Bedroom w/Attached Garage | 2BR,2BA | $1.20 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
| Cedar Village Community | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| Residences on College Hill | 4 Bedroom Apartment Near UNI — Only $1,400/mo (... | 4BR,1BA | $0.99 |
| Pointe West Apartments | Pointe West - 1-bedroom apartments | 1BR,1BA | $1.13 |
| 2218 Merner Ave, Unit #3 | 2218 Merner Ave | 2BR,1BA | $1.23 |
| 1637 Carriage Hill | 2BR/1.0BA | 2BR,1BA | $1.10 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Cedar Falls, IA
Cedar Falls High School
Holmes Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cedar Falls, IA Rentals by Map
See the most popular apartments and homes in Cedar Falls, IA
Getting Around Cedar Falls, IA
Walk Score®
46 / 100
Car-Dependent
Most errands require a car
Bike Score®
61 / 100
Bikeable
Some bike infrastructure
Transit Score®
20 / 100
Minimal Transit
It may be possible to get on a bus
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 Cheap Cedar Falls Apartments
What is a cheap apartment in Cedar Falls?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cedar Falls is under $900.
What is the price of a cheap apartment in Cedar Falls?
The cheapest apartment in Cedar Falls is 1106-1110 Kent Circle which is listed at $750, while the average apartment in Cedar Falls costs $1,550.
What types of apartments are the cheapest in Cedar Falls?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Cedar Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Cedar Falls?
Cheap apartments in Cedar Falls have an average cost of $249 which is $1,301 cheaper than the average rent for all rentals in Cedar Falls.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.







