Cheap Apartments for Rent in Cedar Falls, IA from $300 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cedar Falls.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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property at 2311 Olive St

$995 - $1,095

3 Bedroom Rentals

Available Now

2311 Olive St

Cedar FallsIA50613
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2610 College St
1 to 2 Bedroom Apartments

2610 College St

2610 College StCedar Falls, IA 50613
Student Housing
  • Utilities Included
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2723 Terrace Drive
1 Bedroom Apartments

2723 Terrace Drive

2723 Terrace DrCedar Falls, IA 50613
  • Utilities Included
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2007 College St
1 to 3 Bedroom Apartments

2007 College St

2007 College StCedar Falls, IA 50613
Student Housing
  • Utilities Included
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2321 Iowa St
Studio to 4 Bedroom Apartments

2321 Iowa St

2321 Iowa StCedar Falls, IA 50613
Student Housing
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Cedar Square
2 to 3 Bedroom Apartments

Cedar Square

1813 W 8th StCedar Falls, IA 50613
  • Utilities Included
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1404 Main St
1 to 2 Bedroom Apartments

1404 Main St

1404 Main StCedar Falls, IA 50613

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.

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Pointe West Apartments
1 to 3 Bedroom Apartments

Pointe West Apartments

1901 W 18th StCedar Falls, IA 50613
Corporate Housing
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804 W 18th St
2 to 3 Bedroom Apartments

804 W 18th St

804 W 18th StCedar Falls, IA 50613
Student Housing
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Main Street Crossing
2 Bedroom Apartments

Main Street Crossing

120 Balboa AveCedar Falls, IA 50613
  • Utilities Included
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1937 Pinehurst Ln
1 Bedroom Apartments

1937 Pinehurst Ln

1937 Pinehurst LnWaterloo, IA 50701
  • Utilities Included

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.

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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 1

Cedar Falls, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Falls, IA

Pricing Updated: 06/12/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Cedar Falls$1,405$39529

Cheapest Available Cedar Falls Apartments for Rent

 

The cheapest available apartment rental in Cedar Falls, IA is a 4 Beds unit found at The Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $350. Brookside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Cedar Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences on College Hill4 Bed 1 Bath Apartment4BR,1BA$350
Brookside ApartmentsOne-Bedroom Apartment1BR,1BA$650
Gold Falls Villa Apartments1 BR/ 1 Bath1BR,1BA$715
Kingswood Place ApartmentsKingswood 1 Bed/1 Bath1BR,1BA$795
Falls Edge StudiosStudio B REVStudio,1BA$800
University Manor1 BR/ 1 BA (June & Aug '25)1BR,1BA$815

Best Value Apartments for Rent in Cedar Falls, IA

As of June 12, 2026 the best value apartment in the Cedar Falls area is the $0.97 price per square foot 1003 Bluff St Model at 1003 Bluff St, Unit 1003 Bluff St in the in the Downtown Cedar Falls neighborhood starting from $1,600. The second greatest value Cedar Falls apartment is the 2116 Olive St Model at 2116 Olive St starting at $1,350 with a $1.02 price per square foot in the Downtown Cedar Falls neighborhood. Here is today’s list of the best values for Cedar Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1003 Bluff St, Unit 1003 Bluff St1003 Bluff St4BR,2BA$0.97
2116 Olive St2116 Olive St3BR,1BA$1.02
2311 Olive St3BR/1.0BA3BR,1BA$0.90
Hillcrest Park Apartments-Student Housing4BR/2BA4BR,2BA$0.42
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.02
Cedar Village Community2 Bed 1 Bath2BR,1BA$1.08
1311 W 1st St, Unit 221311 W 1st St1BR,1BA$1.05
Kingswood Place ApartmentsKingswood 1 Bed/1 Bath1BR,1BA$1.08
University Manor1 BR/ 1 BA (June & Aug '25)1BR,1BA$1.27
Brookside ApartmentsOne-Bedroom Apartment1BR,1BA$1.30

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Best Local Schools in
Cedar Falls, IA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Cedar Falls, IA Rentals by Map

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See the most popular apartments and homes in Cedar Falls, IA

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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 $815.

What is the price of a cheap apartment in Cedar Falls?

The cheapest apartment in Cedar Falls is Brookside Apartments which is listed at $650, while the average apartment in Cedar Falls costs $1,405.

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 4 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 $715 which is $690 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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.