Cheap Apartments for Rent in Cedar Falls, IA from $300 (60 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.

property at 2515 Olive St

$850 - $975

2 To 3 Bedroom Rentals

Available Jun 1

2515 Olive St

Cedar FallsIA50613
property at 2311 Olive St

$860 - $1,395

2 To 4 Bedroom Rentals

Available Jun 1

2311 Olive St

Cedar FallsIA50613

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.

property at 2103 Olive St

$1,224

Total Monthly Price

Total Monthly Price

Base Rent
$1,224

Total Monthly Price
$1,224

3 Bedroom, 1 Bath Home for Rent

Available May 20

2103 Olive St

Cedar FallsIA50613

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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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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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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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Urban Flats South
Studio to 4 Bedroom Apartments

Urban Flats South

917 W 23rd StCedar Falls, IA 50613
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1804 College St
1 to 3 Bedroom Apartments

1804 College St

1804 College StCedar Falls, IA 50613
Student Housing
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2020 College St
1 to 3 Bedroom Apartments

2020 College St

2020 College StCedar Falls, IA 50613
Student Housing
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Cedar Falls, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Falls, IA

Pricing Updated: 04/28/2026

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$2,450$7505

Cheapest Available Cedar Falls Apartments for Rent

 

The cheapest available apartment rental in Cedar Falls, IA is a 4 Beds unit found at 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 $475. Here is today’s list of the most affordable Cedar Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Residences on College Hill4 Bed 1 Bath Apartment4BR,1BA$350
Brookside Apartments1BR / 1BA1BR,1BA$475
2321 Iowa St - Cedar Falls1BR/1.0BA1BR,1BA$750
Kent CircleUpdated Cozy 1 Bedroom / 1 Bath Apartment in SW...1BR,1BA$760
228 Spaces - Furnished Micro-Living Apartments2nd Floor StudioStudio,1BA$795
Brentwood Estates ApartmentsSpacious One-Bedroom Apartment – Comfortable, P...1BR,1BA$795
Falls Edge StudiosStudio B REVStudio,1BA$815

Best Value Apartments for Rent in Cedar Falls, IA

As of April 28, 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 Beautiful HUGE 3 Bedroom/2 Bath Apartment in Gr... Model at Pineview Place Apartments starting at $1,220 with a $1.02 price per square foot . 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
Pineview Place ApartmentsBeautiful HUGE 3 Bedroom/2 Bath Apartment in Gr...3BR,2BA$1.02
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
Residences on College Hill4 Bed 1 Bath Apartment4BR,1BA$0.39
2116 Olive St2116 Olive St1BR,1BA$0.95
Thunder Ridge ApartmentsConveniently Located 2 Bedroom/1 Bathroom Apart...2BR,1BA$1.34
Brookside Apartments1BR / 1BA1BR,1BA$0.68
Brentwood Estates ApartmentsSpacious One-Bedroom Apartment – Comfortable, P...1BR,1BA$1.32

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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Quick 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.

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

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Frequently Asked Questions about Cheap Cedar Falls Apartments

What is the Cheapest Studio apartment in Cedar Falls?

Currently the most affordable Cheap Studio Apartment in Cedar Falls is at 2321 Iowa St - Cedar Falls listed at $750.

How much is rent for a Cheap One Bedroom Cedar Falls Apartment?

The lowest price for a Cheap One Bedroom Cedar Falls Apartment is $475 at Brookside Apartments.

What is the lowest price for a Cheap Two Bedroom Cedar Falls Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cedar Falls is starting from $950 at Elmcrest.

What is the most affordable Cedar Falls Three Bedroom Apartment?

The best deal on a cheap Cedar Falls Three Bedroom Apartment rental is at Cedar Village Community and starts from $1,095.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.