
Cheap Apartments for Rent in Cedar Falls, IA from $300 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Cedar Falls.


201 Main St

Total Monthly Price
1315 1st W St

Gold Falls Villa Apartments

Total Monthly Price
2303 Olive St, Unit 1

Park @ Nine23

228 Spaces

University Manor
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Brentwood Estates Apartments

Falls Edge Studios

Thunder Ridge Apartments

Elmcrest

501 W 2nd St

Cedar Village Community

2311 Olive Street

2311 Olive St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2610 College St

2723 Terrace Drive

2007 College St

2321 Iowa St

Cedar Square

700 W Ridgeway Ave

603 Iowa St

1404 Main St
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.

Pointe West Apartments

804 W 18th St

Main Street Crossing

804 W 18th St

Brookside Apartments

Kent Circle

Kingswood Place

4th Street Manor
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.

Kinsale Condominiums

102 South St

1937 Pinehurst Ln

1254 W Mullan Ave

1637 Carriage Hill Dr

1272 W Mullan Ave

Westwood Apartments

3271 Ansborough Ave
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.

409 Norwood Ave

414 Randall St
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 | $1,041 | $645 | $1,395 |
| Cheap Cedar Falls 1 Bedroom Apartments | $1,019 | $625 | $1,570 |
| Cheap Cedar Falls 2 Bedroom Apartments | $1,384 | $815 | $2,200 |
| Cheap Cedar Falls 3 Bedroom Apartments | $1,417 | $995 | $2,500 |
| Cheap Cedar Falls 4 Bedroom Apartments | $1,712 | $552 | $2,400 |
Browse Top Apartments in Cedar Falls
See all Apartments in Cedar FallsExplore Cedar Falls
Cedar Falls, IA Local Guide
- Cedar Falls Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Cedar Falls, IA
Pricing Updated: 07/27/2026Current 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 | $1,600 | $625 | 19 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $350 |
| Brookside Apartments | One-Bedroom Apartment | 1BR,1BA | $650 |
| Kingswood Place | Huge Updated One Bedroom Apartment with Walk-in... | 1BR,1BA | $775 |
| University Manor | 1 BR/ 1 BA (Aug '25) | 1BR,1BA | $815 |
| Gold Falls Villa Apartments | 2BR/1 Bath | 2BR,1BA | $815 |
| Thunder Ridge Apartments | Stylish 1 Bedroom/1 Bathroom Apartment with Bal... | 1BR,1BA | $920 |
| Park @ Nine23 | b1sw | 2BR,1BA | $930 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $950 |
Best Value Apartments for Rent in Cedar Falls, IA
As of July 27, 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, Unit 3 starting at $1,250 with a $0.95 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1003 Bluff St, Unit 1003 Bluff St | 1003 Bluff St | 4BR,2BA | $0.97 |
| 2116 Olive St, Unit 3 | 2116 Olive St | 3BR,1BA | $0.95 |
| Hillcrest Park Apartments-Student Housing | 4BR/2BA | 4BR,2BA | $0.50 |
| Pineview Place Apartments | Prime Waterloo Living: 2-Bedroom / 1-Bath Apart... | 2BR,1BA | $1.05 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.02 |
| Cedar Village Community | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $0.39 |
| Kingswood Place | Huge Updated One Bedroom Apartment with Walk-in... | 1BR,1BA | $1.05 |
| 2303 Olive St, Unit 1 | 2303 Olive St | 1BR,1BA | $1.15 |
| University Manor | 1 BR/ 1 BA (Aug '25) | 1BR,1BA | $1.27 |
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 ArticleReal 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.
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
Peet 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
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 $950.
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 $1,600.
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 2 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 $984 which is $616 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.