Cheap Apartments for Rent in Cedar Falls, IA from $300 (16 Rentals)

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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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2723 Terrace Drive
1 Bedroom Apartments

2723 Terrace Drive

2723 Terrace DrCedar Falls, IA 50613
  • 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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Cedar Square
2 to 3 Bedroom Apartments

Cedar Square

1813 W 8th StCedar 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

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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1637 Carriage Hill
2 Bedroom Apartments

1637 Carriage Hill

1637 Carriage Hill DrWaterloo, IA 50701

Cedar Falls, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Falls, IA

Pricing Updated: 01/27/2026

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$1,600$36519

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 ListingModel NameBed/BathPriced From
Gold Falls Villa Apartments2BR/1 Bath2BR,1BA$725
1106-1110 Kent CircleUpdated Cozy 1 Bedroom / 1 Bath Apartment in SW...1BR,1BA$750
University Manor1 BR/ 1 BA (NOW )1BR,1BA$770
228 Spaces - Furnished Micro-Living Apartments2nd Floor StudioStudio,1BA$795
Falls Edge StudiosStudio B REVStudio,1BA$795

Best Value Apartments for Rent in Cedar Falls, IA

As of January 27, 2026 the best value apartment in the Cedar Falls area is the $0.99 price per square foot Pointe West - 2-bedroom apartments Model at Pointe West Apartments in the starting from $1,090. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pointe West ApartmentsPointe West - 2-bedroom apartments2BR,2BA$0.99
Hillcrest Park Apartments-Student Housing4BR/2BA4BR,2BA$0.42
Whispering Meadows CondominiumsTwo Bedroom w/Attached Garage2BR,2BA$1.20
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Fountains at Greenhill2 Bedroom/1 Bathroom2BR,1BA$1.35
Cedar Village Community2 Bed 1 Bath2BR,1BA$1.08
Residences on College Hill4 Bedroom Apartment Near UNI — Only $1,400/mo (...4BR,1BA$0.99
2116 Olive St, Unit 12116 Olive St1BR,1BA$0.99
4th Street Manor4th St 2 Bed/ 1 Bath2BR,1BA$1.25
University Manor1 BR/ 1 BA (NOW )1BR,1BA$1.26

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!

Explore Cedar Falls, IA Rentals by Map

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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 $895.

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 $1,600.

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 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 $289 which is $1,311 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

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.