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Cheap Apartments for Rent in Cedar Falls, IA from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Cedar Falls.
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$720 - $1,2151 to 2 Bedroom Apartments Available Aug 8
Gold Falls Villa Apartments
1824 University DrCedar Falls, IA 50613
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$735 - $1,410Studio to 2 Bedroom Apartments Available Now
University Manor
1939 College StCedar Falls, IA 50613
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.
501 W 2nd St
Cedar FallsIA50613
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$795Studio Apartments Available Now
228 Spaces - Furnished Micro-Living Apartments
4117 University AveCedar Falls, IA 50613
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$800 - $1,095Studio Apartments Available Aug 7
Falls Edge Studios
4711 University AveCedar Falls, IA 50613
202 Magnolia Dr
Cedar FallsIA50613
1819 University Dr
Cedar FallsIA50613
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$845 - $1,0501 Bedroom Apartments Available Aug 12
Brentwood Estates - Furnished & Unfurnished
123 Brentwood DrCedar Falls, IA 50613
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2222 Walnut St
Cedar FallsIA50613
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$895 - $1,1501 to 2 Bedroom Apartments Available Now
Thunder Ridge Apartments
2206 Thunder Ridge BlvdCedar 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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700 W Ridgeway Ave
Cedar FallsIA50613
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.
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804 W 18th St
Cedar FallsIA50613
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Showing Results 1-25, Page 1 of 1
Cedar Falls, IA Local Guide
Big Woods Lake Sunset by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent an apartment in Cedar Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Cedar Falls Studio Apartments | $898 | $735 | $1,400 |
| Cheap Cedar Falls 1 Bedroom Apartments | $1,061 | $675 | $1,750 |
| Cheap Cedar Falls 2 Bedroom Apartments | $1,240 | $525 | $2,100 |
| Cheap Cedar Falls 3 Bedroom Apartments | $1,414 | $1,050 | $1,950 |
| Cheap Cedar Falls 4 Bedroom Apartments | $964 | $295 | $1,600 |
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: 07/27/2025Current 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 | $1,400 | $295 | 21 |
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 $295. 2610 College St - Cedar Falls has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Cedar Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences on College Hill | Private Bedroom in a 4BR Unit-Furnished Common ... | 4BR,1BA | $295 |
| 2610 College St - Cedar Falls | 1BR/1.0BA | 1BR,1BA | $700 |
| University Manor | Studio ( Aug '25 ) | Studio,1BA | $735 |
| 1106-1110 Kent Circle | Updated Cozy 1 Bedroom / 1 Bath Apartment in SW... | 1BR,1BA | $750 |
| 228 Spaces - Furnished Micro-Living Apartments | 2nd Floor Studio | Studio,1BA | $795 |
Best Value Apartments for Rent in Cedar Falls, IA
As of July 27, 2025 the best value apartment in the Cedar Falls area is the $0.65 price per square foot 2303 Olive St Model at 2303 Olive St, Unit 5 in the starting from $1,300. The second greatest value Cedar Falls apartment is the 2116 Olive St Model at 2116 Olive St, Unit 2 starting at $985 with a $0.96 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. |
|---|---|---|---|
| 2303 Olive St, Unit 5 | 2303 Olive St | 4BR,1.5BA | $0.65 |
| 2116 Olive St, Unit 2 | 2116 Olive St | 2BR,1BA | $0.96 |
| River Place | 2 Bedroom @ 300 State | 2BR,1BA | $1.53 |
| Pineview Place Apartments | Prime Waterloo Living: 2-Bedroom / 1-Bath Apart... | 2BR,1BA | $1.03 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
| Fountains at Greenhill | 2 Bedroom/1 Bathroom | 2BR,1BA | $1.35 |
| 4th Street Manor | 4th St 2 Bed/ 1 Bath | 2BR,1BA | $1.25 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $1.38 |
| Thunder Ridge Apartments | Furnished 1 Bedroom/1 Bath Apartment | 1BR,1BA | $1.56 |
| 1106-1110 Kent Circle | Updated Cozy 1 Bedroom / 1 Bath Apartment in SW... | 1BR,1BA | $1.56 |
Quick Rent Budget Calculator
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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
Cedar Falls High School
Cedar Falls Community School District
Public School - Grades 1-12 (1302)
6 out of 10
Holmes Junior High School
Cedar Falls Community School District
Public School - Grades 7-9 (639)
8 out of 10
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 $975.
What is the price of a cheap apartment in Cedar Falls?
The cheapest apartment in Cedar Falls is 2610 College St - Cedar Falls which is listed at $700, while the average apartment in Cedar Falls costs $1,400.
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 5 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 $317 which is $1,083 cheaper than the average rent for all rentals in Cedar Falls.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.