Cheap Apartments for Rent in Cedar Falls, IA from $420 (64 Rentals)

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

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.

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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.

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2723 Terrace Drive
1 Bedroom Apartments

2723 Terrace Drive

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

2007 College St

2007 College 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
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Walnut St 2115
1 to 2 Bedroom Apartments

Walnut St 2115

2115 Walnut StCedar Falls, IA 50613
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1404 Main St
1 to 2 Bedroom Apartments

1404 Main St

1404 Main StCedar Falls, IA 50613
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Pointe West Apartments
1 to 3 Bedroom Apartments

Pointe West Apartments

1901 W 18th StCedar Falls, IA 50613
Corporate Housing

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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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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Elmcrest
2 Bedroom Apartments

Elmcrest

1706-1720 Waterloo RdCedar Falls, IA 50613
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Main Street Crossing
2 Bedroom Apartments

Main Street Crossing

120 Balboa AveCedar Falls, IA 50613
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2311 Olive Street
2 to 4 Bedroom Apartments

2311 Olive Street

2311 Olive 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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Urban Flats South
Studio to 4 Bedroom Apartments

Urban Flats South

917 W 23rd StCedar Falls, IA 50613
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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

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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property at 1344 Meadow Ln
$850 - $875
2 Bedroom Rentals
Available Now

1344 Meadow Ln

WaterlooIA50701

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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Cedar Falls, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Falls, IA

Pricing Updated: 09/10/2026

Current apartment rentals in the Cedar Falls, IA area range in price from $1,100 to $2,800 with an overall median price of $1,662. Here is today’s list neighborhoods with the lowest median pricing for Cedar Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Cedar Falls$1,662$1,10012

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 $299. 1009 Thorndale Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $615. 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-W/D In Unit4BR,1BA$299
1009 Thorndale Ave1BR/1.0BA1BR,1BA$615
Brookside ApartmentsOne-Bedroom at our Brookside Apartments1BR,1BA$650
Kent CircleKent Circle 1 Bed/1 Bath1BR,1BA$750
228 Spaces2nd Floor StudioStudio,1BA$795
1653 Carriage Hill2BR/1.0BA2BR,1BA$795
Brentwood Estates ApartmentsBrentwood Unfurnished1BR,1BA$795
University Manor1 BR/ 1 BA (Aug '25)1BR,1BA$815
Gold Falls Villa Apartments2BR/1 Bath2BR,1BA$825

Best Value Apartments for Rent in Cedar Falls, IA

As of September 10, 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 4BR/2.0BA Model at 2321 Iowa St - Cedar Falls starting at $1,200 with a $0.80 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
2321 Iowa St - Cedar Falls4BR/2.0BA4BR,2BA$0.80
2116 Olive St, Unit 32116 Olive St3BR,1BA$0.95
Campus Townhomes3BR/2.0BA3BR,2BA$1.04
230 West Hills2BR/2.0BA2BR,2BA$1.04
Pointe West ApartmentsPointe West - 2-bedroom apartments2BR,2BA$1.00
Hillcrest Park Apartments-Student Housing4BR/2BA4BR,2BA$0.38
321 Clay St, Unit #1321 Clay St2BR,1BA$0.95
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.02
The Residences on College Hill4 Bed 1 Bath-W/D In Unit4BR,1BA$0.33

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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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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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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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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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 the Cheapest Studio apartment in Cedar Falls?

Currently the most affordable Cheap Studio Apartment in Cedar Falls is at 228 Spaces listed at $795.

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

The lowest price for a Cheap One Bedroom Cedar Falls Apartment is $615 at 1009 Thorndale Ave.

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 $795 at 1653 Carriage Hill.

What is the most affordable Cedar Falls Three Bedroom Apartment?

The best deal on a cheap Cedar Falls Three Bedroom Apartment rental is at Pineview Place Apartments and starts from $1,220.

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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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.