2107 Olive St
Cedar FallsIA50613
Cheap Apartments for Rent in the Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Cedar Falls area of Cedar Falls.
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$815 - $1,0551 to 2 Bedroom Apartments Available Now
University Manor
1939 College StCedar Falls, IA 50613
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$950
Total Monthly Price
2 Bedroom Apartment Available Jul 6Total Monthly Price
Base Rent
$950
Total Monthly Price
$950
410 W 4th St
410 W 4th StCedar Falls, IA 50613
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$9502 Bedroom Apartments Available Now
Elmcrest
1706-1720 Waterloo RdCedar Falls, IA 50613
501 W 2nd St
Cedar FallsIA50613
2109 Walnut St
Cedar FallsIA50613
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$1,0602 Bedroom Apartment Available Aug 1
1100 W 20th St, Unit 1100
1100 W 20th StCedar Falls, IA 50613
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.
1920-1922 Waterloo Rd
Cedar FallsIA50613
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$1,190 - $2,400Studio to 4 Bedroom Apartments Available Now
The Summit on College Hill
2119 College StCedar Falls, IA 50613
2103 Olive St
Cedar FallsIA50613
1012 Clay St
Cedar FallsIA50613
2022 College St
Cedar FallsIA50613
1604 College St
Cedar FallsIA50613
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$1,300
Total Monthly Price
3 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,300
Total Monthly Price
$1,300
2116 Olive St, Unit 3
2116 Olive StCedar Falls, IA 50613
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.
2020 College St
Cedar FallsIA50613
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1 to 3 Bedroom Apartments
2007 College St
2007 College StCedar Falls, IA 50613
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1 to 2 Bedroom Apartments
1404 Main St
1404 Main StCedar Falls, IA 50613
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2 to 3 Bedroom Apartments
804 W 18th St
804 W 18th StCedar Falls, IA 50613
603 Iowa St
Cedar FallsIA50613
804 W 18th St
Cedar FallsIA50613
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1 to 3 Bedroom Apartments
1804 College St
1804 College StCedar Falls, IA 50613
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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1 to 3 Bedroom Apartments
2020 College St
2020 College StCedar Falls, IA 50613
119 Tremont St
Cedar FallsIA50613
Showing Results 1-23, Page 1 of 1
Downtown Cedar Falls, 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 Downtown Cedar Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Cedar Falls Studio Apartments | $1,190 | $1,190 | $1,190 |
| Downtown Cedar Falls 1 Bedroom Apartments | $1,246 | $625 | $1,570 |
| Downtown Cedar Falls 2 Bedroom Apartments | $1,223 | $950 | $2,000 |
| Downtown Cedar Falls 3 Bedroom Apartments | $1,317 | $1,125 | $1,500 |
| Downtown Cedar Falls 4 Bedroom Apartments | $1,670 | $1,400 | $2,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Downtown Cedar Falls Neighborhood of Cedar Falls, IA.
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Cheapest Available Downtown Cedar Falls Apartments for Rent
The cheapest available apartment rental in the Downtown Cedar Falls area of Cedar Falls, IA is a 4 Beds unit found at The Residences on College Hill priced from $350. University Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here are the most affordable Downtown Cedar Falls apartments for rent in Cedar Falls, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $350 |
| University Manor | 1 BR/ 1 BA (June & Aug '25) | 1BR,1BA | $815 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $950 |
| Zion Flats | 2nd Level Unit | 1BR,1BA | $1,380 |
| State Street Riverfront | Lofted Studio | 1BR,1BA | $1,460 |
Best Value Apartments for Rent in Downtown Cedar Falls, IA
As of July 03, 2026 the best value apartment in the Downtown 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 Downtown Cedar Falls apartment is the 2116 Olive St Model at 2116 Olive St, Unit 3 starting at $1,300 with a $0.98 price per square foot in the Downtown Cedar Falls neighborhood. Here is today’s list of the best values for Downtown 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 | $0.98 |
| The Summit on College Hill | 4 Bed 2 Bath | 4BR,2BA | $2.12 |
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $0.39 |
| State Street Riverfront | Lofted Studio | 1BR,1BA | $1.72 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $1.38 |
| University Manor | 1 BR/ 1 BA (June & Aug '25) | 1BR,1BA | $1.27 |
| Zion Flats | Ground Level Unit | 1BR,1BA | $2.27 |
Frequently Asked Questions about Cheap Downtown Cedar Falls Apartments
What is the price of a cheap apartment in Downtown Cedar Falls?
The cheapest apartment in Downtown Cedar Falls is University Manor which is listed at $815, while the average apartment in Downtown Cedar Falls costs $1,500.
What types of apartments are the cheapest in Downtown 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 3 regular apartments in Downtown Cedar Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.