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$365 - $1,4001 to 4 Bedroom Apartments Available Now
Residences on College Hill
2109 College StCedar Falls, IA 50613
Cheap Apartments for Rent in the Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Cedar Falls area of Cedar Falls.
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$770 - $1,055Studio to 2 Bedroom Apartments Available Now
University Manor
1939 College StCedar Falls, IA 50613
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$8001 Bedroom Apartment Available May 29, 2026
1016 W 20th St, Unit 1016
1016 W 20th StCedar Falls, IA 50613
708-710-710 Bluff St
Cedar FallsIA50613
709 Walnut St
Cedar FallsIA50613
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.
1123 W 22nd St
Cedar FallsIA50613
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1315 College St
Cedar FallsIA50613
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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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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 | $993 | $785 | $1,245 |
| Downtown Cedar Falls 1 Bedroom Apartments | $1,215 | $365 | $1,630 |
| Downtown Cedar Falls 2 Bedroom Apartments | $1,130 | $700 | $1,725 |
| Downtown Cedar Falls 3 Bedroom Apartments | $1,243 | $915 | $1,350 |
| Downtown Cedar Falls 4 Bedroom Apartments | $1,561 | $895 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Cedar Falls Neighborhood of Cedar Falls, IA.
See all Apartments in Cedar FallsExplore Cedar Falls
Downtown Cedar Falls, Cedar Falls, IA Local Guide
- Nearby Cedar Falls neighborhoods
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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 1 Bed unit found at University Manor priced from $770. Residences on College Hill has the second lowest priced unit, which is a 4 Beds apartment currently listed from $895. Here are the most affordable Downtown Cedar Falls apartments for rent in Cedar Falls, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Manor | 1 BR/ 1 BA (Dec'25 and Jan' 26 ) | 1BR,1BA | $770 |
| Residences on College Hill | 4 Bedroom Apartment Near UNI — Only $1,400/mo (... | 4BR,1BA | $895 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $950 |
| River Place | Studio @ 200 State | Studio,1BA | $1,160 |
| Arabella: 200 W 1st St - Cedar Falls | 1-Bed A | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Downtown Cedar Falls, IA
As of December 23, 2025 the best value apartment in the Downtown Cedar Falls area is the $0.85 price per square foot 317 Main St Model at 317 Main St, Unit 200 in the in the Downtown Cedar Falls neighborhood starting from $1,700. The second greatest value Downtown Cedar Falls apartment is the 122 Main St Model at 122 Main St, Unit 1 starting at $1,700 with a $1.06 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. |
|---|---|---|---|
| 317 Main St, Unit 200 | 317 Main St | 2BR,2BA | $0.85 |
| 122 Main St, Unit 1 | 122 Main St | 2BR,2BA | $1.06 |
| Residences on College Hill | 4 Bedroom Apartment Near UNI — Only $1,400/mo (... | 4BR,1BA | $0.99 |
| State Street Riverfront | Lofted Studio | 1BR,1BA | $1.72 |
| 124 Main St | 124 Main St | 1BR,1BA | $1.73 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $1.38 |
| River Place | Studio @ 200 State | Studio ,1BA | $1.76 |
| University Manor | 1 BR/ 1 BA (Dec'25 and Jan' 26 ) | 1BR,1BA | $1.26 |
| Arabella: 200 W 1st St - Cedar Falls | 1-Bed A | 1BR,1BA | $2.84 |
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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Pet Friendly LifestyleDowntown Cedar Falls, Cedar Falls, IA
Ranked #1
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $770, while the average apartment in Downtown Cedar Falls costs $1,650.
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 1 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
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.