
Cheap Apartments for Rent in the Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Cedar Falls area of Cedar Falls.


University Manor

1016 W 20th St, Unit 1016
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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

222 Walnut St

222 Walnut St

708-710-710 Bluff St
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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.

709 Walnut St

403 W 6th St

1021 W 7th St
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.
Downtown Cedar Falls, Cedar Falls, IA Local Guide

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 | $755 | $1,245 |
| Downtown Cedar Falls 1 Bedroom Apartments | $1,053 | $365 | $1,580 |
| Downtown Cedar Falls 2 Bedroom Apartments | $1,098 | $700 | $1,800 |
| Downtown Cedar Falls 3 Bedroom Apartments | $1,205 | $915 | $1,350 |
| Downtown Cedar Falls 4 Bedroom Apartments | $1,633 | $1,400 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 17 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
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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 2 Beds unit found at Elmcrest priced from $950. Arabella: 200 W 1st St - Cedar Falls has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Downtown Cedar Falls apartments for rent in Cedar Falls, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elmcrest | 2 Bedrooms | 2BR,1BA | $950 |
| Arabella: 200 W 1st St - Cedar Falls | 1-Bed B | 1BR,1BA | $1,150 |
| River Place | Studio @ 200 State | Studio,1BA | $1,220 |
| Urban Flats North | Urban Flats North - Layout A | 3BR,2BA | $1,725 |
Best Value Apartments for Rent in Downtown Cedar Falls, IA
As of November 03, 2025 the best value apartment in the Downtown Cedar Falls area is the $1.13 price per square foot 122 Main St Model at 122 Main St, Unit 1 in the in the Downtown Cedar Falls neighborhood starting from $1,800. The second greatest value Downtown Cedar Falls apartment is the Urban Flats North - Layout A Model at Urban Flats North starting at $1,725 with a $1.44 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. |
|---|---|---|---|
| 122 Main St, Unit 1 | 122 Main St | 2BR,2BA | $1.13 |
| Urban Flats North | Urban Flats North - Layout A | 3BR,2BA | $1.44 |
| Twin Oaks Apartments | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.68 |
| 1417 Clay St | 1417 Clay St | 2BR,1BA | $0.95 |
| 124 Main St | 124 Main St | 1BR,1BA | $1.87 |
| 810 E 18th St, Unit 810 | 810 E 18th St | 1BR,1BA | $1.27 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $1.38 |
| River Place | Studio @ 200 State | Studio ,1BA | $1.85 |
| Arabella: 200 W 1st St - Cedar Falls | 1-Bed A | 1BR,1BA | $2.84 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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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
Getting Around the Downtown Cedar Falls Neighborhood in Cedar Falls, IA
Walk Score®
77 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
82 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
26 / 100
Some Transit
A few nearby public transportation options
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 Downtown Cedar Falls Apartments
How much is rent for a Cheap One Bedroom Downtown Cedar Falls Apartment?
The lowest price for a Cheap One Bedroom Downtown Cedar Falls Apartment is $1,150 at Arabella: 200 W 1st St - Cedar Falls.
What is the lowest price for a Cheap Two Bedroom Downtown Cedar Falls Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Cedar Falls is starting from $950 at Elmcrest.
What is the most affordable Downtown Cedar Falls Three Bedroom Apartment?
The best deal on a cheap Downtown Cedar Falls Three Bedroom Apartment rental is at Urban Flats North and starts from $1,725.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.






