Cheap Homes for Rent in Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $700 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Cedar Falls area of Cedar Falls.

property at 2103 Olive St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Jul 1

2103 Olive St

Cedar FallsIA50613

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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 ListingModel NameBed/BathPriced From
The Residences on College Hill4 Bed 1 Bath Apartment4BR,1BA$350
University Manor1 BR/ 1 BA (June & Aug '25)1BR,1BA$815
Elmcrest2 Bedrooms2BR,1BA$950

Best Value Apartments for Rent in Downtown Cedar Falls, IA

As of June 05, 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 4 Bed 2 Bath Model at The Summit on College Hill starting at $2,400 with a $2.12 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1003 Bluff St, Unit 1003 Bluff St1003 Bluff St4BR,2BA$0.97
The Summit on College Hill4 Bed 2 Bath4BR,2BA$2.12
State Street RiverfrontLofted Studio1BR,1BA$1.72
2116 Olive St2116 Olive St1BR,1BA$0.95
Elmcrest2 Bedrooms2BR,1BA$1.38
University Manor1 BR/ 1 BA (June & Aug '25)1BR,1BA$1.27
Zion FlatsGround Level Unit1BR,1BA$2.27
The Residences on College Hill1 Bed 1 Bath Apartment1BR,1BA$1.79
Arabella: 200 W 1st St - Cedar FallsFurnished 1-Bed A1BR,1BA$3.28

Frequently Asked Questions about Downtown Cedar Falls

What type of rentals are currently available in Downtown Cedar Falls?

There are currently 42 Apartments for Rent in Downtown Cedar Falls, IA with pricing that ranges from $625 to $2,400. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Cedar Falls ranging from $750 to $2,800.

What is the current price range for Rental Homes in Downtown Cedar Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Cedar Falls ranges from $750 to $2,800 with an average monthly rent of $1,687.

How much are larger Three and Four Bedroom Rentals in Downtown Cedar Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Cedar Falls range from $1,300 to $1,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,400.

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.

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