Cheap Homes for Rent in Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $900 (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 1909 Clay St

1909 Clay St

Cedar FallsIA50613

Downtown Cedar Falls, Cedar Falls, IA Local Guide

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 Residences on College Hill priced from $295. Elmcrest has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Downtown Cedar Falls apartments for rent in Cedar Falls, IA:

Apartment ListingModel NameBed/BathPriced From
Residences on College HillPrivate Bedroom in a 4BR Unit-Furnished Common ...4BR,1BA$295
Elmcrest2 Bedrooms2BR,1BA$950
Arabella: 200 W 1st St - Cedar Falls1-Bed B1BR,1BA$1,350

Best Value Apartments for Rent in Downtown Cedar Falls, IA

As of July 14, 2025 the best value apartment in the Downtown Cedar Falls area is the $2.15 price per square foot XL 2 Bedroom @ 250 Model at River Place in the in the Downtown Cedar Falls neighborhood starting from $3,433. The second greatest value Downtown Cedar Falls apartment is the 2116 Olive St Model at 2116 Olive St, Unit 2 starting at $985 with a $0.96 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.
River PlaceXL 2 Bedroom @ 2502BR,2BA$2.15
2116 Olive St, Unit 22116 Olive St2BR,1BA$0.96
2109 Walnut St, Unit WALNUT upper2109 Walnut St2BR,1BA$1.00
Residences on College HillLarge 4-Bedroom Apartment, Perfect for Roommate...4BR,1BA$1.11
307 Main St, Unit 1307 Main St1BR,1BA$1.57
Elmcrest2 Bedrooms2BR,1BA$1.38
Arabella: 200 W 1st St - Cedar Falls1-Bed B1BR,1BA$3.05

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Frequently Asked Questions about Downtown Cedar Falls

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

There are currently 38 Apartments for Rent in Downtown Cedar Falls, IA with pricing that ranges from $295 to $3,433. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Cedar Falls ranging from $990 to $3,433.

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 $990 to $3,433 with an average monthly rent of $1,782.

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 $1,050 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $990 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $295.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.