
Cheap Homes for Rent in Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $1,000 (16 Rentals)
Cheap Homes in the Downtown Cedar Falls area of Cedar Falls.


923 Rainbow Dr

1922 Campus St

1816 Walnut St

117 W 16th St

1924 Campus St

1904 Campus St

722 W 10th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

603 W 22nd St

515 Franklin St

904 Clay St

223 W 12th St

1938 Franklin St

421 Washington St

1914 Iowa St

2208 Walnut St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Downtown Cedar Falls, Cedar Falls, IA Local Guide

How much does it cost to rent a home in Downtown Cedar Falls?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Cedar Falls 2 Bedroom Homes for Rent | $1,902 | $1,220 | $3,433 |
Downtown Cedar Falls 3 Bedroom Homes for Rent | $1,400 | $1,050 | $1,650 |
Downtown Cedar Falls 4 Bedroom Homes for Rent | $1,809 | $1,350 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Cedar Falls Neighborhood of Cedar Falls, IA.
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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 4 Beds unit found at Residences on College Hill priced from $375. University Manor has the second lowest priced unit, which is a Studio apartment currently listed from $888. Here are the most affordable Downtown Cedar Falls apartments for rent in Cedar Falls, IA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Residences on College Hill | Private 1-Bedroom Apartment in a Spacious 4-Bed... | 4BR,1BA | $375 |
University Manor | Luxary Studio (June '25) | Studio,1BA | $888 |
Thunder Ridge Apartments | 1 Bedroom/1 Bath Apartment - Top Rated Thunder ... | 1BR,1BA | $895 |
Park @ Nine23 | A1_Reno | 1BR,1BA | $925 |
The Residence @ Willow Falls | 1 Bed A w/Balcony | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Downtown Cedar Falls, IA
As of May 07, 2025 the best value apartment in the Downtown Cedar Falls area is the $1.46 price per square foot 2 Bedroom Model at State Street Riverfront in the in the Downtown Cedar Falls neighborhood starting from $2,400. The second greatest value Downtown Cedar Falls apartment is the XL 2 Bedroom @ 250 Model at River Place starting at $3,433 with a $2.15 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. |
---|---|---|---|
State Street Riverfront | 2 Bedroom | 2BR,1BA | $1.46 |
River Place | XL 2 Bedroom @ 250 | 2BR,2BA | $2.15 |
2109 Walnut St, Unit WALNUT lower | 2109 Walnut St | 4BR,2BA | $1.15 |
1912 Waterloo Rd | 1912 Waterloo Rd | 2BR,1BA | $1.08 |
Thunder Ridge Apartments | Furnished 1 Bedroom/1 Bath Apartment | 1BR,1BA | $1.56 |
The Residence @ Willow Falls | 1 Bed A w/Balcony | 1BR,1BA | $2.31 |
Park @ Nine23 | A2sc_RENO | 1BR,1BA | $1.67 |
Residences on College Hill | 1 Bed / 1 Bath | 1BR,1BA | $1.59 |
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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 42 Apartments for Rent in Downtown Cedar Falls, IA with pricing that ranges from $375 to $3,433. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Cedar Falls ranging from $1,050 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 $1,050 to $3,433 with an average monthly rent of $1,703.
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 $1,400 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $1,650. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $375.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.