Cheap Homes for Rent in the Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $1,100 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 $299. 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-W/D In Unit4BR,1BA$299
University Manor1 BR/ 1 BA (Aug '25)1BR,1BA$815
Walnut St 21152BR/1.0BA2BR,1BA$880

Best Value Apartments for Rent in Downtown Cedar Falls, IA

As of September 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 2116 Olive St Model at 2116 Olive St, Unit 3 starting at $1,250 with a $0.95 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
2116 Olive St, Unit 32116 Olive St3BR,1BA$0.95
Campus Townhomes3BR/2.0BA3BR,2BA$1.04
1009 W 22nd St1009 W 22nd St2BR,2BA$0.70
321 Clay St, Unit #1321 Clay St2BR,1BA$1.00
The Residences on College Hill4 Bed 1 Bath-W/D In Unit4BR,1BA$0.33
State Street RiverfrontLofted Studio1BR,1BA$1.72
Walnut St 21152BR/1.0BA2BR,1BA$1.10
University Manor1 BR/ 1 BA (Aug '25)1BR,1BA$1.27
Zion FlatsTop Floor Unit1BR,1BA$2.21

Frequently Asked Questions about Downtown Cedar Falls

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

There are currently 43 Apartments for Rent in Downtown Cedar Falls, IA with pricing that ranges from $420 to $2,400. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Cedar Falls ranging from $1,100 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 $1,100 to $2,800 with an average monthly rent of $1,747.

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 $900 to $1,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $1,675. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,100.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.