Cheap Homes for Rent in Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $800 (13 Rentals)

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

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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 1 Bed 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 4 Bedroom Unit-Only $295/M...1BR,1BA$295
Elmcrest2 Bedrooms2BR,1BA$950
Arabella: 200 W 1st St - Cedar Falls1-Bed B1BR,1BA$1,150
River Place2 Bedroom @ 300 State2BR,1BA$1,525

Best Value Apartments for Rent in Downtown Cedar Falls, IA

As of October 21, 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 2 Bedroom @ 300 State Model at River Place starting at $1,525 with a $1.53 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.
122 Main St, Unit 1122 Main St2BR,2BA$1.13
River Place2 Bedroom @ 300 State2BR,1BA$1.53
1417 Clay St1417 Clay St2BR,1BA$0.95
124 Main St124 Main St1BR,1BA$1.87
810 E 18th St, Unit 810810 E 18th St1BR,1BA$1.27
Elmcrest2 Bedrooms2BR,1BA$1.38
Arabella: 200 W 1st St - Cedar FallsFurnished 1-Bed A1BR,1BA$3.26

Don'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.

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The 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.

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Pet Friendly Lifestyle
Downtown Cedar Falls, Cedar Falls, IA

Ranked #1

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $1,800. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Cedar Falls ranging from $800 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 $800 to $2,800 with an average monthly rent of $1,688.

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 $915 to $1,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,850. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $895.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.