603 Iowa St
Cedar FallsIA50613
Cheap Homes for Rent in the Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $900 (3 Rentals)
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.
804 W 18th St
Cedar FallsIA50613
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.
1603 Main St
Cedar FallsIA50613
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Downtown Cedar Falls, Cedar Falls, IA Local Guide
Big Woods Lake Sunset by Tony Webster is licensed under CC BY 2.0
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 | $1,359 | $900 | $2,000 |
| Downtown Cedar Falls 3 Bedroom Homes for Rent | $1,538 | $1,000 | $2,200 |
| Downtown Cedar Falls 4 Bedroom Homes for Rent | $2,020 | $1,800 | $2,200 |
| Downtown Cedar Falls 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Cedar Falls Neighborhood of Cedar Falls, IA.
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Best Value Apartments for Rent in Downtown Cedar Falls, IA
As of July 21, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1003 Bluff St, Unit 1003 Bluff St | 1003 Bluff St | 4BR,2BA | $0.97 |
| 2116 Olive St, Unit 3 | 2116 Olive St | 3BR,1BA | $0.95 |
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $0.39 |
| State Street Riverfront | Lofted Studio | 1BR,1BA | $1.72 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $1.38 |
| University Manor | 1 BR/ 1 BA (June & Aug '25) | 1BR,1BA | $1.27 |
| Zion Flats | Ground Level Unit | 1BR,1BA | $2.27 |
Frequently Asked Questions about Downtown Cedar Falls
What type of rentals are currently available in Downtown Cedar Falls?
There are currently 40 Apartments for Rent in Downtown Cedar Falls, IA with pricing that ranges from $625 to $2,400. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Cedar Falls ranging from $900 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 $900 to $2,800 with an average monthly rent of $1,929.
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 $1,115 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,800 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.
Articles, How-To's, and Tips
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.