
Cheap Homes for Rent in the Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Cedar Falls area of Cedar Falls.


611 W 12th St, Unit A

411 W 7th St
Rent According to Income: A Look at Income-Restricted Rentals
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2126 Olive St

612 W 21st St

1316 Main St, Unit 1
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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119 Tremont St
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 | $1,650 | $1,300 | $2,000 |
| Downtown Cedar Falls 3 Bedroom Homes for Rent | $1,456 | $1,200 | $1,675 |
| Downtown Cedar Falls 4 Bedroom Homes for Rent | $1,850 | $1,100 | $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 7 rentals with your search options within a 2 mile radius of the Downtown Cedar Falls Neighborhood of Cedar Falls, IA.
Explore Cedar Falls
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences on College Hill | 4 Bed 1 Bath-W/D In Unit | 4BR,1BA | $299 |
| University Manor | 1 BR/ 1 BA (Aug '25) | 1BR,1BA | $815 |
| Walnut St 2115 | 2BR/1.0BA | 2BR,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 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 |
| Campus Townhomes | 3BR/2.0BA | 3BR,2BA | $1.04 |
| 1009 W 22nd St | 1009 W 22nd St | 2BR,2BA | $0.70 |
| 321 Clay St, Unit #1 | 321 Clay St | 2BR,1BA | $1.00 |
| The Residences on College Hill | 4 Bed 1 Bath-W/D In Unit | 4BR,1BA | $0.33 |
| State Street Riverfront | Lofted Studio | 1BR,1BA | $1.72 |
| Walnut St 2115 | 2BR/1.0BA | 2BR,1BA | $1.10 |
| University Manor | 1 BR/ 1 BA (Aug '25) | 1BR,1BA | $1.27 |
| Zion Flats | Top Floor Unit | 1BR,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

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.

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.

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.

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.