Cheap Homes for Rent in Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Cedar Falls area of Cedar Falls.

804 W 18th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

515 Franklin St

1921 State St

904 Clay St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 | $1,978 | $1,500 | $2,450 |
Downtown Cedar Falls 3 Bedroom Homes for Rent | $1,125 | $875 | $1,300 |
Downtown Cedar Falls 4 Bedroom Homes for Rent | $1,695 | $1,200 | $2,000 |
Downtown Cedar Falls 5 Bedroom Homes for Rent | $1,550 | $1,500 | $1,600 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 $295. University Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. 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 Bedroom in a 4BR Unit-Furnished Common ... | 4BR,1BA | $295 |
University Manor | 1 BR/ 1 BA (Sept '25 ) | 1BR,1BA | $770 |
Elmcrest | 2 Bedrooms | 2BR,1BA | $950 |
Best Value Apartments for Rent in Downtown Cedar Falls, IA
As of September 06, 2025 the best value apartment in the Downtown Cedar Falls area is the $1.01 price per square foot 315 Main St Model at 315 Main St, Unit 200 in the in the Downtown Cedar Falls neighborhood starting from $1,820. The second greatest value Downtown Cedar Falls apartment is the 1003 Bluff St Model at 1003 Bluff St, Unit 1003 Bluff St starting at $1,600 with a $0.97 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. |
---|---|---|---|
315 Main St, Unit 200 | 315 Main St | 2BR,2BA | $1.01 |
1003 Bluff St, Unit 1003 Bluff St | 1003 Bluff St | 4BR,2BA | $0.97 |
River Place | 2 Bedroom @ 300 State | 2BR,1BA | $1.53 |
Residences on College Hill | Fully Furnished 4 BR/1 Bath Apartment! | 4BR,1BA | $1.11 |
321 Clay St, Unit 3 | 321 Clay St | 1BR,1BA | $1.00 |
Elmcrest | 2 Bedrooms | 2BR,1BA | $1.38 |
University Manor | 1 BR/ 1 BA (Sept '25 ) | 1BR,1BA | $1.26 |
Arabella: 200 W 1st St - Cedar Falls | Furnished 1-Bed B | 1BR,1BA | $3.26 |
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Pet Friendly LifestyleDowntown Cedar Falls, Cedar Falls, IA
Ranked #1
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Downtown Cedar Falls
What type of rentals are currently available in Downtown Cedar Falls?
There are currently 32 Apartments for Rent in Downtown Cedar Falls, IA with pricing that ranges from $295 to $1,820. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Cedar Falls ranging from $875 to $2,450.
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 $875 to $2,450 with an average monthly rent of $1,598.
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 $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $1,300. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $295.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.