Cheap Homes for Rent in Cedar Falls, IA from $725 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in 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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Cedar Falls, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Falls, IA

Pricing Updated: 08/23/2026

Current apartment rentals in the Cedar Falls, IA area range in price from $420 to $2,400 with an overall median price of $1,300. Here is today’s list neighborhoods with the lowest median pricing for Cedar Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Cedar Falls$1,300$42040

Cheapest Available Cedar Falls Apartments for Rent

 

The cheapest available apartment rental in Cedar Falls, IA is a 4 Beds unit found at The Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $299. Kent Circle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Cedar Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences on College Hill4 Bed 1 Bath-W/D In Unit4BR,1BA$299
Kent CircleUpdated Cozy 1 Bedroom / 1 Bath Apartment in SW...1BR,1BA$745
Kingswood PlaceHuge Updated One Bedroom Apartment with Walk-in...1BR,1BA$775
Brentwood Estates ApartmentsSpacious One-Bedroom Apartment – Comfortable, P...1BR,1BA$795
University Manor1 BR/ 1 BA (Aug '25)1BR,1BA$815

Best Value Apartments for Rent in Cedar Falls, IA

As of August 23, 2026 the best value apartment in the 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 Cedar Falls apartment is the 4BR/2.0BA Model at 2321 Iowa St - Cedar Falls starting at $1,200 with a $0.80 price per square foot . Here is today’s list of the best values for 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
2321 Iowa St - Cedar Falls4BR/2.0BA4BR,2BA$0.80
Campus Townhomes3BR/2.0BA3BR,2BA$1.04
1009 W 22nd St1009 W 22nd St2BR,2BA$0.70
Pointe West ApartmentsPointe West - 2-bedroom apartments2BR,2BA$1.00
Hillcrest Park Apartments-Student Housing4BR/2BA4BR,2BA$0.50
Pineview Place ApartmentsPrime Waterloo Living: 2-Bedroom / 1-Bath Apart...2BR,1BA$1.05
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.02
Cedar Village Community2 Bed 1 Bath2BR,1BA$1.08
Kingswood PlaceHuge Updated One Bedroom Apartment with Walk-in...1BR,1BA$1.05

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Cedar Falls, IA

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cedar Falls

What type of rentals are currently available in Cedar Falls?

There are currently 103 Apartments for Rent in Cedar Falls, IA with pricing that ranges from $420 to $2,500. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cedar Falls ranging from $725 to $2,800.

What is the current price range for Rental Homes in Cedar Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cedar Falls ranges from $725 to $2,800 with an average monthly rent of $1,635.

How much are larger Three and Four Bedroom Rentals in Cedar Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cedar Falls range from $900 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $552.

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

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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.

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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.

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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.

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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.