Cheap Homes for Rent in Cedar Falls, IA from $700 (14 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

Cedar Falls, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Falls, IA

Pricing Updated: 05/17/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Cedar Falls$2,400$7507

Cheapest Available Cedar Falls Apartments for Rent

 

The cheapest available apartment rental in Cedar Falls, IA is a 4 Beds unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $350. Brookside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Cedar Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Residences on College Hill4 Bed 1 Bath Apartment4BR,1BA$350
Brookside ApartmentsOne-Bedroom Apartment1BR,1BA$750
Kent CircleUpdated Cozy 1 Bedroom / 1 Bath Apartment in SW...1BR,1BA$760
Falls Edge StudiosStudio B REVStudio,1BA$815
Park @ Nine23A11BR,1BA$850

Best Value Apartments for Rent in Cedar Falls, IA

As of May 17, 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 Beautiful HUGE 3 Bedroom/2 Bath Apartment in Gr... Model at Pineview Place Apartments starting at $1,220 with a $1.02 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
Pineview Place ApartmentsBeautiful HUGE 3 Bedroom/2 Bath Apartment in Gr...3BR,2BA$1.02
Hillcrest Park Apartments-Student Housing4BR/2BA4BR,2BA$0.42
Willow Falls Apartments1st Floor2BR,2BA$1.52
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.02
Cedar Village Community2 Bed 1 Bath2BR,1BA$1.08
2116 Olive St2116 Olive St1BR,1BA$0.95
Elmcrest2 Bedrooms2BR,1BA$1.38
Park @ Nine23A11BR,1BA$1.52
Brookside ApartmentsOne-Bedroom Apartment1BR,1BA$1.50

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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Quick Rent Budget Calculator

How much rent can you afford?

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cedar Falls

What type of rentals are currently available in Cedar Falls?

There are currently 106 Apartments for Rent in Cedar Falls, IA with pricing that ranges from $460 to $2,400. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cedar Falls ranging from $700 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 $700 to $2,800 with an average monthly rent of $1,628.

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 $975 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $460.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.