
Cheap Homes for Rent in Cedar Falls, IA from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Cedar Falls.


1254 W Mullan Ave

1436 Ansborough Ave

1272 W Mullan Ave

700 W Ridgeway Ave

3271 Ansborough Ave
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.

226 Randolph St

603 Iowa St

414 Randall St

1028 Ansborough Ave

409 Norwood Ave

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.
Cedar Falls, IA Local Guide

How much does it cost to rent a home in Cedar Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cedar Falls 2 Bedroom Homes for Rent | $1,130 | $775 | $1,400 |
| Cedar Falls 3 Bedroom Homes for Rent | $1,747 | $950 | $2,495 |
| Cedar Falls 4 Bedroom Homes for Rent | $1,841 | $895 | $2,700 |
| Cedar Falls 5 Bedroom Homes for Rent | $2,150 | $1,500 | $2,800 |
Browse Top Homes for Rent in Cedar Falls
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Cedar Falls, IA Local Guide
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Cheapest Neighborhoods for Apartments in Cedar Falls, IA
Pricing Updated: 07/09/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Cedar Falls | $2,800 | $900 | 11 |
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 $350. Gold Falls Villa Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here is today’s list of the most affordable Cedar Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $350 |
| Gold Falls Villa Apartments | 1 BR/ 1 Bath | 1BR,1BA | $715 |
| University Manor | 1 BR/ 1 BA (June & Aug '25) | 1BR,1BA | $815 |
| Thunder Ridge Apartments | Stylish 1 Bedroom/1 Bathroom Apartment with Bal... | 1BR,1BA | $920 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $950 |
Best Value Apartments for Rent in Cedar Falls, IA
As of July 09, 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 2116 Olive St Model at 2116 Olive St, Unit 3 starting at $1,300 with a $0.98 price per square foot in the Downtown Cedar Falls neighborhood. Here is today’s list of the best values for 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 | $0.98 |
| Hillcrest Park Apartments-Student Housing | 4BR/2BA | 4BR,2BA | $0.50 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.02 |
| Cedar Village Community | 2 Bed 1 Bath | 2BR,1BA | $1.08 |
| The Residences on College Hill | 4 Bed 1 Bath Apartment | 4BR,1BA | $0.39 |
| Elmcrest | 2 Bedrooms | 2BR,1BA | $1.38 |
| 2303 Olive St, Unit 1 | 2303 Olive St | 1BR,1BA | $1.15 |
| University Manor | 1 BR/ 1 BA (June & Aug '25) | 1BR,1BA | $1.27 |
| Gold Falls Villa Apartments | 1 BR/ 1 Bath | 1BR,1BA | $1.19 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Cedar Falls, IA
Cedar Falls High School
Peet Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cedar Falls, IA Rentals by Map
See the most popular apartments and homes in Cedar Falls, IA
Frequently Asked Questions about Cedar Falls
What type of rentals are currently available in Cedar Falls?
There are currently 104 Apartments for Rent in Cedar Falls, IA with pricing that ranges from $460 to $2,400. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cedar Falls ranging from $525 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 $525 to $2,800 with an average monthly rent of $1,526.
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 $995 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,495. Four Bedroom Single-Family rentals are also available starting from $895 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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.