Cheap Apartments for Rent in Cedar Rapids, IA from $300 (112 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cedar Rapids.

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.

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Cedars Apartments
Studio to 2 Bedroom Apartments

Cedars Apartments

2030 1st Ave NECedar Rapids, IA 52402
Senior Living
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Creekside
Studio to 2 Bedroom Apartments

Creekside

2939-3009 12th Ave SWCedar Rapids, IA 52404
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318 18th St NE
1 Bedroom Apartments

318 18th St NE

318 18th St NECedar Rapids, IA 52402
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Flagstone Apartments
1 Bedroom Apartments

Flagstone Apartments

300 31st St NECedar Rapids, IA 52402
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Apartments of Oakland Rd
1 to 2 Bedroom Apartments

Apartments of Oakland Rd

1112 Oakland Rd NECedar Rapids, IA 52402
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Westgate Apartments
1 to 2 Bedroom Apartments

Westgate Apartments

802-816 15th Ave SWCedar Rapids, IA 52404
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

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Cedar Rapids, IA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Cedar Rapids, IA

Pricing Updated: 03/14/2026

Current apartment rentals in the Cedar Rapids, IA area range in price from $425 to $2,618 with an overall median price of $1,313. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Grande Avenue at $448, Cedar Hills at $560, and Mound View at $448. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Cedar Rapids Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Grande Avenue$1,135$4484
Cedar Hills$1,200$56018
Mound View$1,295$4488
Oakhill Jackson$1,295$44859
Wellington Heights$1,295$44863
Southwest Area$1,307$47050
Young's Hill$1,307$44858
Kenwood Park$1,340$44553
Downtown Cedar Rapids$1,350$44851
Northwest Area$1,350$44864

Cheapest Available Cedar Rapids Apartments for Rent

 

The cheapest available apartment rental in Cedar Rapids, IA is a 1 Bed unit found at Wedgewood Apartments in the Kenwood Park neighborhood priced from $445. Grand View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $460. Here is today’s list of the most affordable Cedar Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wedgewood Apartments1 Bedroom1BR,1BA$445
Grand View Apartments1bd1BR,1BA$460
Azure Apartments1bd1BR,1BA$500
Country Club View1 BR/ BA1BR,1BA$525
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$560
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$580
Apache Park1 Bedroom1BR,1BA$595
Forest Ridge Apartments1 Bedroom 1 Bath1BR,1BA$640
Southview ApartmentsSouthview 1 bedroom Classic1BR,1BA$650

Best Value Apartments for Rent in Cedar Rapids, IA

As of March 14, 2026 the best value apartment in the Cedar Rapids area is the $0.93 price per square foot 1 Bed 1 Bath Model at Coventry Lofts in the in the Young's Hill neighborhood starting from $955. The second greatest value Cedar Rapids apartment is the 2 Bedroom Flats Model at Regal Townhomes starting at $865 with a $0.84 price per square foot . Here is today’s list of the best values for Cedar Rapids apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Lofts1 Bed 1 Bath1BR,1BA$0.93
Regal Townhomes2 Bedroom Flats2BR,1BA$0.84
CR Legacy2x23BR,2BA$0.72
Asbury Court2 Beds, 1 bath2BR,1BA$0.86
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$0.84
102 Oak St, Unit #4102 Oak St2BR,1BA$0.85
Country Club View2 BR / 1 BA2BR,1BA$0.80
Apache Park1 Bedroom1BR,1BA$0.99
Grand View Apartments1bd1BR,1BA$0.86
Azure Apartments1bd1BR,1BA$0.96

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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 Rapids Overview

Interested in an apartment in Cedar Rapids? There are plenty of worthy apartments to choose from in this beautiful mid-western city. Cedar Rapids is the second largest city in Iowa so you’ll find plenty to do and a vast employment landscape to explore. The scenic Cedar River cuts through the city, adding natural intrigue and character to its surroundings.

Why live in Cedar Rapids, IA?

If you decide on one of the many Cedar Rapids apartments available, you’ll have a desirable place to call home. The city features an attractive downtown area, has a low cost of living compared to other US cities and is rich in culture and arts. The city features an art museum and a symphony. Your new home will be the perfect place to stay active whether you like to walk, jog, play tennis or bike. You’ll also be only a short drive from rural living whenever you need a break.

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Cedar Rapids, IA

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Cedar Rapids Apartments

What is a cheap apartment in Cedar Rapids?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cedar Rapids is under $650.

What is the price of a cheap apartment in Cedar Rapids?

The cheapest apartment in Cedar Rapids is Wedgewood Apartments which is listed at $445, while the average apartment in Cedar Rapids costs $1,313.

What types of apartments are the cheapest in Cedar Rapids?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 72 regular apartments in Cedar Rapids that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Cedar Rapids?

Cheap apartments in Cedar Rapids have an average cost of $381 which is $932 cheaper than the average rent for all rentals in Cedar Rapids.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.