Cheap Apartments for Rent in Cedar Rapids, IA from $300 (121 Rentals)

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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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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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Cedars Apartments
Studio to 2 Bedroom Apartments

Cedars Apartments

2030 1st Ave NECedar Rapids, IA 52402
Senior Living
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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
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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: 01/27/2026

Current apartment rentals in the Cedar Rapids, IA area range in price from $425 to $3,995 with an overall median price of $1,344. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Grande Avenue at $448, Cedar Hills at $555, and Kenwood Park at $445. 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$1,117$44810
Cedar Hills$1,150$55529
Kenwood Park$1,295$44545
Mound View$1,295$4488
Usher's Ferry Historic Village$1,322$47057
Oakhill Jackson$1,347$44883
Young's Hill$1,350$44882
Taylor$1,375$47031
Lincolnway Village$1,388$4253
Wellington Heights$1,397$44887

Cheapest Available Cedar Rapids Apartments for Rent

 

The cheapest available apartment rental in Cedar Rapids, IA is a 1 Bed unit found at Grand View Apartments priced from $440. Wedgewood Apartments in the Kenwood Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $445. Here is today’s list of the most affordable Cedar Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand View Apartments1bd1BR,1BA$440
Wedgewood Apartments1 Bedroom1BR,1BA$445
Azure Apartments1bd1BR,1BA$495
Country Club View1 BR/ BA1BR,1BA$525
The Pointe at Cedar RapidsStonewood 1 bedroom1BR,1BA$543
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$555
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$575
Apache Park1 Bedroom1BR,1BA$595
Forest Ridge Apartments1 Bedroom 1 Bath1BR,1BA$640

Best Value Apartments for Rent in Cedar Rapids, IA

As of January 27, 2026 the best value apartment in the Cedar Rapids area is the $0.95 price per square foot 4x2 1 Model at Miller Avenue Estates in the in the Lincolnway Village neighborhood starting from $1,090. The second greatest value Cedar Rapids apartment is the 2 Bedroom Flats Model at Regal Townhomes starting at $850 with a $0.83 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.
Miller Avenue Estates4x2 14BR,2BA$0.95
Regal Townhomes2 Bedroom Flats2BR,1BA$0.83
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$0.82
2255 8th Ave, Unit #22255 8th Ave2BR,1BA$0.94
Grand View Apartments1bd1BR,1BA$0.82
Azure Apartments1bd1BR,1BA$0.95

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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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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 $640.

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

The cheapest apartment in Cedar Rapids is Grand View Apartments which is listed at $440, while the average apartment in Cedar Rapids costs $1,344.

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 136 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 $392 which is $952 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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.