Cheap Apartments for Rent in Cedar Rapids, IA from $300 (166 Rentals)

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

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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Wildwood Apartments
$841 - $1,386
Total Monthly Price

Total Monthly Price

Base Rent
$841 - $1,386
Total Monthly Price
$841 - $1,386
1 to 3 Bedroom Apartments Available Now

Wildwood Apartments

921 Old Marion Rd NECedar Rapids, IA 52402
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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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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.

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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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Cedar Rapids, IA Local Guide

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Cheapest Neighborhoods for Apartments in Cedar Rapids, IA

Pricing Updated: 07/28/2026

Current apartment rentals in the Cedar Rapids, IA area range in price from $435 to $2,755 with an overall median price of $1,334. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Cedar Hills at $560, Mound View at $640, and Oakhill Jackson at $525. 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
Cedar Hills$1,220$56018
Mound View$1,295$6403
Oakhill Jackson$1,297$52529
Grande Avenue$1,299$61511
Wellington Heights$1,299$52530
Young's Hill$1,299$61527
Southwest Area$1,324$61523
Kenwood Park$1,340$52534
Usher's Ferry Historic Village$1,347$56026
Downtown Cedar Rapids$1,350$61522

Cheapest Available Cedar Rapids Apartments for Rent

 

The cheapest available apartment rental in Cedar Rapids, IA is a 1 Bed unit found at Azure Apartments priced from $500. Country Club View in the Wellington Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Cedar Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Azure Apartments1bd1BR,1BA$500
Country Club View1 BR/ BA1BR,1BA$525
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$580
Wedgewood Apartments1 Bedroom1BR,1BA$610
Village1 Bedroom1BR,1BA$635
Camelot ApartmentsOne Bedroom1BR,1BA$655
The Pointe at Cedar RapidsStonewood 1 bedroom1BR,1BA$665
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$725
Meadowview Apartments1BR/1.0BA1BR,1BA$735
Northview Apartments1BR/1.0BA1BR,1BA$755

Best Value Apartments for Rent in Cedar Rapids, IA

As of July 28, 2026 the best value apartment in the Cedar Rapids area is the $0.85 price per square foot 220 19th Street Northeast - E-323 Model at 220 19th Street Northeast in the in the Mound View neighborhood starting from $880. The second greatest value Cedar Rapids apartment is the 2x1 Model at 2535 Ellis View Ct NW starting at $995 with a $1.03 price per square foot in the Usher's Ferry Historic Village neighborhood. 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.
220 19th Street Northeast220 19th Street Northeast - E-3232BR,2BA$0.85
2535 Ellis View Ct NW2x12BR,1BA$1.03
Asbury Court2 Beds, 1 bath2BR,1BA$0.86
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$0.84
The Malory Apartments2BR/1.0BA2BR,1BA$1.04
Country Club View2 BR / 1 BA2BR,1BA$0.79
Waterford Arms1-Bedroom 1-Bathroom1BR,1BA$1.15
Meadowview Apartments1BR/1.0BA1BR,1BA$1.09
Azure Apartments1bd1BR,1BA$0.96
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$1.14

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

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Frequently Asked Questions about Cheap Cedar Rapids Apartments

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

The cheapest apartment in Cedar Rapids is Azure Apartments which is listed at $500, while the average apartment in Cedar Rapids costs $1,334.

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 108 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 $441 which is $893 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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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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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.

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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.

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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.