Cheap Apartments for Rent in Cedar Rapids, IA from $300 (134 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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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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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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property at 317 8th St SE

317 8th St SE

Cedar RapidsIA52401

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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Cedar Rapids, IA Local Guide

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Cheapest Neighborhoods for Apartments in Cedar Rapids, IA

Pricing Updated: 10/27/2025

Current apartment rentals in the Cedar Rapids, IA area range in price from $500 to $2,000 with an overall median price of $1,741. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Oakhill Jackson at $950, Cedar Hills at $725, and Lincolnway Village at $1,090. 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
Oakhill Jackson$950$9501
Cedar Hills$1,395$7251
Lincolnway Village$1,650$1,0902
Mound View$1,800$65010
Southwest Area$1,800$82511
Taylor$1,800$8258
Wellington Heights$1,800$65022
Young's Hill$1,800$82510
Downtown Cedar Rapids$1,825$65016
Northwest Area$1,825$65020

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
The Pointe at Cedar RapidsStonewood 1 bedroom1BR,1BA$543
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$555
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$575
The GardensOG EFFStudio,1BA$580
2055 Blairs Ferry Rd NE1 bedroom1BR,1BA$595
Apache Park1 Bedroom1BR,1BA$595
Woodcrest Apartments1BR/1BA1BR,1BA$600

Best Value Apartments for Rent in Cedar Rapids, IA

As of October 28, 2025 the best value apartment in the Cedar Rapids area is the $0.83 price per square foot 2 Bedroom Flats Model at Regal Townhomes in the starting from $850. The second greatest value Cedar Rapids apartment is the 2x2 Model at CR Legacy starting at $695 with a $0.72 price per square foot in the Corridor Ridge 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.
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
2055 Blairs Ferry Rd NE1 bedroom1BR,1BA$0.70
North Ridge2 Beds, 1 Baths2BR,1BA$0.91
850 Bridgit Ln2 Beds, 1.5 Baths2BR,1.5BA$0.94
Country Club View1 BR/ BA1BR,1BA$0.82
Grand View Apartments1bd1BR,1BA$0.82

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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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.

Cedar Rapids, IA
Population: 133,174

Ranked #209

in US Census Population by City

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Best Local Schools in
Cedar Rapids, IA

School data provided by Great Schools

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

Explore Cedar Rapids, IA Rentals by Map

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See the most popular apartments and homes in Cedar Rapids, IA

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Getting Around Cedar Rapids, IA

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

23 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Cedar Rapids Apartments

What is the Cheapest Studio apartment in Cedar Rapids?

Currently the most affordable Cheap Studio Apartment in Cedar Rapids is at The Gardens listed at $580.

How much is rent for a Cheap One Bedroom Cedar Rapids Apartment?

The lowest price for a Cheap One Bedroom Cedar Rapids Apartment is $440 at Grand View Apartments.

What is the lowest price for a Cheap Two Bedroom Cedar Rapids Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cedar Rapids is starting from $515 at Grand View Apartments.

What is the most affordable Cedar Rapids Three Bedroom Apartment?

The best deal on a cheap Cedar Rapids Three Bedroom Apartment rental is at CR Legacy and starts from $695.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.