Cheap Apartments for Rent in Cedar Rapids, IA from $300 (165 Rentals)

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

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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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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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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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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Cedar Rapids, IA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Cedar Rapids, IA

Pricing Updated: 06/13/2026

Current apartment rentals in the Cedar Rapids, IA area range in price from $700 to $2,800 with an overall median price of $2,106. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Kenwood Park at $700, Mound View at $795, and Cedar Hills at $1,650. 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
Kenwood Park$1,550$7005
Mound View$1,625$7954
Cedar Hills$1,650$1,6501
Taylor$1,675$1,6001
Grande Avenue$1,924$1,0503
Southwest Area$1,924$1,0502
Wellington Heights$2,150$7957
Usher's Ferry Historic Village$2,375$1,3005
Downtown Cedar Rapids$2,750$1,0506
Northwest Area$2,750$7957

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
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$560
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
Blairs Ferry1A 40%1BR,1BA$682
Oak Hill Jackson Brickstones1 Bedroom1BR,1BA$715

Best Value Apartments for Rent in Cedar Rapids, IA

As of June 13, 2026 the best value apartment in the Cedar Rapids area is the $1.03 price per square foot 2x1 Model at 2535 Ellis View Ct NW in the in the Usher's Ferry Historic Village neighborhood starting from $995. The second greatest value Cedar Rapids apartment is the 2 Beds, 1 bath Model at Asbury Court starting at $795 with a $0.86 price per square foot in the Mound View 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.
2535 Ellis View Ct NW2x12BR,1BA$1.03
Asbury Court2 Beds, 1 bath2BR,1BA$0.86
Cambridge TownhomesTwo Bedroom, One Bath2BR,1BA$1.09
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$0.84
The Malory Apartments2BR/1.0BA2BR,1BA$0.99
Country Club View2 BR / 1 BA2BR,1BA$0.79
Shamrock ApartmentsArrowridge small 2 bedroom2BR,1BA$1.06
Oak Hill Jackson Brickstones1 Bedroom1BR,1BA$1.07
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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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.

Best Local Schools in
Cedar Rapids, IA

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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

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

The lowest price for a Cheap One Bedroom Cedar Rapids Apartment is $500 at Azure 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 $630 at Azure 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 Azure Apartments and starts from $835.

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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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.