Cheap Apartments for Rent in Cedar Rapids, IA from $460 (167 Rentals)

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

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Wildwood Apartments
$916 - $1,461

Total Monthly Price

Base Rent$916 - $1,461
Total Monthly Price$916 - $1,461
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

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Cedar Rapids, IA Local Guide

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Cheapest Neighborhoods for Apartments in Cedar Rapids, IA

Pricing Updated: 09/11/2026

Current apartment rentals in the Cedar Rapids, IA area range in price from $481 to $2,781 with an overall median price of $1,040. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Mound View at $837, Grande Avenue at $985, and Kenwood Park at $1,026. 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
Mound View$837$6759
Grande Avenue$985$7001
Kenwood Park$1,026$48144
Cedar Hills$1,042$56020
Young's Hill$1,045$70013
Northwest Area$1,047$67521
Oakhill Jackson$1,047$52517
Usher's Ferry Historic Village$1,047$56032
Wellington Heights$1,047$52520
Downtown Cedar Rapids$1,075$7006

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 $460. Azure Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Cedar Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
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
4009 Westover Rd SE4009 Westover Rd SE - 32BR,1BA$600
The GardensOG EFFStudio,1BA$645
Lancer Townhouses and ApartmentsTownhome1BR,1BA$675
Camelot ApartmentsOne Bedroom1BR,1BA$685

Best Value Apartments for Rent in Cedar Rapids, IA

As of September 12, 2026 the best value apartment in the Cedar Rapids area is the $0.48 price per square foot 4 Bed/ 4 Bath apartment Model at Eagle's Nest Apartments in the in the Corridor Ridge neighborhood starting from $500. The second greatest value Cedar Rapids apartment is the 220 19th Street Northeast - E-323 Model at 220 19th Street Northeast starting at $880 with a $0.85 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.
Eagle's Nest Apartments4 Bed/ 4 Bath apartment4BR,4BA$0.48
220 19th Street Northeast220 19th Street Northeast - E-3232BR,2BA$0.85
Regal Townhomes2 Bedroom Flats2BR,1BA$0.84
Asbury Court2 Beds, 1 bath2BR,1BA$0.86
102 Oak St, Unit #4102 Oak St2BR,1BA$1.00
3190 8th St, Unit 33190 8th St2BR,1BA$0.85
Country Club View2 BR / 1 BA2BR,1BA$0.79
4009 Westover Rd SE4009 Westover Rd SE - 32BR,1BA$0.92
Grand View Apartments1bd1BR,1BA$0.86
Azure Apartments1bd1BR,1BA$0.96

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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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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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

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 $460, while the average apartment in Cedar Rapids costs $1,040.

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 23 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 $308 which is $732 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

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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