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$448 - $1,021Studio to 2 Bedroom Apartments Contact Us For Availability
Commonwealth
1400 2nd Ave SWCedar Rapids, IA 52403
Cheap Apartments for Rent in the Downtown Cedar Rapids Neighborhood of Cedar Rapids, IA from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Cedar Rapids area of Cedar Rapids.
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Rent Specials
$470 - $1,4221 to 3 Bedroom Apartments Available Now
Ashton Flats
217 7th Ave SWCedar Rapids, IA 52404
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$4752 Bedroom Apartments Contact Us For Availability
Village
25-85 Aossey Ln SWCedar Rapids, IA 52404
1723 Bever Ave SE
Cedar RapidsIA52403
1569 1st Ave SE, Unit #4
1569 1st Ave SE
Cedar RapidsIA52402
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$705 - $1,020Studio to 2 Bedroom Apartments Available Feb 6
Cedar River Tower Apartments
100 1st Ave NECedar Rapids, IA 52401
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Rent Specials
$714 - $1,067Studio to 2 Bedroom Apartments Available Now
The Roosevelt
200 1st Ave NECedar Rapids, IA 52401
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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$725Studio Apartments Contact Us For Availability
Cornerstone Place
323 3rd St SECedar Rapids, IA 52401
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$725 - $9651 to 3 Bedroom Apartments Available Now
Cedar Rapids Brickstone
627 6th St SECedar Rapids, IA 52401
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$725 - $7952 Bedroom Apartments Available Now
C Street Townhomes
2211 C St SWCedar Rapids, IA 52404
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$800 - $1,2501 to 2 Bedroom Apartments Available Now
Oak Hill Apartments
906 10th St SECedar Rapids, IA 52401
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1 Bedroom Apartments
318 18th St NE
318 18th St NECedar Rapids, IA 52402
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1 to 2 Bedroom Apartments
Julie Ann Square Apartments
1500 E Ave NWCedar Rapids, IA 52405
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1 to 4 Bedroom Apartments
Kingston Village Apartments
600 2nd St SWCedar Rapids, IA 52404
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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1 to 2 Bedroom Apartments
Apartments of Oakland Rd
1112 Oakland Rd NECedar Rapids, IA 52402
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1 to 2 Bedroom Apartments
Westgate Apartments
802-816 15th Ave SWCedar Rapids, IA 52404
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1 Bedroom Apartments
Southern Valley (VIDEO!)
1628 L St SWCedar Rapids, IA 52404
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2 Bedroom Apartments
Westhill Apartments
1610 Seminole Ave NWCedar Rapids, IA 52405
1534 3rd Ave SE
Cedar RapidsIA52403
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2 Bedroom Apartments
Aossey Place (Video) SW
16-86 Aossey Ln SWCedar Rapids, IA 52404
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1 Bedroom Apartments
1810 A Ave NE
1810 A Ave NECedar Rapids, IA 52402
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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1 to 2 Bedroom Apartments
1716 D Ave NE
1716 D Ave NECedar Rapids, IA 52402
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2 Bedroom Apartments
906 C Ave NW
906 C Ave NWCedar Rapids, IA 52405
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2 Bedroom Apartments
North Ridge
1820 A Ave NECedar Rapids, IA 52402
527 9th St SW
Cedar RapidsIA52404
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1 to 2 Bedroom Apartments
Cedar Crest Apartments
1100 O Ave NWCedar Rapids, IA 52405
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1 to 2 Bedroom Apartments
Chalet South
210 19th St NECedar Rapids, IA 52402
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Studio to 1 Bedroom Apartments
Geneva Tower
310 5th Ave SECedar Rapids, IA 52401
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.
Showing Results 1-28, Page 1 of 1
Downtown Cedar Rapids, Cedar Rapids, IA Local Guide
How much does it cost to rent an apartment in Downtown Cedar Rapids?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Cedar Rapids Studio Apartments | $975 | $448 | $1,395 |
| Downtown Cedar Rapids 1 Bedroom Apartments | $1,128 | $470 | $1,457 |
| Downtown Cedar Rapids 2 Bedroom Apartments | $1,385 | $475 | $2,460 |
| Downtown Cedar Rapids 3 Bedroom Apartments | $1,353 | $638 | $2,680 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 1 mile radius of the Downtown Cedar Rapids Neighborhood of Cedar Rapids, IA.
See all Apartments in Cedar RapidsExplore Cedar Rapids
Downtown Cedar Rapids, Cedar Rapids, IA Local Guide
- Nearby Cedar Rapids neighborhoods
- Nearby Cities
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- School Districts
Cheapest Available Downtown Cedar Rapids Apartments for Rent
The cheapest available apartment rental in the Downtown Cedar Rapids area of Cedar Rapids, IA is a 1 Bed unit found at The Roosevelt priced from $714. C Street Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here are the most affordable Downtown Cedar Rapids apartments for rent in Cedar Rapids, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Roosevelt | 1 Bedroom | 1BR,1BA | $714 |
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $725 |
| 1810 A Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $725 |
| Oak Hill Jackson Brickstones | 1 Bedroom | 1BR,1BA | $860 |
| Annex on the Square | Current 60% | Studio,1BA | $887 |
| Geneva Tower | 1 Bedroom 001 | 1BR,1BA | $888 |
| Cedar Rapids Brickstone | Two Bed | 2BR,2BA | $965 |
| Loftus Apartments | The Redmond SD (Level 5) | Studio,1BA | $1,185 |
| Stone Ridge Apartments & Townhomes | 1br, 1ba | 1BR,1BA | $1,200 |
| Sinclair on 16th | Layout 1ADA | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Downtown Cedar Rapids, IA
As of January 27, 2026 the best value apartment in the Downtown Cedar Rapids area is the $0.97 price per square foot 219 3rd Ave SW Model at 219 3rd Ave SW, Unit 219 3rd Ave SW Apt B in the in the Young's Hill neighborhood starting from $1,750. The second greatest value Downtown Cedar Rapids apartment is the 2 Bed 2 Bath Apartment Renovated Model at Oak Hill Apartments starting at $1,250 with a $1.16 price per square foot in the Young's Hill neighborhood. Here is today’s list of the best values for Downtown Cedar Rapids apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 219 3rd Ave SW, Unit 219 3rd Ave SW Apt B | 219 3rd Ave SW | 2BR,2BA | $0.97 |
| Oak Hill Apartments | 2 Bed 2 Bath Apartment Renovated | 2BR,2BA | $1.16 |
| Ashton Flats | The Benton 60% | 2BR,1BA | $1.20 |
| Cedar Rapids Brickstone | Two Bed | 2BR,2BA | $1.02 |
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $0.84 |
| Stone Ridge Apartments & Townhomes | 1br, 1ba | 1BR,1BA | $1.43 |
| The Roosevelt | 1 Bedroom | 1BR,1BA | $1.03 |
| Oak Hill Jackson Brickstones | 1 Bedroom | 1BR,1BA | $1.28 |
| 1810 A Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $1.17 |
| Annex on the Square | Current 60% | Studio ,1BA | $1.43 |
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.
Read ArticleCash 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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Best Local Schools in Downtown Cedar Rapids, Cedar Rapids, IA
Taylor Elementary School
Cedar Rapids Community School District
Public School - Grades PK-5 (296)
4 out of 10
Thomas Jefferson High School
Cedar Rapids Community School District
Public School - Grades 9-12 (1543)
1 out of 10
McKinley Middle School
Cedar Rapids Community School District
Public School - Grades 6-8 (448)
4 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Cedar Rapids Apartments
What is a cheap apartment in Downtown Cedar Rapids?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Cedar Rapids is under $1,225.
What is the price of a cheap apartment in Downtown Cedar Rapids?
The cheapest apartment in Downtown Cedar Rapids is The Roosevelt which is listed at $714, while the average apartment in Downtown Cedar Rapids costs $1,530.
What types of apartments are the cheapest in Downtown 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 13 regular apartments in Downtown Cedar Rapids that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.
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.
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.
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.