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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 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Cedar Rapids area of Cedar Rapids.
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$468 - $1,2551 to 4 Bedroom Apartments Contact Us For Availability
Kingston Village Apartments
600 2nd St SWCedar Rapids, IA 52404
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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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$705 - $1,020Studio to 2 Bedroom Apartments Available Now
Cedar River Tower Apartments
100 1st Ave NECedar 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
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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906 C Ave NW
Cedar RapidsIA52405
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Rent Specials
$734 - $984Studio to 2 Bedroom Apartments Available Now
The Roosevelt
200 1st Ave NECedar Rapids, IA 52401
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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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1534 3rd Ave SE
Cedar RapidsIA52403
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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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527 9th St SW
Cedar RapidsIA52404
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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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182 14th Ave SW
Cedar RapidsIA52404
Showing Results 1-27, 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 | $1,000 | $448 | $1,395 |
| Downtown Cedar Rapids 1 Bedroom Apartments | $1,006 | $468 | $1,635 |
| Downtown Cedar Rapids 2 Bedroom Apartments | $1,176 | $475 | $1,795 |
| Downtown Cedar Rapids 3 Bedroom Apartments | $1,082 | $638 | $1,422 |
| Downtown Cedar Rapids 4 Bedroom Apartments | $1,377 | $1,255 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 27 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
- ZIP codes
- Local Counties
- 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 2 Beds unit found at C Street Townhomes priced from $725. 1810 A Ave NE has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $725 |
| 1810 A Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $725 |
| The Roosevelt | 1 Bedroom | 1BR,1BA | $734 |
| Cedar River Tower Apartments | Junior 1 bed | 1BR,1BA | $765 |
| Geneva Tower | Studio 061 | Studio,1BA | $770 |
| Cedar Rapids Brickstone | Three Bed | 3BR,2BA | $770 |
| Oak Hill Jackson Brickstones | 1 Bedroom | 1BR,1BA | $860 |
| Annex on the Square | Current (LIHTC) | Studio,1BA | $887 |
| NewBo Lofts | Layout 1A | 1BR,1BA | $1,028 |
| Oak Hill Apartments | 2 Bedroom 2 Bathroom Apartment | 2BR,2BA | $1,050 |
Best Value Apartments for Rent in Downtown Cedar Rapids, IA
As of December 13, 2025 the best value apartment in the Downtown Cedar Rapids area is the $1.20 price per square foot The Benton 60% Model at Ashton Flats in the in the Young's Hill neighborhood starting from $1,237. The second greatest value Downtown Cedar Rapids apartment is the 2 Bedroom 2 Bathroom Apartment Model at Oak Hill Apartments starting at $1,050 with a $1.06 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. |
|---|---|---|---|
| Ashton Flats | The Benton 60% | 2BR,1BA | $1.20 |
| Oak Hill Apartments | 2 Bedroom 2 Bathroom Apartment | 2BR,2BA | $1.06 |
| Cedar Rapids Brickstone | Two Bed | 2BR,2BA | $1.02 |
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $0.84 |
| NewBo Lofts | Layout 1ADA | 1BR,1BA | $1.74 |
| The Roosevelt | 1 Bedroom | 1BR,1BA | $1.05 |
| Oak Hill Jackson Brickstones | 1 Bedroom | 1BR,1BA | $1.28 |
| 1810 A Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $1.17 |
| Cedar River Tower Apartments | Junior 1 bed | 1BR,1BA | $1.36 |
| Geneva Tower | 1 Bedroom 001 | 1BR,1BA | $1.71 |
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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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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Pet Friendly LifestyleDowntown Cedar Rapids, Cedar Rapids, IA
Ranked #9
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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
Getting Around the Downtown Cedar Rapids Neighborhood in Cedar Rapids, IA
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
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 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 $1,050.
What is the price of a cheap apartment in Downtown Cedar Rapids?
The cheapest apartment in Downtown Cedar Rapids is 1810 A Ave NE which is listed at $725, while the average apartment in Downtown Cedar Rapids costs $1,377.
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 22 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
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.