1534 3rd Ave SE
Cedar RapidsIA52403
Cheap Homes for Rent in Downtown Cedar Rapids Neighborhood of Cedar Rapids, IA from $600 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Cedar Rapids area of 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.
124 10th St SW
Cedar RapidsIA52404
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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Downtown Cedar Rapids, Cedar Rapids, IA Local Guide
How much does it cost to rent a home in Downtown Cedar Rapids?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Cedar Rapids 2 Bedroom Homes for Rent | $1,435 | $875 | $2,400 |
| Downtown Cedar Rapids 3 Bedroom Homes for Rent | $1,389 | $1,125 | $1,635 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the Downtown Cedar Rapids Neighborhood of Cedar Rapids, IA.
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Downtown Cedar Rapids, Cedar Rapids, IA Local Guide
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Best Value Apartments for Rent in Downtown Cedar Rapids, IA
As of March 19, 2026 the best value apartment in the Downtown Cedar Rapids area is the $1.16 price per square foot 2 Bed 2 Bath Apartment Renovated Model at Oak Hill Apartments in the in the Young's Hill neighborhood starting from $1,250. The second greatest value Downtown Cedar Rapids apartment is the 2br, 1ba Model at Stone Ridge Apartments & Townhomes starting at $1,400 with a $1.34 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. |
|---|---|---|---|
| Oak Hill Apartments | 2 Bed 2 Bath Apartment Renovated | 2BR,2BA | $1.16 |
| Stone Ridge Apartments & Townhomes | 2br, 1ba | 2BR,1BA | $1.34 |
| Coventry Lofts | The 1898 : 1 Bed / 1 Bath | 1BR,1BA | $0.93 |
| C Street Townhomes | 2 bedrrom -side by side townhome | 2BR,2BA | $0.84 |
| Sinclair on 16th | Layout 2A | 2BR,1BA | $1.65 |
| Loftus Apartments | The Sinclair 1A (Level 3) | 1BR,1BA | $1.78 |
| 245 Kingston Cedar Rapids | LUXURY CORNER SUITE - 750sqft | Studio ,1BA | $1.76 |
| The Roosevelt | 1 Bedroom | 1BR,1BA | $1.00 |
| Oak Hill Jackson Brickstones | 1 Bedroom | 1BR,1BA | $1.13 |
| Annex on the Square | Current 60% | Studio ,1BA | $1.43 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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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 (0)
4 out of 10
Thomas Jefferson High School
Cedar Rapids Community School District
Public School - Grades 9-12 (0)
1 out of 10
McKinley Middle School
Cedar Rapids Community School District
Public School - Grades 6-8 (0)
4 out of 10
School data provided by Great Schools
Frequently Asked Questions about Downtown Cedar Rapids
What type of rentals are currently available in Downtown Cedar Rapids?
There are currently 109 Apartments for Rent in Downtown Cedar Rapids, IA with pricing that ranges from $448 to $1,850. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Cedar Rapids ranging from $675 to $2,400.
What is the current price range for Rental Homes in Downtown Cedar Rapids?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Cedar Rapids ranges from $675 to $2,400 with an average monthly rent of $1,166.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.