Cheap Homes for Rent in Downtown Cedar Rapids Neighborhood of Cedar Rapids, IA from $600 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Cedar Rapids area of Cedar Rapids.

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Downtown Cedar Rapids, Cedar Rapids, IA Local Guide

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 1716 D Ave NE priced from $625. Oak Hill Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Downtown Cedar Rapids apartments for rent in Cedar Rapids, IA:

Apartment ListingModel NameBed/BathPriced From
1716 D Ave NE1 Beds, 1 Baths1BR,1BA$625
Oak Hill Apartments1 Bedroom Restricted1BR,1BA$695
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$725
North Ridge2 Beds, 1 Baths2BR,1BA$725
The Roosevelt1 Bedroom1BR,1BA$745

Best Value Apartments for Rent in Downtown Cedar Rapids, IA

As of September 14, 2025 the best value apartment in the Downtown Cedar Rapids area is the $1.07 price per square foot The Benton Model at Ashton Flats in the in the Young's Hill neighborhood starting from $1,095. The second greatest value Downtown Cedar Rapids apartment is the 2 Bedroom Restricted Model at Oak Hill Apartments starting at $1,050 with a $1.05 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ashton FlatsThe Benton2BR,1BA$1.07
Oak Hill Apartments2 Bedroom Restricted2BR,2BA$1.05
Depot Building C Luxury Rentals2BR/2.0BA2BR,2BA$1.50
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$0.84
North Ridge2 Beds, 1 Baths2BR,1BA$0.91
136 21st Ave SW, Unit 2136 21st Ave SW2BR,1BA$1.24
NewBo LoftsLayout 1ADA1BR,1BA$1.74
NewBo Ivy1 Bed 1 Bath1BR,1BA$1.50
1716 D Ave NE2 Beds, 1 Baths2BR,1BA$1.04
The Roosevelt1 Bedroom1BR,1BA$1.07

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Pet Friendly Lifestyle
Downtown Cedar Rapids, Cedar Rapids, IA

Ranked #11

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Cedar Rapids, Cedar Rapids, IA

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 112 Apartments for Rent in Downtown Cedar Rapids, IA with pricing that ranges from $456 to $2,160. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Cedar Rapids ranging from $650 to $2,000.

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 $650 to $2,000 with an average monthly rent of $1,402.

How much are larger Three and Four Bedroom Rentals in Downtown Cedar Rapids?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Cedar Rapids range from $1,085 to $1,625, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,850. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,255.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.