Cheap Homes for Rent in Cedar Rapids, IA from $400 (15 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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.

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.

property at 1712 A Ave NE

1712 A Ave NE

Cedar RapidsIA52402

Cedar Rapids, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Rapids, IA

Pricing Updated: 06/14/2025

Current apartment rentals in the Cedar Rapids, IA area range in price from $425 to $2,625 with an overall median price of $1,664. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Cedar Hills at $555, Young's Hill at $470, and Oakhill Jackson at $690. 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
Cedar Hills$1,150$55539
Young's Hill$1,170$47086
Oakhill Jackson$1,250$69043
Taylor$1,260$47050
Lincolnway Village$1,275$42513
Downtown Cedar Rapids$1,330$47068
Usher's Ferry Historic Village$1,330$47073
Northwest Area$1,400$470114
Southwest Area$1,458$47069
Wellington Heights$2,137$470118

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 $440. Wedgewood Apartments in the Kenwood Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $445. Here is today’s list of the most affordable Cedar Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand View Apartments1bd1BR,1BA$440
Wedgewood Apartments1 Bedroom1BR,1BA$445
Azure Apartments1bd1BR,1BA$495
Country Club View1 BR/ BA1BR,1BA$525
Cedar Ridge Apartments1 bedroom1BR,1BA$545

Best Value Apartments for Rent in Cedar Rapids, IA

As of June 14, 2025 the best value apartment in the Cedar Rapids area is the $0.90 price per square foot 3 Bedroom Townhouse Model at Anderson Greene I in the in the Lincolnway Village neighborhood starting from $1,225. The second greatest value Cedar Rapids apartment is the 2 Bedroom Flats Model at Regal Townhomes starting at $850 with a $0.83 price per square foot . 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.
Anderson Greene I3 Bedroom Townhouse3BR,1.5BA$0.90
Regal Townhomes2 Bedroom Flats2BR,1BA$0.83
Crestwood Ridge Apartments2 Beds, 2 baths2BR,2BA$0.76
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$0.84
102 Oak St, Unit #4102 Oak St2BR,1BA$0.85
North Ridge2 Beds, 1 Baths2BR,1BA$0.91
Country Club View1 BR/ BA1BR,1BA$0.70
Cedar Ridge Apartments1 bedroom1BR,1BA$0.91
Grand View Apartments1bd1BR,1BA$0.82
Azure Apartments1bd1BR,1BA$0.95

Quick Rent Budget Calculator

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Frequently Asked Questions about Cedar Rapids

What type of rentals are currently available in Cedar Rapids?

There are currently 336 Apartments for Rent in Cedar Rapids, IA with pricing that ranges from $425 to $2,625. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cedar Rapids ranging from $440 to $2,000.

What is the current price range for Rental Homes in Cedar Rapids?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cedar Rapids ranges from $440 to $2,000 with an average monthly rent of $1,219.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cedar Rapids range from $425 to $2,617, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,600.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.