Cheap Homes for Rent in Cedar Rapids, IA from $600 (9 Rentals)

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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.

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.

Cedar Rapids, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Rapids, IA

Pricing Updated: 03/16/2026

Current apartment rentals in the Cedar Rapids, IA area range in price from $425 to $2,546 with an overall median price of $1,329. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Grande Avenue at $448, Cedar Hills at $560, and Mound View at $448. 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
Grande Avenue$1,135$4484
Cedar Hills$1,200$56021
Mound View$1,295$4488
Oakhill Jackson$1,295$44857
Southwest Area$1,307$47048
Young's Hill$1,307$44856
Wellington Heights$1,322$44861
Downtown Cedar Rapids$1,350$44849
Taylor$1,350$47013
Northwest Area$1,375$44864

Cheapest Available Cedar Rapids Apartments for Rent

 

The cheapest available apartment rental in Cedar Rapids, IA is a 1 Bed unit found at Wedgewood Apartments in the Kenwood Park neighborhood priced from $445. Grand View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $460. Here is today’s list of the most affordable Cedar Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wedgewood Apartments1 Bedroom1BR,1BA$445
Grand View Apartments1bd1BR,1BA$460
Azure Apartments1bd1BR,1BA$500

Best Value Apartments for Rent in Cedar Rapids, IA

As of March 16, 2026 the best value apartment in the Cedar Rapids area is the $0.93 price per square foot 1 Bed 1 Bath Model at Coventry Lofts in the in the Young's Hill neighborhood starting from $955. The second greatest value Cedar Rapids apartment is the 2 Bedroom Flats Model at Regal Townhomes starting at $865 with a $0.84 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.
Coventry Lofts1 Bed 1 Bath1BR,1BA$0.93
Regal Townhomes2 Bedroom Flats2BR,1BA$0.84
CR Legacy2x23BR,2BA$0.72
Asbury Court2 Beds, 1 bath2BR,1BA$0.86
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$0.84
102 Oak St, Unit #4102 Oak St2BR,1BA$0.85
Country Club View2 BR / 1 BA2BR,1BA$0.80
Apache Park1 Bedroom1BR,1BA$0.99
Grand View Apartments1bd1BR,1BA$0.86
Azure Apartments1bd1BR,1BA$0.96

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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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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Quick Rent Budget Calculator

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cedar Rapids

What type of rentals are currently available in Cedar Rapids?

There are currently 323 Apartments for Rent in Cedar Rapids, IA with pricing that ranges from $425 to $2,546. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cedar Rapids ranging from $625 to $2,400.

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 $625 to $2,400 with an average monthly rent of $1,331.

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 $2,546, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,125 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,471.

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

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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.

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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.

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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.

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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.