Cheap Homes for Rent in Cedar Rapids, IA from $650 (13 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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Cedar Rapids, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Rapids, IA

Pricing Updated: 09/14/2026

Current apartment rentals in the Cedar Rapids, IA area range in price from $481 to $2,794 with an overall median price of $1,040. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Mound View at $880, Grande Avenue at $985, and Kenwood Park at $1,026. 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
Mound View$880$67510
Grande Avenue$985$7001
Kenwood Park$1,026$48145
Young's Hill$1,042$70012
Cedar Hills$1,045$56018
Oakhill Jackson$1,047$52518
Usher's Ferry Historic Village$1,047$56032
Wellington Heights$1,047$52522
Northwest Area$1,048$67520
Southwest Area$1,070$7157

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 $460. Blairs Ferry in the Kenwood Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $481. Here is today’s list of the most affordable Cedar Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand View Apartments1bd1BR,1BA$460
Blairs Ferry1A 30%1BR,1BA$481
Azure Apartments1bd1BR,1BA$500
Country Club View1 BR/ BA1BR,1BA$525
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$560

Best Value Apartments for Rent in Cedar Rapids, IA

As of September 14, 2026 the best value apartment in the Cedar Rapids area is the $0.55 price per square foot 4 Bed/ 4 Bath apartment Model at Eagle's Nest Apartments in the in the Corridor Ridge neighborhood starting from $575. The second greatest value Cedar Rapids apartment is the 220 19th Street Northeast - E-323 Model at 220 19th Street Northeast starting at $880 with a $0.85 price per square foot in the Mound View neighborhood. 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.
Eagle's Nest Apartments4 Bed/ 4 Bath apartment4BR,4BA$0.55
220 19th Street Northeast220 19th Street Northeast - E-3232BR,2BA$0.85
Regal Townhomes2 Bedroom Flats2BR,1BA$0.84
Asbury Court2 Beds, 1 bath2BR,1BA$0.86
3190 8th St, Unit 33190 8th St2BR,1BA$0.85
Country Club View2 BR / 1 BA2BR,1BA$0.79
860 10th St, Unit Apt 2860 10th St1BR,1BA$0.88
4009 Westover Rd SE4009 Westover Rd SE - 32BR,1BA$0.92
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about Cedar Rapids

What type of rentals are currently available in Cedar Rapids?

There are currently 343 Apartments for Rent in Cedar Rapids, IA with pricing that ranges from $460 to $2,794. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cedar Rapids ranging from $650 to $4,000.

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 $650 to $4,000 with an average monthly rent of $1,805.

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 $835 to $2,652, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,688.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.