Cheap Apartments for Rent in the Southwest Area Cedar Rapids, IA from $400 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southwest Area area of Cedar Rapids.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

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415 3rd St SE, Unit #303
$1,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375
1 Bedroom Apartment Available Jun 15

415 3rd St SE, Unit #303

415 3rd St SECedar Rapids, IA 52401
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803 17th St SE
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500
1 Bedroom Apartment Available Now

803 17th St SE

803 17th St SECedar Rapids, IA 52403
Furnished
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Westgate Apartments
1 to 2 Bedroom Apartments

Westgate Apartments

802-816 15th Ave SWCedar Rapids, IA 52404
  • Utilities Included
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Westhill Apartments
2 Bedroom Apartments

Westhill Apartments

1610 Seminole Ave NWCedar Rapids, IA 52405
  • Utilities Included

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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906 C Ave NW
2 Bedroom Apartments

906 C Ave NW

906 C Ave NWCedar Rapids, IA 52405
  • Utilities Included
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Grand Vision on 33rd
1 to 2 Bedroom Apartments

Grand Vision on 33rd

135-141 SW 33rd AveCedar Rapids, IA 52404
  • Utilities Included
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Geneva Tower
Studio to 1 Bedroom Apartments

Geneva Tower

310 5th Ave SECedar Rapids, IA 52401
Senior Living
  • Utilities Included
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Shamrock
3 Bedroom Apartments

Shamrock

606 2nd Ave SWCedar Rapids, IA 52404
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Annex on the Square
Studio to 2 Bedroom Apartments

Annex on the Square

501 4th Ave SECedar Rapids, IA 52401
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Rock Ridge Condominiums
2 Bedroom Apartments

Rock Ridge Condominiums

2005 Rockford Rd SWCedar Rapids, IA 52404
  • Utilities Included

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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The Depot
1 to 3 Bedroom Apartments

The Depot

1120 Depot LnCedar Rapids, IA 52401

Southwest Area, Cedar Rapids, IA Local Guide

Cheapest Available Southwest Area Apartments for Rent

 

The cheapest available apartment rental in the Southwest Area area of Cedar Rapids, IA is a 1 Bed unit found at Village priced from $635. Oak Hill Jackson Brickstones has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here are the most affordable Southwest Area apartments for rent in Cedar Rapids, IA:

Apartment ListingModel NameBed/BathPriced From
Village1 Bedroom1BR,1BA$635
Oak Hill Jackson Brickstones1 Bedroom1BR,1BA$715
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$725
Geneva Tower1 Bedroom MKT0611BR,1BA$885
The Roosevelt1 Bedroom1BR,1BA$972
Annex on the SquareCurrent 60%Studio,1BA$985
Oak Hill Apartments2 Bed 2 Bath Apartment Renovated2BR,2BA$1,300
Stone Ridge Apartments & Townhomes1br, 1ba1BR,1BA$1,300
NewBo LoftsLayout SStudio,1BA$1,395

Best Value Apartments for Rent in Southwest Area, IA

As of June 11, 2026 the best value apartment in the Southwest Area area is the $1.59 price per square foot Layout 2C Model at NewBo Lofts in the in the Young's Hill neighborhood starting from $1,795. The second greatest value Southwest Area apartment is the 2 Bed 2 Bath Apartment Renovated Model at Oak Hill Apartments starting at $1,300 with a $1.21 price per square foot in the Young's Hill neighborhood. Here is today’s list of the best values for Southwest Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
NewBo LoftsLayout 2C2BR,2BA$1.59
Oak Hill Apartments2 Bed 2 Bath Apartment Renovated2BR,2BA$1.21
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$0.84
803 17th St SE803 17th St SE1BR,1BA$2.03
Stone Ridge Apartments & Townhomes1br, 1ba1BR,1BA$1.79
The Roosevelt1 Bedroom1BR,1BA$1.43
Oak Hill Jackson Brickstones1 Bedroom1BR,1BA$1.07
Annex on the SquareCurrent 60%Studio ,1BA$1.59
Geneva Tower1 Bedroom B-0011BR,1BA$2.20
Village2 Bedroom2BR,1BA$11.25

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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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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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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Pet Friendly Lifestyle
Southwest Area, Cedar Rapids, IA

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Southwest Area Apartments

What is the price of a cheap apartment in Southwest Area?

The cheapest apartment in Southwest Area is Village which is listed at $635, while the average apartment in Southwest Area costs $1,342.

What types of apartments are the cheapest in Southwest Area?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Southwest Area that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.