Cheap Apartments for Rent in the Southwest Area Cedar Rapids, IA from $400 (16 Rentals)

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

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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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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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
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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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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.

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Geneva Tower
Studio to 1 Bedroom Apartments

Geneva Tower

310 5th Ave SECedar Rapids, IA 52401
Senior Living
  • Utilities Included

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 The Roosevelt priced from $714. C Street Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here are the most affordable Southwest Area apartments for rent in Cedar Rapids, IA:

Apartment ListingModel NameBed/BathPriced From
The Roosevelt1 Bedroom1BR,1BA$714
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$725
Oak Hill Jackson Brickstones1 Bedroom1BR,1BA$860
Annex on the SquareCurrent 60%Studio,1BA$887
Geneva Tower1 Bedroom 0011BR,1BA$888

Best Value Apartments for Rent in Southwest Area, IA

As of January 25, 2026 the best value apartment in the Southwest Area area is the $0.97 price per square foot 219 3rd Ave SW Model at 219 3rd Ave SW, Unit 219 3rd Ave SW Apt B in the in the Young's Hill neighborhood starting from $1,750. The second greatest value Southwest Area apartment is the 2 Bed 2 Bath Apartment Renovated Model at Oak Hill Apartments starting at $1,250 with a $1.16 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.
219 3rd Ave SW, Unit 219 3rd Ave SW Apt B219 3rd Ave SW2BR,2BA$0.97
Oak Hill Apartments2 Bed 2 Bath Apartment Renovated2BR,2BA$1.16
The Retreat on 6thVilla3BR,1.5BA$1.23
Cedar Rapids BrickstoneTwo Bed2BR,2BA$1.02
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$0.84
Sinclair on 16thLayout 2A2BR,1BA$1.65
Stone Ridge Apartments & Townhomes1br, 1ba1BR,1BA$1.43
The Roosevelt1 Bedroom1BR,1BA$1.03
Oak Hill Jackson Brickstones1 Bedroom1BR,1BA$1.28
Annex on the SquareCurrent 60%Studio ,1BA$1.43

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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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 a cheap apartment in Southwest Area?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Area is under $1,250.

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

The cheapest apartment in Southwest Area is The Roosevelt which is listed at $714, while the average apartment in Southwest Area costs $1,510.

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 22 regular apartments in Southwest Area that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Southwest Area?

Cheap apartments in Southwest Area have an average cost of $356 which is $1,154 cheaper than the average rent for all rentals in Southwest Area.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.