Cheap Apartments for Rent near Cedar Rapids, NE from $546 (38 Rentals)

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

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Leisure Apartments
1 to 2 Bedroom Apartments

Leisure Apartments

825 E 6th StWayne, NE 68787
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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535 Flats
Studio to 4 Bedroom Apartments

535 Flats

535 N Minden AveMinden, NE 68959

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.

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Cedar Rapids, NE Local Guide

Cheapest Available Cedar Rapids Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cedar Rapids, NE is a 2 Beds unit found at Cedar Park Apartments priced from $546. Oak Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $580. Here is today’s list of the most affordable Cedar Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Park ApartmentsAffordable (30%) - 2 Bed, 1 Bath (989 sq ft)2BR,1BA$546
Oak Park ApartmentsEfficiency - InteriorStudio,1BA$580
The Residences @ Liberty Campus-55+ Community1/11BR,1BA$700
Erin Apartments2 Beds, 1 bath2BR,1BA$750
LongLeaf Apartments1 Bedroom1BR,1BA$750
The Apartment Place1BR/1BA1BR,1BA$895
Grandview ApartmentsUnit 1A1BR,1BA$900
Highland View ApartmentsBonsaiStudio,1BA$910
Village at Kearney ApartmentsTwo Bedroom Two Bath2BR,2BA$940
HANGAR 55 AT THEATRE DISTRICTTetonStudio,1BA$965

Best Value Apartments for Rent in Cedar Rapids, NE and Nearby

As of September 10, 2026 the best value apartment in the Cedar Rapids area is the $1.23 price per square foot C1R Model at Lakeside Village Apartment Homes in the in the West A neighborhood starting from $1,710. The second greatest value Cedar Rapids apartment is the 2 Beds, 1 bath Model at 414 W Phillip Ave starting at $1,450 with a $1.16 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.
Lakeside Village Apartment HomesC1R3BR,2BA$1.23
414 W Phillip Ave2 Beds, 1 bath2BR,1BA$1.16
Residences at Oak Pointe2 Bed, 2 Bath2BR,2BA$1.17
Autumn Park ApartmentsUnit 2.2A2BR,2BA$1.05
Cherry Park2BR/1.0BA2BR,1BA$1.18
Cedar Ridge2 Bed 2 Bath2BR,2BA$1.20
The Residences @ Liberty Campus-55+ Community2/12BR,1BA$1.13
The Apartment Place1BR/1BA1BR,1BA$1.07
Village at Kearney ApartmentsTwo Bedroom Two Bath2BR,2BA$1.21
LongLeaf Apartments1 Bedroom1BR,1BA$1.06

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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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!

Explore Cedar Rapids, NE Rentals by Map

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Frequently Asked Questions about Cheap Cedar Rapids Apartments

What is the Cheapest Studio apartment in Cedar Rapids?

Currently the most affordable Cheap Studio Apartment in Cedar Rapids is at Oak Park Apartments listed at $580.

How much is rent for a Cheap One Bedroom Cedar Rapids Apartment?

The lowest price for a Cheap One Bedroom Cedar Rapids Apartment is $700 at The Residences @ Liberty Campus-55+ Community.

What is the lowest price for a Cheap Two Bedroom Cedar Rapids Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cedar Rapids is starting from $546 at Cedar Park Apartments.

What is the most affordable Cedar Rapids Three Bedroom Apartment?

The best deal on a cheap Cedar Rapids Three Bedroom Apartment rental is at Village at Kearney Apartments and starts from $955.

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.