Cheap Apartments for Rent in Cedar Falls, IA from $400 (24 Rentals)

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property at 611 W 12th St

611 W 12th St

Cedar FallsIA50613

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 2104 College St

2104 College St

Cedar FallsIA50613
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2723 Terrace Drive
1 Bedroom Apartments

2723 Terrace Drive

2723 Terrace DrCedar Falls, IA 50613
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Cedar Square
2 to 3 Bedroom Apartments

Cedar Square

1813 W 8th StCedar Falls, IA 50613
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804 W 18th St
3 Bedroom Apartments

804 W 18th St

804 W 18th StCedar Falls, IA 50613
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1937 Pinehurst Ln
1 Bedroom Apartments

1937 Pinehurst Ln

1937 Pinehurst LnWaterloo, IA 50701
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1637 Carriage Hill Dr
2 Bedroom Apartments

1637 Carriage Hill Dr

1637 Carriage Hill DrWaterloo, IA 50701
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Westwood Apartments
2 Bedroom Apartments

Westwood Apartments

3270-3320 W 4th StWaterloo, IA 50701
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4th Street Manor
2 Bedroom Apartments

4th Street Manor

3805-3807 W 4th StWaterloo, IA 50701

Cedar Falls, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Falls, IA

Pricing Updated: 04/24/2025

Current apartment rentals in the Cedar Falls, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Cedar Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Cedar Falls$1,900$42538

Cheapest Available Cedar Falls Apartments for Rent

 

The cheapest available apartment rental in Cedar Falls, IA is a 4 Beds unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $425. University Manor in the Downtown Cedar Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Cedar Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Residences on College HillPrivate 1-Bedroom Apartment in a Spacious 4-Bed...4BR,1BA$425
University Manor1 BR/ 1 BA (NOW)1BR,1BA$745
1106-1110 Kent CircleKent Circle 1 Bed/1 Bath1BR,1BA$750
Brentwood Estates - Furnished & UnfurnishedOne bedroom beautifully updated1BR,1BA$795
Park @ Nine23A11BR,1BA$850

Best Value Apartments for Rent in Cedar Falls, IA

As of April 24, 2025 the best value apartment in the Cedar Falls area is the $1.08 price per square foot 2109 Walnut St Model at 2109 Walnut St, Unit WALNUT lower in the in the Downtown Cedar Falls neighborhood starting from $1,400. The second greatest value Cedar Falls apartment is the Beautiful HUGE 3 Bedroom/2 Bath Apartment in Gr... Model at Pineview Place Apartments starting at $1,150 with a $0.96 price per square foot . Here is today’s list of the best values for Cedar Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2109 Walnut St, Unit WALNUT lower2109 Walnut St4BR,2BA$1.08
Pineview Place ApartmentsBeautiful HUGE 3 Bedroom/2 Bath Apartment in Gr...3BR,2BA$0.96
Pointe West ApartmentsPointe West - 2-bedroom apartments2BR,2BA$0.98
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
1311 W 1st St, Unit 221311 W 1st St1BR,1BA$0.94
Gold Falls Villa Apartments2 BR/ 1 Bath - Furnished2BR,1BA$1.56
4th Street Manor4th St 2 Bed/ 1 Bath2BR,1BA$1.25
University Manor1 BR/ 1 BA (NOW)1BR,1BA$1.16
Brentwood Estates - Furnished & UnfurnishedBeautiful furnished 1 bedroom/1 bath apartment ...1BR,1BA$1.49
1106-1110 Kent CircleKent Circle 1 Bed/1 Bath1BR,1BA$1.56

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

Explore Cedar Falls, IA Rentals by Map

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Getting Around Cedar Falls, IA

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Cedar Falls Apartments

What is the price of a cheap apartment in Cedar Falls?

The cheapest apartment in Cedar Falls is Residences on College Hill which is listed at $435, while the average apartment in Cedar Falls costs $1,900.

What types of apartments are the cheapest in Cedar Falls?

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 20 regular apartments in Cedar Falls 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 Cedar Falls?

Cheap apartments in Cedar Falls have an average cost of $396 which is $1,504 cheaper than the average rent for all rentals in Cedar Falls.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.