close
View Me
from $4251 to 4 Bedroom Apartments Available Now
Residences at College Hill
2112 Merner AveCedar Falls, IA 50613
Cheap Apartments for Rent in the Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Cedar Falls area of Cedar Falls.
201 Main St
Cedar FallsIA50613
close
View Me
from $735Studio to 2 Bedroom Apartments Available Now
University Manor
1939 College StCedar Falls, IA 50613
501 W 2nd St
Cedar FallsIA50613
611 W 12th St
Cedar FallsIA50613
close
View Me
from $8451 to 2 Bedroom Apartments Available Now
Thunder Ridge Apartments
2206 Thunder Ridge BlvdCedar Falls, IA 50613
close
View Me
close
View Me
Rent Specials
from $8501 to 2 Bedroom Apartments Available Now
Park @ Nine23
923 Maplewood DrCedar Falls, IA 50613
2104 College St
Cedar FallsIA50613
close
View Me
close
View Me
Showing Results 1-11, Page 1 of 1
Downtown Cedar Falls, Cedar Falls, IA Local Guide
Big Woods Lake Sunset by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent an apartment in Downtown Cedar Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Cedar Falls Studio Apartments | $1,010 | $735 | $1,135 |
| Downtown Cedar Falls 1 Bedroom Apartments | $1,062 | $625 | $1,600 |
| Downtown Cedar Falls 2 Bedroom Apartments | $1,314 | $865 | $3,433 |
| Downtown Cedar Falls 3 Bedroom Apartments | $1,350 | $1,300 | $1,400 |
| Downtown Cedar Falls 4 Bedroom Apartments | $1,305 | $425 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Cedar Falls Neighborhood of Cedar Falls, IA.
See all Apartments in Cedar FallsExplore Cedar Falls
Downtown Cedar Falls, Cedar Falls, IA Local Guide
- Nearby Cedar Falls neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Cedar Falls Apartments for Rent
The cheapest available apartment rental in the Downtown Cedar Falls area of Cedar Falls, IA is a 4 Beds unit found at Residences at College Hill priced from $425. Park @ Nine23 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Downtown Cedar Falls apartments for rent in Cedar Falls, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences at College Hill | Private 1-Bedroom Apartment in a Spacious 4-Bed... | 4BR,1BA | $425 |
| Park @ Nine23 | A1 | 1BR,1BA | $850 |
| Falls Edge Studios | Studio B | Studio,1BA | $850 |
| University Manor | Luxary Studio (June '25) | Studio,1BA | $888 |
| Thunder Ridge Apartments | Beautiful 2 Bedroom/1 Bath | 2BR,1BA | $995 |
Best Value Apartments for Rent in Downtown Cedar Falls, IA
As of April 07, 2025 the best value apartment in the Downtown Cedar Falls area is the $2.15 price per square foot XL 2 Bedroom @ 250 Model at River Place in the in the Downtown Cedar Falls neighborhood starting from $3,433. The second greatest value Downtown Cedar Falls apartment is the 2109 Walnut St Model at 2109 Walnut St, Unit WALNUT lower starting at $1,400 with a $1.08 price per square foot in the Downtown Cedar Falls neighborhood. Here is today’s list of the best values for Downtown Cedar Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Place | XL 2 Bedroom @ 250 | 2BR,2BA | $2.15 |
| 2109 Walnut St, Unit WALNUT lower | 2109 Walnut St | 4BR,2BA | $1.08 |
| Residences at College Hill | Large 4-Bedroom Apartment, Perfect for Roommate... | 4BR,1BA | $1.89 |
| Thunder Ridge Apartments | Furnished 1 Bedroom/1 Bath Apartment | 1BR,1BA | $1.56 |
| The Residence @ Willow Falls | 1 Bed A w/Balcony | 1BR,1BA | $2.31 |
| Park @ Nine23 | A1_Reno | 1BR,1BA | $1.65 |
| Arabella: 200 W 1st St - Cedar Falls | Furnished 1-Bed A | 1BR,1BA | $3.05 |
| Falls Edge Studios | Studio B | Studio ,1BA | $2.83 |
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.
Let everyone know!
Do you know the Downtown Cedar Falls area?
If you’re an expert on all things Downtown Cedar Falls, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Cedar Falls, Cedar Falls, IA
Ranked #1
Among neighborhoods in Cedar Falls, IA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Downtown Cedar Falls Neighborhood in Cedar Falls, IA
Walk Score®
77 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
82 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
26 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Cedar Falls Apartments
What is the price of a cheap apartment in Downtown Cedar Falls?
The cheapest apartment in Downtown Cedar Falls is Park @ Nine23 which is listed at $850, while the average apartment in Downtown Cedar Falls costs $1,400.
What types of apartments are the cheapest in Downtown 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 21 regular apartments in Downtown Cedar Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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.
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.
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.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.