Cheap Homes for Rent in Downtown Cedar Falls Neighborhood of Cedar Falls, IA from $1,000 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Cedar Falls area of Cedar Falls.

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Downtown Cedar Falls, Cedar Falls, IA Local Guide

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 ListingModel NameBed/BathPriced From
Residences at College HillPrivate 1-Bedroom Apartment in a Spacious 4-Bed...4BR,1BA$425
Park @ Nine23A11BR,1BA$850
University ManorLuxary Studio (June '25)Studio,1BA$888
Falls Edge StudiosStudio B REVStudio,1BA$900
Thunder Ridge ApartmentsTR 2 Bed/1 Bath2BR,1BA$995

Best Value Apartments for Rent in Downtown Cedar Falls, IA

As of April 10, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceXL 2 Bedroom @ 2502BR,2BA$2.15
2109 Walnut St, Unit WALNUT lower2109 Walnut St4BR,2BA$1.08
Residences at College HillLarge 4-Bedroom Apartment, Perfect for Roommate...4BR,1BA$1.89
Thunder Ridge ApartmentsFurnished 1 Bedroom/1 Bath Apartment1BR,1BA$1.56
The Residence @ Willow Falls1 Bed A w/Balcony1BR,1BA$2.31
Park @ Nine23A1_Reno1BR,1BA$1.65
Arabella: 200 W 1st St - Cedar FallsFurnished 1-Bed B1BR,1BA$3.05
Falls Edge StudiosStudio B REVStudio ,1BA$3.06

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Frequently Asked Questions about Downtown Cedar Falls

What type of rentals are currently available in Downtown Cedar Falls?

There are currently 50 Apartments for Rent in Downtown Cedar Falls, IA with pricing that ranges from $425 to $3,433. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Cedar Falls ranging from $1,000 to $3,433.

What is the current price range for Rental Homes in Downtown Cedar Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Cedar Falls ranges from $1,000 to $3,433 with an average monthly rent of $1,771.

How much are larger Three and Four Bedroom Rentals in Downtown Cedar Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Cedar Falls range from $1,300 to $1,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $425.

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.

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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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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.

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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.