Cheap Apartments for Rent in Cedar Rapids, IA from $300 (137 Rentals)

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

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property at 317 8th St SE

317 8th St SE

Cedar RapidsIA52401
Showing Results 1-50, Page 1 of 3

Cedar Rapids, IA Local Guide

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Cheapest Neighborhoods for Apartments in Cedar Rapids, IA

Pricing Updated: 04/25/2025

Current apartment rentals in the Cedar Rapids, IA area range in price from $425 to $97,500 with an overall median price of $1,349. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Cedar Hills at $555, Usher's Ferry Historic Village at $545, and Southwest Area at $535. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Cedar Rapids Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cedar Hills$1,125$55541
Usher's Ferry Historic Village$1,202$54569
Southwest Area$1,250$53560
Young's Hill$1,250$53580
Oakhill Jackson$1,295$69044
Lincolnway Village$1,347$42512
Downtown Cedar Rapids$1,365$53560
Wellington Heights$1,365$52592
Grande Avenue$1,395$52565
Northwest Area$1,395$53586

Cheapest Available Cedar Rapids Apartments for Rent

 

The cheapest available apartment rental in Cedar Rapids, IA is a 1 Bed unit found at Grand View Apartments priced from $440. Wedgewood Apartments in the Kenwood Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $445. Here is today’s list of the most affordable Cedar Rapids apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand View Apartments1bd1BR,1BA$440
Wedgewood Apartments1 Bedroom1BR,1BA$445
Azure Apartments1bd1BR,1BA$495
Country Club View1 BR/ BA1BR,1BA$525
1810 A Ave NE1 Beds, 1 Baths1BR,1BA$545
Cedar Ridge ApartmentsNewly redone1BR,1BA$545
Shamrock ApartmentsShamrock small 1 bedroom1BR,1BA$555
Goldfinch Meadows1 BR/ 1 BA1BR,1BA$575
The GardensOG 1br basement1BR,1BA$595

Best Value Apartments for Rent in Cedar Rapids, IA

As of April 25, 2025 the best value apartment in the Cedar Rapids area is the $0.86 price per square foot 3 Bedroom Model at Overlook 380 in the in the Wellington Heights neighborhood starting from $1,030. The second greatest value Cedar Rapids apartment is the 2 Beds, 1 Baths Model at 1716 D Ave NE starting at $750 with a $0.63 price per square foot in the Mound View neighborhood. 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.
Overlook 3803 Bedroom3BR,2BA$0.86
1716 D Ave NE2 Beds, 1 Baths2BR,1BA$0.63
Coventry LoftsCLM110321BR,1BA$0.82
Regal Townhomes2 Bedroom Flats2BR,1BA$0.83
Crestwood Ridge Apartments2 Beds, 2 baths2BR,2BA$0.76
C Street Townhomes2 bedrrom -side by side townhome2BR,2BA$0.84
102 Oak St, Unit #4102 Oak St2BR,1BA$0.85
Country Club View1 BR/ BA1BR,1BA$0.70
1810 A Ave NE1 Beds, 1 Baths1BR,1BA$0.88
814 3rd Ave SE, Unit 3814 3rd Ave SE1BR,1BA$0.89

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Cedar Rapids Overview

Interested in an apartment in Cedar Rapids? There are plenty of worthy apartments to choose from in this beautiful mid-western city. Cedar Rapids is the second largest city in Iowa so you’ll find plenty to do and a vast employment landscape to explore. The scenic Cedar River cuts through the city, adding natural intrigue and character to its surroundings.

Why live in Cedar Rapids, IA?

If you decide on one of the many Cedar Rapids apartments available, you’ll have a desirable place to call home. The city features an attractive downtown area, has a low cost of living compared to other US cities and is rich in culture and arts. The city features an art museum and a symphony. Your new home will be the perfect place to stay active whether you like to walk, jog, play tennis or bike. You’ll also be only a short drive from rural living whenever you need a break.

Best Local Schools in
Cedar Rapids, IA

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Remember the 3 Rules of Real Estate:
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Explore Cedar Rapids, IA Rentals by Map

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See the most popular apartments and homes in Cedar Rapids, IA

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Getting Around Cedar Rapids, IA

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

23 / 100

Minimal Transit

It may be possible to get on a bus

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 Cedar Rapids Apartments

What is a cheap apartment in Cedar Rapids?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cedar Rapids is under $595.

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

The cheapest apartment in Cedar Rapids is Grand View Apartments which is listed at $440, while the average apartment in Cedar Rapids costs $1,349.

What types of apartments are the cheapest in Cedar Rapids?

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 156 regular apartments in Cedar Rapids 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 Rapids?

Cheap apartments in Cedar Rapids have an average cost of $238 which is $1,111 cheaper than the average rent for all rentals in Cedar Rapids.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.