Cheap Homes for Rent in Cedar Rapids, IA from $500 (17 Rentals)

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property at 124 10th St SW

124 10th St SW

Cedar RapidsIA52404
Showing Results 1-17, Page 1 of 1

Cedar Rapids, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Rapids, IA

Pricing Updated: 04/13/2025

Current apartment rentals in the Cedar Rapids, IA area range in price from $500 to $4,950 with an overall median price of $2,607. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Oakhill Jackson at $1,150, Young's Hill at $675, and Southwest Area at $675. 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
Oakhill Jackson$1,345$1,1502
Young's Hill$1,400$67516
Southwest Area$1,407$67515
Taylor$1,412$6759
Downtown Cedar Rapids$1,432$67523
Cedar Hills$1,450$7256
Northwest Area$1,450$67525
Usher's Ferry Historic Village$1,590$50027
Grande Avenue$4,950$67512
Kenwood Park$4,950$52521

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

Best Value Apartments for Rent in Cedar Rapids, IA

As of April 13, 2025 the best value apartment in the Cedar Rapids area is the $0.82 price per square foot CLM11032 Model at Coventry Lofts in the in the Young's Hill neighborhood starting from $850. The second greatest value Cedar Rapids apartment is the 2 Bedroom Flats Model at Regal Townhomes starting at $850 with a $0.83 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.
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
1716 D Ave NE1 Beds, 1 Baths1BR,1BA$0.85
1810 A Ave NE1 Beds, 1 Baths1BR,1BA$0.88
814 3rd Ave SE, Unit 3814 3rd Ave SE1BR,1BA$0.89
Cedar Ridge ApartmentsNewly redone1BR,1BA$0.91

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Frequently Asked Questions about Cedar Rapids

What type of rentals are currently available in Cedar Rapids?

There are currently 337 Apartments for Rent in Cedar Rapids, IA with pricing that ranges from $425 to $2,065. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cedar Rapids ranging from $500 to $4,950.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cedar Rapids ranges from $500 to $4,950 with an average monthly rent of $1,750.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cedar Rapids range from $425 to $2,065, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,060 to $2,025. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,319.

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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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.