Cheap Homes for Rent in Cedar Rapids, IA from $500 (19 Rentals)

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Cheap Homes in Cedar Rapids.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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

property at 124 10th St SW

124 10th St SW

Cedar RapidsIA52404

Cedar Rapids, IA Local Guide

Cheapest Neighborhoods for Apartments in Cedar Rapids, IA

Pricing Updated: 05/04/2025

Current apartment rentals in the Cedar Rapids, IA area range in price from $425 to $97,500 with an overall median price of $1,342. The three Cedar Rapids neighborhoods with the lowest median rent pricing are Cedar Hills at $555, Southwest Area at $525, and Young's Hill at $525. 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$55548
Southwest Area$1,250$52574
Young's Hill$1,250$52596
Taylor$1,265$53566
Oakhill Jackson$1,295$68557
Lincolnway Village$1,316$42512
Usher's Ferry Historic Village$1,347$54576
Grande Avenue$1,348$52579
Downtown Cedar Rapids$1,362$52577
Mound View$1,372$52535

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 May 04, 2025 the best value apartment in the Cedar Rapids area is the $0.63 price per square foot 2 Beds, 1 Baths Model at 1716 D Ave NE in the in the Mound View neighborhood starting from $750. The second greatest value Cedar Rapids apartment is the CLM11032 Model at Coventry Lofts starting at $850 with a $0.82 price per square foot in the Young's Hill 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.
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
126 21st Ave SW, Unit 2126 21st Ave SW2BR,1BA$0.82
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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Frequently Asked Questions about Cedar Rapids

What type of rentals are currently available in Cedar Rapids?

There are currently 349 Apartments for Rent in Cedar Rapids, IA with pricing that ranges from $425 to $97,500. There are also 84 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 $1,743.

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 $2,744, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,316.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

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.