Rentometer, Inc. | Data as of 10/23/2025
Cedar Falls offers a dynamic rental market that caters to students, professionals, and families alike. Apartments in the downtown and University District neighborhoods provide convenient access to the University of Northern Iowa, cultural venues, and vibrant dining scenes, making them popular choices for those seeking a walkable lifestyle. For renters looking for more space, a variety of single‑family homes are available in the peaceful Shoreline and Eastside areas, known for tree‑lined streets and proximity to the Cedar River trail network. These neighborhoods combine suburban charm with easy commutes to the city’s business core.
Rental pricing in Cedar Falls reflects the city’s balanced cost of living. Studio apartments typically fall in the high $800s, while one‑bedroom units usually range in the $1,000‑$1,100 bracket. Two‑bedroom apartments and comparable houses often hover around the $1,400‑$1,500 range, providing solid value for growing households. Larger three‑ and four‑plus‑bedroom options—both in apartment complexes and standalone homes—generally sit in the $1,500‑$1,800 spectrum, appealing to families and shared‑living arrangements. These price points make Cedar Falls an attractive destination for those seeking affordable yet comfortable housing.
The city’s rental inventory includes modern apartment communities with amenities such as fitness centers, on‑site parking, and pet‑friendly policies, alongside traditional homes featuring spacious yards and private garages. Whether you’re drawn by the cultural events at the Cedar Falls Museum of Art, the outdoor recreation at Mahaney Park, or the vibrant local business scene, Cedar Falls rentals provide flexible options that align with a variety of lifestyle needs. Explore the neighbourhoods, enjoy the community spirit, and find a home that fits your next chapter in this welcoming Iowa city.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $888 | $795 | $735 - $1,135 | $735 - $1,135 |
| Apartment | 1 Bedroom | $1,055 | $950 | $295 - $1,750 | $850 - $1,400 |
| Apartment | 2 Bedroom | $1,484 | $1,267 | $525 - $3,433 | $1,080 - $1,780 |
| Apartment | 3 Bedroom | $1,394 | $1,270 | $875 - $2,400 | $1,100 - $1,450 |
| Apartment | 4+ Bedroom | $1,412 | $1,600 | $295 - $2,000 | $995 - $1,800 |
| House | 2 Bedroom | $1,413 | $1,300 | $775 - $2,950 | $1,200 - $1,500 |
| House | 3 Bedroom | $1,531 | $1,515 | $775 - $2,500 | $1,400 - $1,600 |
| House | 4+ Bedroom | $1,852 | $1,800 | $1,200 - $2,700 | $1,650 - $2,000 |
In the current period, the average rent in Cedar Falls was $888 for Studio, $1,076 for 1 Bedroom, $1,439 for 2 Bedroom, $1,520 for 3 Bedroom, and $1,783 for 4+ Bedroom.
Data provided by Rentometer, Inc.