Most Affordable Neighborhoods in Cedar Rapids, IA
Some of the cheapest neighborhoods in Cedar Rapids are Wellington Heights, Cedar Hills, and Southwest Area. These neighborhoods offer some of the lowest rent prices in Cedar Rapids, making them ideal for renters on a budget. As of December 20, 2024, the average rent in Cedar Rapids is $760, which is 0.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Wellington Heights
Average Rent
$615/Month
TransitScore® Rating
29/100
Units Available
1 Rentals
If you’re looking for a great, affordable neighborhood in Cedar Rapids, Wellington Heights might be the perfect place! It has an average rent price of $615, while the city’s average stands at $760. Wellington Heights is near The University of Iowa, Vernon Heights Plaza, and Kirkwood C.C., Iowa City.
Cedar Hills
Average Rent
$784/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
24/100
Units Available
16 Rentals
Cedar Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cedar Hills is $784 while the city average is $760. This is a 1.9% difference from last year. Residents enjoy convenient access to Cedar Hills Shopping Center, The University of Iowa, and Kirkwood C.C., Iowa City. The neighborhood is considered somewhat walkable with a WalkScore® of 60.
Southwest Area
Average Rent
$843/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
22/100
Units Available
3 Rentals
When you’re looking for a great Cedar Rapids neighborhood on a budget, check out Southwest Area. The average rent is $843, compared to the city average of $760. Rent prices have increased by 2.1%. Southwest Area is convenient to Palisades-Kepler State Park, Duchess Plaza, and Van Bueren Village. The community is car-dependent with a WalkScore® of 47.
Northwest Area
Average Rent
$875/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
24/100
Units Available
1 Rentals
Northwest Area is an affordable neighborhood in Cedar Rapids with an average rent price of $875. Compare this to the city average of $760. In the past year, rent prices have increased by 1%. Northwest Area provides easy access to The Eastern Iowa, Mount Mercy University, and The University of Iowa. It’s a car-dependent neighborhood with a WalkScore® of 41.
Downtown Cedar Rapids
Average Rent
$950/Month
Year-Over-Year Rent Change
3.1%
TransitScore® Rating
34/100
Units Available
54 Rentals
If you’re looking for a great, affordable neighborhood in Cedar Rapids, Downtown Cedar Rapids might be the perfect place! It has an average rent price of $950, while the city’s average stands at $760. In the last year, prices have increased by 3.1%. Downtown Cedar Rapids is near Kirkwood C.C., Iowa City, Duchess Plaza, and Mount Mercy University.
Iowa City/Waterloo
Average Rent
$1,041/Month
TransitScore® Rating
11/100
Units Available
401 Rentals
Iowa City/Waterloo is a top choice for budget-conscious renters for a variety of reasons. The average rent in Iowa City/Waterloo is $1,041 while the city average is $760. Residents enjoy convenient access to Upper Iowa University, Bluedorn Science Imaginarium, and George Wyth State Park. The neighborhood is considered car-dependent with a WalkScore® of 9.
Oakhill Jackson
Average Rent
$1,099/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
30/100
Units Available
7 Rentals
When you’re looking for a great Cedar Rapids neighborhood on a budget, check out Oakhill Jackson. The average rent is $1,099, compared to the city average of $760. Rent prices have increased by 1.1%. Oakhill Jackson is convenient to Vernon Village, Duchess Plaza, and Palisades-Dow Observatory. The community is somewhat walkable with a WalkScore® of 68.
Kenwood Park
Average Rent
$1,113/Month
TransitScore® Rating
24/100
Units Available
33 Rentals
Kenwood Park is an affordable neighborhood in Cedar Rapids with an average rent price of $1,113. Compare this to the city average of $760. Kenwood Park provides easy access to Mount Mercy University, Kirkwood C.C., Iowa City, and Town & Country Shopping Center. It’s a walkable neighborhood with a WalkScore® of 71.
Ready to make your move to Cedar Rapids? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.