Most Affordable Neighborhoods in Cedar Rapids, IA
Some of the cheapest neighborhoods in Cedar Rapids are Wellington Heights, Southwest Area, and Cedar Hills. These neighborhoods offer some of the lowest rent prices in Cedar Rapids, making them ideal for renters on a budget. As of February 21, 2025, the average rent in Cedar Rapids is $769, which is 0.4% 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
When you’re looking for a great Cedar Rapids neighborhood on a budget, check out Wellington Heights. The average rent is $615, compared to the city average of $769. Wellington Heights is convenient to Kirkwood C.C., Cedar Rapids, Palisades-Kepler State Park, and Mount Mercy University. The community is walkable with a WalkScore® of 73.
Southwest Area
Average Rent
$748/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
22/100
Units Available
4 Rentals
Southwest Area is an affordable neighborhood in Cedar Rapids with an average rent price of $748. Compare this to the city average of $769. In the past year, rent prices have increased by 2.5%. Southwest Area provides easy access to The Eastern Iowa, Mount Mercy University, and Van Bueren Village. It’s a car-dependent neighborhood with a WalkScore® of 47.
Cedar Hills
Average Rent
$771/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
24/100
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Cedar Rapids, Cedar Hills might be the perfect place! It has an average rent price of $771, while the city’s average stands at $769. In the last year, prices have increased by 4.4%. Cedar Hills is near Cypress Plaza, The Eastern Iowa, and Wickiup Hill Outdoor Learning Center.
Northwest Area
Average Rent
$875/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
24/100
Units Available
1 Rentals
Northwest Area is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northwest Area is $875 while the city average is $769. This is a 0.7% difference from last year. Residents enjoy convenient access to The Eastern Iowa, Mount Mercy University, and The University of Iowa. The neighborhood is considered car-dependent with a WalkScore® of 41.
Kenwood Park
Average Rent
$1,046/Month
TransitScore® Rating
24/100
Units Available
39 Rentals
When you’re looking for a great Cedar Rapids neighborhood on a budget, check out Kenwood Park. The average rent is $1,046, compared to the city average of $769. Kenwood Park is convenient to The University of Iowa, Lindale Mall, and Mount Mercy University. The community is walkable with a WalkScore® of 71.
Iowa City/Waterloo
Average Rent
$1,062/Month
Units Available
428 Rentals
Iowa City/Waterloo is an affordable neighborhood in Cedar Rapids with an average rent price of $1,062. Compare this to the city average of $769.
Downtown Cedar Rapids
Average Rent
$1,154/Month
Year-Over-Year Rent Change
2.8%
TransitScore® Rating
34/100
Units Available
135 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 $1,154, while the city’s average stands at $769. In the last year, prices have increased by 2.8%. Downtown Cedar Rapids is near Vernon Heights Plaza, Palisades-Kepler State Park, and Kirkwood C.C., Iowa City.
Oakhill Jackson
Average Rent
$1,242/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
30/100
Units Available
87 Rentals
Oakhill Jackson is a top choice for budget-conscious renters for a variety of reasons. The average rent in Oakhill Jackson is $1,242 while the city average is $769. This is a 0.4% difference from last year. Residents enjoy convenient access to Vernon Heights Plaza, Wickiup Hill Outdoor Learning Center, and Palisades-Kepler State Park. The neighborhood is considered somewhat walkable with a WalkScore® of 68.
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.