Average Rent in Cedar Falls, IA
3 apartment buildings, 17 units. Real asking prices, refreshed daily.
Avg Rent
$1,027/mo
Cheapest
$795/mo
Properties
3
Units
17
Cedar Falls, IA Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 3 properties in Cedar Falls, IA.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Cedar Falls, IA Rent Prices
All 3 properties ranked by lowest available rent.
228 Spaces
4117 University Ave, Cedar Falls, IA 50613, USA
Park @ Nine23 Apartments
923 Maplewood Dr, Cedar Falls, IA 50613, USA
Hillcrest Park Apartments
9614 University Ave #303, Cedar Falls, IA 50613, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | 228 Spaces 4117 University Ave, Cedar Falls, IA 50613, USA | $795 | $795 | $3.18 | 4.3 (59) | 1 |
| 2 | Park @ Nine23 Apartments 923 Maplewood Dr, Cedar Falls, IA 50613, USA | $850 | $1,042 | $1.48 | 4.3 (251) | 16 |
| 3 | Hillcrest Park Apartments 9614 University Ave #303, Cedar Falls, IA 50613, USA | -- | -- | -- | 4.6 (80) | 0 |
Explore Each Property
228 Spaces
4.3 (59)4117 University Ave, Cedar Falls, IA 50613, USA
Park @ Nine23 Apartments
4.3 (251)923 Maplewood Dr, Cedar Falls, IA 50613, USA
Hillcrest Park Apartments
4.6 (80)9614 University Ave #303, Cedar Falls, IA 50613, USA
Cedar Falls, IA Average Rent Prices 2026
The average rent in Cedar Falls, IA is $1,027 per month, based on 17 units across 3 apartment communities. Prices range from $795 at 228 Spaces to $850 at Park @ Nine23 Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $795/mo | $795/mo | 1 |
| 1 Bed | $942/mo | $850/mo | 10 |
| 2 Bed | $1,128/mo | $1,060/mo | 5 |
| 3 Bed | $1,610/mo | $1,610/mo | 1 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Cedar Falls, IA, and what they pay
Tracked one-bedroom rent in Cedar Falls, IA averages $942/mo, with two-bedroom units averaging $1,128/mo. At the local median household income of $74,165, that works out to 17% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Cedar Falls, IA at $1,177/mo. The current tracked market average runs 13% below that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Cedar Falls, IA while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Cedar Falls, IA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$41,000/year
30 percent rule -- using our average rent of $1,027/mo.
Comfortable income
$49,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($795/mo), you need to earn at least $32,000/year.
Median household income in Cedar Falls, IA is $74,165 , about 50% above the comfortable-living threshold.
Cost of living in Cedar Falls, IA
Overall prices in Cedar Falls, IA runs below the national average by about 12% (BEA Regional Price Parity index 88.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Cedar Falls, IA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,027 |
| Utilities | $267 |
| Groceries | $522 |
| Transportation | $637 |
| Healthcare | $311 |
| Other goods and services | $497 |
| Estimated total | $3,262/mo |
Population
40,662
Median household income
$74,165
Census median rent
$1,177/mo
Rent as % of income
34.7%
Median age
29.8
Mean commute
14 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Iowa
How Cedar Falls, IA rent compares to other markets in the state.
| City | Avg Rent | vs Cedar Falls, IA | Properties |
|---|---|---|---|
| Des Moines, IA | $1,203 | +17% | 9 |
| Sioux City, IA | $1,031 | 0% | 8 |
| Davenport, IA | $1,096 | +7% | 7 |
| Waterloo, IA | $1,122 | +9% | 5 |
| Iowa City, IA | $1,316 | +28% | 5 |
| Cedar Rapids, IA | $923 | -10% | 5 |
Frequently asked questions
What is the average rent in Cedar Falls, IA?
The average rent in Cedar Falls, IA is $1,027 per month, based on 17 units across 3 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Cedar Falls, IA?
The lowest available rent in Cedar Falls, IA starts at $795 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in Cedar Falls, IA?
1-bedroom apartments in Cedar Falls, IA average $942/mo. The lowest listed 1-bedroom starts at $850/mo across 10 units tracked.
How much is a 2-bedroom apartment in Cedar Falls, IA?
2-bedroom apartments in Cedar Falls, IA average $1,128/mo. Units start from $1,060/mo across 5 units currently listed.
Rent Trends in Cedar Falls, IA
Track how apartment prices are changing over time.
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