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Average Rent in Cedar Falls, IA & Rent Trends

Rent prices and market trends across 1 apartment community in Cedar Falls, IA. Updated daily.

Market Average

$1,128/mo

▲ +1.6% from last month

Lowest Available

$1,060/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

5

available now

Is Rent Going Up or Down in Cedar Falls, IA?

As of May 2026, the average rent in Cedar Falls, IA is $1,128 per month across 1 apartment community and 5 available units. Rents have increased $16 (1.6%) over the past month.

The most affordable option is Park @ Nine23 Apartments starting at $1,060/mo. By unit type, a 2-bedroom averages $1,128/mo.

Prices range from $1,060 to $1,160 per month. The most common price point is the $1,000 range, where 5 units are currently listed.

Cedar Falls, IA Rent Price History

Rent by Bedroom Type in Cedar Falls, IA

2 Bed
$1,128
from $1,060 · 5 units

Rent Prices by Apartment in Cedar Falls, IA

Property Starting at Average Units Rating
Park @ Nine23 Apartments $1,060/mo $1,128/mo 5 4.3

Frequently Asked Questions About Rent in Cedar Falls, IA

What is the average rent in Cedar Falls, IA?
The average rent in Cedar Falls, IA is $1,128 per month as of May 2026, based on 5 units across 1 apartment communities.
Is rent going up or down in Cedar Falls, IA?
Rent in Cedar Falls, IA has increased $16 (1.6%) over the past month. The current average is $1,128/mo.
What is the cheapest apartment in Cedar Falls, IA?
The most affordable apartment in Cedar Falls, IA is Park @ Nine23 Apartments with units starting at $1,060/mo.
How many apartments are available in Cedar Falls, IA?
There are 5 units available across 1 apartment communities in Cedar Falls, IA.

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

$45,000/year

30 percent rule -- using our average rent of $1,128/mo.

Comfortable income

$54,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,060/mo), you need to earn at least $42,000/year.

Median household income in Cedar Falls, IA is $74,165 , about 37% 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) $1,128
Utilities $267
Groceries $522
Transportation $637
Healthcare $311
Other goods and services $497
Estimated total $3,363/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.

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