Last updated
Average Rent in Cedar Falls, IA & Rent Trends
Rent prices and market trends across 6 apartment communities in Cedar Falls, IA. Updated daily.
Market Average
$1,429/mo
▲ +1.3% from last month
Lowest Available
$795/mo
cheapest unit on market
Communities
6
tracked daily
Units Listed
51
available now
Is Rent Going Up or Down in Cedar Falls, IA?
As of June 2026, the average rent in Cedar Falls, IA is $1,429 per month across 6 apartment communities and 51 available units. Rents have increased $15 (1.3%) over the past month.
The most affordable option is 228 Spaces starting at $795/mo. By unit type, a studio averages $1,179/mo, a 1-bedroom averages $998/mo, a 2-bedroom averages $1,697/mo, a 3-bedroom averages $1,700/mo, a 4-bedroom averages $1,400/mo.
Prices range from $795 to $2,195 per month. The most common price point is the $1,800 range, where 17 units are currently listed.
Cedar Falls, IA Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Cedar Falls, IA
Rent Prices by Apartment in Cedar Falls, IA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| 228 Spaces | $795/mo | $795/mo | 1 | 4.3 |
| Falls Edge Studios | $800/mo | $992/mo | 9 | 4.9 |
| Residences on College Hill | $895/mo | $1,148/mo | 2 | 4 |
| Thunder Ridge Apartments | $920/mo | $1,063/mo | 3 | 3.9 |
| Park @ Nine23 Apartments | $950/mo | $1,104/mo | 8 | 4.3 |
| Arabella Apartments | $1,360/mo | $1,744/mo | 28 | 4.6 |
Google Search Trends for Cedar Falls, IA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Cedar Falls, IA
What is the average rent in Cedar Falls, IA?
Is rent going up or down in Cedar Falls, IA?
What is the cheapest apartment in Cedar Falls, IA?
How much is a 1-bedroom apartment in Cedar Falls, IA?
How many apartments are available 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
$57,000/year
Based on the 30 percent rule, using our tracked average rent of $1,429/mo.
Comfortable income
$69,000/year
Based on the 25 percent rule, leaving 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 8% 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) | $1,429 |
| Utilities | $267 |
| Groceries | $522 |
| Transportation | $637 |
| Healthcare | $311 |
| Other goods and services | $497 |
| Estimated total | $3,664/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.
Explore Cedar Falls, IA Apartments
Browse all 6 communities with daily-updated pricing and availability.