33 Apartments for rent in Cedar Rapids, IA
📍Weather. Seasonal differences go from summer heat to cold winters
Getting Around. Want to walk around downtown, despite the frosty weather? Well, many of downtown's towering buildings are connected by skywalks, allowing you to be out and about without having to face the cold. As for transportation, it's nice to have a car when temperatures are extreme, but getting around town is completely doable without your own wheels. Cedar Rapids Transit has an extensive bus system, and plenty of taxis.
Wide Open Spaces. Around here gazing at these wide open spaces is the thing to do. Whether it's from your back porch, the local winery, a hilltop picnic, or a simple restaurant. These great views, as well as long country walks, dirt biking, Frisbee golf, and lots of fresh water for canoeing and fishing. If you still feel that angst creeping up, there are a few bars downtown, and a small, neighborhood bar on nearly every block. Most of these places feel like Cheers, where everybody knows your name.
Cedar Rapids is split down the middle by the Cedar River. On the west bank, you have easy-going suburban living. Or, look to the east bank of the river, where there is a burgeoning downtown area.
Oak Hill Jackson. This neighborhood includes downtown, as well as the residential areas immediately surrounding it. There's a good night life scene, lots of river side parks, and some historic homes and railroad tracks.
Wellington Heights. Just east of downtown. It does have an urban feel. You can find Old McDonald's Farm in Bever Park, where you can be entertained for free, petting the animals and learning about farm life.
Cedar Valley. Located southeast along the river. There are plenty of parks, including the Prairie Park Fishery, a great fishing spot close to home.
Moundview. Located north of downtown, next to Cedar Lake, there is always something to do around here. There are a few parks, a lake, the river, and a beautiful hiking trail along historic railroad tracks.
City Center. This neighborhood is farther northeast. It is very walkable.
Linn Junction. Most secluded area, this expansive neighborhood is far, far north along the eastern bank of the Cedar River. There are some really nice big parks, including the Rock Island Botanical State Preserve. There are golf courses and country clubs, as well as lots of secret fishing spots and hiking trails.
West Bank
Taylor. Located right across the river from downtown, this neighborhood is very walkable. Plus, you get awesome views of the river and the Cedar Rapids skyline, whether it's in a small apartment building, or in a trendy high-rise.
Northwest Area. Just north of Taylor, this area has only one apartment complex.
Cedar Hills. This neighborhood is bordered on the west side by miles of land. Plenty of neighborhood parks and some country-cookin' restaurants.
Southwest Area. Right on the banks of the Cedar River, and packed-full of nice sized parks, this area has got to be one of the coolest spots to live. It's walkable, and spotted with tons of historic homes.
Lincolnway Village. Suburban scenery and lots of creeks meandering from the Cedar River create a beautiful atmosphere in this area.
Moving in will be your final step. Expect friendly, country-style hospitality, complete with some fresh baked goods and charming neighbors to welcome you home.
Weather. Seasonal differences go from summer heat to cold winters
Getting Around. Want to walk around downtown, despite the frosty weather? Well, many of downtown's towering buildings are connected by skywalks, allowing you to be out and about without having to face the cold. As for transportation, it's nice to have a car when temperatures are extreme, but getting around town is completely doable without your own wheels. Cedar Rapids Transit has an extensive bus system, and plenty of taxis.
Wide Open Spaces. Around here gazing at these wide open spaces is the thing to do. Whether it's from your back porch, the local winery, a hilltop picnic, or a simple restaurant. These great views, as well as long country walks, dirt biking, Frisbee golf, and lots of fresh water for canoeing and fishing. If you still feel that angst creeping up, there are a few bars downtown, and a small, neighborhood bar on nearly every block. Most of these places feel like Cheers, where everybody knows your name.
Cedar Rapids is split down the middle by the Cedar River. On the west bank, you have easy-going suburban living. Or, look to the east bank of the river, where there is a burgeoning downtown area.
Oak Hill Jackson. This neighborhood includes downtown, as well as the residential areas immediately surrounding it. There's a good night life scene, lots of river side parks, and some historic homes and railroad tracks.
Wellington Heights. Just east of downtown. It does have an urban feel. You can find Old McDonald's Farm in Bever Park, where you can be entertained for free, petting the animals and learning about farm life.
Cedar Valley. Located southeast along the river. There are plenty of parks, including the Prairie Park Fishery, a great fishing spot close to home.
Moundview. Located north of downtown, next to Cedar Lake, there is always something to do around here. There are a few parks, a lake, the river, and a beautiful hiking trail along historic railroad tracks.
City Center. This neighborhood is farther northeast. It is very walkable.
Linn Junction. Most secluded area, this expansive neighborhood is far, far north along the eastern bank of the Cedar River. There are some really nice big parks, including the Rock Island Botanical State Preserve. There are golf courses and country clubs, as well as lots of secret fishing spots and hiking trails.
West Bank
Taylor. Located right across the river from downtown, this neighborhood is very walkable. Plus, you get awesome views of the river and the Cedar Rapids skyline, whether it's in a small apartment building, or in a trendy high-rise.
Northwest Area. Just north of Taylor, this area has only one apartment complex.
Cedar Hills. This neighborhood is bordered on the west side by miles of land. Plenty of neighborhood parks and some country-cookin' restaurants.
Southwest Area. Right on the banks of the Cedar River, and packed-full of nice sized parks, this area has got to be one of the coolest spots to live. It's walkable, and spotted with tons of historic homes.
Lincolnway Village. Suburban scenery and lots of creeks meandering from the Cedar River create a beautiful atmosphere in this area.
Moving in will be your final step. Expect friendly, country-style hospitality, complete with some fresh baked goods and charming neighbors to welcome you home.
September 2020 Cedar Rapids Rent Report
Welcome to the September 2020 Cedar Rapids Rent Report. Cedar Rapids rents increased over the past month. In this report, we'll evaluate trends in the Cedar Rapids rental market, including comparisons to cities throughout the state and nation.
Cedar Rapids rents increase sharply over the past month
Cedar Rapids rents have increased 0.6% over the past month, and have increased moderately by 2.0% in comparison to the same time last year. Currently, median rents in Cedar Rapids stand at $688 for a one-bedroom apartment and $909 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in May. Cedar Rapids' year-over-year rent growth leads the state average of 0.9%, as well as the national average of 0.3%.
Rents rising across cities in Iowa
Throughout the past year, rent increases have been occurring not just in the city of Cedar Rapids, but across the entire state. Of the largest 10 cities that we have data for in Iowa, 8 of them have seen prices rise. The state as a whole logged rent growth of 0.9% over the past year. Here's a look at how rents compare across some of the largest cities in the state.
- Looking throughout the state, Iowa City is the most expensive of all Iowa's major cities, with a median two-bedroom rent of $1,127; of the 10 largest cities in Iowa that we have data for, Ankeny and Ames, where two-bedrooms go for $799 and $982, are the only two major cities in the state to see rents fall year-over-year (-4.7% and -1.6%).
- Council Bluffs, Waterloo, and Cedar Rapids have all experienced year-over-year growth above the state average (3.4%, 2.7%, and 2.0%, respectively).
Cedar Rapids rents more affordable than many large cities nationwide
As rents have increased moderately in Cedar Rapids, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Cedar Rapids is still more affordable than most large cities across the country.
- Cedar Rapids' median two-bedroom rent of $909 is below the national average of $1,195. Nationwide, rents have held steady over the past year.
- While Cedar Rapids' rents rose moderately over the past year, some cities nationwide saw increases as well, including Phoenix (+1.7%) and Detroit (+0.8%).
- Renters will find more reasonable prices in Cedar Rapids than most large cities. For example, San Francisco has a median 2BR rent of $2,956, which is more than three times the price in Cedar Rapids.
For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
Methodology - Recent Updates:
Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.
Read more about our new methodology below, or see a more detailed post here.
Methodology:
Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.
Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.
Read more about our methodology here.
About Rent Reports:
Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.
We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.
September 2020 Cedar Rapids Rent Report
Welcome to the September 2020 Cedar Rapids Rent Report. Cedar Rapids rents increased over the past month. In this report, we'll evaluate trends in the Cedar Rapids rental market, including comparisons to cities throughout the state and nation.
September 2020 Cedar Rapids Rent Report
Welcome to the September 2020 Cedar Rapids Rent Report. Cedar Rapids rents increased over the past month. In this report, we'll evaluate trends in the Cedar Rapids rental market, including comparisons to cities throughout the state and nation.
Cedar Rapids rents increase sharply over the past month
Cedar Rapids rents have increased 0.6% over the past month, and have increased moderately by 2.0% in comparison to the same time last year. Currently, median rents in Cedar Rapids stand at $688 for a one-bedroom apartment and $909 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in May. Cedar Rapids' year-over-year rent growth leads the state average of 0.9%, as well as the national average of 0.3%.
Rents rising across cities in Iowa
Throughout the past year, rent increases have been occurring not just in the city of Cedar Rapids, but across the entire state. Of the largest 10 cities that we have data for in Iowa, 8 of them have seen prices rise. The state as a whole logged rent growth of 0.9% over the past year. Here's a look at how rents compare across some of the largest cities in the state.
- Looking throughout the state, Iowa City is the most expensive of all Iowa's major cities, with a median two-bedroom rent of $1,127; of the 10 largest cities in Iowa that we have data for, Ankeny and Ames, where two-bedrooms go for $799 and $982, are the only two major cities in the state to see rents fall year-over-year (-4.7% and -1.6%).
- Council Bluffs, Waterloo, and Cedar Rapids have all experienced year-over-year growth above the state average (3.4%, 2.7%, and 2.0%, respectively).
Cedar Rapids rents more affordable than many large cities nationwide
As rents have increased moderately in Cedar Rapids, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Cedar Rapids is still more affordable than most large cities across the country.
- Cedar Rapids' median two-bedroom rent of $909 is below the national average of $1,195. Nationwide, rents have held steady over the past year.
- While Cedar Rapids' rents rose moderately over the past year, some cities nationwide saw increases as well, including Phoenix (+1.7%) and Detroit (+0.8%).
- Renters will find more reasonable prices in Cedar Rapids than most large cities. For example, San Francisco has a median 2BR rent of $2,956, which is more than three times the price in Cedar Rapids.
For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
Methodology - Recent Updates:
Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.
Read more about our new methodology below, or see a more detailed post here.
Methodology:
Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.
Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.
Read more about our methodology here.
About Rent Reports:
Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.
We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.