2-Bedroom Apartment Rent in Cedar Falls, IA
Median asking rent for a 2-bedroom apartment in Cedar Falls, Iowa as of October 2026. That's +20% lower than the citywide median of $1,405 and +32% below the national 2-bedroom median of $1,657.
Income needed for a 2-bedroom in Cedar Falls
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Cedar Falls
Compare Cedar Falls's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Iowa
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Fort Dodge | $880 |
| 2 | Newton | $920 |
| 3 | Boone | $940 |
| 4 | Knoxville | $940 |
| 5 | Marion | $940 |
| 6 | Waterloo | $970 |
| 7 | Urbandale | $974 |
| 8 | Dubuque | $980 |
| 9 | Davenport | $1,014 |
| 10 | Cedar Rapids | $1,038 |
| 11 | Indianola | $1,060 |
| 12 | Coralville | $1,070 |
| 13 | Sioux City | $1,080 |
| 14 | Burlington | $1,090 |
| 15 | Council Bluffs | $1,100 |
Most expensive cities for a 2-bedroom in Iowa
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Ankeny | $1,445 |
| 2 | Johnston | $1,410 |
| 3 | Waukee | $1,390 |
| 4 | West Des Moines | $1,325 |
| 5 | Altoona | $1,290 |
| 6 | North Liberty | $1,280 |
| 7 | Pleasant Hill | $1,270 |
| 8 | Norwalk | $1,260 |
| 9 | Bettendorf | $1,210 |
| 10 | Tiffin | $1,180 |
| 11 | Grimes | $1,180 |
| 12 | Iowa City | $1,160 |
| 13 | Des Moines | $1,158 |
| 14 | Ames | $1,130 |
| 15 | Cedar Falls (this page) | $1,120 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Cedar Falls.
| City | Distance | 2-Bedroom rent | vs Cedar Falls |
|---|---|---|---|
| Waterloo, IA | 12.5 mi | $970 | $-150 (-13%) |
| Newton, IA | 68 mi | $920 | $-200 (-18%) |
| Cedar Rapids, IA | 68.3 mi | $1,038 | $-82 (-7%) |
| Marion, IA | 71.5 mi | $940 | $-180 (-16%) |
| North Liberty, IA | 78.9 mi | $1,280 | +$160 (+14%) |
| Tiffin, IA | 79.8 mi | $1,180 | +$60 (+5%) |
| Pella, IA | 81.7 mi | $1,110 | $-10 (-1%) |
| Coralville, IA | 84 mi | $1,070 | $-50 (-4%) |
| Austin, MN | 86.7 mi | $1,050 | $-70 (-6%) |
| Ames, IA | 86.7 mi | $1,130 | +$10 (+1%) |
| Iowa City, IA | 89.7 mi | $1,160 | +$40 (+4%) |
| Altoona, IA | 90.8 mi | $1,290 | +$170 (+15%) |
2-Bedroom rent in Cedar Falls — common questions
How much is a 2-bedroom apartment in Cedar Falls?
As of October 2026, the median 2-bedroom apartment rent in Cedar Falls, Iowa is $1,120 per month. This is +20% below the citywide median of $1,405.
What income do you need to afford a 2-bedroom in Cedar Falls?
Using the standard 30% rent-to-income rule, you would need an annual income of about $44,800 ($3,733/month gross), which works out to roughly $21.54/hour at a full-time job.
Is Cedar Falls expensive for a 2-bedroom compared to the rest of the US?
Cedar Falls's 2-bedroom median of $1,120 is +32% below the national 2-bedroom median of $1,657. It ranks in the 13th percentile of US cities tracked.
How does Cedar Falls rank for 2-bedroom rent in Iowa?
Among the 32 cities in Iowa with 2-bedroom data, Cedar Falls ranks #18 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Cedar Falls?
Yes — nearby cities with cheaper 2-bedroom rents include Waterloo ($970), Newton ($920), Cedar Rapids ($1,038).