River Place
200 State St,
Cedar Falls, IA 50613
$1,135 - $1,750 | Studio - 2 Beds
Downtown Cedar Falls
Cedar Falls, IA
Downtown Cedar Falls - Cedar Falls, IA
Area Guide
The charming center of Cedar Falls
Charming
•
Historic
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Close-Knit
•
Walkable
•
Scenic
•
Vibrant
•
Downtown Cedar Falls is a vibrant community brimming with small-town charm. The community exudes a classic Main Street atmosphere, with a slew of independent restaurants, specialty shops, bars, and entertainment venues in historic brick buildings.
Residents in Downtown Cedar Falls enjoy quick access to Main Street’s many commercial offerings as well as outdoor amenities like Overman Park, Washington Park, and the Riverside Trail alongside the Cedar River. The community is also just a short drive away from George Wyth State Park, the University of Northern Iowa, and College Square Mall.
Rent Trends
As of July 2025, the average apartment rent in Downtown Cedar Falls is $1,154 for a studio, $1,368 for one bedroom, and $1,422 for two bedrooms. Apartment rent in Downtown Cedar Falls has decreased by -0.1% in the past year.
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Studio
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619 sq ft
Average Sq Ft
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$1,154/month
Average Rent
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1 BR
-
635 sq ft
Average Sq Ft
-
$1,368/month
Average Rent
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2 BR
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979 sq ft
Average Sq Ft
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$1,422/month
Average Rent
Transportation
77
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
26
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
82
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Washington Park
- Cedar Falls Historical Society
- Overman Park
- Peter Melendy Park
- Ice House Museum
Top Apartments in Downtown Cedar Falls
Houses for Rent in Downtown Cedar Falls
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.