Cedar River Tower Apartments
100 1st Ave NE,
Cedar Rapids, IA 52401
$705 - $1,020
Studio - 2 Beds
Downtown Cedar Rapids
Cedar Rapids, IA
Downtown Cedar Rapids - Cedar Rapids, IA
Area Guide
A charming neighborhood on the river
River
•
Arts
•
Business
•
Culture
•
Scenic
•
Parks
•
Walkable
•
Divided in half by the Cedar River, Downtown Cedar Rapids is an attractive city with scenic views. It is also a commercial hub, containing several Fortune 500 companies and serving as a major center of corn processing. Major employers include Quaker Oats, Rockwell Collins, Hy-Vee, and Transamerica. Downtown Cedar Rapids features several landmarks, including the Cedar Rapids Museum of Art, the Cedar Rapids Ice Arena, the Paramount Theater, the History Center, and Theatre Cedar Rapids.
If you plan to move to Cedar Rapids, you’ll enjoy a variety of events, including the Cedar Rapids Downtown Farmers’ Market, Market After Dar, EntreFEST, and the Next Gen Summit. The city also features several parks totaling more than 3,300 acres. Downtown parks include Riverfront Park, Plaza Park, and Riverside Park.
Rent Trends
As of January 2026, the average apartment rent in Downtown Cedar Rapids is $884 for a studio, $994 for one bedroom, $1,258 for two bedrooms, and $1,401 for three bedrooms. Apartment rent in Downtown Cedar Rapids has increased by 1.7% in the past year.
-
Studio
-
614 sq ft
Average Sq Ft
-
$884/month
Average Rent
-
1 BR
-
694 sq ft
Average Sq Ft
-
$994/month
Average Rent
-
2 BR
-
995 sq ft
Average Sq Ft
-
$1,258/month
Average Rent
-
3 BR
-
1,457 sq ft
Average Sq Ft
-
$1,401/month
Average Rent
Transportation
75
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
34
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
65
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Indian Creek Nature Center
- Wickiup Hill Outdoor Learning Center
- Palisades-Kepler State Park
Military Bases
Airports
- The Eastern Iowa
Top Apartments in Downtown Cedar Rapids
Houses for Rent in Downtown Cedar Rapids
Property Management Companies
Greystar
-
3,458
Communities
-
953,880
Units
-
889
Cities
Willow Bridge
-
714
Communities
-
197,515
Units
-
339
Cities
AMC
-
650
Communities
-
128,107
Units
-
252
Cities
RPM
-
627
Communities
-
171,407
Units
-
245
Cities
Avenue5 Residential
-
553
Communities
-
122,626
Units
-
220
Cities
Cushman & Wakefield
-
470
Communities
-
110,682
Units
-
238
Cities
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Nearby Neighborhood Guides
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 November 2025.