Cedar River Tower Apartments
100 1st Ave NE,
Cedar Rapids, IA 52401
$740 - $1,065
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
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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 April 2026, the average apartment rent in Downtown Cedar Rapids is $914 for a studio, $998 for one bedroom, $1,286 for two bedrooms, and $1,443 for three bedrooms. Apartment rent in Downtown Cedar Rapids has increased by 0.5% in the past year.
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Studio
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624 sq ft
Average Sq Ft
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$914/month
Average Rent
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1 BR
-
686 sq ft
Average Sq Ft
-
$998/month
Average Rent
-
2 BR
-
993 sq ft
Average Sq Ft
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$1,286/month
Average Rent
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3 BR
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1,457 sq ft
Average Sq Ft
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$1,443/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Cedar Rapids - Cedar Rapids, IA is for everyday living.
Fairly Walkable
Walkability
50
/ 100
Some Public Transit
Transit
50
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Daily Essentials
Downtown Cedar Rapids - Cedar Rapids, IA offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 10 Minute Walk
Groceries
80
/ 100
Good Restaurant Variety Nearby
Restaurants
60
/ 100
Good Café Variety Nearby
Cafes
60
/ 100
Limited Variety of Shops Nearby
Shopping
30
/ 100
Local Vibe
Get a sense of what it’s like to live in Downtown Cedar Rapids - Cedar Rapids, IA from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
40
/ 100
Fair Nightlife Variety Nearby
Nightlife
40
/ 100
Very Noisy
Quiet Score
20
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Indian Creek Nature Center
- Wickiup Hill Outdoor Learning Center
- Palisades-Kepler State Park
Airports
- The Eastern Iowa
Top Apartments in Downtown Cedar Rapids
Houses for Rent in Downtown Cedar Rapids
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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 February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.