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Updated 18 hours ago

The Avenue


5240 16th Ave SW Cedar Rapids, IA

1 - 2 Bed
•
1 - 2 Bath

766 - 1,111 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$1,000
766 ft2
4 Available
B-407
$1,000
Available Now
View
A-303
$1,000
Available Now
View
A-311
$1,000
Available Now
View
B-411
$1,000
Available Now
View
View Rented Units
View More
2 Beds • 2 Bath
$1,126 - $1,200
1050 ft2
2 Available
A-108
$1,126+
Available Now
View
B-406
$1,126+
Available Apr 10th, 2026
View
View Rented Units
2 Beds • 2 Bath
$1,200
1111 ft2
1 Available
A-316
$1,200
Available Apr 10th, 2026
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View Rented Units
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Where you'll live
Street View
Map View
Satellite View
The Avenue
The Avenue
The Avenue
Amenities
Den
Garbage Disposal
Dishwasher
Free Surface Parking For Residents
Community Room With Vending & Kitchen
Fitness Center With Free Weights & Cardio Equipment
Sparkling Pool
Recycling Available
Oversized Closets
Open Concept Kitchen
On-site Management & Maintenance
Modern Black Appliances
Full-size Washer & Dryer
Extra Storage Space
Electronic Thermostats
Controlled-access Community
Cable Ready
Bike Racks
Playground
Package Receiving
Ceiling Fans
Microwave
Fees & leasing info
Pets
Pet Friendly Community
No Pets Allowed
Restrictions:

Pet Policies and Breed restrictions may vary among the communities. Please see your leasing representative for more information about types and breeds permitted.

Pet Fee: $200
Pet Rent: $45
Number Limit:

2

Lease & Fees
Lease Length:

12 month

Property details
Description

Welcome to The Avenue Apartments, where modern comfort meets urban convenience in Cedar Rapids, Iowa. Our stylish community offers a selection of spacious studio, 1-, and 2-bedroom apartments designed to enhance your lifestyle.

Additional Details
Total Unit Count: 152
Last Updated: Updated 18 hours ago
Contact Number: (319) 774-0055
Property manager information
Elmington Capital Group
Office Hours
Monday: 10:00 AM - 5:00 PM
Tuesday: 10:00 AM - 5:00 PM
Wednesday: 10:00 AM - 5:00 PM
Thursday: 10:00 AM - 5:00 PM
Friday: 10:00 AM - 5:00 PM
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Avenue by bedroom type below.
1 Bedroom
Suggested income:
$36,000
per year
2 Bedroom
Suggested income:
$41,400
per year
Rent report

The Avenue Rent vs. Cedar Rapids Average

 The Avenue      Cedar Rapids Average
1BR
$1,000
$888
$0
$350
$700
$1,050
$1,400
2BR
$1,151
$1,154
$0
$400
$800
$1,200
$1,600

The Avenue is asking 13% more than the average 1 bedroom apartment in Cedar Rapids.

If you upsized to an average priced Cedar Rapids 2 bedroom apartment, you would pay 23% more per month.

If you downsized to an average priced Cedar Rapids studio apartment, you would pay 21% more per month.

The Avenue provides 16% more square footage than the average Cedar Rapids 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Avenue
1BR $1,000 $1.30 $3,000
2BR $1,151 $1.10 $3,452
Cedar Rapids Average
Studio $1,117 $1.70 $3,352
1BR $888 $1.30 $2,664
2BR $1,154 $1.20 $3,463
3BR $1,478 $1.10 $4,434
4BR $2,200 $1.00 $6,600

Availability in Cedar Rapids

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 101 1BR units on the market in Cedar Rapids. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 47% 35% 7% 2%
Available Units in Cedar Rapids
Studio 19
1BR 101
2BR 75
3BR 16
4BR 5
Location
Nearby College

Kirkwood Community College

Nearby Hospitals
Name Distance
St. Luke's Methodist Hospital 4.24 mi.
Continuing Care Hospital 4.3 mi.
Mercy Medical Center 4.35 mi.
Nearby Fire Stations
Name Distance
Cedar Rapids Volunteer Fire Department 3.58 mi.
Fairfax Fire Department 3.94 mi.
Buffalo Fire Department 4.46 mi.
FAQs
Is this property currently leasing units?
Yes. There are 7 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 7 units available for move-in over the next 2 months. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 766 to 1,111 square feet.
Does this property allow cats or dogs?
Pets are not allowed at this property.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,000 to $1,200. The Avenue has 1 bedroom units available starting at $1,000 and 2 bedroom units available starting at $1,126.
Where is this property located?
This property is at 5240 16th Ave SW in Cedar Rapids, IA. It's 5.6 miles west from the center of Cedar Rapids.
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