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Cornerstone Place is a strong overall option with an 8.3 Zumper expert rating, combining excellent value, standout amenities, and a highly convenient downtown location. It offers notable features like a discounted rate, elevators, soaring ceilings, hardwood floors, and a storage closet, while also standing out for value-for-money, walkability, transit access, nearby fitness and wellness options, pet services, and a vibrant dining and entertainment scene.
Things you’ll love
Extra storageGreat for
Social life
Work-from-home
Wellness| 0BR/1.0BA | Studio | 1 bath | 695 sqft | Located at 323 3rd St SE in the heart of downtown Cedar Rapids, Cornerstone Place features large studio, one, two and three bedroom units. Each unit is equipped with washer and dryer, beautiful hardwood floors, soaring ceilings, and natural sunlight. A secure main floor lobby and elevators give you the reassurance of safety, while the convenient downtown location gives you endless options for walkable activities including bars, restaurants, theaters, and parks. A large freight elevator is also located within the building making your move in easy. Each unit also comes with a storage closet in the hallway for additional storage needs. Ramp parking is available for additional monthly cost. The unit opening is in a program called HOME until 2028 and there is an income cap on the amount of annual income the tenant can make. It's not low income housing, rather a program designed to ensure quality options for qualified tenants at a discounted rate. If you are a single person with no other dependents/tenants, you'd need to make under $59,000.00 annually. If there are additional tenants or occupants, that number does increase as well. There are some units in this property that are market rate and do not have an income cap, they are just not available at this time. Contact us today for more information - www mixpropertymanagement com | ||
| 1BR/1.0BA | 1 bed | 1 bath | 1,091 sqft | Located at 323 3rd St SE, in the heart of downtown Cedar Rapids, Cornerstone Place features large studio, one, two and three bedroom units. Each unit is equipped with washer and dryer, beautiful hardwood floors, soaring ceilings, and natural sunlight. A secure main floor lobby and elevators give you the reassurance of safety, while the convenient downtown location gives you endless options for walkable activities including bars, restaurants, theaters, and parks. A large freight elevator is also located within the building making your move in easy. Each unit also comes with a storage closet in the hallway for additional storage needs. Ramp parking is available for additional monthly cost. The unit opening is in a program called HOME and there is an income cap on the amount of annual income the tenant can make. It's not low income housing, rather a program designed to ensure quality options for qualified tenants at a discounted rate. If you are a single person with no other dependents/tenants, you'd need to make under $59,000.00 gross annually. If there are additional tenants or occupants, that number does increase as well. There are some units in this property that are market rate and do not have an income cap, they are just not available at this time. Contact us today for more information. mixpropertymanagement. com | ||
| 2BR/1.0BA | 2 bed | 1 bath | 1,223 sqft | Located at 323 3rd St SE in the heart of downtown Cedar Rapids, Cornerstone Place features large studio, one, two and three bedroom units. Each unit is equipped with washer and dryer, beautiful hardwood floors, soaring ceilings, and natural sunlight. A secure main floor lobby and elevators give you the reassurance of safety, while the convenient downtown location gives you endless options for walkable activities including bars, restaurants, theaters, and parks. A large freight elevator is also located within the building making your move in easy. Each unit also comes with a storage closet in the hallway for additional storage needs. Ramp parking is available for additional monthly cost. | ||
| 3BR/2.0BA | 3 bed | 2 bath | 1,835 sqft | Located at 323 3rd St SE in the heart of downtown Cedar Rapids, Cornerstone Place features large studio, one, two and three bedroom units. Each unit is equipped with washer and dryer, beautiful hardwood floors, soaring ceilings, and natural sunlight. The building features secure entry and elevator access, keyless entry to the apartments, and call system to allow guests up to your floor without leaving the comfort of your apartment. Elevators located in the lobby make high rise living a breeze and a large freight elevator located within the building makes your move-in easy. Each unit also comes with a storage closet in the hallway for additional storage needs. Ramp and outdoor parking are available for additional monthly cost. Contact us for more information - **** |
Let's explore this property.
Apartment Amenities
| Ample Storage | Concrete Ceilings |
| Garage Parking Available | Hardwood Floor |
| High Ceilings | Large Windows |
| Soft Close Cabinetry | Trash |
| Wood Floors |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range |
| Refrigerator | Stove |
| Washer and Dryer |
Tech
| Cable Ready | High Speed Internet Access |
| Keyless Entry |
Building
| Cats OK | Controlled Access |
| Elevator | Freight Elevator |
| Non-Smoking | Smoke-free |
Grounds
| Garage Parking | Storage |
Neighborhood
| Video Security System |
One-time.
One-time. Refundable.
Garage Parking
| Units | 32 |
|---|
Located at 323 3rd St SE in the heart of downtown Cedar Rapids, Cornerstone Place features large studio, one, two and three bedroom units. Each unit is equipped with washer and dryer, beautiful hardwood floors, soaring ceilings, and natural sunlight. A secure main floor lobby and elevators give you the reassurance of safety, while the convenient downtown location gives you endless options for walkable activities including bars, restaurants, theaters, and parks. A large freight elevator is also located within the building making your move in easy. Each unit also comes with a storage closet in the hallway for additional storage needs. Ramp parking is available for additional monthly cost.
How Cornerstone Place compares to other nearby properties.
Positives
| Month | Median Rent |
|---|---|
| November 2024 | $786 |
| December 2024 | $778 |
| January 2025 | $779 |
| February 2025 | $791 |
| March 2025 | $836 |
| April 2025 | $871 |
| May 2025 | $835 |
| June 2025 | $773 |
| July 2025 | $721 |
| August 2025 | $876 |
| September 2025 | $946 |
| October 2025 | $766 |
| November 2025 | $632 |
| December 2025 | $637 |
| January 2026 | $761 |
| February 2026 | $937 |
| March 2026 | $1,017 |
| April 2026 | $938 |
| May 2026 | $779 |
| June 2026 | $640 |
| July 2026 | $801 |
| August 2026 | $932 |
| September 2026 | $1,020 |
| October 2026 | $1,055 |
| Month | Median Rent |
|---|---|
| July 2025 | $950 |
| November 2025 | $1,180 |
| December 2025 | $1,182 |
| January 2026 | $1,175 |
| February 2026 | $1,180 |
| March 2026 | $1,185 |
| April 2026 | $1,199 |
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