Welcome to The Depot: Discover the epitome of urban sophistication and convenience at The Depot, a luxurious apartment community nestled in the vibrant and historic downtown district. Situated just a stone's throw away from the bustling NewBo City Market, this is urban living redefined. Explore local boutiques, dine at renowned restaurants, or attend lively events and festivals that make downtown living truly exceptional.
The Depot offers affordable deposits of $800 to all qualifying applicants. Tenants are responsible for monthly electric, water, parking, and trash services.
We are a pet friendly and smoke-free community. Flexible term leases available. We offer an easy online application process, online payment options and electronic lease signings, as well as 24/7 emergency maintenance services.
Ask about our discounted rate through The Midwest Athletic Club (MAC) Fitness Center in Cedar Rapids/Marion.
All specials are subject to terms and conditions. Unit advertised and toured may be slightly different based on current availability and schedule. Pets, parking, trash services and short-term leases are subject to additional monthly fees and restrictions.
Lease Terms: Our standard lease term is 12 months. The shortest term we offer to start is 3 months. Leases shorter than 12 months are considered short-term and include a monthly short-term lease fee.
Professionally managed by: Q4 Real Estate. 1950 Boyson Road, Hiawatha, IA 52233. Office Hours: Mon-Thu 7:30 Am - 5:00 Pm - Fri 7:30 Am - 1:30 Pm....
We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, or national origin.
3 days on RentalSource
RentalSource last checked: 11 hours ago · Listing updated: October 30, 2026
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.
Property Summary
Property Type:
Apartment
Rental Fee:
$1,795
Bedrooms:
2 beds
Bathrooms:
2 baths
Size:
967 sqft
Pets:
Cats & dogs
Laundry:
Inquire
Parking:
Yes
Available:
February 8, 2027
ID:
84671667
Amenities
•Parking
•24-Hour Maintenance
•Controlled Access
•Elevator
•Fitness Center
•Online Portal & Payments
•Smoke-Free
Leasing Information
Fees
•Deposit $800 (mandatory, refundable, move-in).
Additional Details
This 2-bedroom, 2-bathroom apartment at 1120 Depot Lane SE in Cedar Rapids, IA 52401 rents for $1,795 a month. It has 967 square feet and is pet friendly. 1120 Depot Lane SE was advertised by Q4 Real Estate on October 30, 2026.
How the Rent Compares
At $1,795 a month, this apartment is well above the typical rent for 2-bedroom apartments and condos in Cedar Rapids (about $1,150).
Typical $1,150This home $1,795
$880$1,860
From 32 two-bedroom apartments and condos listed in Cedar Rapids on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,150Typical rent for 2-bedroom apartments and condos in Cedar Rapids
Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$71,800 /year
With your chosen rent-to-income ratio, an annual income of $71,800 is recommended to comfortably afford this 2-bedroom rental priced at $1,795 per month.
