Cedar Falls Opens New 2nd Street West Downtown Parking Lot

Parking in or around Main Street in Cedar Falls has been an issue for years.

While on the surface, a good problem: people wanting badly to shop and dine locally; a lack of parking spaces could, in the end, drive people away.

Cedar Falls does have a new parking option, however, that aims to alleviate some of the woes when it comes to visiting Main Street.

Cedar Falls Has a New Parking Option

To expand parking options in the Downtown District, the City of Cedar Falls has opened the new 2nd Street West municipal parking lot, located at the site of the former U.S. Bank building.

Get our free mobile app

The lot offers free four-hour parking per vehicle, per day, with enforcement in place Monday through Saturday from 9 a.m. to 8 p.m.

READ MORE: Major Star Coming to Iowa in 2026

Drivers needing additional time can purchase a parking pass through the city’s website.

You Can Now Purchase Parking Passes for Cedar Falls

Cedar Falls offers lot-specific parking permits for municipal lots. A daily permit costs $3, and a monthly permit costs $35.

With the permit registered to your vehicle, you can park in designated off-street lots for up to 48 consecutive hours.

READ MORE: 9-Year-Old Iowa Boy Saves Lives With a Simple Gesture

The new lot is a temporary solution through spring 2026, when the entire 2nd Street West parking area is scheduled to be restructured.

City officials say they will share updates with the community as the project moves forward.

For details on parking passes and additional parking information, visit cedarfalls.com or access the city’s parking resources by visiting the city's parking page.

Hungry (or thirsty) for some festive fun? Check out these amazing Eastern Iowa holiday pop-ups!