Apartments Under $500 in Cedar Rapids, IA

1 - 3 of 3 Results
1
$445
85 Harbet Ave NW Cedar Rapids, IA
Studio | Jun. 1, 2026
Contact
18
3D Tour
$380 - 510
PER
ROOM
205 Kirkwood Court SW Cedar Rapids, IA
2 BR | Ask for Availability
Contact
Heat Included
Cat Friendly
Student
Virtual Tour
Air Conditioning
20
3D Tour
$400 - 555
PER
ROOM
304 66Th Ave SW Cedar Rapids, IA
2 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
Air Conditioning
1 - 3 of 3 Results

All Apartments in Cedar Rapids, IA

30 Results
18
$1,036
217 7th Ave SW Cedar Rapids, IA
1 BR | Jul. 10, 2026
Contact
Fitness Center
Dishwasher
Taylor
43
$1,213 - 1,607
620 Ashton Place Ne Cedar Rapids, IA
2 BR | Jul. 24, 2026
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
10
$1,008
1400 2nd Ave SW Cedar Rapids, IA
2 BR | May. 14, 2026
Contact
Fitness Center
Dishwasher
Taylor
12
$1,125
53 Miller Ave SW Cedar Rapids, IA
2 BR | May. 31, 2026
Contact
Air Conditioning
Fitness Center
Storage
Dishwasher
55
$1,353 - 3,027
6214 Rockwell Drive Ne Cedar Rapids, IA
2 - 3 BR | Jun. 28, 2026
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Luxury
5
$965
411 1st Ave SE Cedar Rapids, IA
1 BR | Jul. 24, 2026
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
Disability Access
24
$1,650 - 1,655
151 1st Ave SW Cedar Rapids, IA
2 BR | Aug. 8, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Downtown Cedar Rapids
23
$887 - 1,117
501 4th Ave SE Cedar Rapids, IA
Studio - 2 BR | Available Now
Contact
Fitness Center
Dishwasher
Downtown Cedar Rapids
12
$1,056
600 2nd St SW Cedar Rapids, IA
2 BR | May. 31, 2026
Contact
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Fitness Center
Dishwasher
5
$1,045 - 1,075
245 2nd St SW Cedar Rapids, IA
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Downtown Cedar Rapids
11
$1,195 - 1,550
Cedar Rapids, IA
1 - 2 BR | Jul. 17, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Mound View
15
$1,046
Cedar Rapids, IA
1 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
11
3D Tour
$995 - 1,025
500 1st St SW Cedar Rapids, IA
Studio | May. 22, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
15
$857
200 1st Ave NE Cedar Rapids, IA
1 BR | Available Now
Contact
Cat Friendly
Income Restricted
Air Conditioning
Fitness Center
Downtown Cedar Rapids
30
$1,000 - 1,200
5240 16th Ave SW Cedar Rapids, IA
1 - 2 BR | May. 14, 2026
Contact
Den
Dishwasher
31
$995
Cedar Rapids, IA
Studio | Jun. 9, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Mound View
17
$1,250
1120 Depot Ln SE Cedar Rapids, IA
1 BR | Jul. 8, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Oak Hill Jackson
26
$650
2155 Westdale Dr SW Cedar Rapids, IA
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
30
$1,260 - 2,005
254 Northpointe Drive Ne Cedar Rapids, IA
2 BR | Jul. 10, 2026
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
6
$799
Cedar Rapids, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$650
1641-1651 34th St SE Cedar Rapids, IA
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$840 - 890
1601 30th St NW Cedar Rapids, IA
2 BR | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
7
$1,795
Cedar Rapids, IA
3 BR | Jul. 8, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Mound View
7
$700
Cedar Rapids, IA
Studio | Available Now
Contact
1
$1,395
2324 Victoria Dr Cedar Rapids, IA
2 BR | Jul. 21, 2026
Contact
Dog Friendly
Cat Friendly
Storage
5
$850
Cedar Rapids, IA
2 BR | Jul. 15, 2026
Contact
Dishwasher
26
$1,800
Cedar Rapids, IA
3 BR | Jun. 15, 2026
Contact
House
Dishwasher
11
$1,050
Cedar Rapids, IA
2 BR | Jun. 10, 2026
Contact
1
$1,695 - 1,725
8703 Ruby Sue Dr SW Cedar Rapids, IA
2 BR | Jul. 10, 2026
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
1
$1,950
6900-6978 Doubletree Rd NE Cedar Rapids, IA
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
  1. Home
  2. Cedar Rapids
  3. Apartments Under $500

Apartments Under $500 in Cedar Rapids, IA: May Rental Information

Welcome to the May 2026 Cedar Rapids Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Cedar Rapids rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Cedar Rapids and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $500 in Cedar Rapids.

Stay tuned for the May 2026 Cedar Rapids Apartment Report to learn more about the rent prices and availability in the area, helping you find the perfect apartment for your budget.
0 10 20 30 40 <$700 $720 $760 $800 $840 $880 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280

Available Apartments Under $500: Cedar Rapids vs. Surrounding Areas

Cedar Rapids, IA
Marion, IA
10
3
Welcome to Rentable's "Apartments Under $500 in Cedar Rapids, IA" page. In May 2026, Rentable found a total of 8 available apartments priced under $500 in the Cedar Rapids, IA metro area. The surrounding cities included in this search were Mount Vernon, Central City, Quasqueton, Lisbon, Robins, Ely, Marengo, Marion, Atkins, Springville, and Hiawatha. Please note that availability is subject to change, so be sure to check back regularly for updates on the current listings in the area.

Apartments Under $500 Now vs. Last Month: Cedar Rapids and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Cedar Rapids, IA 10 +1.19%
Marion, IA 3 +1.1%
Hiawatha, IA 0 +1.67%

Looking for Apartments Under $500 in Cedar Rapids?

Available apartments under $500 21
Top amenities On Site Laundry, Refrigerator, Trash Removal Included, Range / Oven, High Speed Internet
Pet friendly 2
Utilities included 2
Studio 5
2 Bedroom 1
3 Bedroom 1