Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Cedar Rapids area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $500 in Cedar Rapids, IA

1 - 6 of 6 Results
5
$495
3009 12th Ave SW
Cedar Rapids, IA
Studio | Available Now
Contact
Cat Friendly
1
$400 - 420
Quarton Place
85 Harbet Ave NW Cedar Rapids, IA
Studio | Available Now
Contact
1
$495
3009 12th Ave SW
Cedar Rapids, IA
Studio | Available Now
Contact
1
$475
6 Plex / B Ave.
420 B Ave NW Cedar Rapids, IA
1 BR | Ask for Availability
Contact
Northwest Area
20
3D Tour
$400 - 555
PER
ROOM
Reserve At Kirkwood
304 66Th Ave SW Cedar Rapids, IA
2 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
Air Conditioning
18
3D Tour
$380 - 510
PER
ROOM
Campus View & Kirkwood Court
205 Kirkwood Court SW Cedar Rapids, IA
2 BR | Ask for Availability
Contact
Heat Included
Cat Friendly
Student
Virtual Tour
Air Conditioning
1 - 6 of 6 Results
  1. Home
  2. Cedar Rapids
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Cedar Rapids, IA on Rentable.co?

There are 6 apartments under $500 in Cedar Rapids currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Cedar Rapids?

Rentable.co has 89 studio apartments under $500 available for rent in Cedar Rapids.

How many one-bedroom apartments under $500 are available in Cedar Rapids?

Rentable.co has 40 one-bedroom apartments under $500 available for rent in Cedar Rapids.

How many two-bedroom apartments under $500 are available in Cedar Rapids?

Rentable.co has 25 two-bedroom apartments under $500 available for rent in Cedar Rapids.

Can I afford a apartment under $500 in Cedar Rapids, IA?

To comfortably afford a apartment under $500 in Cedar Rapids based on average rent prices, a household would need an annual income of $17,000.

Which neighborhoods have the most apartments under $500 for rent in Cedar Rapids, IA?

  1. Northwest Area

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

Welcome to the December 2025 Cedar Rapids Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 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 December 2025 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 5 10 15 20 <$600 $620 $660 $700 $740 $780 $820 $860 $900 $940 $980 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380
This month, the typical cost to rent a one-bedroom apartment in Cedar Rapids stands at $700, with the majority falling between $560 and $1,390. Out of the 843 one-bedroom apartments currently on the market in Cedar Rapids, 20 are priced below $500, accounting for 2% of the total available one-bedroom units in Cedar Rapids.

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

Cedar Rapids, IA
22
Welcome to Rentable's "Apartments Under $500 in Cedar Rapids, IA" page. In December 2025, Rentable found a total of 21 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 December M/M % Change
Cedar Rapids, IA 23 +1.12%
Marion, IA 2 +0.5%
Hiawatha, IA 1 0.0%

Looking for Apartments Under $500 in Cedar Rapids?

Available apartments under $500 162
Top amenities On Site Laundry, Refrigerator, Trash Removal Included, Range / Oven, High Speed Internet
Pet friendly 7
Utilities included 2
Studio 30
2 Bedroom 3
4 Bedroom 2
Browse Cedar Rapids Apartments
Cedar Rapids Apartments by Neighborhood
Cedar Rapids Apartments by Bedrooms
Cedar Rapids Apartments by Affordability
Cedar Rapids Apartments with Amenities
Cedar Rapids Apartments by Type
Colleges Near Cedar Rapids
Cedar Rapids Apartments by Zip Code