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Apartments Under $500 in Cedar Rapids, IA

1 - 4 of 4 Results
1
$485
6 Plex / B Ave.
420 B Ave NW Cedar Rapids, IA
1 BR | Available Now
Contact
Northwest Area
1
$420
Quarton Place
85 Harbet Ave NW Cedar Rapids, IA
Studio | Ask for Availability
Contact
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
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
1 - 4 of 4 Results
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Frequently Asked Questions

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

There are 4 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 51 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 15 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 28 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: February Rental Information

Welcome to the February 2026 Cedar Rapids Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 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 February 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 7 15 22 30 <$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

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

Cedar Rapids, IA
Marion, IA
16
3
Welcome to Rentable's "Apartments Under $500 in Cedar Rapids, IA" page. In February 2026, Rentable found a total of 12 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 February M/M % Change
Cedar Rapids, IA 16 +1.12%
Marion, IA 3 +0.62%
Hiawatha, IA 1 +0.8%

Looking for Apartments Under $500 in Cedar Rapids?

Available apartments under $500 66
Top amenities On Site Laundry, Refrigerator, Trash Removal Included, Range / Oven, High Speed Internet
Pet friendly 3
Utilities included 2
Studio 7
1 Bedroom 1
2 Bedroom 1
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