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Apartments for Rent in Iowa under $500

19 Rentals Available
  • A kitchen with brown cabinets and a black refrigerator.
    Today

    238 4Th Avenue N, Clinton, IA 52732
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS $448+
  • a red motel with snow on the roof
    30
    Today

    108 South Park, New Sharon, IA 50207
    1 BED $327
    2 BEDS $392
  • A kitchen with a table and chairs.
    5
    Today

    1009 South Hackett Road, Waterloo, IA 50701
    STUDIO $399+
  • a tall building with a hanging basket of flowers
    Today

    220 N. Main Street, Davenport, IA 52801
    STUDIO $55+
  • a house with a sidewalk and a lawn
    Today

    13961 Highway 98, Douds, IA 52551
    1 BED $365
    2 BEDS $438
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  • a sign for south oak village is on the side of a building
    5
    Today

    200 W South St., Ollie, IA 52576
    1 BED $407
    2 BEDS $489
  • a label on a piece of paper on a table
    Today

    851 Fremont Street, Millersburg, IA 52308
    1 BED $304
    2 BEDS $365
  • a sign formarongo housing is shown in front of a building
    Today

    190 May Street, Marengo, IA 52301
    1 BED $335
    2 BEDS $447
  • a sign formarongo housing is shown in front of a building
    Today

    780 W Miller Street, Marengo, IA 52301
    1 BED $452
  • a front door of a house with a bench and a red tree
    8
    Today

    916 Country Lane Dr., Keosauqua, IA 52565
    1 BED $451
  • a flag laying in the grass next to a newspaper
    Today

    403 South Street, Deep River, IA 52222
    1 BED $311
    2 BEDS $374
  • Interactive banner bedroom
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  • a parking lot in front of a building with cars parked
    Today

    304 Davis Street, South English, IA 52335
    1 BED $458
  • a living room with a table and chairs and a kitchen
    Today

    212 E 4Th Street, Lake Park, IA 51347
    Income Restricted
    1 BED Ask for Pricing
  • A black refrigerator sits in a kitchen with wooden cabinets.
    7
    Today

    1121 Jackson St, Sioux City, IA 51105
    Income Restricted
    1 BED $315+
    2 BEDS $383+
  • A black refrigerator is in a kitchen with wooden cabinets.
    Today

    1314 W 3Rd St, Sioux City, IA 51110
    Income Restricted
    1 BED $500+
    2 BEDS $413+
    4 BEDS $454+
  • A kitchen with a white refrigerator and wooden floors.
    Today

    1106 Elm St, Rolfe, IA 50581
    2 BEDS $500
  • A room with a white door, a window with blinds, and a fire extinguisher on the wall.
    Today

    2115 Mamie Eisenhower Avenue, Boone, IA 50036
    STUDIO $450
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Getting around in Iowa, IA

37 /100
Somewhat Bikeable
Bike Score®: 37

Frequently asked questions

When were prices and availability in Iowa last updated?

Prices and availability in Iowa were last updated on 23 Nov 2025.

What are the best apartments in Iowa?

The best apartments in Iowa are: The Equitable Building, RiverEast, Rocket Transfer Lofts, Barrington Park by Broadmoor and Glen Oaks by Broadmoor.

What type of rental buildings are in Iowa?

In Iowa, 28% of the residents are renting compared to 72% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 9% of Iowa’s rentals, 57% are small-scale complexes with under 50 units, and 32% are single-family rentals.

Renting apartments in Iowa under $500

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 19 apartments for rent in Iowa from 17 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $500, and make the most out of your budget.

Finding the best rental near you

Iowa is an amazing place to call home, with several rentals under $500 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $304 in Iowa, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!