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Apartments for Rent in Iowa under $500
120 Rentals Available

  • Today

    53 Miller Ave, Cedar Rapids, IA 52404
    1 BED Ask for Pricing
    2 BEDS $462+
  • 961 days ago

    108 South Park, New Sharon, IA 50207
    1 BED $327
    2 BEDS $392
  • 961 days ago

    403 South Street, Deep River, IA 52222
    1 BED $311
    2 BEDS $374
  • 939 days ago

    916 Country Lane Dr., Keosauqua, IA 52565
    1 BED $451
  • 961 days ago

    780 W Miller Street, Marengo, IA 52301
    1 BED $452
  • Too many options, too little time? Take a quiz and let us do the search for you
  • 961 days ago

    851 Fremont Street, Millersburg, IA 52308
    1 BED $304
    2 BEDS $365
  • Today

    Lakeshore Ct., Council Bluffs, IA 51501
    Studio $210
  • 981 days ago

    13961 Highway 98, Douds, IA 52551
    1 BED $365
    2 BEDS $438
  • 981 days ago

    200 W South St., Ollie, IA 52576
    1 BED $407
    2 BEDS $489
  • 961 days ago

    190 May Street, Marengo, IA 52301
    1 BED $335
    2 BEDS $447
  • 961 days ago

    304 Davis Street, South English, IA 52335
    1 BED $458
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  • Today

    402 SE Noble, Greenfield, IA 50849
    1 BED $497
  • Today

    5509 NW Johnston Dr, Johnston, IA 50131
    1 BED $455+
  • 5 days ago

    5409 NW Johnston Dr, Johnston, IA 50131
    1 BED $500+
  • Today

    230 11Th St. West, Sibley, IA 51249
    Income Restricted
    1 BED $500
  • Today

    911 B Ave West, Oskaloosa, IA 52577
    Income Restricted
    1 BED Ask for Pricing
  • Today

    2300-2302 Sunner Ave, Spirit Lake, IA 51360
    Income Restricted
    1 BED Ask for Pricing
  • Today

    212 E 4Th Street, Lake Park, IA 51347
    Income Restricted
    1 BED Ask for Pricing
  • Today

    728 Oakbrook Drive, Marion, IA 52302
    Income Restricted
    2 BEDS $440+
  • Today

    1440-1450 E Grand Ave, Des Moines, IA 50316
    Income Restricted
    1 BED $470
  • Today

    1703 Hill Ave, Spirit Lake, IA 51360
    Income Restricted
    1 BED Ask for Pricing
  • Today

    2304, 2306, 2308 Des Moines St, Webster City, IA 50595
    Income Restricted
    1 BED Ask for Pricing
  • Today

    821 Jackson St., Sioux City, IA 51101
    Income Restricted
    1 BED $440
    2 BEDS $440
  • Today

    200 5Th Ave S, Clinton, IA 52732
    Income Restricted
    1 BED $360
  • Today

    674 Terrace Park Blvd., Milford, IA 51351
    Income Restricted
    1 BED Ask for Pricing
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Getting around in Iowa, IA

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Bike Score®: 37

Frequently asked questions

When were prices and availability in Iowa last updated?

Prices and availability in Iowa were last updated on 11 Apr 2024.

What are the best apartments in Iowa?

The best apartments in Iowa are: RiverEast, Crestwood Ridge, Stewart Park Townhomes, Des Moines Street Village and Deerfield.

What type of rental buildings are in Iowa?

In Iowa 28% of the housing is rented out compared to 72% of homes are owned, according to the most recent Census Bureau estimates. 8% of Iowa’s apartments are found in large buildings of 50 units or more, 56% are located in smaller apartment complexes with less than 50 units, and 34% are single-family rentals.

Renting apartments in Iowa under $500

Searching for apartments for rent in Iowa under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Iowa, where the average rent is $542 per month, there are 120 units available for less than $500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Iowa. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Iowa going for $327 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

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