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Apartments for Rent in Iowa under $500
38 Rentals Available

  • Today

    509 North Maple Street, Creston, IA 50801
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    • 1 BED
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  • Top Rated for Location
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    1130 NORTH 11TH ST, CLINTON, IA 52732
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    • 1 BED
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  • Top Rated for Location
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    1701 IOWA DR, LE CLAIRE, IA 52753
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    • 1 BED
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  • 1 day ago

    Minden Sr. Cit. Hsg., Minden, IA 51553
    1 Unit available
    • 1 BED
    • $465
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  • 397 days ago

    108 South Park, New Sharon, IA 50207
    2 Units available
    • 1 BED
    • 2 BEDS
    • $327
    • $392
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    • 4+
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  • 375 days ago

    916 Country Lane Dr., Keosauqua, IA 52565
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    • 1 BED
    • $451
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  • Top Rated for Location
    Today

    1009 South Hackett Road, Waterloo, IA 50701
    Available
    • 1 BED
    • 2 BEDS
    • 3 BEDS
    • Ask for pricing
    • $250
    • $300+
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  • 1 day ago

    911 B Ave West, Oskaloosa, IA 52577
    Income Restricted
    • 1 BED
    • 2 BEDS
    • $465
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  • 1 day ago

    210 N 8Th St., Hartley, IA 51346
    Income Restricted
    • 1 BED
    • $425
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  • Top Rated for Location
    1 day ago

    15 North Pennsylvania Ave, Mason City, IA 50401
    Income Restricted
    • 1 BED
    • $480+
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  • 1 day ago

    821 Jackson St., Sioux City, IA 51101
    Income Restricted
    • 1 BED
    • 2 BEDS
    • $440
    • $440
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  • Interactive banner bedroom
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    • Studio
    • 1
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    • 4+
  • 1 day ago

    1302-1350 S Grand Plaza Dr., Spencer, IA 51301
    Income Restricted
    • 1 BED
    • $440
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  • 1 day ago

    845 31St Ave. SW, Cedar Rapids, IA 52404
    Income Restricted
    • 1 BED
    • $500
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  • 1 day ago

    627 Sycamore Street, Waterloo, IA 50703
    Income Restricted
    • 1 BED
    • $465
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  • 1 day ago

    104 E 4Th St, Spencer, IA 51301
    Income Restricted
    • 1 BED
    • $475
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  • 1 day ago

    230 11Th St. West, Sibley, IA 51249
    Income Restricted
    • 1 BED
    • $460
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  • 1 day ago

    200 5Th Ave S, Clinton, IA 52732
    Income Restricted
    • 1 BED
    • $455
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  • Top Rated for Location
    1 day ago

    717 South 2Nd St, Clinton, IA 52732
    Income Restricted
    • 1 BED
    • 2 BEDS
    • $485
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  • 1 day ago

    419 South Second St, Clinton, IA 52732
    Income Restricted
    • 1 BED
    • 2 BEDS
    • $485
    • Ask for pricing
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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 $471 per month, there are 38 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 $250 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!