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Apartments for Rent in Iowa under $500

72 Rentals Available
Apartments for Rent in Iowa under $500. 72 Rentals Available
  • a dining room and living room with a table and chairs
    Today

    53 Miller Avenue SW, Cedar Rapids, IA 52404
    1 BED $384+
    2 BEDS $462+
  • a red motel with snow on the roof
    Today

    108 South Park, New Sharon, IA 50207
    1 BED $327
    2 BEDS $392
  • a sign for south oak village is on the side of a building
    Today

    200 W South St., Ollie, IA 52576
    1 BED $407
    2 BEDS $489
  • a house with a sidewalk and a lawn
    Today

    13961 Highway 98, Douds, IA 52551
    1 BED $365
    2 BEDS $438
  • a sign formarongo housing is shown in front of a building
    Today

    780 W Miller Street, Marengo, IA 52301
    1 BED $452
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  • a sign in the snow in front of a building
    Today

    402 SE Noble, Greenfield, IA 50849
    1 BED $497
  • a label on a piece of paper on a table
    Today

    851 Fremont Street, Millersburg, IA 52308
    1 BED $304
    2 BEDS $365
  • a front door of a house with a bench and a red tree
    Today

    916 Country Lane Dr., Keosauqua, IA 52565
    1 BED $451
  • a parking lot in front of a building with cars parked
    Today

    304 Davis Street, South English, IA 52335
    1 BED $458
  • 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 flag laying in the grass next to a newspaper
    Today

    403 South Street, Deep River, IA 52222
    1 BED $311
    2 BEDS $374
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  • a clock tower logo isolated on a white background
    Today

    403 East Church St, Marshalltown, IA 50158
    2 BEDS $467+
  • a living room with six windows and a table
    Today

    627 Sycamore Street, Waterloo, IA 50703
    Income Restricted
    1 BED $500
  • a living room and kitchen with a couch and a table
    Today

    728 Oakbrook Drive, Marion, IA 52302
    Income Restricted
    2 BEDS $440+
  • a kitchen with white appliances and wooden cabinets
    Today

    230 11Th St. West, Sibley, IA 51249
    Income Restricted
    1 BED Ask for pricing
  • a dining room with tables and chairs and a kitchen
    Today

    2 North 2Nd Avenue, Marshalltown, IA 50158
    Income Restricted
    1 BED Ask for pricing
  • a living room with a couch and a coffee table
    Today

    1703 Hill Ave, Spirit Lake, IA 51360
    Income Restricted
    1 BED Ask for pricing
  • a living room with a couch and a table and chairs
    Today

    2304, 2306, 2308 Des Moines St, Webster City, IA 50595
    Income Restricted
    1 BED Ask for pricing
  • a living room with couches and chairs and a rug
    Today

    911 B Ave West, Oskaloosa, IA 52577
    Income Restricted
    1 BED $500+
  • a white building with a sign in front of it
    Today

    2300-2302 Sunner Ave, Spirit Lake, IA 51360
    Income Restricted
    1 BED Ask for pricing
  • 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
21-0-state
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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 10 Apr 2026.

What are the best apartments in Iowa?

The best apartments in Iowa are: Sunburst Apts, The Cunningham Apartments, Sonoma Square, Country Club Estates and The Commons at Greenway Park.

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. 9% of Iowa's apartments are found in large buildings of 50 units or more, 57% are located in smaller apartment complexes with less than 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 72 apartments for rent in Iowa from 21 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!