Zumper
modified
23 Hours Ago

Highlights

  • Pet Friendly
  • Discounted rate
  • Professionally managed
  • Smoke-free community
  • City living, suburban tranquility

Location

500 1st St Sw, Cedar Rapids, IA 52404, USA|Taylor
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Tour 500 on 1st

Contact

Management

Q4 Real Estate, LLC

Leasing office

(319) 294-3339

Property Overview

500 on 1st receives a strong Zumper Expert Rating of 9.4, highlighting its competitive pricing, superior amenities, and prime location, which collectively enhance the quality of life for residents. The property features a smoke-free community, is professionally managed, and offers a discounted rate, making it appealing for various lifestyles including fitness enthusiasts and pet owners. Its proximity to schools, parks, grocery stores, and co-working spaces further enriches the living experience, underscoring its commitment to sustainability and community engagement.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.4
Excellent
500 on 1st is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive
  • More space
  • High school nearby

Great for

  • Work-from-home
  • Pet owners
  • Social life

Floor plans

0BR/1.0BAStudio1 bath656 sqft$1,025 /mo1 unit availableWelcome to 500 on 1st: Experience the thrill of urban living from a whole new perspective. Your large rooftop balcony is not just a space—it's a stage for memorable evenings, breathtaking sunsets, and a front-row seat to live music performances at the renowned McGrath Amphitheatre. Located just minutes away from downtown's finest restaurants, shopping districts, and cultural hotspots, 500 on 1st Apartments offers the perfect blend of city living and suburban tranquility. You're never far from the action, yet you can retreat to your peaceful haven whenever you desire. Opportunities like this are rare and highly sought-after. Secure your spot in 500 on 1st before it's too late. Contact us today to schedule a private tour and make your dream of living in the heart of the city a reality! We are a smoke-free community. Short and long-term leases available. Leases under 12 months carry an additional monthly charge. We offer easy online application process, online payment options and electronic lease signings! We are happy to offer a discounted rate through The MAC Fitness Center in Cedar Rapids/Marion - ask us about this today! Professionally Managed by Q4 Real Estate. 1950 Boyson Road, Hiawatha, Iowa 52233 We are pledged to the letter and spirit of the U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, or national origin. View more details about this property at: https q4rentals com property 500-on-1st Please note: *All specials are subject to terms and conditions. *Unit advertised and toured may be slightly different based on current availability and schedule. *Pets, parking, trash and short-term leases are subject to additional fees and restrictions.

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Amenities for 500 on 1st

Apartment Amenities

Air ConditioningBlinds
Breakfast BarCeiling Fan
Floor-To-Ceiling WindowsPantry
Stone Counters

Appliances

DishwasherFridge
In-unit Heat/ACMicrowave
OvenOven/Stove
RangeRefrigerator
Stainless Steel Appliances

Building

Cats OKControlled Access
Dogs OKElevator
Fire AlarmsFitness Center
Nonsmoking BuildingOnsite Laundry

Grounds

Garage ParkingOutdoor Space
Security Cameras in Common AreasStorage

Services

24/7 Emergency AssistanceDiscounted Mac Gym Membership
Lawn Care & Snow RemovalTenant Portal for Online Payment and Maintenance Requests
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units36
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About 500 on 1st

HomeApartments in Cedar RapidsTaylor 500 on 1st

Welcome to 500 on 1st: Experience the thrill of urban living from a whole new perspective. Your large rooftop balcony is not just a space—it's a stage for memorable evenings, breathtaking sunsets, and a front-row seat to live music performances at the renowned McGrath Amphitheatre. Located just minutes away from downtown's finest restaurants, shopping districts, and cultural hotspots, 500 on 1st Apartments offers the perfect blend of city living and suburban tranquility. You're never far from the action, yet you can retreat to your peaceful haven whenever you desire. Opportunities like this are rare and highly sought-after. Secure your spot in 500 on 1st before it's too late. Contact us today to schedule a private tour and make your dream of living in the heart of the city a reality! We are a smoke-free community. Short and long-term leases available. Leases under 12 months carry an additional monthly charge. We offer easy online application process, online payment options and electronic lease signings! We are happy to offer a discounted rate through The MAC Fitness Center in Cedar Rapids/Marion - ask us about this today! * All specials are subject to terms and conditions. * Unit advertised and toured may be slightly different based on current availability and schedule. * Pets and short-term leases are subject to additional fees and restrictions. Professionally Managed by Q4 Real Estate. 1950 Boyson Road, Hiawatha, Iowa 52233 We are pledged to the letter and spirit of the U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, or national origin. View more details about this property at: https q4rentals com property 500-on-1st


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.4
/10
Excellent
500 on 1st is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated 500 on 1st
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
500 on 1st offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
500 on 1st stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
500 on 1st is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
500 on 1st has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Reviews from the web

Showing 1 highest rated

Poor property management who are difficult to get ahold of. I dealt with bed bugs for weeks here. Other residents mentioned issues with mice on the second floor. Cheaply built but overpriced.

Ron Lund

Ron Lund

Apr 20, 2021

We’re sharing just 1 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

500 on 1st is great for:

Work-from-home

  • High speed internet is an amenity
  • 6 coworking spaces or cafes within 1 mile
  • Common areas for meetings or remote work
  • Large windows for natural lighting

Pet owners

  • Outdoor spaces are available at this property
  • 1 pet grooming service nearby
  • 1 pet hospital in the area
  • 1 pet supply store near the property

Social life

  • 157 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • This community has public spaces on site, like fitness centers or pools
  • Area has 18 parks and recreation options

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 500 on 1st compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
More space
Studio is 328 sqft larger than other listings nearby
High school nearby
There is a high school 1 mile away
Dishwasher
Dishwasher available in kitchen
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Outdoor space
Easy access to the outdoors

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Rent trends in Taylor

studio apartments at 500 on 1st cost about 7% less than the average rent price for studio apartments in Taylor.

Median rents as of Jan 17 2026.
Taylor
Cedar Rapids
A table of studio rental data trends in Cedar Rapids
MonthMedian Rent
February 2024$700
March 2024$750
April 2024$735
May 2024$775
June 2024$764
July 2024$742
August 2024$753
September 2024$776
October 2024$787
November 2024$786
December 2024$778
January 2025$779
February 2025$791
March 2025$836
April 2025$871
May 2025$835
June 2025$773
July 2025$721
August 2025$876
September 2025$946
October 2025$766
November 2025$632
December 2025$637
January 2026$684
A table of studio rental data trends in Taylor
MonthMedian Rent
February 2024$920
March 2024$915
April 2024$1,021
May 2024$995
June 2024$925
July 2024$895
November 2024$895
December 2024$895
January 2025$914
February 2025$920
March 2025$915
April 2025$924
May 2025$957
June 2025$995
July 2025$995
August 2025$1,037
September 2025$1,055
October 2025$1,067

Affordability calculator

Can I afford to live at 500 1st St Sw?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$41,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $41,000 annually to afford this studio monthly rent price of $1,025.
For more information on rent affordability, visit our rent calculator.

Schools near 500 on 1st

Cedar River Academy at Taylor Elementary School

720 7th ave sw

cedar rapids, IA, 52404

PK, K-5Public
C
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Internet available near 500 on 1st

Getting around Cedar Rapids near 500 1st St Sw

Walking

6/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 500 1st St Sw, Cedar Rapids

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

3/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

2/10
No high schools within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 500 1st St Sw

Mula African Food Market LLC
425 3rd Ave SW
Peppercorn Food Co
426 1st Ave NW
Market Street Technologies Inc
215 1st Ave SE
Jims Food
812 6th St SW
Yumeis Asian Market
901 1st Ave SW

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