Welcome to 500 on 1st: Experience the thrill of urban living from a whole new perspective. Your large rooftop balcony is not just a spaceit'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.

Explore 3D tour
Apartment building
Studio
Pet-friendly
In-unit dryer
Available units
Price may not include required fees and charges
Price may not include required fees and charges.
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$895+·Studio, 1 bath
UnitSqftBase rentAvailable
656$8958/18/2025
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$895+·Studio, 1 bath
UnitSqftBase rentAvailable
602$8958/18/2025
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$995+·Studio, 1 bath
UnitSqftBase rentAvailable
730$9958/28/2025
What's special
Fitness center
Hit the gym at home
This building offers a fitness center. Only 15% of buildings in Cedar Rapids have this feature.
Large rooftop balcony
Facts, features & policies
Building Amenities
Community Rooms
- Fitness Center: Discounted Mac Gym Membership
Other
- In Unit: In Unit Heat/AC
- Shared: Laundry on First Floor-Pay Through App
Outdoor common areas
- Lawn: Lawn Care & Snow Removal
Security
- Controlled Access: Front Door Controlled Access
Services & facilities
- Elevator
Unit Features
Appliances
- Dishwasher
- Microwave Oven: Microwave
- Range Oven
- Refrigerator
Cooling
- Ceiling Fan: Ceiling Fans
Flooring
- Vinyl: Luxury Vinyl Floors in Entire Unit
Internet/Satellite
- High-speed Internet Ready: High Speed Internet
Other
- Oven/stove
- Stainless Steel Appliances
- Window Coverings: Blinds
Policies
Pets
Cats
- Allowed
Large dogs
- Not allowed
Small dogs
- Allowed
Parking
- Garage: Heated/Cooled Garage for Additional Fee
Special Features
- 24/7 Emergency Assistance
- Blinds
- Breakfast Bar
- Community Rooftop Overlooking Mcgrath Amphitheatre And Cedar River
- Fire Alarms
- Floor To Ceiling Windows*
- Indoor Community Room With Tv
- Indoor Storage For Additional Fee
- Non-smoking Building
- Pantry
- Remote Mobile Entry For Food Deliveries Or Pet Sitters
- Security Cameras In Common Areas
- Stone Counters
- Tenant Portal For Online Payment And Maintenance Requests
Neighborhood: Taylor
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Nearby schools in Cedar Rapids
GreatSchools rating
- 4/10Taylor Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10Wilson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 1/10Thomas Jefferson High SchoolGrades: 9-12Distance: 1.5 mi
Market Trends
Rental market summary
The average rent for all beds and all property types in Cedar Rapids, IA is $1,147.
Average rent
$1,147
Month-over-month
+$72
Year-over-year
+$222
Available rentals
245
Frequently asked questions
What is the walk score of 500 on 1st?
500 on 1st has a walk score of 70, it's somewhat walkable.
What is the transit score of 500 on 1st?
500 on 1st has a transit score of 37, it has some transit.
What schools are assigned to 500 on 1st?
The schools assigned to 500 on 1st include Taylor Elementary School, Wilson Middle School, and Thomas Jefferson High School.
Does 500 on 1st have in-unit laundry?
Yes, 500 on 1st has in-unit laundry for some or all of the units. 500 on 1st also has shared building laundry.
What neighborhood is 500 on 1st in?
500 on 1st is in the Taylor neighborhood in Cedar Rapids, IA.
What are 500 on 1st's policies on pets?
Large dogs are not allowed.
Does 500 on 1st have virtual tours available?
Yes, 3D and virtual tours are available for 500 on 1st.
There are 3+ floor plans availableWith 36% more variety than properties in the area, you're sure to find a place that fits your lifestyle.