Cheap Apartments for Rent in Iowa City, IA from $600 (84 Rentals)

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Aspire at West Campus
Rent Specials
$836 - $1,672
Total Monthly Price

Total Monthly Price

Base Rent
$836 - $1,672

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Aug 14

Aspire at West Campus

158 Hawkeye CtIowa City, IA 52246
Student Housing
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property at 741 Melrose Ave

$880

Total Monthly Price

Total Monthly Price

Base Rent
$880

Total Monthly Price
$880

1 Bedroom, 1 Bath Condo for Rent

Available Now

741 Melrose Ave, Unit apt. # 9

741 Melrose Ave
Iowa CityIA52246

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 912 Benton Dr

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Condo for Rent

Available Aug 1

912 Benton Dr, Unit 912 Benton dr

912 Benton Dr
Iowa CityIA52246

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Apartments at Iowa
1 Bedroom Apartments

Apartments at Iowa

507 E College StIowa City, IA 52240
  • Utilities Included
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Apartments at Iowa
Studio to 6 Bedroom Apartments

Apartments at Iowa

355 S Gilbert StIowa City, IA 52240
  • Utilities Included
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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
  • Utilities Included
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Finkbine Lane
1 to 2 Bedroom Apartments

Finkbine Lane

302 Finkbine LnIowa City, IA 52246
  • Utilities Included
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Sycamore Coop
1 Bedroom Apartments

Sycamore Coop

2001 Kountry Ln SEIowa City, IA 52240
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Oakcrest
1 to 2 Bedroom Apartments

Oakcrest

801 Oakcrest StIowa City, IA 52246
  • Utilities Included
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Cross Park Avenue
2 Bedroom Apartments

Cross Park Avenue

801-845 Cross Park AveIowa City, IA 52240
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625 E Burlington St
Studio to 1 Bedroom Apartments

625 E Burlington St

625 E Burlington StIowa City, IA 52240
Student Housing
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Violet Square
Studio to 3 Bedroom Apartments

Violet Square

501-511 S Gilbert StIowa City, IA 52240
  • Utilities Included
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Parish Apartments
Studio Apartments

Parish Apartments

108 McLean StIowa City, IA 52246
  • Utilities Included
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5 Woolf Ave
2 Bedroom Apartments

5 Woolf Ave

5 Woolf AveIowa City, IA 52246
  • Utilities Included
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SoDo Flats
Studio to 2 Bedroom Apartments

SoDo Flats

322 E Prentiss StIowa City, IA 52240
  • Utilities Included
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631 S Van Buren St
1 to 3 Bedroom Apartments

631 S Van Buren St

631 S Van Buren StIowa City, IA 52240
Student Housing
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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530 N Dubuque St
2 Bedroom Apartments

530 N Dubuque St

530 N Dubuque StIowa City, IA 52245
  • Utilities Included
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Hawkeye Park
1 to 2 Bedroom Apartments

Hawkeye Park

432 S Dubuque StIowa City, IA 52240
Student Housing
  • Utilities Included
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804 N Dubuque St
Studio to 3 Bedroom Apartments

804 N Dubuque St

804 N Dubuque StIowa City, IA 52245
  • Utilities Included
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929 Iowa Ave
2 Bedroom Apartments

929 Iowa Ave

929 Iowa AveIowa City, IA 52240
  • Utilities Included
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The Altamont
2 Bedroom Apartments

The Altamont

321 N Johnson StIowa City, IA 52245
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1050 Newton Rd
2 Bedroom Apartments

1050 Newton Rd

1050 Newton RdIowa City, IA 52246
Student Housing
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Iowa City, IA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Iowa City, IA

Pricing Updated: 07/29/2026

Current apartment rentals in the Iowa City, IA area range in price from $600 to $3,300 with an overall median price of $2,731. The three Iowa City neighborhoods with the lowest median rent pricing are County Center at $600, Downtown Iowa City at $600, and Court Hill at $600. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Iowa City Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
County Center$2,450$6003
Downtown Iowa City$2,450$6003
Court Hill$2,500$6006
Fair Meadows$2,500$6007
Hoover$2,500$6007
Lucas$2,500$6007
Saddlebrook$2,500$6008
Scott Boulevard East$2,500$6007
South Iowa City$2,500$8505
Towncrest$2,500$6007

Cheapest Available Iowa City Apartments for Rent

 

The cheapest available apartment rental in Iowa City, IA is a Studio unit found at Lakewood Hills Apartments in the Old Mill Creek neighborhood priced from $695. 308 N Linn St in the Fair Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Iowa City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood Hills ApartmentsStudioStudio,1BA$695
308 N Linn StStudio1BR,1BA$800
1165 S Riverside DrStudio - TwinStudio,1BA$990
808 on 5thStudioStudio,1BA$995
Riverfront CrossingsStudioStudio,1BA$995
Willow Ridge Apartments2 Beds, 1 bath2BR,1BA$1,200
IA City LoftsFirst Floor UnitsStudio,1BA$1,300
630 S Capitol2 bedroom 2 bath2BR,2BA$1,365
Nex Senior (55+) ApartmentsTwo Bedroom2BR,1BA$1,366
Manville Terrace2x12BR,1BA$1,400

Best Value Apartments for Rent in Iowa City, IA

As of July 30, 2026 the best value apartment in the Iowa City area is the $0.88 price per square foot 4 bedroom 4 bath Model at 630 S Capitol in the in the Cottage Hill neighborhood starting from $1,365. The second greatest value Iowa City apartment is the G Model at The Hawthorne starting at $1,800 with a $1.44 price per square foot in the The Pond's Edge neighborhood. Here is today’s list of the best values for Iowa City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
630 S Capitol4 bedroom 4 bath4BR,4BA$0.88
The HawthorneG3BR,2BA$1.44
Nex Senior (55+) ApartmentsTwo Bedroom2BR,1BA$1.53
The Nest Iowa CityB3 - 2x22BR,2BA$1.68
1032 Newton Rd21BR,1BA$2.03
808 on 5th424 S1BR,1BA$1.75
IA City LoftsFirst Floor UnitsStudio ,1BA$2.23
Riverfront CrossingsStudioStudio ,1BA$1.99
308 N Linn StStudioStudio ,1BA$2.00
Lakewood Hills ApartmentsStudio GoldStudio ,1BA$2.45

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Iowa City Overview

Iowa City is the perfect town for people of all ages. From the lively college scene to the quaint and cultural qualities throughout the many neighborhoods, Iowa City should be a top pick for many apartment-seekers. Additionally, Iowa City apartments cost much less than apartments around the country, so finding your next apartment in the area can also be very beneficial for your wallet. Whether you enjoy watching a competitive college football game or you like a peaceful bike ride around town, Iowa City is the perfect place to call home and enjoy life to the fullest.

Why live in Iowa City, IA?

If you love mild temperatures, peace and quiet, and a quaint college town, then Iowa City is perfect for you. This town is ideal for raising a family, enjoying retirement, or just trying somewhere new. And with a bustling sports scene, many historic buildings, and a thriving economy, Iowa City is a great place to live.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Iowa City Apartments

What is the Cheapest Studio apartment in Iowa City?

Currently the most affordable Cheap Studio Apartment in Iowa City is at Lakewood Hills Apartments listed at $695.

How much is rent for a Cheap One Bedroom Iowa City Apartment?

The lowest price for a Cheap One Bedroom Iowa City Apartment is $800 at 308 N Linn St.

What is the lowest price for a Cheap Two Bedroom Iowa City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Iowa City is starting from $890 at Lakewood Hills Apartments.

What is the most affordable Iowa City Three Bedroom Apartment?

The best deal on a cheap Iowa City Three Bedroom Apartment rental is at The Hawthorne and starts from $1,800.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.