Cheap Apartments for Rent in Iowa City, IA from $600 (80 Rentals)

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Search the lowest-cost Apartments available for rent right now in Iowa City.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Apartments at Iowa
Studio to 6 Bedroom Apartments

Apartments at Iowa

355 S Gilbert StIowa City, IA 52240
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Apartments at Iowa
1 Bedroom Apartments

Apartments at Iowa

507 E College StIowa City, IA 52240
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Michael Street
Studio to 1 Bedroom Apartments

Michael Street

732 Michael StIowa City, IA 52246
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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
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Finkbine Lane
1 to 2 Bedroom Apartments

Finkbine Lane

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

Sycamore Coop

2001 Kountry Ln SEIowa City, IA 52240
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Oakcrest
1 to 2 Bedroom Apartments

Oakcrest

801 Oakcrest StIowa City, IA 52246
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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
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Violet Square
Studio to 3 Bedroom Apartments

Violet Square

501-511 S Gilbert StIowa City, IA 52240
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Whiteway 2000
Studio to 1 Bedroom Apartments

Whiteway 2000

210 S Clinton StIowa City, IA 52240
Student Housing

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Parish Apartments
Studio Apartments

Parish Apartments

108 McLean StIowa City, IA 52246
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21 Woolf Ave
2 Bedroom Apartments

21 Woolf Ave

21 Woolf AveIowa City, IA 52246
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Keokuk Street
1 to 2 Bedroom Apartments

Keokuk Street

2001 Keokuk StIowa City, IA 52240
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1165 S Riverside Dr
Studio to 3 Bedroom Apartments

1165 S Riverside Dr

1165 S Riverside DrIowa City, IA 52246
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SoDo Flats
Studio to 2 Bedroom Apartments

SoDo Flats

322 E Prentiss StIowa City, IA 52240
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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
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530 N Dubuque St
2 Bedroom Apartments

530 N Dubuque St

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

Hawkeye Park

432 S Dubuque StIowa City, IA 52240
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929 Iowa Ave
2 Bedroom Apartments

929 Iowa Ave

929 Iowa AveIowa City, IA 52240
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1050 Newton Rd
2 Bedroom Apartments

1050 Newton Rd

1050 Newton RdIowa City, IA 52246
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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: 09/14/2025

Current apartment rentals in the Iowa City, IA area range in price from $695 to $3,350 with an overall median price of $1,854. The three Iowa City neighborhoods with the lowest median rent pricing are Court Hill at $695, Oak Woods at $695, and Weber at $695. 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
Court Hill$1,200$69529
Oak Woods$1,200$69528
Weber$1,400$69549
Westgate$1,650$83019
Horn$1,725$83020
Cottage Hill$1,800$83024
County Center$1,800$69568
Hoover$1,800$69572
Lucas$1,800$69575
Peninsula Neighborhood$1,800$69540

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. The Banks Student Living in the Coralview Heights neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $695. Here is today’s list of the most affordable Iowa City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood Hills ApartmentsStudioStudio,1BA$695
The Banks Student Living4x4 A4BR,4BA$695
308 N Linn StStudio1BR,1BA$800
Aspire at West Campus2x2 Herky - Unfurnished2BR,2BA$812
Forest Ridge1 Bed/1 Bath1BR,1BA$830
Knollridge Garden Apartments2 Bedroom2BR,1BA$875
Sycamore ApartmentsOne Bedroom Units1BR,1BA$895
5 Lincoln Ave0BR/1.0BAStudio,1BA$900

Best Value Apartments for Rent in Iowa City, IA

As of September 14, 2025 the best value apartment in the Iowa City area is the $1.29 price per square foot 628 N Linn St Model at 628 N Linn St, Unit #1 in the in the Saddlebrook neighborhood starting from $1,800. The second greatest value Iowa City apartment is the C1 - 3x3 Model at The Quarters Iowa City starting at $695 with a $0.59 price per square foot in the Fair Meadows 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.
628 N Linn St, Unit #1628 N Linn St4BR,1BA$1.29
The Quarters Iowa CityC1 - 3x33BR,3BA$0.59
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.20
902 North Dodge Street ApartmentsTwo Bedroom2BR,1BA$1.28
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.17
1006 Oakcrest Street ApartmentsTwo Bedroom2BR,1BA$1.28
NEX ApartmentsTwo Bedroom2BR,1BA$1.06
Claremont Apartments2BR/1.0BA2BR,1BA$1.13
Knollridge Garden Apartments2 Bedroom2BR,1BA$1.09
837 1/2 Maggard St, Unit Maggard837 1/2 Maggard StStudio ,1BA$0.98

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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.

Iowa City, IA
Population: 76,290

Ranked #460

in US Census Population by City

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

Explore Iowa City, IA Rentals by Map

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Getting Around Iowa City, IA

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Iowa City Apartments

What is a cheap apartment in Iowa City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Iowa City is under $900.

What is the price of a cheap apartment in Iowa City?

The cheapest apartment in Iowa City is 308 N Linn St which is listed at $800, while the average apartment in Iowa City costs $1,854.

What types of apartments are the cheapest in Iowa City?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 356 regular apartments in Iowa City that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Iowa City?

Cheap apartments in Iowa City have an average cost of $417 which is $1,437 cheaper than the average rent for all rentals in Iowa City.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.