
Cheap Apartments for Rent in Iowa City, IA from $600 (84 Rentals)
Search the lowest-cost Apartments available for rent right now in Iowa City.


Forest Ridge

Total Monthly Price
Aspire at West Campus

741 Melrose Ave, Unit apt. # 9

Sycamore Apartments

Seville

Regency Heights (55+ Community)

Emerald Ct

1165 S Riverside Dr

Riverfront Crossings
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.

330 Ridgeland Ave

Mane Gate Apartments

912 Benton Dr, Unit 912 Benton dr

Westgate Villa

Orchards & Woodlands

Riverview West

Willow Ridge Apartments

Total Monthly Price
512 E Burlington St, Unit 1

1011 Hudson Ave, Unit Apt 1

923 1/2 E Washington St
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.

Apartments at Iowa

Apartments at Iowa

Michael Street Apartments

1100 Oakcrest Apartments

Carriage Hill

Finkbine Lane

Sycamore Coop

Del Ray Ridge Apartments

633 Walnut St

532 S Dubuque St
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.

Oakcrest

Cross Park Avenue

625 E Burlington St

906 E Burlington Street Iowa City IA

Violet Square

Parish Apartments

5 Woolf Ave

Town Square Apartments

SoDo Flats

631 S Van Buren St
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.

2434 Lakeside Dr

530 N Dubuque St

Hawkeye Park

804 N Dubuque St

Claremont Apartments

929 Iowa Ave

902 North Dodge Street Apartments

The Altamont

2432 Petsel Pl

1050 Newton Rd
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

How much does it cost to rent an apartment in Iowa City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Iowa City Studio Apartments | $1,120 | $695 | $1,550 |
| Cheap Iowa City 1 Bedroom Apartments | $1,267 | $830 | $2,019 |
| Cheap Iowa City 2 Bedroom Apartments | $1,350 | $836 | $2,400 |
| Cheap Iowa City 3 Bedroom Apartments | $1,386 | $725 | $3,300 |
| Cheap Iowa City 4 Bedroom Apartments | $1,945 | $1,450 | $2,730 |
Browse Top Apartments in Iowa City
See all Apartments in Iowa CityExplore Iowa City
Iowa City, IA Local Guide

- Iowa City Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Iowa City, IA
Pricing Updated: 07/29/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| County Center | $2,450 | $600 | 3 |
| Downtown Iowa City | $2,450 | $600 | 3 |
| Court Hill | $2,500 | $600 | 6 |
| Fair Meadows | $2,500 | $600 | 7 |
| Hoover | $2,500 | $600 | 7 |
| Lucas | $2,500 | $600 | 7 |
| Saddlebrook | $2,500 | $600 | 8 |
| Scott Boulevard East | $2,500 | $600 | 7 |
| South Iowa City | $2,500 | $850 | 5 |
| Towncrest | $2,500 | $600 | 7 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood Hills Apartments | Studio | Studio,1BA | $695 |
| 308 N Linn St | Studio | 1BR,1BA | $800 |
| 1165 S Riverside Dr | Studio - Twin | Studio,1BA | $990 |
| 808 on 5th | Studio | Studio,1BA | $995 |
| Riverfront Crossings | Studio | Studio,1BA | $995 |
| Willow Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,200 |
| IA City Lofts | First Floor Units | Studio,1BA | $1,300 |
| 630 S Capitol | 2 bedroom 2 bath | 2BR,2BA | $1,365 |
| Nex Senior (55+) Apartments | Two Bedroom | 2BR,1BA | $1,366 |
| Manville Terrace | 2x1 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 630 S Capitol | 4 bedroom 4 bath | 4BR,4BA | $0.88 |
| The Hawthorne | G | 3BR,2BA | $1.44 |
| Nex Senior (55+) Apartments | Two Bedroom | 2BR,1BA | $1.53 |
| The Nest Iowa City | B3 - 2x2 | 2BR,2BA | $1.68 |
| 1032 Newton Rd | 2 | 1BR,1BA | $2.03 |
| 808 on 5th | 424 S | 1BR,1BA | $1.75 |
| IA City Lofts | First Floor Units | Studio ,1BA | $2.23 |
| Riverfront Crossings | Studio | Studio ,1BA | $1.99 |
| 308 N Linn St | Studio | Studio ,1BA | $2.00 |
| Lakewood Hills Apartments | Studio Gold | Studio ,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
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.
Best Local Schools in Iowa City, IA
Lincoln Elementary School
Iowa City High School
Southeast Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Iowa City, IA Rentals by Map
See the most popular apartments and homes in Iowa City, IA
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

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.

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.

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.

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.