
Cheap Apartments for Rent in Iowa City, IA from $600 (81 Rentals)
Search the lowest-cost Apartments available for rent right now in Iowa City.


Sycamore Apartments

711 E Burlington St, Unit 2

Seville

Emerald Ct

Regency Heights (55+ Community)
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.

902 Benton Dr

156 Westside Dr, Unit 1st Floor

1165 S Riverside Dr

Riverfront Crossings

Mane Gate Apartments

Westgate Villa

902 North Dodge Street Apartments

1006 Oakcrest Street Apartments

Forum at Lincoln

800 Kimball Rd

Orchards & Woodlands
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.

512 E Burlington St, Unit 1

926 Harlocke St (IC)

Willow Ridge Apartments

304 S Summit St, Unit 103
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,093 | $695 | $1,300 |
Cheap Iowa City 1 Bedroom Apartments | $1,222 | $800 | $1,950 |
Cheap Iowa City 2 Bedroom Apartments | $1,331 | $620 | $3,350 |
Cheap Iowa City 3 Bedroom Apartments | $1,431 | $650 | $3,300 |
Cheap Iowa City 4 Bedroom Apartments | $2,149 | $729 | $2,916 |
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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: 07/02/2025Current apartment rentals in the Iowa City, IA area range in price from $620 to $3,350 with an overall median price of $1,580. The three Iowa City neighborhoods with the lowest median rent pricing are Oak Woods at $620, Court Hill at $620, and Lucas at $620. 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 |
---|---|---|---|
Oak Woods | $1,100 | $620 | 24 |
Court Hill | $1,185 | $620 | 24 |
Lucas | $1,207 | $620 | 47 |
Scott Boulevard East | $1,215 | $620 | 49 |
Towncrest | $1,215 | $620 | 46 |
South Iowa City | $1,227 | $620 | 50 |
Fair Meadows | $1,280 | $620 | 55 |
Hoover | $1,315 | $620 | 47 |
Weber | $1,338 | $699 | 26 |
Northside | $1,450 | $800 | 8 |
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. Aspire at West Campus in the Coralview Heights neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $699. 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 Gold | Studio,1BA | $695 |
Aspire at West Campus | 2x2 Herky - Unfurnished | 2BR,2BA | $699 |
Knollridge Garden Apartments | 2BR/1.0BA | 2BR,1BA | $875 |
Regency Heights (55+ Community) | One Bedroom | 1BR,1BA | $935 |
1165 S Riverside Dr | Studio - Twin | Studio,1BA | $990 |
Belmont Apartments | 2BR/1.0BA | 2BR,1BA | $995 |
Riverfront Crossings | Studio | Studio,1BA | $995 |
The Quarters Iowa City | F2 - 1x1 | 1BR,1BA | $1,050 |
Orchards & Woodlands | 2BR/1.0BA | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in Iowa City, IA
As of July 02, 2025 the best value apartment in the Iowa City area is the $1.42 price per square foot B Model at The Hawthorne in the in the The Pond's Edge neighborhood starting from $1,700. The second greatest value Iowa City apartment is the 26 Redtail Bend - 2 BR / 1 BA Model at Woodridge Estates starting at $1,415 with a $1.41 price per square foot in the Coralview Heights 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. |
---|---|---|---|
The Hawthorne | B | 2BR,2BA | $1.42 |
Woodridge Estates | 26 Redtail Bend - 2 BR / 1 BA | 2BR,1BA | $1.41 |
The Hampton at Coral Ridge | 2 Bedroom 1 Bath | 2BR,1BA | $1.35 |
Orchards & Woodlands | 2BR/1.0BA | 2BR,1BA | $1.21 |
1453-1458 Eastview Dr | 1453 Eastview | 2BR,1.5BA | $1.21 |
Coral Ridge Senior (55+) Apartments | Two Bedroom B | 2BR,1BA | $1.59 |
Belmont Apartments | 2BR/1.0BA | 2BR,1BA | $1.18 |
The Nest Iowa City | B3 - 2x2 | 2BR,2BA | $1.59 |
Knollridge Garden Apartments | 2 Bedroom | 2BR,1BA | $1.09 |
Regency Heights (55+ Community) | One Bedroom | 1BR,1BA | $1.53 |
Quick Rent Budget Calculator
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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, IAPopulation: 76,290
Ranked #460
in US Census Population by City
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
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,100.
What is the price of a cheap apartment in Iowa City?
The cheapest apartment in Iowa City is Lakewood Hills Apartments which is listed at $800, while the average apartment in Iowa City costs $1,580.
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 219 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 $597 which is $983 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.