Cheap Apartments for Rent in Iowa City, IA from $600 (86 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.

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property at 906 Benton Dr

$950 - $1,095

2 Bedroom Rentals

Available Now

906 Benton Dr

Iowa CityIA52246

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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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.

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Apartments at Iowa
1 Bedroom Apartments

Apartments at Iowa

507 E College StIowa City, IA 52240
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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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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
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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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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

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.

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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
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Whiteway 2000
Studio to 1 Bedroom Apartments

Whiteway 2000

210 S Clinton StIowa City, IA 52240
Student Housing
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Parish Apartments
Studio Apartments

Parish Apartments

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

5 Woolf Ave

5 Woolf AveIowa City, IA 52246
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1165 S Riverside Dr
Studio to 3 Bedroom Apartments

1165 S Riverside Dr

1165 S Riverside DrIowa City, IA 52246
Student Housing
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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
Student Housing
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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.

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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: 01/27/2026

Current apartment rentals in the Iowa City, IA area range in price from $625 to $4,800 with an overall median price of $4,179. The three Iowa City neighborhoods with the lowest median rent pricing are Weber at $900, Cottage Hill at $995, and Westgate at $900. 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
Weber$2,200$90014
Cottage Hill$2,600$9959
Westgate$2,700$90013
Horn$3,000$90014
Ruppert Hills$3,000$95010
Peninsula Neighborhood$3,750$6809
Roosevelt$3,750$70011
Terrace Hill$3,750$95010
County Center$4,800$62524
Court Hill$4,800$62541

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
Aspire at West Campus2x2 Herky - Unfurnished2BR,2BA$812
Forest Ridge1 Bed/1 Bath1BR,1BA$850
Regency Heights (55+ Community)One Bedroom1BR,1BA$875
Sycamore ApartmentsOne Bedroom Units1BR,1BA$895
Knollridge Garden Apartments2BR/1.0BA2BR,1BA$925
Nex Senior (55+) ApartmentsTwo Bedroom2BR,1BA$948
SoDo FlatsStudioStudio,1BA$995
808 on 5thStudioStudio,1BA$995

Best Value Apartments for Rent in Iowa City, IA

As of January 27, 2026 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 G Model at The Hawthorne starting at $1,700 with a $1.36 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.
628 N Linn St, Unit #1628 N Linn St4BR,1BA$1.29
The HawthorneG3BR,2BA$1.36
The Quarters Iowa CityC1 - 3x33BR,3BA$0.59
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.20
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.22
Claremont Apartments2BR/1.0BA2BR,1BA$1.16
Belmont Apartments2BR/1.0BA2BR,1BA$1.21
Mane Gate ApartmentsOne Bedroom with W/D - OL1BR,1BA$1.35
Nex Senior (55+) ApartmentsTwo Bedroom2BR,1BA$1.14
Knollridge Garden Apartments2BR/1.0BA2BR,1BA$1.16

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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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.

Best Local Schools in
Iowa City, IA

School data provided by Great Schools

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

Explore Iowa City, IA Rentals by Map

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See the most popular apartments and homes in Iowa City, IA

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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 $812 at Aspire at West Campus.

What is the most affordable Iowa City Three Bedroom Apartment?

The best deal on a cheap Iowa City Three Bedroom Apartment rental is at Newton Pointe Apartments and starts from $1,425.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.