
Cheap Apartments for Rent in Iowa City, IA from $600 (85 Rentals)
Search the lowest-cost Apartments available for rent right now in Iowa City.


308 N Linn St

Forest Ridge

340 Ellis Ave

723 1/2 E Jefferson St

Regency Heights (55+ Community)

Sycamore Apartments

931 Dewey St

822-826 3rd Ave

Seville
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.

906 Benton Dr

Emerald Ct

631 S Van Buren St

Riverfront Crossings

SoDo Flats

23 S Dubuque St, Unit 1

740 1/2-740 1/2 Sunset St

340 Ellis Ave

340 Ellis Ave

340 Ellis Ave
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.

Mane Gate Apartments

804 N Dubuque St

1000 Melrose Ave, Unit #1 or #2 Melrose

Westgate Villa

Orchards & Woodlands

IA City Lofts

340 Ellis Ave

926 Harlocke St (IC)

Apartments at Iowa

Apartments at Iowa
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.

Michael Street Apartments

1100 Oakcrest Apartments

Carriage Hill

Finkbine Lane

Sycamore Coop

Del Ray Ridge Apartments

Oakcrest

Cross Park Avenue

625 E Burlington St

906 E Burlington Street Iowa City IA
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.

Violet Square

Whiteway 2000

Parish Apartments

5 Woolf Ave

Town Square Apartments

1165 S Riverside Dr

Claremont Apartments

530 N Dubuque St

Hawkeye Park

929 Iowa Ave
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 | $1,202 | $695 | $1,325 |
| Cheap Iowa City 1 Bedroom Apartments | $1,239 | $770 | $1,935 |
| Cheap Iowa City 2 Bedroom Apartments | $1,276 | $690 | $2,400 |
| Cheap Iowa City 3 Bedroom Apartments | $1,219 | $695 | $3,300 |
| Cheap Iowa City 4 Bedroom Apartments | $1,890 | $699 | $2,796 |
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
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Cheapest Neighborhoods for Apartments in Iowa City, IA
Pricing Updated: 01/09/2026Current apartment rentals in the Iowa City, IA area range in price from $625 to $5,000 with an overall median price of $4,186. The three Iowa City neighborhoods with the lowest median rent pricing are Ruppert Hills at $950, Terrace Hill at $640, and Peninsula Neighborhood at $640. 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 |
|---|---|---|---|
| Ruppert Hills | $2,200 | $950 | 12 |
| Terrace Hill | $2,200 | $640 | 13 |
| Peninsula Neighborhood | $2,695 | $640 | 10 |
| Cottage Hill | $3,000 | $995 | 13 |
| Horn | $3,000 | $900 | 17 |
| Roosevelt | $3,000 | $640 | 18 |
| Weber | $3,000 | $900 | 18 |
| Westgate | $3,000 | $900 | 16 |
| County Center | $5,000 | $625 | 24 |
| Court Hill | $5,000 | $625 | 30 |
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 $812. 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 |
| Aspire at West Campus | 2x2 Herky - Unfurnished | 2BR,2BA | $812 |
| Forest Ridge | 1 Bed/1 Bath | 1BR,1BA | $850 |
| Regency Heights (55+ Community) | One Bedroom | 1BR,1BA | $875 |
| Sycamore Apartments | One Bedroom Units | 1BR,1BA | $895 |
| Knollridge Garden Apartments | 2BR/1.0BA | 2BR,1BA | $925 |
| Claremont Apartments | 2BR/1.0BA | 2BR,1BA | $990 |
| SoDo Flats | Studio | Studio,1BA | $995 |
| Riverfront Crossings | Studio | Studio,1BA | $995 |
| 808 on 5th | Studio | Studio,1BA | $995 |
Best Value Apartments for Rent in Iowa City, IA
As of January 09, 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 3 Bdrm -Sublet Model at Westgate Villa starting at $1,365 with a $1.05 price per square foot in the Cottage Hill 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. |
|---|---|---|---|
| 628 N Linn St, Unit #1 | 628 N Linn St | 4BR,1BA | $1.29 |
| Westgate Villa | 3 Bdrm -Sublet | 3BR,2BA | $1.05 |
| The Hawthorne | G | 3BR,2BA | $1.36 |
| The Quarters Iowa City | C1 - 3x3 | 3BR,3BA | $0.59 |
| 926 Harlocke St (IC) | 2 BR/1 BA | 2BR,1BA | $1.20 |
| Orchards & Woodlands | 2BR/1.0BA | 2BR,1BA | $1.22 |
| Knollridge Garden Apartments | 3BR/1.0BA | 3BR,1BA | $1.22 |
| Claremont Apartments | 2BR/1.0BA | 2BR,1BA | $1.13 |
| 1000 Melrose Ave, Unit #1 or #2 Melrose | 1000 Melrose Ave | 1BR,1BA | $1.24 |
| Belmont Apartments | 2BR/1.0BA | 2BR,1BA | $1.30 |
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 ArticleThe 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.
Read ArticleCash 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.
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 $845 at Lakewood Hills Apartments.
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 Knollridge Garden Apartments and starts from $1,100.
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!