
Cheap Apartments for Rent in Iowa City, IA from $600 (87 Rentals)
Search the lowest-cost Apartments available for rent right now in Iowa City.


308 N Linn St

723 1/2 E Jefferson St

Regency Heights (55+ Community)

Sycamore Apartments

931 Dewey St

507 Kimball 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.

Seville

Emerald Ct

631 S Van Buren St

Riverfront Crossings

SoDo Flats

831 E College St

Mane Gate Apartments
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.

804 N Dubuque St

1006 Oakcrest Street Apartments

902 North Dodge Street Apartments

Westgate Villa

Orchards & Woodlands

629 N Gilbert St

5 Lincoln Ave

Nex Senior (55+) Apartments

IA City Lofts
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.

926 Harlocke St (IC)
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.
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.
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 | $1,118 | $695 | $1,350 |
| Cheap Iowa City 1 Bedroom Apartments | $1,213 | $770 | $2,495 |
| Cheap Iowa City 2 Bedroom Apartments | $1,255 | $670 | $2,300 |
| Cheap Iowa City 3 Bedroom Apartments | $1,284 | $695 | $3,300 |
| Cheap Iowa City 4 Bedroom Apartments | $1,937 | $695 | $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
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Iowa City, IA
Pricing Updated: 11/05/2025Current apartment rentals in the Iowa City, IA area range in price from $670 to $3,300 with an overall median price of $2,716. The three Iowa City neighborhoods with the lowest median rent pricing are Horn at $830, Westgate at $830, and Cottage Hill at $830. 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 |
|---|---|---|---|
| Horn | $1,650 | $830 | 13 |
| Westgate | $1,650 | $830 | 14 |
| Cottage Hill | $1,725 | $830 | 16 |
| Weber | $1,747 | $695 | 66 |
| Roosevelt | $1,800 | $830 | 36 |
| Ruppert Hills | $1,800 | $830 | 35 |
| Terrace Hill | $1,800 | $830 | 38 |
| Northside | $2,300 | $800 | 16 |
| Peninsula Neighborhood | $2,400 | $695 | 39 |
| County Center | $3,300 | $770 | 56 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood Hills Apartments | Studio | Studio,1BA | $695 |
| The Banks Student Living | 4x4 A | 4BR,4BA | $695 |
| Aspire at West Campus(New) | 2x2 Capitol - Unfurnished | 2BR,2BA | $699 |
| 308 N Linn St | Studio | 1BR,1BA | $800 |
| Forest Ridge | 1 Bed/1 Bath | 1BR,1BA | $830 |
| Regency Heights (55+ Community) | One Bedroom | 1BR,1BA | $875 |
| Parkside Manor | 1 Bdrm-LL | 1BR,1BA | $880 |
| Sycamore Apartments | One Bedroom Units | 1BR,1BA | $895 |
| Knollridge Garden Apartments | 2 Bedroom | 2BR,1BA | $925 |
| Coral North Apartments | Two Bedroom | 2BR,1BA | $966 |
Best Value Apartments for Rent in Iowa City, IA
As of November 06, 2025 the best value apartment in the Iowa City area is the $1.25 price per square foot 420 5th Street #15 Model at Woodridge Estates in the in the Coralview Heights neighborhood starting from $1,700. The second greatest value Iowa City apartment is the 4 Bedroom-2 Bathroom Model at Hawks Ridge starting at $635 with a $0.50 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. |
|---|---|---|---|
| Woodridge Estates | 420 5th Street #15 | 3BR,2.5BA | $1.25 |
| Hawks Ridge | 4 Bedroom-2 Bathroom | 4BR,2BA | $0.50 |
| The Hawthorne | G | 3BR,2BA | $1.36 |
| 926 Harlocke St (IC) | 2 BR/1 BA | 2BR,1BA | $1.20 |
| 1006 Oakcrest Street Apartments | Two Bedroom | 2BR,1BA | $1.28 |
| Nex Senior (55+) Apartments | Two Bedroom | 2BR,1BA | $1.35 |
| Claremont Apartments | 2BR/1.0BA | 2BR,1BA | $1.12 |
| Coral Ridge Senior (55+) Apartments | Two Bedroom B | 2BR,1BA | $1.15 |
| Knollridge Garden Apartments | 2 Bedroom | 2BR,1BA | $1.16 |
| The Quarters Iowa City | A2 - 2x1 | 2BR,1BA | $0.90 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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.
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 $966.
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 $2,716.
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 321 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 $845 which is $1,871 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.

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!

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.

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.

























