
Cheap Apartments for Rent in the Downtown Iowa City Neighborhood of Iowa City, IA from $600 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Iowa City area of Iowa City.


924 Iowa Ave, Unit 2

IA City Lofts

308 N Linn St

1165 S Riverside Dr

Riverfront Crossings

Total Monthly Price
612 S Van Buren St, Unit 3, 5, 6, 9, 10, 11

Orchards & Woodlands

Riverview West
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Apartments at Iowa

Apartments at Iowa

Michael Street Apartments

932 E College St

Del Ray Ridge Apartments

633 Walnut St

532 S Dubuque St

Cross Park Avenue

625 E Burlington St
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906 E Burlington Street Iowa City IA

Violet Square

415 S Van Buren St

631 S Van Buren St

SoDo Flats

Hawkeye Park

530 N Dubuque St

Claremont Apartments

929 Iowa Ave
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The Altamont

Belmont Apartments

720 E Market St

521 Kirkwood Ave

2018 Waterfront Dr

Woodlands

614 E Jefferson St

Lucas Street 4-Plex

Breckenridge Apartments
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Downtown Iowa City, Iowa City, IA Local Guide

How much does it cost to rent an apartment in Downtown Iowa City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Iowa City Studio Apartments | $1,471 | $780 | $1,990 |
| Downtown Iowa City 1 Bedroom Apartments | $1,397 | $1,000 | $2,019 |
| Downtown Iowa City 2 Bedroom Apartments | $1,383 | $600 | $2,400 |
| Downtown Iowa City 3 Bedroom Apartments | $1,417 | $1,099 | $3,300 |
| Downtown Iowa City 4 Bedroom Apartments | $2,265 | $1,800 | $2,730 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Downtown Iowa City Neighborhood of Iowa City, IA.
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Downtown Iowa City, Iowa City, IA Local Guide
- Nearby Iowa City neighborhoods
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Cheapest Available Downtown Iowa City Apartments for Rent
 The cheapest available apartment rental in the Downtown Iowa City area of Iowa City, IA is a 1 Bed unit found at 308 N Linn St priced from $800. 1165 S Riverside Dr has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here are the most affordable Downtown Iowa City apartments for rent in Iowa City, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 308 N Linn St | Studio | 1BR,1BA | $800 |
| 1165 S Riverside Dr | Studio - Twin | Studio,1BA | $990 |
| Riverfront Crossings | Studio | Studio,1BA | $995 |
| IA City Lofts | First Floor Units | Studio,1BA | $1,300 |
| 712 E Market St | Market Street Apartments | 2BR,1BA | $1,300 |
| Whiteway Apartments | 0BR/1.0BA | Studio,1BA | $1,350 |
| 630 S Capitol | 2 bedroom 2 bath | 2BR,2BA | $1,365 |
| Manville Terrace | 2x1 | 2BR,1BA | $1,400 |
| Vogel House Apartments | 0BR/1.0BA | Studio,1BA | $1,450 |
Best Value Apartments for Rent in Downtown Iowa City, IA
As of July 15, 2026 the best value apartment in the Downtown 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 Downtown Iowa City apartment is the B3 - 2x2 Model at The Nest Iowa City starting at $1,360 with a $1.68 price per square foot in the Fair Meadows neighborhood. Here is today’s list of the best values for Downtown 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 Nest Iowa City | B3 - 2x2 | 2BR,2BA | $1.68 |
| 712 E Market St | Market Street Apartments | 2BR,1BA | $1.68 |
| The Chauncey | Studio, Two Bed — Standard | Studio ,1BA | $2.51 |
| Vogel House Apartments | 0BR/1.0BA | Studio ,1BA | $2.42 |
| IA City Lofts | First Floor Units | Studio ,1BA | $2.23 |
| Whiteway Apartments | 0BR/1.0BA | Studio ,1BA | $2.53 |
| Riverfront Crossings | Studio | Studio ,1BA | $1.99 |
| 612 S Van Buren St, Unit 3, 5, 6, 9, 10, 11 | 612 S Van Buren St | 1BR,1BA | $2.47 |
| 308 N Linn St | Studio | Studio ,1BA | $2.00 |
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.
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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.
Pet Friendly LifestyleDowntown Iowa City, Iowa City, IA
Ranked #16
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Iowa City Apartments
What is a cheap apartment in Downtown Iowa City?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Iowa City is under $1,450.
What is the price of a cheap apartment in Downtown Iowa City?
The cheapest apartment in Downtown Iowa City is 308 N Linn St which is listed at $800, while the average apartment in Downtown Iowa City costs $2,265.
What types of apartments are the cheapest in Downtown 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 33 regular apartments in Downtown 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 Downtown Iowa City?
Cheap apartments in Downtown Iowa City have an average cost of $914 which is $1,351 cheaper than the average rent for all rentals in Downtown Iowa City.
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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Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.