Cheap Homes for Rent in Downtown Iowa City Neighborhood of Iowa City, IA from $700 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Iowa City area of Iowa City.

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Downtown Iowa City, Iowa City, IA Local Guide

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 2 Beds unit found at Claremont Apartments priced from $985. Riverfront Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Downtown Iowa City apartments for rent in Iowa City, IA:

Apartment ListingModel NameBed/BathPriced From
Claremont Apartments2BR/1.0BA2BR,1BA$985
Riverfront CrossingsStudioStudio,1BA$995
The Quarters Iowa CityF2 - 1x11BR,1BA$1,050

Best Value Apartments for Rent in Downtown Iowa City, IA

As of May 20, 2025 the best value apartment in the Downtown Iowa City area is the $1.21 price per square foot 2BR/1.0BA Model at Orchards & Woodlands in the in the Cottage Hill neighborhood starting from $1,100. The second greatest value Downtown Iowa City apartment is the Two Bedroom Model at 1006 Oakcrest Street Apartments starting at $1,150 with a $1.28 price per square foot in the Cottage Hill neighborhood. Here is today’s list of the best values for Downtown Iowa City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.21
1006 Oakcrest Street ApartmentsTwo Bedroom2BR,1BA$1.28
613 S Dubuque St3 Bed3BR,2BA$1.81
Claremont Apartments2BR/1.0BA2BR,1BA$1.12
The Nest Iowa CityB3 - 2x22BR,2BA$1.59
316 MaddieTwo Bedroom, Two Bath2BR,2BA$2.75
ReplayA11BR,1BA$3.64
Riverfront CrossingsStudioStudio ,1BA$1.99
The Quarters Iowa CityF2 - 1x11BR,1BA$2.39
HiveA41BR,1BA$4.40

Quick Rent Budget Calculator

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Frequently Asked Questions about Downtown Iowa City

What type of rentals are currently available in Downtown Iowa City?

There are currently 127 Apartments for Rent in Downtown Iowa City, IA with pricing that ranges from $620 to $3,350. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Iowa City ranging from $700 to $3,500.

What is the current price range for Rental Homes in Downtown Iowa City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Iowa City ranges from $700 to $3,500 with an average monthly rent of $1,852.

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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.