Cheap Homes for Rent in Downtown Iowa City Neighborhood of Iowa City, IA from $1,200 (8 Rentals)

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

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 1 Bed unit found at 308 N Linn St priced from $800. Claremont Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $990. Here are the most affordable Downtown Iowa City apartments for rent in Iowa City, IA:

Apartment ListingModel NameBed/BathPriced From
308 N Linn StStudio1BR,1BA$800
Claremont Apartments2BR/1.0BA2BR,1BA$990
Riverfront CrossingsStudioStudio,1BA$995

Best Value Apartments for Rent in Downtown Iowa City, IA

As of September 14, 2025 the best value apartment in the Downtown Iowa City area is the $1.68 price per square foot 302 Melrose Ct Model at 302 Melrose Ct, Unit 1 in the in the Cottage Hill neighborhood starting from $3,200. The second greatest value Downtown Iowa City apartment is the 4 bedroom 4 bath Model at 630 S Capitol starting at $1,365 with a $0.88 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.
302 Melrose Ct, Unit 1302 Melrose Ct4BR,2BA$1.68
630 S Capitol4 bedroom 4 bath4BR,4BA$0.88
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.17
Claremont Apartments2BR/1.0BA2BR,1BA$1.13
251 N Linn St1x11BR,1BA$2.41
837 1/2 Maggard St, Unit Maggard837 1/2 Maggard StStudio ,1BA$0.98
IA City LoftsLarge Studio With BalconyStudio ,1BA$2.17
Riverfront CrossingsStudioStudio ,1BA$1.99
908 E Washington St, Unit 1908 E Washington St1BR,1BA$1.60
308 N Linn StStudioStudio ,1BA$2.00

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Pet Friendly Lifestyle
Downtown Iowa City, Iowa City, IA

Ranked #15

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 118 Apartments for Rent in Downtown Iowa City, IA with pricing that ranges from $695 to $3,350. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Iowa City ranging from $1,295 to $6,000.

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 $1,295 to $6,000 with an average monthly rent of $3,211.

How much are larger Three and Four Bedroom Rentals in Downtown Iowa City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Iowa City range from $1,700 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,800.

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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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.

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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.