921 E Burlington St
Iowa CityIA52240
Cheap Homes for Rent in Downtown Iowa City Neighborhood of Iowa City, IA from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Iowa City area of Iowa City.
530 E Washington St
Iowa CityIA52240
532 S Dubuque St
Iowa CityIA52240
518 N Van Buren St
Iowa CityIA52245
633 Walnut St
Iowa CityIA52240
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
118 S Dubuque St
Iowa CityIA52240
415 S Van Buren St
Iowa CityIA52240
109 S Johnson St
Iowa CityIA52240
521 Kirkwood Ave
Iowa CityIA52240
614 E Jefferson St
Iowa CityIA52245
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.
Showing Results 1-10, Page 1 of 1
Downtown Iowa City, Iowa City, IA Local Guide
How much does it cost to rent a home in Downtown Iowa City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Iowa City 2 Bedroom Homes for Rent | $1,915 | $1,195 | $3,900 |
| Downtown Iowa City 3 Bedroom Homes for Rent | $1,833 | $1,550 | $2,250 |
| Downtown Iowa City 4 Bedroom Homes for Rent | $2,715 | $2,450 | $3,000 |
| Downtown Iowa City 5 Bedroom Homes for Rent | $2,437 | $2,375 | $2,500 |
| Downtown Iowa City 7 Bedroom Homes for Rent | $625 | $625 | $625 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 10 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
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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 |
Best Value Apartments for Rent in Downtown Iowa City, IA
As of June 06, 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 2BR/1.0BA Model at Claremont Apartments starting at $1,025 with a $1.16 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 |
| Claremont Apartments | 2BR/1.0BA | 2BR,1BA | $1.16 |
| Belmont Apartments | 2BR/1.0BA | 2BR,1BA | $1.30 |
| The Nest Iowa City | B3 - 2x2 | 2BR,2BA | $1.68 |
| 712 E Market St | Market Street Apartments | 2BR,1BA | $1.68 |
| Whiteway Apartments | 0BR/1.0BA | Studio ,1BA | $2.07 |
| IA City Lofts | First Floor Units | Studio ,1BA | $2.23 |
| 109 S Johnson St, Unit Furnished Sunny South | 109 S Johnson St | 1BR,1BA | $2.10 |
| Riverfront Crossings | Studio | Studio ,1BA | $1.99 |
| 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 Article
Real 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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Pet Friendly LifestyleDowntown Iowa City, Iowa City, IA
Ranked #18
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Downtown Iowa City
What type of rentals are currently available in Downtown Iowa City?
There are currently 120 Apartments for Rent in Downtown Iowa City, IA with pricing that ranges from $734 to $3,300. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Iowa City ranging from $495 to $4,000.
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 $495 to $4,000 with an average monthly rent of $1,901.
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 $1,139 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,250. Four Bedroom Single-Family rentals are also available starting from $2,450 and Four Bedroom Apartments start at $1,800.
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
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.