
Cheap Homes for Rent in Iowa City, IA from $600 (29 Rentals)
Search the lowest-cost Homes available for rent right now in Iowa City.


412 6th Ave, Unit 8

633 Walnut St

532 S Dubuque St

912 2nd Ave

415 S Van Buren St

504 2nd Ave
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.

2434 Lakeside Dr

321 Finkbine Ln, Unit 6

1632 5th St

2432 Petsel Pl

471 S Scott Blvd

477 S Scott Blvd

20 N Dodge St, Unit #1
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.

464 Peterson St

2262 Holiday Rd

734 Westwinds Dr

719 Westwinds Dr

728 Westwinds Dr

2620 Westwinds Dr

521 Kirkwood Ave
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.

100 Grandview Ct

614 E Jefferson St

2018 Waterfront Dr

1816 High St

109 S Johnson St

2865 Spring Rose Cir

300 Grandview Ct
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.

888 Boston Way
Iowa City, IA Local Guide

How much does it cost to rent a home in Iowa City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Iowa City 2 Bedroom Homes for Rent | $1,380 | $850 | $3,900 |
| Iowa City 3 Bedroom Homes for Rent | $1,961 | $1,250 | $2,800 |
| Iowa City 4 Bedroom Homes for Rent | $2,795 | $2,000 | $3,300 |
| Iowa City 5 Bedroom Homes for Rent | $2,437 | $2,375 | $2,500 |
| Iowa City 7 Bedroom Homes for Rent | $625 | $625 | $625 |
Browse Top Homes for Rent in Iowa City
Explore Iowa City
Iowa City, IA Local Guide
- Iowa City Neighborhoods
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Cheapest Neighborhoods for Apartments in Iowa City, IA
Pricing Updated: 07/05/2026Current apartment rentals in the Iowa City, IA area range in price from $625 to $4,000 with an overall median price of $3,594. The three Iowa City neighborhoods with the lowest median rent pricing are Peninsula Neighborhood at $1,200, Roosevelt at $1,145, and Ruppert Hills at $1,145. 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 |
|---|---|---|---|
| Peninsula Neighborhood | $2,625 | $1,200 | 2 |
| Roosevelt | $2,800 | $1,145 | 8 |
| Ruppert Hills | $2,900 | $1,145 | 6 |
| Cottage Hill | $2,950 | $1,145 | 5 |
| Horn | $2,950 | $1,050 | 4 |
| Terrace Hill | $2,950 | $1,145 | 5 |
| Weber | $2,950 | $850 | 3 |
| Westgate | $2,950 | $1,050 | 3 |
| County Center | $4,000 | $625 | 10 |
| Court Hill | $4,000 | $625 | 10 |
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. 308 N Linn St in the Fair Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. 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 |
| 308 N Linn St | Studio | 1BR,1BA | $800 |
| Aspire at West Campus | 2x2 Herky - Unfurnished | 2BR,2BA | $812 |
| Forest Ridge | 1 Bed/1 Bath | 1BR,1BA | $850 |
| Seville | 1 BR - Sublet | 1BR,1BA | $905 |
| 1165 S Riverside Dr | Studio - Twin | Studio,1BA | $990 |
| Riverfront Crossings | Studio | Studio,1BA | $995 |
| 808 on 5th | Studio | Studio,1BA | $995 |
| Belmont Apartments | 2BR/1.0BA | 2BR,1BA | $1,095 |
Best Value Apartments for Rent in Iowa City, IA
As of July 05, 2026 the best value apartment in the Iowa City area is the $1.44 price per square foot G Model at The Hawthorne in the in the The Pond's Edge neighborhood starting from $1,800. The second greatest value Iowa City apartment is the C1 - 3x3 Model at The Quarters Iowa City starting at $695 with a $0.59 price per square foot in the Fair Meadows 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. |
|---|---|---|---|
| The Hawthorne | G | 3BR,2BA | $1.44 |
| The Quarters Iowa City | C1 - 3x3 | 3BR,3BA | $0.59 |
| 926 Harlocke St (IC) | 2 BR/1 BA | 2BR,1BA | $1.25 |
| Sycamore Apartments | Two Bedroom with W/D | 2BR,1BA | $1.37 |
| Belmont Apartments | 2BR/1.0BA | 2BR,1BA | $1.30 |
| The Nest Iowa City | B3 - 2x2 | 2BR,2BA | $1.68 |
| Nex Senior (55+) Apartments | Two Bedroom | 2BR,1BA | $1.70 |
| 712 E Market St | Market Street Apartments | 2BR,1BA | $1.68 |
| Forest Ridge | 2 Bed/2 Bath | 2BR,2BA | $1.60 |
| Seville | 1 BR - Sublet | 1BR,1BA | $1.34 |
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.
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.
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
Frequently Asked Questions about Iowa City
What type of rentals are currently available in Iowa City?
There are currently 267 Apartments for Rent in Iowa City, IA with pricing that ranges from $695 to $3,300. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Iowa City ranging from $625 to $4,000.
What is the current price range for Rental Homes in Iowa City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Iowa City ranges from $625 to $4,000 with an average monthly rent of $2,072.
How much are larger Three and Four Bedroom Rentals in Iowa City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Iowa City range from $695 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,000 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.