633 Walnut St
Iowa CityIA52240
Cheap Homes for Rent in Iowa City, IA from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Iowa City.
1102 21st Ave Pl
CoralvilleIA52241
502 Grandview Ct
Iowa CityIA52246
912 Benton Dr, Unit 912 Benton dr
912 Benton Dr
Iowa CityIA52246
2432 Petsel Pl
Iowa CityIA52246
1632 5th St
CoralvilleIA52241
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2825 Triple Crown Ln
Iowa CityIA52240
2018 Waterfront Dr
Iowa CityIA52240
614 E Jefferson St
Iowa CityIA52245
308 N Clinton St, Unit # 5
308 N Clinton St
Iowa CityIA52245
2006 10th St
CoralvilleIA52241
876 Boston Way, Unit 1
876 Boston Way
CoralvilleIA52241
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 | $1,405 | $1,025 | $2,300 |
| Iowa City 3 Bedroom Homes for Rent | $1,852 | $1,245 | $2,450 |
| Iowa City 4 Bedroom Homes for Rent | $2,699 | $1,400 | $3,300 |
| Iowa City 5 Bedroom Homes for Rent | $2,587 | $2,375 | $2,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Iowa City, IA Local Guide
- Iowa City Neighborhoods
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Cheapest Neighborhoods for Apartments in Iowa City, IA
Pricing Updated: 08/19/2026Current apartment rentals in the Iowa City, IA area range in price from $850 to $3,300 with an overall median price of $1,613. The three Iowa City neighborhoods with the lowest median rent pricing are Terrace Hill at $1,372, County Center at $1,375, and Downtown Iowa City at $1,375. 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 |
|---|---|---|---|
| Terrace Hill | $1,372 | $1,025 | 5 |
| County Center | $1,375 | $850 | 9 |
| Downtown Iowa City | $1,375 | $850 | 9 |
| Northside | $1,400 | $1,200 | 7 |
| Peninsula Neighborhood | $1,400 | $1,200 | 3 |
| Saddlebrook | $1,400 | $850 | 13 |
| Fair Meadows | $1,475 | $850 | 12 |
| Towncrest | $1,475 | $850 | 12 |
| Cottage Hill | $1,500 | $1,025 | 4 |
| Hoover | $1,550 | $850 | 13 |
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 | $836 |
| 808 on 5th | Studio | Studio,1BA | $995 |
| 840 Maggard Street | 2BR/1.0BA | 2BR,1BA | $995 |
Best Value Apartments for Rent in Iowa City, IA
As of August 19, 2026 the best value apartment in the Iowa City area is the $0.97 price per square foot 514 S Johnson St Model at 514 S Johnson St, Unit 4 Bedroom in the in the Fair Meadows neighborhood starting from $1,450. The second greatest value Iowa City apartment is the 3 Bedroom Model at Riverview West starting at $2,170 with a $1.48 price per square foot in the Cottage Hill 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. |
|---|---|---|---|
| 514 S Johnson St, Unit 4 Bedroom | 514 S Johnson St | 4BR,2BA | $0.97 |
| Riverview West | 3 Bedroom | 3BR,2BA | $1.48 |
| Hawks Ridge | 4 Bedroom-2 Bathroom | 4BR,2BA | $0.47 |
| The Hawthorne | G | 3BR,2BA | $1.44 |
| The Quarters Iowa City | D - 2x2 | 2BR,2BA | $0.69 |
| 512 E Burlington St, Unit 1 | 512 E Burlington St | 2BR,2BA | $1.50 |
| 712 E Market St | Market Street Apartments | 2BR,1BA | $1.68 |
| The Nest Iowa City | B2 - 2x2 | 2BR,2BA | $1.70 |
| 840 Maggard Street | 2BR/1.0BA | 2BR,1BA | $1.52 |
| Pheasant Ridge | One Bedroom | 1BR,1BA | $1.70 |
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.
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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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Best Local Schools in Iowa City, IA
Lincoln Elementary School
Iowa City Community School District
Public School - Grades K-5 (223)
8 out of 10
Iowa City High School
Iowa City Community School District
Public School - Grades 9-12 (1649)
7 out of 10
Southeast Junior High School
Iowa City Community School District
Public School - Grades 6-8 (812)
5 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Iowa City
What type of rentals are currently available in Iowa City?
There are currently 270 Apartments for Rent in Iowa City, IA with pricing that ranges from $660 to $3,300. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Iowa City ranging from $850 to $3,300.
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 $850 to $3,300 with an average monthly rent of $1,775.
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 $725 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,245 to $2,450. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,450.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.