Cheap Homes for Rent in Iowa City, IA from $600 (32 Rentals)

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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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-32, Page 1 of 1

Iowa City, IA Local Guide

Cheapest Neighborhoods for Apartments in Iowa City, IA

Pricing Updated: 12/30/2025

Current apartment rentals in the Iowa City, IA area range in price from $690 to $3,300 with an overall median price of $1,829. The three Iowa City neighborhoods with the lowest median rent pricing are Oak Woods at $690, Court Hill at $690, and Weber at $699. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Iowa City Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Oak Woods$1,200$69029
Court Hill$1,230$69031
Weber$1,750$69952
County Center$1,800$77057
Hoover$1,800$69067
Horn$1,800$8307
Lucas$1,800$69071
Northside$1,800$8759
Peninsula Neighborhood$1,800$69536
Pepperwood$1,800$69075

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. Aspire at West Campus in the Coralview Heights neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $812. Here is today’s list of the most affordable Iowa City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood Hills ApartmentsStudioStudio,1BA$695
Aspire at West Campus2x2 Herky - Unfurnished2BR,2BA$812
Forest Ridge1 Bed/1 Bath1BR,1BA$830
Regency Heights (55+ Community)One Bedroom1BR,1BA$875
Sycamore ApartmentsOne Bedroom Units1BR,1BA$895
Knollridge Garden Apartments2 Bedroom2BR,1BA$925
Nex Senior (55+) ApartmentsTwo Bedroom2BR,1BA$948
Coral North ApartmentsTwo Bedroom2BR,1BA$966
Claremont Apartments2BR/1.0BA2BR,1BA$990
808 on 5thStudioStudio,1BA$995

Best Value Apartments for Rent in Iowa City, IA

As of December 30, 2025 the best value apartment in the Iowa City area is the $1.29 price per square foot 628 N Linn St Model at 628 N Linn St, Unit #1 in the in the Saddlebrook neighborhood starting from $1,800. The second greatest value Iowa City apartment is the G Model at The Hawthorne starting at $1,700 with a $1.36 price per square foot in the The Pond's Edge neighborhood. Here is today’s list of the best values for Iowa City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
628 N Linn St, Unit #1628 N Linn St4BR,1BA$1.29
The HawthorneG3BR,2BA$1.36
Mane Gate ApartmentsRemodeled 3 Bed / 2 Bath with W/D3BR,2BA$1.32
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.20
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.22
Nex Senior (55+) ApartmentsTwo Bedroom2BR,1BA$1.06
Claremont Apartments2BR/1.0BA2BR,1BA$1.13
1000 Melrose Ave, Unit #1 or #2 Melrose1000 Melrose Ave1BR,1BA$1.24
Knollridge Garden Apartments2 Bedroom2BR,1BA$1.16
The Quarters Iowa CityA2 - 2x12BR,1BA$0.93

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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Iowa City, IA
Population: 76,290

Ranked #460

in US Census Population by City

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Best Local Schools in
Iowa City, IA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Iowa City, IA Rentals by Map

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See the most popular apartments and homes in Iowa City, IA

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Frequently Asked Questions about Iowa City

What type of rentals are currently available in Iowa City?

There are currently 271 Apartments for Rent in Iowa City, IA with pricing that ranges from $690 to $3,300. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Iowa City ranging from $625 to $5,000.

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 $5,000 with an average monthly rent of $2,078.

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 $1,175 to $3,250. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $699.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!