Cheap Homes for Rent in Iowa City, IA from $800 (49 Rentals)

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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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property at 100 Grandview Ct

100 Grandview Ct

Iowa CityIA52246
property at 1755 5th St

1755 5th St

CoralvilleIA52241

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 300 Grandview Ct

300 Grandview Ct

Iowa CityIA52246
Showing Results 1-49, Page 1 of 1

Iowa City, IA Local Guide

Cheapest Neighborhoods for Apartments in Iowa City, IA

Pricing Updated: 06/05/2025

Current apartment rentals in the Iowa City, IA area range in price from $620 to $3,350 with an overall median price of $1,527. The three Iowa City neighborhoods with the lowest median rent pricing are Court Hill at $620, Oak Woods at $620, and Lucas at $620. 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
Court Hill$1,175$62040
Oak Woods$1,175$62040
Lucas$1,227$62063
Towncrest$1,227$62063
Scott Boulevard East$1,230$62065
Cottage Hill$1,264$72928
Horn$1,264$72914
Saddlebrook$1,264$62075
Westgate$1,264$72913
Hoover$1,275$62063

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 ApartmentsStudio GoldStudio,1BA$695
Aspire at West Campus2x2 Herky - Unfurnished2BR,2BA$812
Knollridge Garden Apartments2BR/1.0BA2BR,1BA$875
River Ridge PlaceStudio/1BA 407 sq ftStudio,1BA$920
Regency Heights (55+ Community)One Bedroom1BR,1BA$935
Claremont Apartments2BR/1.0BA2BR,1BA$985
1165 S Riverside DrStudio - TwinStudio,1BA$990
Riverfront CrossingsStudioStudio,1BA$995
The Quarters Iowa CityF2 - 1x11BR,1BA$1,050

Best Value Apartments for Rent in Iowa City, IA

As of June 05, 2025 the best value apartment in the Iowa City area is the $1.42 price per square foot B Model at The Hawthorne in the in the Lantern Park neighborhood starting from $1,700. The second greatest value Iowa City apartment is the 2BR/1.0BA Model at Orchards & Woodlands starting at $1,100 with a $1.21 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The HawthorneB2BR,2BA$1.42
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.21
1453-1458 Eastview Dr1453 Eastview2BR,1.5BA$1.21
Westgate Villa2 Bdrm Lg2BR,1.5BA$1.18
1006 Oakcrest Street ApartmentsTwo Bedroom2BR,1BA$1.28
Claremont Apartments2BR/1.0BA2BR,1BA$1.12
The Nest Iowa CityB3 - 2x22BR,2BA$1.59
Knollridge Garden Apartments2 Bedroom2BR,1BA$1.09
419 10th Ave, Unit 2419 10th Ave2BR,1BA$1.41
Regency Heights (55+ Community)One Bedroom1BR,1BA$1.53

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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Frequently Asked Questions about Iowa City

What type of rentals are currently available in Iowa City?

There are currently 258 Apartments for Rent in Iowa City, IA with pricing that ranges from $620 to $3,350. There are also 110 Single Family Homes for rent, Condos, and Townhome rentals currently available in Iowa City ranging from $875 to $3,994.

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 $875 to $3,994 with an average monthly rent of $1,900.

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 $650 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,210 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $719.

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.