Cheap Apartments for Rent in the Peninsula Neighborhood Neighborhood of Iowa City, IA from $600 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Peninsula Neighborhood area of Iowa City.

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Parish Apartments
Studio Apartments

Parish Apartments

108 McLean StIowa City, IA 52246
  • Utilities Included
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5 Woolf Ave
2 Bedroom Apartments

5 Woolf Ave

5 Woolf AveIowa City, IA 52246
  • Utilities Included

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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.

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530 N Dubuque St
2 Bedroom Apartments

530 N Dubuque St

530 N Dubuque StIowa City, IA 52245
  • Utilities Included
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804 N Dubuque St
Studio to 3 Bedroom Apartments

804 N Dubuque St

804 N Dubuque StIowa City, IA 52245
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1050 Newton Rd
2 Bedroom Apartments

1050 Newton Rd

1050 Newton RdIowa City, IA 52246
Student Housing
  • Utilities Included

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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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Riverview Square
2 to 3 Bedroom Apartments

Riverview Square

400 1st AveCoralville, IA 52241
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Old Town I &  II
Studio to 3 Bedroom Apartments

Old Town I & II

345 Clark DrCoralville, IA 52241

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Cheapest Available Peninsula Neighborhood Apartments for Rent

 

The cheapest available apartment rental in the Peninsula Neighborhood area of Iowa City, IA is a Studio unit found at Lakewood Hills Apartments priced from $695. 308 N Linn St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Peninsula Neighborhood apartments for rent in Iowa City, IA:

Apartment ListingModel NameBed/BathPriced From
Lakewood Hills ApartmentsStudioStudio,1BA$695
308 N Linn StStudio1BR,1BA$800
Scotsdale2 BR Sublet Middle Floor2BR,1BA$1,015
Altamont Apartments2BR/1.0BA2BR,1BA$1,050
Parkview LoftsParkview 2 - A1Studio,1BA$1,330

Best Value Apartments for Rent in Peninsula Neighborhood, IA

As of May 01, 2026 the best value apartment in the Peninsula Neighborhood area is the $1.32 price per square foot The Willow, Lot 158 - 1648... Model at The Willow, Lot 158 in the in the Coralview Heights neighborhood starting from $2,000. The second greatest value Peninsula Neighborhood 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 Peninsula Neighborhood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Willow, Lot 158The Willow, Lot 158 - 1648...3BR,2BA$1.32
The HawthorneG3BR,2BA$1.36
Woodridge Estates26 Redtail 2/1 + den2BR,1BA$1.46
Newton Pointe Apartments3 bed 1 bath3BR,1BA$1.30
Altamont Apartments2BR/1.0BA2BR,1BA$1.11
Scotsdale2 BR Sublet Middle Floor2BR,1.5BA$1.17
The Banks Student Living2x2 A2BR,2BA$1.04
The Forum At LincolnFurnished 2 bed 2 bath2BR,2BA$2.15
1032 Newton Rd21BR,1BA$2.03
308 N Linn StStudioStudio ,1BA$2.00

Frequently Asked Questions about Cheap Peninsula Neighborhood Apartments

What is the Cheapest Studio apartment in Peninsula Neighborhood?

Currently the most affordable Cheap Studio Apartment in Peninsula Neighborhood is at Lakewood Hills Apartments listed at $695.

How much is rent for a Cheap One Bedroom Peninsula Neighborhood Apartment?

The lowest price for a Cheap One Bedroom Peninsula Neighborhood Apartment is $800 at 308 N Linn St.

What is the lowest price for a Cheap Two Bedroom Peninsula Neighborhood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peninsula Neighborhood is starting from $890 at Lakewood Hills Apartments.

What is the most affordable Peninsula Neighborhood Three Bedroom Apartment?

The best deal on a cheap Peninsula Neighborhood Three Bedroom Apartment rental is at Newton Pointe Apartments and starts from $1,425.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.