
Cheap Apartments for Rent in the Peninsula Neighborhood Neighborhood of Iowa City, IA from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peninsula Neighborhood area of Iowa City.


330 Ridgeland Avenue

340 Ellis Ave, Unit 12

Parish Apartments

210 E Davenport St

5 Woolf Ave
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530 N Dubuque St

804 N Dubuque St

Altamont Apartments

1050 Newton Rd

614 E Jefferson St

Lakewood Hills Apartments
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Scotsdale

River Ridge Place

Riverview Square

504 2nd Ave

205 5th St

Old Town I & II
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Riverview on First
Peninsula Neighborhood, Iowa City, IA Local Guide

How much does it cost to rent an apartment in Peninsula Neighborhood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peninsula Neighborhood Studio Apartments | $1,046 | $695 | $1,350 |
| Peninsula Neighborhood 1 Bedroom Apartments | $1,301 | $800 | $2,000 |
| Peninsula Neighborhood 2 Bedroom Apartments | $1,387 | $850 | $1,920 |
| Peninsula Neighborhood 3 Bedroom Apartments | $1,424 | $799 | $2,100 |
| Peninsula Neighborhood 4 Bedroom Apartments | $737 | $699 | $775 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Peninsula Neighborhood Neighborhood of Iowa City, IA.
See all Apartments in Iowa CityExplore Iowa City
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood Hills Apartments | Studio | Studio,1BA | $695 |
| 308 N Linn St | Studio | 1BR,1BA | $800 |
| Scotsdale | 2 BR Sublet Middle Floor | 2BR,1BA | $1,015 |
| Altamont Apartments | 2BR/1.0BA | 2BR,1BA | $1,050 |
| Parkview Lofts | Parkview 2 - A1 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Willow, Lot 158 | The Willow, Lot 158 - 1648... | 3BR,2BA | $1.32 |
| The Hawthorne | G | 3BR,2BA | $1.36 |
| Woodridge Estates | 26 Redtail 2/1 + den | 2BR,1BA | $1.46 |
| Newton Pointe Apartments | 3 bed 1 bath | 3BR,1BA | $1.30 |
| Altamont Apartments | 2BR/1.0BA | 2BR,1BA | $1.11 |
| Scotsdale | 2 BR Sublet Middle Floor | 2BR,1.5BA | $1.17 |
| The Banks Student Living | 2x2 A | 2BR,2BA | $1.04 |
| The Forum At Lincoln | Furnished 2 bed 2 bath | 2BR,2BA | $2.15 |
| 1032 Newton Rd | 2 | 1BR,1BA | $2.03 |
| 308 N Linn St | Studio | Studio ,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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Written by: Lauren Harrington
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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.

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.

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.