Cheap Homes for Rent in Peninsula Neighborhood Neighborhood of Iowa City, IA from $600 (9 Rentals)

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

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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
Woodridge Estates205.5 6th Street #81BR,1BA$1,120

Best Value Apartments for Rent in Peninsula Neighborhood, IA

As of January 14, 2026 the best value apartment in the Peninsula Neighborhood area is the $1.42 price per square foot The Willow, Lot 158 - 1658... Model at The Willow, Lot 158 in the in the Coralview Heights neighborhood starting from $2,150. The second greatest value Peninsula Neighborhood apartment is the 628 N Linn St Model at 628 N Linn St, Unit #1 starting at $1,800 with a $1.29 price per square foot in the Saddlebrook 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 - 1658...3BR,2BA$1.42
628 N Linn St, Unit #1628 N Linn St4BR,1BA$1.29
The HawthorneG3BR,2BA$1.36
Newton Pointe Apartments3 bed 1 bath3BR,1BA$1.43
251 N Linn St1x11BR,1BA$2.41
1032 Newton Rd21BR,1BA$2.03
The Banks Student LivingSx1 AStudio ,1BA$3.11
Woodridge Estates203.5 6th Street #81BR,1BA$2.81
308 N Linn StStudioStudio ,1BA$2.00
Lakewood Hills ApartmentsStudio GoldStudio ,1BA$2.45

Frequently Asked Questions about Peninsula Neighborhood

What type of rentals are currently available in Peninsula Neighborhood?

There are currently 51 Apartments for Rent in Peninsula Neighborhood, IA with pricing that ranges from $695 to $2,796. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peninsula Neighborhood ranging from $640 to $3,750.

What is the current price range for Rental Homes in Peninsula Neighborhood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Peninsula Neighborhood ranges from $640 to $3,750 with an average monthly rent of $2,011.

How much are larger Three and Four Bedroom Rentals in Peninsula Neighborhood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Peninsula Neighborhood range from $799 to $2,430, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $2,400. Four Bedroom Single-Family rentals are also available starting from $2,695 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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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!