504 2nd Ave
CoralvilleIA52241
Cheap Homes for Rent in Peninsula Neighborhood Neighborhood of Iowa City, IA from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Peninsula Neighborhood area of Iowa City.
205 5th St
CoralvilleIA52241
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.
614 E Jefferson St
Iowa CityIA52245
205 5th St, Unit 7
205 5th St
CoralvilleIA52241
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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Peninsula Neighborhood, Iowa City, IA Local Guide
How much does it cost to rent a home in Peninsula Neighborhood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peninsula Neighborhood 2 Bedroom Homes for Rent | $1,248 | $1,095 | $1,500 |
| Peninsula Neighborhood 3 Bedroom Homes for Rent | $1,875 | $1,500 | $2,250 |
| Peninsula Neighborhood 4 Bedroom Homes for Rent | $2,625 | $2,625 | $2,625 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Peninsula Neighborhood Neighborhood of Iowa City, IA.
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Best Value Apartments for Rent in Peninsula Neighborhood, IA
As of May 31, 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 $1,800 with a $1.44 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 | $1.44 |
| Newton Pointe Apartments | 3 bed 1 bath | 3BR,1BA | $1.30 |
| The Forum At Lincoln | 3 bed / 2 bath | 3BR,2BA | $1.63 |
| Parkview Lofts | Parkview 3 - B (Furnished) | 1BR,1BA | $2.72 |
| 1032 Newton Rd | 2 | 1BR,1BA | $2.03 |
| 308 N Linn St | Studio | Studio ,1BA | $2.00 |
| Lakewood Hills Apartments | Studio Gold | Studio ,1BA | $2.45 |
Frequently Asked Questions about Peninsula Neighborhood
What type of rentals are currently available in Peninsula Neighborhood?
There are currently 49 Apartments for Rent in Peninsula Neighborhood, IA with pricing that ranges from $695 to $2,900. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peninsula Neighborhood ranging from $995 to $2,625.
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 $995 to $2,625 with an average monthly rent of $1,685.
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 $850 to $2,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,250. Four Bedroom Single-Family rentals are also available starting from $2,625 and Four Bedroom Apartments start at $725.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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.
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.