614 E Jefferson St
Iowa CityIA52245
Cheap Homes for Rent in the Peninsula Neighborhood Neighborhood of Iowa City, IA from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Peninsula Neighborhood area of Iowa City.
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$1,5003 Bedroom Apartments Available Aug 1
365 Ellis Ave, Unit 3
365 Ellis AveIowa City, IA 52246
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$1,5003 Bedroom Apartments Available Aug 1
365 Ellis Ave, Unit #9
365 Ellis AveIowa City, IA 52246
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.
365 Ellis Ave
Iowa CityIA52246
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$1,5003 Bedroom Apartments Available Aug 1
365 Ellis Ave, Unit 4
365 Ellis AveIowa City, IA 52246
310 N Gilbert St
Iowa CityIA52245
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 | $1,350 | $1,200 | $1,500 |
| Peninsula Neighborhood 3 Bedroom Homes for Rent | $2,183 | $1,500 | $2,800 |
| Peninsula Neighborhood 4 Bedroom Homes for Rent | $2,625 | $2,625 | $2,625 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Peninsula Neighborhood Neighborhood of Iowa City, IA.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood Hills Apartments | Studio | Studio,1BA | $695 |
| 308 N Linn St | Studio | 1BR,1BA | $800 |
| 1032 Newton Rd | 2 | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Peninsula Neighborhood, IA
As of July 15, 2026 the best value apartment in the Peninsula Neighborhood area is the $1.44 price per square foot G Model at The Hawthorne in the in the The Pond's Edge neighborhood starting from $1,800. The second greatest value Peninsula Neighborhood apartment is the 2 Model at 1032 Newton Rd starting at $1,400 with a $2.03 price per square foot in the Cottage Hill 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 Hawthorne | G | 3BR,2BA | $1.44 |
| 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 50 Apartments for Rent in Peninsula Neighborhood, IA with pricing that ranges from $695 to $2,000. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peninsula Neighborhood ranging from $1,200 to $2,800.
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 $1,200 to $2,800 with an average monthly rent of $2,052.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.