
Cheap Apartments for Rent in the Pepperwood Neighborhood of Iowa City, IA from $600 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pepperwood area of Iowa City.


Forest Ridge

Sycamore Apartments

Seville

Riverfront Crossings

Mane Gate Apartments

912 Benton Dr, Unit 912 Benton dr

Orchards & Woodlands

Riverview West

Total Monthly Price
512 E Burlington St, Unit 1
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

308 N Clinton St, Unit # 5

926 Harlocke St (IC)

712 E Market St

IA City Lofts

518 W Benton St

5 Lincoln Ave

The Forum At Lincoln

Whiteway Apartments

1032 Newton Rd

710 Kirkwood Ave, Unit 710
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Manville Terrace

Apartments at Iowa

Apartments at Iowa

Michael Street Apartments

1100 Oakcrest Apartments

Carriage Hill

Sycamore Coop

Del Ray Ridge Apartments

633 Walnut St

Oakcrest
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Cross Park Avenue

625 E Burlington St

906 E Burlington Street Iowa City IA

Violet Square

5 Woolf Ave

Town Square Apartments

1165 S Riverside Dr

631 S Van Buren St

SoDo Flats

840 Maggard Street
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.

Hawkeye Park

Claremont Apartments

502 Grandview Ct

929 Iowa Ave

The Altamont

1006 Oakcrest Street Apartments

1050 Newton Rd

The Overlook

Belmont Apartments

720 E Market St
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.
Pepperwood, Iowa City, IA Local Guide

How much does it cost to rent an apartment in Pepperwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pepperwood Studio Apartments | $1,255 | $960 | $1,550 |
| Pepperwood 1 Bedroom Apartments | $1,243 | $830 | $1,650 |
| Pepperwood 2 Bedroom Apartments | $1,375 | $855 | $2,720 |
| Pepperwood 3 Bedroom Apartments | $1,369 | $725 | $3,300 |
| Pepperwood 4 Bedroom Apartments | $1,683 | $1,450 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 65 rentals with your search options within a 2 mile radius of the Pepperwood Neighborhood of Iowa City, IA.
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Pepperwood, Iowa City, IA Local Guide
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Cheapest Available Pepperwood Apartments for Rent
 The cheapest available apartment rental in the Pepperwood area of Iowa City, IA is a 1 Bed unit found at 308 N Linn St priced from $800. 840 Maggard Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Pepperwood apartments for rent in Iowa City, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 308 N Linn St | Studio | 1BR,1BA | $800 |
| 840 Maggard Street | 2BR/1.0BA | 2BR,1BA | $995 |
| Riverfront Crossings | Studio | Studio,1BA | $995 |
| Riverview West | Studio | Studio,1BA | $1,150 |
| 712 E Market St | Market Street Apartments | 2BR,1BA | $1,300 |
| The Forum At Lincoln | 2 Bed / 2 Bath - Half Renovated | 2BR,2BA | $1,350 |
| Manville Terrace | 2x1 | 2BR,1BA | $1,400 |
| 1032 Newton Rd | 2 | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Pepperwood, IA
As of August 18, 2026 the best value apartment in the Pepperwood area is the $0.97 price per square foot 514 S Johnson St Model at 514 S Johnson St, Unit 4 Bedroom in the in the Fair Meadows neighborhood starting from $1,450. The second greatest value Pepperwood apartment is the 3 Bedroom Model at Riverview West starting at $2,170 with a $1.48 price per square foot in the Cottage Hill neighborhood. Here is today’s list of the best values for Pepperwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 514 S Johnson St, Unit 4 Bedroom | 514 S Johnson St | 4BR,2BA | $0.97 |
| Riverview West | 3 Bedroom | 3BR,2BA | $1.48 |
| Hawks Ridge | 4 Bedroom-2 Bathroom | 4BR,2BA | $0.47 |
| The Quarters Iowa City | D - 2x2 | 2BR,2BA | $0.69 |
| 512 E Burlington St, Unit 1 | 512 E Burlington St | 2BR,2BA | $1.50 |
| 712 E Market St | Market Street Apartments | 2BR,1BA | $1.68 |
| The Nest Iowa City | B2 - 2x2 | 2BR,2BA | $1.70 |
| Replay | B3 | 2BR,2BA | $1.73 |
| The Forum At Lincoln | 2 Bed / 2 Bath - Half Renovated | 2BR,2BA | $1.88 |
| 840 Maggard Street | 2BR/1.0BA | 2BR,1BA | $1.52 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Pepperwood, Iowa City, IA
Mark Twain Elementary School
Iowa City High School
Southeast Junior High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Pepperwood Apartments
What is a cheap apartment in Pepperwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pepperwood is under $1,400.
What is the price of a cheap apartment in Pepperwood?
The cheapest apartment in Pepperwood is 308 N Linn St which is listed at $800, while the average apartment in Pepperwood costs $1,295.
What types of apartments are the cheapest in Pepperwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 25 regular apartments in Pepperwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Pepperwood?
Cheap apartments in Pepperwood have an average cost of $554 which is $741 cheaper than the average rent for all rentals in Pepperwood.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.