Cheap Apartments for Rent in the South Iowa City Neighborhood of Iowa City, IA from $600 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Iowa City area of Iowa City.

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.

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Apartments at Iowa
Studio to 6 Bedroom Apartments

Apartments at Iowa

355 S Gilbert StIowa City, IA 52240
  • Utilities Included
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Sycamore Coop
1 Bedroom Apartments

Sycamore Coop

2001 Kountry Ln SEIowa City, IA 52240
  • Utilities Included
property at 522 S Clinton St

$750 - $1,225

Studio To 2 Bedroom Rentals

Available Aug 1

522 S Clinton St

Iowa CityIA52240
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Oakcrest
1 to 2 Bedroom Apartments

Oakcrest

801 Oakcrest StIowa City, IA 52246
  • Utilities Included

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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Cross Park Avenue
2 Bedroom Apartments

Cross Park Avenue

801-845 Cross Park AveIowa City, IA 52240
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625 E Burlington St
Studio to 1 Bedroom Apartments

625 E Burlington St

625 E Burlington StIowa City, IA 52240
Student Housing
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Violet Square
Studio to 3 Bedroom Apartments

Violet Square

501-511 S Gilbert StIowa City, IA 52240
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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631 S Van Buren St
1 to 3 Bedroom Apartments

631 S Van Buren St

631 S Van Buren StIowa City, IA 52240
Student Housing
  • Utilities Included
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Hawkeye Park
1 to 2 Bedroom Apartments

Hawkeye Park

432 S Dubuque StIowa City, IA 52240
Student Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Overlook
1 to 2 Bedroom Apartments

The Overlook

3155 Shire LnIowa City, IA 52240
  • Utilities Included
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Lucas Street 4-Plex
3 to 4 Bedroom Apartments

Lucas Street 4-Plex

641 S Lucas StIowa City, IA 52240
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Woodlands
2 Bedroom Apartments

Woodlands

2010-2110 Broadway StIowa City, IA 52240

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-40, Page 1 of 1

South Iowa City, Iowa City, IA Local Guide

Cheapest Available South Iowa City Apartments for Rent

 

The cheapest available apartment rental in the South Iowa City area of Iowa City, IA is a 1 Bed unit found at Sycamore Apartments priced from $910. 1165 S Riverside Dr has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here are the most affordable South Iowa City apartments for rent in Iowa City, IA:

Apartment ListingModel NameBed/BathPriced From
Sycamore ApartmentsOne Bedroom Units1BR,1BA$910
1165 S Riverside DrStudio - TwinStudio,1BA$990
SoDo FlatsStudioStudio,1BA$995
Riverfront CrossingsStudioStudio,1BA$995
Claremont Apartments2BR/1.0BA2BR,1BA$1,025
Belmont Apartments2BR/1.0BA2BR,1BA$1,095
Orchards & Woodlands2BR/1.0BA2BR,1BA$1,100
IA City LoftsFirst Floor UnitsStudio,1BA$1,300
630 S Capitol2 bedroom 2 bath2BR,2BA$1,365
316 MaddieOne bedroom, One Bath1BR,1BA$1,550

Best Value Apartments for Rent in South Iowa City, IA

As of April 19, 2026 the best value apartment in the South Iowa City area is the $0.88 price per square foot 4 bedroom 4 bath Model at 630 S Capitol in the in the Cottage Hill neighborhood starting from $1,365. The second greatest value South Iowa City apartment is the C1 - 3x3 Model at The Quarters Iowa City starting at $695 with a $0.59 price per square foot in the Fair Meadows neighborhood. Here is today’s list of the best values for South Iowa City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
630 S Capitol4 bedroom 4 bath4BR,4BA$0.88
The Quarters Iowa CityC1 - 3x33BR,3BA$0.59
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.22
Claremont Apartments2BR/1.0BA2BR,1BA$1.16
Belmont Apartments2BR/1.0BA2BR,1BA$1.30
316 MaddieTwo Bedroom, Two Bath2BR,2BA$2.88
IA City LoftsFirst Floor UnitsStudio ,1BA$2.23
Riverfront CrossingsStudioStudio ,1BA$1.99
SoDo FlatsStudioStudio ,1BA$2.14
Sycamore ApartmentsOne Bedroom Units1BR,1BA$2.17

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Pet Friendly Lifestyle
South Iowa City, Iowa City, IA

Ranked #3

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap South Iowa City Apartments

What is the Cheapest Studio apartment in South Iowa City?

Currently the most affordable Cheap Studio Apartment in South Iowa City is at 1165 S Riverside Dr listed at $990.

How much is rent for a Cheap One Bedroom South Iowa City Apartment?

The lowest price for a Cheap One Bedroom South Iowa City Apartment is $910 at Sycamore Apartments.

What is the lowest price for a Cheap Two Bedroom South Iowa City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Iowa City is starting from $1,025 at Claremont Apartments.

What is the most affordable South Iowa City Three Bedroom Apartment?

The best deal on a cheap South Iowa City Three Bedroom Apartment rental is at Riverfront Crossings and starts from $3,300.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.