Cheap Apartments for Rent in the South Iowa City Neighborhood of Iowa City, IA from $650 (36 Rentals)

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

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631 S Van Buren St
$1,050 - $1,350

Total Monthly Price

Base Rent$1,050 - $1,350

Total Monthly Price$1,050 - $1,350
2 to 3 Bedroom Apartments Available Aug 1, 2027

631 S Van Buren St

631 S Van Buren StIowa City, IA 52240
Student Housing
  • Verified
  • Utilities Included
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property at 710 Kirkwood Ave
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
4 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

710 Kirkwood Ave, Unit 710

710 Kirkwood Ave
Iowa CityIA52240
  • Smoke Free

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.

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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
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Oakcrest
1 to 2 Bedroom Apartments

Oakcrest

801 Oakcrest StIowa City, IA 52246
  • Utilities Included
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Cross Park Avenue
2 Bedroom Apartments

Cross Park Avenue

801-845 Cross Park AveIowa City, IA 52240

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.

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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
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1165 S Riverside Dr
Studio to 3 Bedroom Apartments

1165 S Riverside Dr

1165 S Riverside DrIowa City, IA 52246
Student Housing
  • Utilities Included
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SoDo Flats
Studio to 2 Bedroom Apartments

SoDo Flats

322 E Prentiss StIowa City, IA 52240
  • 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

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.

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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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Woodlands
2 Bedroom Apartments

Woodlands

2010-2110 Broadway StIowa City, IA 52240
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Lucas Street 4-Plex
3 to 4 Bedroom Apartments

Lucas Street 4-Plex

641 S Lucas StIowa City, IA 52240
  • Utilities Included
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Keokuk Street
1 to 2 Bedroom Apartments

Keokuk Street

2001 Keokuk StIowa City, IA 52240
  • Utilities Included
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The Paddock
3 Bedroom Apartments

The Paddock

2871 Heinz RdIowa City, IA 52240

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.

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 Studio unit found at Riverfront Crossings priced from $995. 840 Maggard Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable South Iowa City apartments for rent in Iowa City, IA:

Apartment ListingModel NameBed/BathPriced From
Riverfront CrossingsStudioStudio, 1BA$995
840 Maggard Street2BR/1.0BA2BR, 1BA$995
Riverview WestStudioStudio, 1BA$1,150
Cornerstone ApartmentsCornerstone - 600 S Capitol St - Leasing 3 Bedr...3BR, 3BA$2,100

Best Value Apartments for Rent in South Iowa City, IA

As of September 17, 2026 the best value apartment in the South Iowa City area is the $0.97 price per square foot 514 S Johnson St Model at 514 S Johnson St, Unit 4 Bedroom in the Fair Meadows neighborhood starting from $1,450. The second greatest value South Iowa City apartment is the 3 Bedroom Model at Riverview West in the Cottage Hill neighborhood starting at $2,170 with a $1.48 price per square foot. 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.
514 S Johnson St, Unit 4 Bedroom514 S Johnson St4BR, 2BA$0.97
Riverview West3 Bedroom3BR, 2BA$1.48
The Quarters Iowa CityD - 2x22BR, 2BA$0.68
Cornerstone ApartmentsCornerstone - 600 S Capitol St - Leasing 3 Bedr...3BR, 3BA$1.94
ReplayB32BR, 2BA$1.73
840 Maggard Street2BR/1.0BA2BR, 1BA$1.52
Riverfront CrossingsStudioStudio, 1BA$1.99

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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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 #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap South Iowa City Apartments

What is the price of a cheap apartment in South Iowa City?

The cheapest apartment in South Iowa City is Riverfront Crossings which is listed at $1,195, while the average apartment in South Iowa City costs $1,275.

What types of apartments are the cheapest in South Iowa City?

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 22 regular apartments in South Iowa City 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 South Iowa City?

Cheap apartments in South Iowa City have an average cost of $601 which is $674 cheaper than the average rent for all rentals in South Iowa City.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.