Cheap Apartments for Rent in the South Iowa City Neighborhood of Iowa City, IA from $600 (42 Rentals)

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

property at 741 Melrose Ave

$880

Total Monthly Price

Total Monthly Price

Base Rent
$880

Total Monthly Price
$880

1 Bedroom, 1 Bath Condo for Rent

Available Now

741 Melrose Ave, Unit apt. # 9

741 Melrose Ave
Iowa CityIA52246

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.

property at 943 S Gilbert St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1.5 Bath Condo for Rent

Available Aug 20

943 S Gilbert St, Unit 32

943 S Gilbert St
Iowa CityIA52240
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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

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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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
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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

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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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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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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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
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The Overlook
1 to 2 Bedroom Apartments

The Overlook

3155 Shire LnIowa City, IA 52240
  • Utilities Included

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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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

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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The Paddock
3 Bedroom Apartments

The Paddock

2871 Heinz RdIowa City, IA 52240

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 $925. Riverfront Crossings has the second lowest priced unit, which is a Studio 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
Sycamore ApartmentsOne Bedroom Units1BR,1BA$925
Riverfront CrossingsStudioStudio,1BA$995
Mane Gate ApartmentsSmall One Bed with W/D1BR,1BA$1,095
Riverview WestStudioStudio,1BA$1,150
Dodge Street Apartments620 S. Dodge St.3BR,1BA$1,250
IA City LoftsFirst Floor UnitsStudio,1BA$1,300
316 MaddieOne bedroom, One Bath1BR,1BA$1,550

Best Value Apartments for Rent in South Iowa City, IA

As of August 02, 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 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 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 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$0.69
Dodge Street Apartments620 S. Dodge St.3BR,1BA$1.07
512 E Burlington St, Unit 1512 E Burlington St2BR,2BA$1.50
316 MaddieTwo Bedroom, Two Bath2BR,2BA$2.88
Mane Gate ApartmentsSmall One Bed with W/D1BR,1BA$1.75
IA City LoftsFirst Floor UnitsStudio ,1BA$2.23
Riverfront CrossingsStudioStudio ,1BA$1.99
Sycamore ApartmentsOne Bedroom Units1BR,1BA$2.20

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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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

3.5
Pet Friendly

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Frequently Asked Questions about Cheap South Iowa City Apartments

What is a cheap apartment in South Iowa City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Iowa City is under $1,550.

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

The cheapest apartment in South Iowa City is Sycamore Apartments which is listed at $925, while the average apartment in South Iowa City costs $1,255.

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 28 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 $682 which is $573 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.