
Cheap Apartments for Rent in the Terrace Hill Neighborhood of Iowa City, IA from $600 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Terrace Hill area of Iowa City.


Forest Ridge

740 Michael St

736 Michael St

118 S Dubuque St

Seville

123 Iowa Ave
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.

Emerald Ct

1165 S Riverside Dr

Riverfront Crossings

Total Monthly Price
23 S Dubuque St, Unit 1

100 Grandview Ct, Unit #121

Michael Street Apartments

1100 Oakcrest Apartments
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.

Carriage Hill

Del Ray Ridge Apartments

Oakcrest

Whiteway 2000

532 S Dubuque St

5 Woolf Ave

1054 Newton Rd
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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.

914 Benton Dr

Hawkeye Park
Terrace Hill, Iowa City, IA Local Guide

How much does it cost to rent an apartment in Terrace Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Terrace Hill Studio Apartments | $1,220 | $990 | $1,325 |
| Terrace Hill 1 Bedroom Apartments | $1,271 | $830 | $1,945 |
| Terrace Hill 2 Bedroom Apartments | $1,491 | $850 | $2,400 |
| Terrace Hill 3 Bedroom Apartments | $1,759 | $1,205 | $3,300 |
| Terrace Hill 4 Bedroom Apartments | $2,110 | $1,800 | $2,730 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 1 mile radius of the Terrace Hill Neighborhood of Iowa City, IA.
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Terrace Hill, Iowa City, IA Local Guide
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Cheapest Available Terrace Hill Apartments for Rent
 The cheapest available apartment rental in the Terrace Hill area of Iowa City, IA is a 1 Bed unit found at Forest Ridge priced from $830. 1165 S Riverside Dr has the second lowest priced unit, which is a Studio apartment currently listed from $990. Here are the most affordable Terrace Hill apartments for rent in Iowa City, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forest Ridge | 1 Bed/1 Bath | 1BR,1BA | $830 |
| 1165 S Riverside Dr | Studio - Twin | Studio,1BA | $990 |
| Riverfront Crossings | Studio | Studio,1BA | $995 |
| Willow Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,200 |
| IA City Lofts | First Floor Units | Studio,1BA | $1,200 |
Best Value Apartments for Rent in Terrace Hill, IA
As of March 14, 2026 the best value apartment in the Terrace Hill 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 Terrace Hill apartment is the 3 bed 1 bath Model at Newton Pointe Apartments starting at $1,425 with a $1.43 price per square foot in the Cottage Hill neighborhood. Here is today’s list of the best values for Terrace Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 630 S Capitol | 4 bedroom 4 bath | 4BR,4BA | $0.88 |
| Newton Pointe Apartments | 3 bed 1 bath | 3BR,1BA | $1.43 |
| 926 Harlocke St (IC) | 2 BR/1 BA | 2BR,1BA | $1.26 |
| Forest Ridge | 2 Bed/2 Bath | 2BR,2BA | $1.47 |
| The Forum At Lincoln | Furnished 2 bed 2 bath | 2BR,2BA | $2.35 |
| 1 Triangle Pl, Unit 2 | 1 Triangle Pl | 1BR,1BA | $1.85 |
| 1032 Newton Rd | 2 | 1BR,1BA | $2.03 |
| The Nest Iowa City | B1 - 2x1 | 2BR,1BA | $1.90 |
| IA City Lofts | First Floor Units | Studio ,1BA | $2.06 |
| Riverfront Crossings | Studio | Studio ,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.
Read ArticleThe 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.
Read ArticleCash 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.
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.
Pet Friendly LifestyleTerrace Hill, Iowa City, IA
Ranked #22
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Terrace Hill Apartments
What is the Cheapest Studio apartment in Terrace Hill?
Currently the most affordable Cheap Studio Apartment in Terrace Hill is at 1165 S Riverside Dr listed at $990.
How much is rent for a Cheap One Bedroom Terrace Hill Apartment?
The lowest price for a Cheap One Bedroom Terrace Hill Apartment is $830 at Forest Ridge.
What is the lowest price for a Cheap Two Bedroom Terrace Hill Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Terrace Hill is starting from $1,100 at Forest Ridge.
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

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.

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.