Cheap Apartments for Rent in the Terrace Hill Neighborhood of Iowa City, IA from $600 (27 Rentals)

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

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Michael Street
Studio to 1 Bedroom Apartments

Michael Street

732 Michael StIowa City, IA 52246
Student Housing
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Carriage Hill
1 to 2 Bedroom Apartments

Carriage Hill

700-710 Carriage HlIowa City, IA 52246
Corporate Housing
  • 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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Whiteway 2000
Studio to 1 Bedroom Apartments

Whiteway 2000

210 S Clinton StIowa City, IA 52240
Student Housing
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5 Woolf Ave
2 Bedroom Apartments

5 Woolf Ave

5 Woolf AveIowa City, IA 52246
  • 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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Hawkeye Park
1 to 2 Bedroom Apartments

Hawkeye Park

432 S Dubuque StIowa City, IA 52240
Student Housing
  • Utilities Included
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1050 Newton Rd
2 Bedroom Apartments

1050 Newton Rd

1050 Newton RdIowa City, IA 52246
Student Housing
  • Utilities Included
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Forum at Lincoln
1 to 3 Bedroom Apartments

Forum at Lincoln

20 Lincoln AveIowa City, IA 52246
Student Housing
  • Utilities Included
Showing Results 1-27, Page 1 of 1

Terrace Hill, Iowa City, IA Local Guide

Cheapest Available Terrace Hill Apartments for Rent

 

The cheapest available apartment rental in the Terrace Hill area of Iowa City, IA is a Studio unit found at Riverfront Crossings priced from $995. 926 Harlocke St (IC) has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here are the most affordable Terrace Hill apartments for rent in Iowa City, IA:

Apartment ListingModel NameBed/BathPriced From
Riverfront CrossingsStudioStudio,1BA$995
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1,200
5 Lincoln Ave0BR/1.0BAStudio,1BA$1,200
630 S Capitol2 bedroom 2 bath2BR,2BA$1,365
Manville Terrace2x12BR,1BA$1,400
1032 Newton Rd21BR,1BA$1,400
Newton Pointe Apartments3 bed 1 bath3BR,1BA$1,425
Willow Ridge Apartments2 Beds, 1 bath2BR,1BA$1,600

Best Value Apartments for Rent in Terrace Hill, IA

As of November 12, 2025 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 4 Bedroom-2 Bathroom Model at Hawks Ridge starting at $635 with a $0.50 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 ListingModel NameBed/BathPrice Per Sq.Ft.
630 S Capitol4 bedroom 4 bath4BR,4BA$0.88
Hawks Ridge4 Bedroom-2 Bathroom4BR,2BA$0.50
Newton Pointe Apartments3 bed 1 bath3BR,1BA$1.43
926 Harlocke St (IC)2 BR/1 BA2BR,1BA$1.20
1032 Newton Rd21BR,1BA$2.03
5 Lincoln Ave0BR/1.0BAStudio ,1BA$2.00
Riverfront CrossingsStudioStudio ,1BA$1.99

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Terrace Hill, Iowa City, IA

Ranked #22

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Terrace Hill Apartments

What is a cheap apartment in Terrace Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Terrace Hill is under $1,600.

What is the price of a cheap apartment in Terrace Hill?

The cheapest apartment in Terrace Hill is Riverfront Crossings which is listed at $1,195, while the average apartment in Terrace Hill costs $1,800.

What types of apartments are the cheapest in Terrace Hill?

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 6 regular apartments in Terrace Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.