
Cheap Homes for Rent in Terrace Hill Neighborhood of Iowa City, IA from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Terrace Hill area of Iowa City.


808 Benton Dr

904 Benton Dr
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.

229 Woodside Dr, Unit 229 Woodside Drive

801 Melrose Ave

715 Westgate St, Unit Top Unit
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.
Terrace Hill, Iowa City, IA Local Guide

How much does it cost to rent a home in Terrace Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Terrace Hill 2 Bedroom Homes for Rent | $1,404 | $875 | $2,400 |
Terrace Hill 3 Bedroom Homes for Rent | $2,043 | $1,500 | $2,650 |
Terrace Hill 4 Bedroom Homes for Rent | $2,487 | $2,050 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 Studio unit found at 1165 S Riverside Dr priced from $990. Riverfront Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Terrace Hill apartments for rent in Iowa City, IA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1165 S Riverside Dr | Studio - Twin | Studio,1BA | $990 |
Riverfront Crossings | Studio | Studio,1BA | $995 |
Westgate Villa | 2 Bdrm Lg | 2BR,1BA | $1,070 |
Best Value Apartments for Rent in Terrace Hill, IA
As of June 13, 2025 the best value apartment in the Terrace Hill area is the $1.21 price per square foot 2BR/1.0BA Model at Orchards & Woodlands in the in the Cottage Hill neighborhood starting from $1,100. The second greatest value Terrace Hill apartment is the 2 Bdrm Lg Model at Westgate Villa starting at $1,070 with a $1.18 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. |
---|---|---|---|
Orchards & Woodlands | 2BR/1.0BA | 2BR,1BA | $1.21 |
Westgate Villa | 2 Bdrm Lg | 2BR,1.5BA | $1.18 |
The Nest Iowa City | B3 - 2x2 | 2BR,2BA | $1.59 |
316 Maddie | Two Bedroom, Two Bath | 2BR,2BA | $2.75 |
Replay | A1 | 1BR,1BA | $3.64 |
Riverfront Crossings | Studio | Studio ,1BA | $1.99 |
Hive | A4 | 1BR,1BA | $4.40 |
1165 S Riverside Dr | Studio - Twin | Studio ,1BA | $3.96 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Terrace Hill
What type of rentals are currently available in Terrace Hill?
There are currently 64 Apartments for Rent in Terrace Hill, IA with pricing that ranges from $729 to $3,350. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Terrace Hill ranging from $875 to $2,800.
What is the current price range for Rental Homes in Terrace Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Terrace Hill ranges from $875 to $2,800 with an average monthly rent of $1,740.
How much are larger Three and Four Bedroom Rentals in Terrace Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Terrace Hill range from $749 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,650. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $729.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.