Cheap Apartments for Rent in Iowa City, IA from $600 (88 Rentals)

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Cheap Apartments in Iowa City.

property at 411-463 Hwy 1 W

411-463 Hwy 1 W

Iowa CityIA52246

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Apartments at Iowa
Studio to 6 Bedroom Apartments

Apartments at Iowa

355 S Gilbert StIowa City, IA 52240
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Apartments at Iowa
1 Bedroom Apartments

Apartments at Iowa

507 E College StIowa City, IA 52240
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Michael Street
Studio Apartments

Michael Street

732 Michael StIowa City, IA 52246
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Finkbine Lane
2 Bedroom Apartments

Finkbine Lane

302 Finkbine LnIowa City, IA 52246
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Woodlands
2 Bedroom Apartments

Woodlands

2010-2110 Broadway StIowa City, IA 52240
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Sycamore Coop
1 Bedroom Apartments

Sycamore Coop

2001 Kountry Ln SEIowa City, IA 52240
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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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Violet Square
Studio to 3 Bedroom Apartments

Violet Square

501-511 S Gilbert StIowa City, IA 52240
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Whiteway 2000
Studio Apartments

Whiteway 2000

210 S Clinton StIowa City, IA 52240
Student Housing
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Parish Apartments
Studio Apartments

Parish Apartments

108 McLean StIowa City, IA 52246
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Oakcrest
2 Bedroom Apartments

Oakcrest

801 Oakcrest StIowa City, IA 52246
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21 Woolf Ave
2 Bedroom Apartments

21 Woolf Ave

21 Woolf AveIowa City, IA 52246
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NEX Apartments
1 to 3 Bedroom Apartments

NEX Apartments

671 Nex AveIowa City, IA 52245
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Keokuk Street
2 Bedroom Apartments

Keokuk Street

2001 Keokuk StIowa City, IA 52240
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1165 S Riverside Dr
Studio to 2 Bedroom Apartments

1165 S Riverside Dr

1165 S Riverside DrIowa City, IA 52246
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SoDo Flats
Studio to 2 Bedroom Apartments

SoDo Flats

322 E Prentiss StIowa City, IA 52240
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Iowa City, IA Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Iowa City, IA

Pricing Updated: 05/04/2025

Current apartment rentals in the Iowa City, IA area range in price from $685 to $4,725 with an overall median price of $3,562. The three Iowa City neighborhoods with the lowest median rent pricing are Peninsula Neighborhood at $685, Horn at $875, and Weber at $795. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Iowa City Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Peninsula Neighborhood$2,395$6854
Horn$3,000$87526
Weber$3,000$79528
Westgate$3,000$87526
Cottage Hill$3,175$87520
Roosevelt$3,175$87523
Ruppert Hills$3,350$87520
Terrace Hill$3,350$78519
South Iowa City$3,500$70021
Twain$3,500$70042

Cheapest Available Iowa City Apartments for Rent

 

The cheapest available apartment rental in Iowa City, IA is a Studio unit found at Lakewood Hills Apartments in the Old Mill Creek neighborhood priced from $695. Aspire at West Campus in the Coralview Heights neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $812. Here is today’s list of the most affordable Iowa City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood Hills ApartmentsStudio GoldStudio,1BA$695
Aspire at West Campus2x2 Herky - Unfurnished2BR,2BA$812
Knollridge Garden Apartments2 Bedroom2BR,1BA$875
Sycamore ApartmentsOne Bedroom Units1BR,1BA$895
Scotsdale2 Bdrm2BR,1BA$920
Regency Heights (55+ Community)One Bedroom1BR,1BA$935
River Ridge PlaceStudio/1BA 371 sq ftStudio,1BA$975
Claremont Apartments2BR/1.0BA2BR,1BA$985
Riverfront CrossingsStudioStudio,1BA$995

Best Value Apartments for Rent in Iowa City, IA

As of May 05, 2025 the best value apartment in the Iowa City area is the $1.42 price per square foot B Model at The Hawthorne in the in the Lantern Park neighborhood starting from $1,700. The second greatest value Iowa City apartment is the Remodeled 3 Bed / 2 Bath with W/D Model at Mane Gate Apartments starting at $1,525 with a $1.32 price per square foot in the Fair Meadows neighborhood. Here is today’s list of the best values for Iowa City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The HawthorneB2BR,2BA$1.42
Mane Gate ApartmentsRemodeled 3 Bed / 2 Bath with W/D3BR,2BA$1.32
836 Clark St, Unit 836 Clark Street836 Clark St1BR,1BA$1.16
Orchards & Woodlands2BR/1.0BA2BR,1BA$1.21
1006 Oakcrest Street ApartmentsTwo Bedroom2BR,1BA$1.28
Claremont Apartments2BR/1.0BA2BR,1BA$1.12
Scotsdale2 Bdrm2BR,1.5BA$1.12
Knollridge Garden Apartments2BR/1.0BA2BR,1BA$1.16
The Overlook1 Bedroom1BR,1BA$1.52
419 10th Ave, Unit 2419 10th Ave2BR,1BA$1.41

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Iowa City Overview

Iowa City is the perfect town for people of all ages. From the lively college scene to the quaint and cultural qualities throughout the many neighborhoods, Iowa City should be a top pick for many apartment-seekers. Additionally, Iowa City apartments cost much less than apartments around the country, so finding your next apartment in the area can also be very beneficial for your wallet. Whether you enjoy watching a competitive college football game or you like a peaceful bike ride around town, Iowa City is the perfect place to call home and enjoy life to the fullest.

Why live in Iowa City, IA?

If you love mild temperatures, peace and quiet, and a quaint college town, then Iowa City is perfect for you. This town is ideal for raising a family, enjoying retirement, or just trying somewhere new. And with a bustling sports scene, many historic buildings, and a thriving economy, Iowa City is a great place to live.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Iowa City, IA Rentals by Map

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Getting Around Iowa City, IA

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Iowa City Apartments

What is the Cheapest Studio apartment in Iowa City?

Currently the most affordable Cheap Studio Apartment in Iowa City is at Lakewood Hills Apartments listed at $695.

How much is rent for a Cheap One Bedroom Iowa City Apartment?

The lowest price for a Cheap One Bedroom Iowa City Apartment is $800 at Lakewood Hills Apartments.

What is the lowest price for a Cheap Two Bedroom Iowa City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Iowa City is starting from $812 at Aspire at West Campus.

What is the most affordable Iowa City Three Bedroom Apartment?

The best deal on a cheap Iowa City Three Bedroom Apartment rental is at Mane Gate Apartments and starts from $1,465.

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 Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.