Cheap Homes for Rent in Iowa City, IA from $600 (53 Rentals)

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Cheap Homes in Iowa City.

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.

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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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property at 100 Grandview Ct

100 Grandview Ct

Iowa CityIA52246
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Iowa City, IA Local Guide

Cheapest Neighborhoods for Apartments in Iowa City, IA

Pricing Updated: 05/01/2025

Current apartment rentals in the Iowa City, IA area range in price from $620 to $3,365 with an overall median price of $1,566. The three Iowa City neighborhoods with the lowest median rent pricing are Cottage Hill at $719, Horn at $719, and Westgate at $719. 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
Cottage Hill$1,395$71939
Horn$1,395$71919
Westgate$1,395$71919
Court Hill$1,450$62054
County Center$1,525$62074
Downtown Iowa City$1,525$62073
Fair Meadows$1,525$620104
Hoover$1,525$62078
Lucas$1,525$620103
Oak Woods$1,525$62084

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
Regency Heights (55+ Community)One Bedroom1BR,1BA$935
River Ridge PlaceStudio/1BA 371 sq ftStudio,1BA$975
Scotsdale2 Bdrm2BR,1BA$975
Claremont Apartments2BR/1.0BA2BR,1BA$985
Riverfront CrossingsStudioStudio,1BA$995
The Quarters Iowa CityF2 - 1x11BR,1BA$1,050

Best Value Apartments for Rent in Iowa City, IA

As of May 01, 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
1453 Eastview Dr1453 Eastview2BR,1.5BA$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
419 10th Ave, Unit 2419 10th Ave2BR,1BA$1.41

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Frequently Asked Questions about Iowa City

What type of rentals are currently available in Iowa City?

There are currently 274 Apartments for Rent in Iowa City, IA with pricing that ranges from $620 to $3,365. There are also 142 Single Family Homes for rent, Condos, and Townhome rentals currently available in Iowa City ranging from $685 to $4,725.

What is the current price range for Rental Homes in Iowa City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Iowa City ranges from $685 to $4,725 with an average monthly rent of $1,876.

How much are larger Three and Four Bedroom Rentals in Iowa City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Iowa City range from $650 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,200. Four Bedroom Single-Family rentals are also available starting from $685 and Four Bedroom Apartments start at $719.

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.

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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.

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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.

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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.