close
View Me
Cheap Apartments for Rent in the Peninsula Neighborhood Neighborhood of Iowa City, IA from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peninsula Neighborhood area of Iowa City.
208 E Davenport St
Iowa CityIA52245
518 N Van Buren St
Iowa CityIA52245
close
View Me
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
close
View Me
210 E Davenport St
Iowa CityIA52245
close
View Me
close
View Me
Rent Specials
from $695Studio to 2 Bedroom Apartments Available Now
Lakewood Hills Apartments
209 Holiday RdCoralville, IA 52241
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.
close
View Me
from $719Studio to 4 Bedroom Apartments Available Aug 15
The Banks Student Living
104 E 7th StCoralville, IA 52241
608 4th Ave
CoralvilleIA52241
close
View Me
close
View Me
from $975Studio to 1 Bedroom Apartments Available May 23
River Ridge Place
199 6th StCoralville, IA 52241
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.
close
View Me
504 2nd Ave
CoralvilleIA52241
Showing Results 1-14, Page 1 of 1
Peninsula Neighborhood, Iowa City, IA Local Guide
Old Capitol winter by Phil Roeder is licensed under CC BY 2.0
How much does it cost to rent an apartment in Peninsula Neighborhood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peninsula Neighborhood Studio Apartments | $1,029 | $695 | $1,300 |
| Peninsula Neighborhood 1 Bedroom Apartments | $1,196 | $800 | $1,514 |
| Peninsula Neighborhood 2 Bedroom Apartments | $1,334 | $800 | $1,795 |
| Peninsula Neighborhood 3 Bedroom Apartments | $1,694 | $769 | $2,442 |
| Peninsula Neighborhood 4 Bedroom Apartments | $2,198 | $719 | $2,876 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Peninsula Neighborhood Neighborhood of Iowa City, IA.
See all Apartments in Iowa CityExplore Iowa City
Peninsula Neighborhood, Iowa City, IA Local Guide
- Nearby Iowa City neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Peninsula Neighborhood Apartments for Rent
The cheapest available apartment rental in the Peninsula Neighborhood area of Iowa City, IA is a Studio unit found at Lakewood Hills Apartments priced from $695. River Ridge Place has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable Peninsula Neighborhood apartments for rent in Iowa City, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood Hills Apartments | Studio Gold | Studio,1BA | $695 |
| River Ridge Place | Studio/1BA 371 sq ft | Studio,1BA | $975 |
| Orchards & Woodlands | 2BR/1.0BA | 2BR,1BA | $1,100 |
| IA City Lofts | Large Studio Units | Studio,1BA | $1,225 |
| Manville Terrace | 2x1 | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Peninsula Neighborhood, IA
As of May 15, 2025 the best value apartment in the Peninsula Neighborhood 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 Peninsula Neighborhood apartment is the 2BR/1.0BA Model at Orchards & Woodlands starting at $1,100 with a $1.21 price per square foot in the Cottage Hill neighborhood. Here is today’s list of the best values for Peninsula Neighborhood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Hawthorne | B | 2BR,2BA | $1.42 |
| Orchards & Woodlands | 2BR/1.0BA | 2BR,1BA | $1.21 |
| IA City Lofts | Large Studio Units | Studio ,1BA | $2.10 |
| Replay | A1 | 1BR,1BA | $3.64 |
| River Ridge Place | Studio/1BA 371 sq ft | Studio ,1BA | $2.63 |
| Lakewood Hills Apartments | Studio | Studio ,1BA | $2.45 |
Quick 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.
Let everyone know!
Do you know the Peninsula Neighborhood area?
If you’re an expert on all things Peninsula Neighborhood, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestylePeninsula Neighborhood, Iowa City, IA
Ranked #5
Among neighborhoods in Iowa City, IA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Peninsula Neighborhood Neighborhood in Iowa City, IA
Walk Score®
28 / 100
Car-Dependent
Most errands require a car
Bike Score®
63 / 100
Bikeable
Some bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Peninsula Neighborhood Apartments
What is a cheap apartment in Peninsula Neighborhood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Peninsula Neighborhood is under $1,700.
What types of apartments are the cheapest in Peninsula Neighborhood?
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 1 regular apartments in Peninsula Neighborhood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Peninsula Neighborhood?
Cheap apartments in Peninsula Neighborhood have an average cost of $445 which is $1,255 cheaper than the average rent for all rentals in Peninsula Neighborhood.
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.
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.
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.
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.