close
View Me
from $700Studio Apartment Available Aug 1
205 Fairchild St, Unit Studio
205 Fairchild StIowa City, IA 52245
Cheap Apartments for Rent in the Terrace Hill Neighborhood of Iowa City, IA from $600 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Terrace Hill area of Iowa City.
close
View Me
739 Michael St, Unit Old Gold 2 bedroom
739 Michael St
Iowa CityIA52246
close
View Me
close
View Me
close
View Me
from $9502 Bedroom Apartment Available Aug 1
156 Westside Dr, Unit 1st Floor
156 Westside DrIowa City, IA 52246
close
View Me
from $9501 Bedroom Apartment Available Aug 1
31 Valley Ave, Unit 1 Bedroom - Updated
31 Valley AveIowa City, IA 52246
close
View Me
from $9951 Bedroom Apartment Available Aug 1
23 S Dubuque St, Unit 3
23 S Dubuque StIowa City, IA 52240
close
View Me
close
View Me
from $995Studio to 3 Bedroom Apartments Available Now
Riverfront Crossings - 1201 S Gilbert
1201 S Gilbert StIowa City, IA 52240
close
View Me
close
View Me
close
View Me
1447 Aber Ave
Iowa CityIA52246
close
View Me
210 E Davenport St
Iowa CityIA52245
804 Benton Dr
Iowa CityIA52246
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Rent Specials
from $699Studio to 4 Bedroom Apartments Available Aug 15
The Banks Student Living
104 E 7th StCoralville, IA 52241
Showing Results 1-22, Page 1 of 1
Terrace Hill, 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 Terrace Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Terrace Hill Studio Apartments | $1,089 | $700 | $1,250 |
| Terrace Hill 1 Bedroom Apartments | $1,481 | $800 | $2,495 |
| Terrace Hill 2 Bedroom Apartments | $1,296 | $799 | $2,300 |
| Terrace Hill 3 Bedroom Apartments | $1,474 | $749 | $3,300 |
| Terrace Hill 4 Bedroom Apartments | $1,767 | $699 | $2,590 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 1 mile radius of the Terrace Hill Neighborhood of Iowa City, IA.
See all Apartments in Iowa CityExplore Iowa City
Terrace Hill, Iowa City, IA Local Guide
- Nearby Iowa City neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 - 1201 S Gilbert priced from $995. Orchards & Woodlands has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here are the most affordable Terrace Hill apartments for rent in Iowa City, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverfront Crossings - 1201 S Gilbert | Studio | Studio,1BA | $995 |
| Orchards & Woodlands | 2BR/1.0BA | 2BR,1BA | $1,100 |
| 1006 Oakcrest Street Apartments | Two Bedroom | 2BR,1BA | $1,150 |
| Willow Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,200 |
| IA City Lofts | Large Studio Units | Studio,1BA | $1,225 |
Best Value Apartments for Rent in Terrace Hill, IA
As of March 26, 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 Two Bedroom Model at 1006 Oakcrest Street Apartments starting at $1,150 with a $1.28 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 |
| 1006 Oakcrest Street Apartments | Two Bedroom | 2BR,1BA | $1.28 |
| 613 S Dubuque St | 3 Bed | 3BR,2BA | $1.81 |
| The Nest at Iowa City | B3 - 2x2 | 2BR,2BA | $1.67 |
| 316 Maddie | Two Bedroom, Two Bath | 2BR,2BA | $2.75 |
| IA City Lofts | Large Studio Units | Studio ,1BA | $2.10 |
| Riverfront Crossings - 1201 S Gilbert | Studio | Studio ,1BA | $1.99 |
| Hive | A4 | 1BR,1BA | $4.35 |
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 Terrace Hill area?
If you’re an expert on all things Terrace Hill, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleTerrace Hill, Iowa City, IA
Ranked #19
Among neighborhoods in Iowa City, IA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 - 1201 S Gilbert 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 781 regular apartments in Terrace Hill 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 Terrace Hill?
Cheap apartments in Terrace Hill have an average cost of $466 which is $1,334 cheaper than the average rent for all rentals in Terrace Hill.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
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.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.