Cheap Apartments for Rent in the Terrace Hill Neighborhood of Iowa City, IA from $600 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Terrace Hill area of Iowa City.

411-463 Hwy 1 W

156 Westside Dr, Unit 1st Floor

23 S Dubuque St, Unit 3

Riverfront Crossings

1 University Way, Unit 212

Westgate Villa
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.

63 Westside Dr

1079 W Benton St

Forum at Lincoln Apartments

1000 Westside Dr, Unit 2 bedroom - 950sqft

Orchards & Woodlands

104 Grandview Ct, Unit 114

808 Benton Dr, Unit 23

208 E Davenport St

1649 Aber Ave

156 Westside Dr

808 Benton Dr

806 Benton Dr

210 E Davenport St

812 Benton Dr

The Banks Student Living
Terrace Hill, Iowa City, IA Local Guide

How much does it cost to rent an apartment in Terrace Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Terrace Hill Studio Apartments | $1,208 | $995 | $1,300 |
Terrace Hill 1 Bedroom Apartments | $1,366 | $800 | $1,950 |
Terrace Hill 2 Bedroom Apartments | $1,376 | $830 | $3,350 |
Terrace Hill 3 Bedroom Apartments | $1,449 | $779 | $3,300 |
Terrace Hill 4 Bedroom Apartments | $1,406 | $719 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 34 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 Riverfront Crossings 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 | Studio | Studio,1BA | $995 |
Orchards & Woodlands | 2BR/1.0BA | 2BR,1BA | $1,100 |
Willow Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,200 |
IA City Lofts | Large Studio Units | Studio,1BA | $1,225 |
Manville Terrace | 2x1 | 2BR,1BA | $1,400 |
316 Maddie | One bedroom, One Bath | 1BR,1BA | $1,500 |
613 S Dubuque St | 3 Bed | 3BR,2BA | $1,600 |
Best Value Apartments for Rent in Terrace Hill, IA
As of April 28, 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 3 Bed Model at 613 S Dubuque St starting at $1,600 with a $1.81 price per square foot in the Fair Meadows 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 |
613 S Dubuque St | 3 Bed | 3BR,2BA | $1.81 |
The Nest Iowa City | B3 - 2x2 | 2BR,2BA | $1.59 |
316 Maddie | Two Bedroom, Two Bath | 2BR,2BA | $2.75 |
IA City Lofts | Large Studio Units | Studio ,1BA | $2.10 |
Replay | A1 | 1BR,1BA | $3.64 |
Riverfront Crossings | Studio | Studio ,1BA | $1.99 |
Hive | A4 | 1BR,1BA | $4.40 |
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Pet Friendly LifestyleTerrace Hill, Iowa City, IA
Ranked #18
Among neighborhoods in Iowa City, IA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Terrace Hill Apartments
What is the price of a cheap apartment in Terrace Hill?
The cheapest apartment in Terrace Hill is Riverfront Crossings which is listed at $1,195, while the average apartment in Terrace Hill costs $1,600.
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 13 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 $502 which is $1,098 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.

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.

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.

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.