How much is rent in Iowa City, IA?

The average asking rent across the 5 listings we track in Iowa City, IA is $1,020/mo, with the cheapest starting at $850/mo. Prices change often, so confirm current rates on each listing.

What is the cheapest apartment for rent in Iowa City?

Penningroth Apartments is the lowest-priced rental we're tracking in Iowa City, IA at $850/mo. We rank every listing cheapest-first so the best-value options are always at the top.

What is the average rent by bedroom in Iowa City?

Based on the listings we track in Iowa City, IA: one-bedrooms around $913/mo, two-bedrooms around $1,035/mo, three-bedrooms around $1,205/mo. These are averages and shift with availability.

Is Iowa City expensive to rent in?

Relatively no. Iowa City's average rent of $1,020/mo is about 11% below the IA state average of $1,142/mo, making it one of the more affordable markets in the state.

Apartments for Rent in Iowa City, IA

Rents in Iowa City, IA start at $850/mo on Budget Leases, and the average across the 5 listings we track runs $1,020/mo. That puts Iowa City roughly 11% below the IA state average of $1,142/mo, so it's one of the more affordable markets in the state. By size, expect one-bedrooms around $913/mo and two-bedrooms around $1,035/mo. Listings are ranked cheapest-first and updated regularly.

Updated Jun 9, 2026

Cheapest

$850

lowest listed rent

Average rent

$1,02011% below IA

across all sizes

Average by sizevs IA typical

1 bed$91313% below IA

2 bed$1,03515% below IA

3 bed$1,20527% below IA

The Nest Iowa City, Iowa City

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Renting in Iowa City, IA: common questions

How much is rent in Iowa City, IA?: The average asking rent across the 5 listings we track in Iowa City, IA is $1,020/mo, with the cheapest starting at $850/mo. Prices change often, so confirm current rates on each listing.
What is the cheapest apartment for rent in Iowa City?: Penningroth Apartments is the lowest-priced rental we're tracking in Iowa City, IA at $850/mo. We rank every listing cheapest-first so the best-value options are always at the top.
What is the average rent by bedroom in Iowa City?: Based on the listings we track in Iowa City, IA: one-bedrooms around $913/mo, two-bedrooms around $1,035/mo, three-bedrooms around $1,205/mo. These are averages and shift with availability.
Is Iowa City expensive to rent in?: Relatively no. Iowa City's average rent of $1,020/mo is about 11% below the IA state average of $1,142/mo, making it one of the more affordable markets in the state.

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