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Average Rent in Iowa City, IA & Rent Trends

Rent prices and market trends across 3 apartment communities in Iowa City, IA. Updated daily.

Market Average

$1,738/mo

▲ +5.2% from last month

Lowest Available

$1,205/mo

cheapest unit on market

Communities

3

tracked daily

Units Listed

9

available now

Rent by Neighborhood in Iowa City, IA

Compare average rent across Iowa City, IA neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent From Properties Units
Roosevelt $1,363 $750 2 57
Iowa City 52246 $1,074 $650 1 11

Is Rent Going Up or Down in Iowa City, IA?

As of May 2026, the average rent in Iowa City, IA is $1,738 per month across 3 apartment communities and 9 available units. Rents have increased $68 (5.2%) over the past month.

The most affordable option is The Nest Iowa City starting at $1,205/mo. By unit type, a 3-bedroom averages $1,738/mo.

Prices range from $1,205 to $2,500 per month. The most common price point is the $1,200 range, where 2 units are currently listed.

Iowa City, IA Rent Price History

Rent Price Distribution

Rent by Bedroom Type in Iowa City, IA

3 Bed
$1,738
from $1,205 · 9 units

Rent Prices by Apartment in Iowa City, IA

Property Starting at Average Units Rating
The Nest Iowa City $1,205/mo $1,205/mo 1 4.8
Westwinds Real Estate $1,250/mo $1,858/mo 6 3.4
PACE Property Management $1,495/mo $1,645/mo 2 3.2

Frequently Asked Questions About Rent in Iowa City, IA

What is the average rent in Iowa City, IA?
The average rent in Iowa City, IA is $1,738 per month as of May 2026, based on 9 units across 3 apartment communities.
Is rent going up or down in Iowa City, IA?
Rent in Iowa City, IA has increased $68 (5.2%) over the past month. The current average is $1,738/mo.
What is the cheapest apartment in Iowa City, IA?
The most affordable apartment in Iowa City, IA is The Nest Iowa City with units starting at $1,205/mo.
How many apartments are available in Iowa City, IA?
There are 9 units available across 3 apartment communities in Iowa City, IA.

What salary do I need to live comfortably in Iowa City, IA?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$70,000/year

30 percent rule -- using our average rent of $1,738/mo.

Comfortable income

$83,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,205/mo), you need to earn at least $48,000/year.

Median household income in Iowa City, IA is $57,533 , about 31% below the comfortable-living threshold.

Cost of living in Iowa City, IA

Overall prices in Iowa City, IA runs below the national average by about 8% (BEA Regional Price Parity index 91.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Iowa City, IA's regional price parities.

Category Monthly estimate
Rent (market average) $1,738
Utilities $351
Groceries $522
Transportation $836
Healthcare $408
Other goods and services $652
Estimated total $4,507/mo

Population

75,264

Median household income

$57,533

Census median rent

$1,094/mo

Rent as % of income

37.6%

Median age

26.3

Mean commute

18 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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