Hawks Ridge
100 Hawk Ridge Dr,
Iowa City, IA 52246
1-4 Beds | $589 - $1,400
Rental Market Trends in Iowa City, IA
Updated September 2026
The average rent in Iowa City, IA is $1,047/month.
Rent in Iowa City is 37% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$1,047/month
Average Rent
631 Sq Ft
Average Size
+1%
Change / Year
396
Available Apartments
Iowa City rent varies by unit size and layout:
- Studio apartments in Iowa City average $1,143 per month.
- One-bedroom apartments in Iowa City average $1,047 per month.
- Two-bedroom apartments in Iowa City average $1,305 per month.
- Three-bedroom apartments in Iowa City average $1,712 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Iowa City, IA?
In the past year, rent has increased by 1%, which averages out to $11 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Iowa City, IA
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
6%
Below $700/month
20%
$700 - $1,000/month
48%
$1,001 - $1,500/month
18%
$1,501 - $2,000/month
8%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Iowa City?
Based on current rent prices, South Iowa City, Downtown Iowa City and Roosevelt are the most affordable neighborhoods in Iowa City.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Iowa City?
Based on current rent prices, Roosevelt, Downtown Iowa City and South Iowa City are the most expensive neighborhoods in Iowa City.
Neighborhood
Average Rent
Average Sq Ft
Which Iowa City neighborhoods have the most rentals available?
The neighborhoods in Iowa City with the most apartments available are Downtown Iowa City, South Iowa City and Roosevelt .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Iowa City, IA?
Because the average rent in Iowa City is $1,047, you’ll want to make about $3,490 per month or $41,880 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Iowa City, IA is 7.4% lower than the national average. Generally, housing in Iowa City is 21.1% less expensive than the national average, with rent falling between $1,047 - $1,712. You can expect to pay 2.8% less for groceries, 14.3% less for utilities, and 4.4% more for transportation.
How does Iowa City, IA compare to other nearby cities and neighborhoods?
Use the tool below to compare Iowa City, IA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Iowa City Area GuideStudio
-
$1,186/month
One Bedroom
$1,009/month
$916/month
Two Bedroom
$1,135/month
$1,247/month
Three Bedroom
$1,339/month
$1,653/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Iowa City We Think You'll Love
Rental Management, Simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Iowa City?
The average rent in Iowa City is $1,047 per month, which is 37.1% lower than the national average of $1,665.
What is the average rent for a house in Iowa City?
The average rent for a house in Iowa City, IA is $1,900 per month.
Are rents going up or down in Iowa City?
Rents in Iowa City, IA are increasing, with prices up 1.0% year-over-year and $11 more per month.
What rent range is most common in Iowa City?
In Iowa City, IA, 48% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.