How many apartments are available in The Peninsula on Rentable.co?

Rentable.co has over 172 apartments available near The Peninsula.

What is the average rent for a studio apartment in The Peninsula?

The average rent for a studio apartment near The Peninsula is around $775 per month.

What is the average rent for a one-bedroom apartment in The Peninsula?

The average rent for a one-bedroom apartment near The Peninsula is around $895 per month.

What is the average rent for a two-bedroom apartment in The Peninsula?

The average rent for a two-bedroom apartment near The Peninsula is around $1,225 per month.

How many apartments are available in Iowa City, IA on Rentable.co?

Rentable.co has over 3,343 apartments available in Iowa City.

What is the average rent for a studio apartment in Iowa City, IA?

The average rent for a <a href='/iowa-city-ia/studio-apartments-for-rent' >studio apartment</a> in Iowa City is around $780 per month.

What is the average rent for a one-bedroom apartment in Iowa City, IA?

The average rent for a <a href='/iowa-city-ia/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Iowa City is around $880 per month.

What is the average rent for a two-bedroom apartment in Iowa City, IA?

The average rent for a <a href='/iowa-city-ia/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Iowa City is around $1,200 per month.

How expensive is it to rent an apartment in Iowa City, IA?

For a two-bedroom apartment in Iowa City, the average rent price is $1,200 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Iowa City, IA?

Based on average rent prices in Iowa City, to afford a <a href='/iowa-city-ia/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $31,000 to live comfortably.

Apartments in The Peninsula Iowa City

Iowa City:
November Rent Report

Welcome to the November 2024 Iowa City Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Iowa City rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Iowa City and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Iowa City average rent prices in the chart below.

Monthly Rent Report

$1,800

$1,350

$900

$450

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Iowa City Rent Prices Increase From October to November

Iowa City rent prices increased over the last month. From October to November, the city experienced a 10.62% increase for the price of a one-bedroom apartment. The rent price for a Iowa City one-bedroom apartments currently stands at $1,156.0.

When we take a look at the two-bedroom comparison from October to November, Iowa City experienced a 12.66% increase for the price of a two-bedroom apartment. The rent price for a Iowa City two-bedroom apartments currently stands at $1,451.0.

November Prices: Iowa City vs. Surrounding Areas

Tiffin, IA

North Liberty, IA

Coralville, IA

Iowa City, IA

$1,357

$1,252

$1,102

$1,045

$450

$900

$1,350

$1,800

Median 1 BR Rent

Rent Prices in Iowa City and Surrounding Areas

Rent prices have increased in Iowa City over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Iowa City suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Coralville, IA, Tiffin, IA, North Liberty, IA .
Rents did not decrease in any of the Iowa City suburbs.
2 suburbs are currently priced higher than the city of Iowa City.
1 suburb is currently priced lower than the city of Iowa City.

November 2024 Pricing Trends: Iowa City vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

Iowa City, IA

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$1,045

$1,400

$2,800

$4,200

$5,600

Median Rent

Iowa City Rent Prices More Affordable Than Major Cities

Rent growth in Iowa City over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Iowa City average rent prices appear to be relatively affordable for local residents.

The price for a Iowa City one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Iowa City and surrounding area rent prices, take a look at the complete data set below.

Data set for Iowa City and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
Iowa City, IA	$1,045.0	16.76%	$1,288.0	11.81%
Coralville, IA	$1,102.0	2.99%	$1,081.0	8.75%
Tiffin, IA	$1,357.0	1.27%	$1,622.0	-0.25%
North Liberty, IA	$1,252.0	1.38%	$1,177.0	2.53%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.