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515 College

Iowa City, IA 52240 - Johnson County

Apartment

2 beds

2 baths

About 515 College

Welcome to the 2 Bedroom/2 Bath Downtown Iowa City apartment in the heart of Iowa City, IA. This modern apartment features central air to keep you comfortable year-round, a convenient dishwasher and microwave for easy meal prep, and beautiful wood floors throughout. Stay cool and comfortable with ceiling fans in every room, and enjoy the convenience of a spacious walk-in closet for all your storage needs. With off-street parking available for just $85 a month, you'll never have to worry about finding a spot. Don't miss out on this fantastic opportunity to live in the vibrant downtown area of Iowa City. Amenities: Oven.

1 day on RentalSource

RentalSource last checked: 13 hours ago · Listing updated: October 28, 2026

Managed by: J&J Real Estate · (319) 338-7058

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,446
Bedrooms:	2 beds
Bathrooms:	2 baths
Size:	Inquire

Pets:	Inquire
Laundry:	Inquire
Parking:	Yes
Available:	August 2, 2027
ID:	84663685

Amenities

Air Conditioning
Parking
Dishwasher
Ceiling Fan
Microwave
Refrigerator
Storage
Walk-in Closets

Leasing Information

Fees

Deposit $1,400 (mandatory, refundable, move-in).

Additional Details

This 2-bedroom, 2-bathroom apartment at 515 College in Iowa City, IA 52240 rents for $1,446 a month. 515 College was advertised by J&J Real Estate on October 28, 2026.

How the Rent Compares

At $1,446 a month, this apartment is above the typical rent for 2-bedroom apartments and condos in Iowa City (about $1,250).

From 32 two-bedroom apartments and condos listed in Iowa City on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,250Typical rent for 2-bedroom apartments and condos in Iowa City

$1,100–$1,660Middle half of their rents

21 daysAverage time they have been listed

See 2+ bedroom rentals in Iowa City

Rent History

This home was last listed for rent on RentalSource from November to December 2024 for $1,400. Today's rent is $46 higher.

Rent history for this home, newest first
Date	Event	Rent	Change
October 28, 2026	Listed for rent	$1,446+3.3%	+3.3%
December 12, 2024	Listing removed	$1,400
November 23, 2024	Listed for rent	$1,400

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 515 College?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$57,840 /year

With your chosen rent-to-income ratio, an annual income of $57,840 is recommended to comfortably afford this 2-bedroom rental priced at $1,446 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,446

Deposit $1,400 · All fees

Rent Affordability Calculator

Interested in 515 College?

Find out more about this property & see if it's available now.

Property managed by:

J&J Real Estate

(319) 338-7058 · View all 8 rentals

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.