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727 Melrose Ave

Iowa City, IA 52246 - Johnson County

Apartment

4 beds

2 baths

About 727 Melrose Ave

This spacious 4 bedroom house is located right in the heart of the medical and law west campus. Rent is only $1,800 a month (plus a budget utility billing of $400 a month that covers gas, electric, water, sewer and trash utilities) That works out to only $550 a month per bedroom for a property right across from the Uihc with utilities included. Lower level of a unique older home. Located on the west side of Iowa City right across from the Uihc and Kinnick Stadium. Lots of windows, beautiful hardwood floors, central air conditioning, dishwasher, garbage disposal, front porch, washer/dryer in basement, off-street parking in a lot (except for Hawkeye home football game days), on busline, no pets. Please note that there are parking restrictions for this house on home football game days. Refrigerator, Electric stove, Off-Street Parking, Gas, Electric, Water, Sewer, Recycling, Trash, Washer & Dryer.

RentalSource last checked: July 17, 2025 at 4:52 PM ET

Last updated: July 12, 2025 at 2:47 PM ET

Listed by: Keystone Property Management Company, (319) 338-6288

Property Summary

Property Type:	Apartment
Rental Fee:	$1,800
Bedrooms:	4 beds
Bathrooms:	2 baths

Size:	Inquire
Pet Friendly:	No
Listing Status:	Active
ID:	81723506

Property Amenities

• Air Conditioning

• Balcony/Patio

• Garbage Disposal

• Dishwasher

• Electric Range

• Hardwood Floors

• Refrigerator

• Washer/Dryer In Unit

Community Features

• Reserved Parking

Additional Details

Apartment for rent in Iowa City for $1,800 with 4 beds, 2 baths and located at 727 Melrose Ave in Iowa City, IA 52246. The rental price of $1,800 is 56.0% ($646) higher than the average rent of $1,154 for apartments in Iowa City, IA and 48.3% ($586) higher than the average rent of $1,214 for apartments in Johnson County. 727 Melrose Ave was advertised by Keystone Property Management Company on July 1, 2025 at 10:41 AM ET, last updated on July 12, 2025 at 2:47 PM ET and last checked today at 4:52 PM ET.

Affordability Calculator

Can I afford to live at 727 Melrose Ave?

Bedrooms

4 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

$72,000 /year

With your chosen rent-to-income ratio, an annual income of $72,000 is recommended to comfortably afford this 4-bedroom rental priced at $1,800 per month.

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

Apartment for rent

$1,800

Rent Affordability Calculator

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Property managed by:

Keystone Property Management Company
(319) 338-6288

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