Wild Iris plants are usually found in spontaneous flora, but due to their ornamental characteristics, they can also be used for ornamental purposes, which means that it is very important to find the perfect conditions for plant growth. This research aimed to evaluate the ornamental value and adaptive behavior of wild Iris aphylla L. in “ex situ” conditions. Plants from wild flora were cultivated experimentally in the Floriculture field at the Faculty of Horticulture, IULS, Iași, Romania. The biometric determinations revealed the significantly higher ornamental value of conserved plants grown in “ex situ” conditions compared to wild plants. In “ex situ” conditions, the plants displayed more vigorous growth (~100%) and had a higher number of flowers per stem (5–9 flowers), whereas, in wild conditions, this species has from two to a maximum of five flowers. Given the absence of anatomical studies in the literature, detailed anatomical investigations of the leaf structure were performed, complemented by analyses of the photosynthetic pigment content to assess the plant’s physiological performance. Additionally, the molecular phylogenetic analyses conducted using two plastid markers (rbcL and trnL-F) confirmed the taxonomic classification of the native I. aphylla L. species. To the best of our knowledge, this is the first report on the molecular phylogeny of the wild Iridaceae species in Romania. These findings provide insights into the taxonomy, morphology, cultivation potential, and ornamental value of the species, supporting future conservation and horticulture development programs.