Cheap Apartments for Rent in Clear Lake, IA from $400 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Clear Lake.

close
View Me
South Avenue Village
1 to 2 Bedroom Apartments

South Avenue Village

821 W 12th Ave NClear Lake, IA 50428
  • Utilities Included
close
View Me
Lakeland Park Apartments
1 Bedroom Apartments

Lakeland Park Apartments

210 W 10th Ave NClear Lake, IA 50428
Senior Living
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
close
View Me
Heartland Senior Housing
1 to 2 Bedroom Apartments

Heartland Senior Housing

610 Central AveFort Dodge, IA 50501
Senior Living
  • Utilities Included
property at 220 E 7th St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795
Total Monthly Price
$795

1 Bedroom, 1 Bath Condo for Rent

Available May 2

220 E 7th St

Albert LeaMN56007

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
property at 702 E Main St

$850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

Studio, 1 Bath Home for Rent

Available Now

702 E Main St

Albert LeaMN56007
property at 213 E Main St

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

2 Bedroom, 1.5 Bath Condo for Rent

Available May 2

213 E Main St

Albert LeaMN56007
close
View Me
Palisades
1 to 2 Bedroom Apartments

Palisades

2340 River RoadIowa Falls, IA 50126
  • Utilities Included
close
View Me
Grant Village
1 Bedroom Apartments

Grant Village

815-843 6th St SWMason City, IA 50401
Senior Living
  • Utilities Included
property at 317 E 8th St

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

317 E 8th St

Albert LeaMN56007

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
property at 821 Jefferson Ave

$950 - $995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

1 Bedroom Rentals

Available Now

821 Jefferson Ave

Albert LeaMN56007
property at 121 Main St S

$1,000 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

Studio Rentals

Available Now

121 Main St S

Grand MeadowMN55936
Showing Results 1-42, Page 1 of 1

Clear Lake, IA Local Guide

Cheapest Available Clear Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Clear Lake, IA is a 1 Bed unit found at Shalom Tower II priced from $405. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Clear Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shalom Tower IITower I Efficiency1BR,1BA$405
Key ApartmentsEfficiencyStudio,1BA$500
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$525
18 S Adams AveOne Bedroom1BR,1BA$525
Key West ApartmentsStudioStudio,1BA$550
CityView ApartmentsStudioStudio,1BA$650
A-Lea ApartmentsB and C Buildings1BR,1BA$700
The Delaware - Luxury Apartment's in Mason City!Studio FStudio,1BA$721
The River Apartments & TownhomesStudioStudio,1BA$730
City Center Kent Apartments1 Bedroom1BR,1BA$800

Best Value Apartments for Rent in Clear Lake, IA and Nearby

As of April 15, 2026 the best value apartment in the Clear Lake area is the $0.68 price per square foot 3 Bed 1 Bath Model at Pheasant Run Apartments in the starting from $975. The second greatest value Clear Lake apartment is the 2 Bedroom Loft Model at Skye Lofts Apartments starting at $1,490 with a $1.09 price per square foot . Here is today’s list of the best values for Clear Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pheasant Run Apartments3 Bed 1 Bath3BR,1BA$0.68
Skye Lofts Apartments2 Bedroom Loft2BR,1.5BA$1.09
Rolling Meadows Apartments3 bedroom/2bath3BR,2BA$0.96
The Meadows2 Bedroom 1 Bathroom2BR,1BA$1.28
Kee Valley Apartments2 Beds, 1 bath2BR,1BA$1.16
CityView Apartments2 bedroom2BR,1BA$1.08
Shalom Tower IITower II - One Bedroom1BR,1BA$0.73
Northern Place ApartmentsOne Bed + Den1BR,1BA$1.38
City Center Kent Apartments1 Bedroom1BR,1BA$1.33
18 S Adams AveOne Bedroom1BR,1BA$0.95

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Best Local Schools in
Clear Lake, IA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Clear Lake, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Clear Lake, IA

View Map
Clear Lake, IA Apartments Map
View Map
Clear Lake, IA Rental Homes Map

Frequently Asked Questions about Cheap Clear Lake Apartments

What is the Cheapest Studio apartment in Clear Lake?

Currently the most affordable Cheap Studio Apartment in Clear Lake is at Key Apartments listed at $500.

How much is rent for a Cheap One Bedroom Clear Lake Apartment?

The lowest price for a Cheap One Bedroom Clear Lake Apartment is $405 at Shalom Tower II.

What is the lowest price for a Cheap Two Bedroom Clear Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Clear Lake is starting from $860 at Northern Place Apartments.

What is the most affordable Clear Lake Three Bedroom Apartment?

The best deal on a cheap Clear Lake Three Bedroom Apartment rental is at Pheasant Run Apartments and starts from $975.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.