Cheap Apartments for Rent in Clear Lake, IA from $500 (52 Rentals)

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

property at 1408 S. 3rd St.

$865

Total Monthly Price

Total Monthly Price

Base Rent
$865
Total Monthly Price
$865

2 Bedroom, 1 Bath Home for Rent

Available Now

1408 S. 3rd St.

Clear LakeIA50428
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South Avenue Village
1 to 2 Bedroom Apartments

South Avenue Village

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

Lakeland Park Apartments

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Shalom Tower II
1 Bedroom Apartments

Shalom Tower II

321 4th St NEMason City, IA 50401
Senior Living
  • Utilities Included
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Heartland Senior Housing
1 to 2 Bedroom Apartments

Heartland Senior Housing

610 Central AveFort Dodge, IA 50501
Senior Living
  • Utilities Included
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919 N 29th St
1 Bedroom Apartments

919 N 29th St

919 N 29th StFort Dodge, IA 50501
  • Utilities Included
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The Manor
1 to 2 Bedroom Apartments

The Manor

4 3rd St NWMason City, IA 50401
Senior Living

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.

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property at 107 Main St E

$825 - $845

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

1 Bedroom Rentals

Available Now

107 Main St E

Clarks GroveMN56016
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Bricelyn Plaza
1 Bedroom Apartments

Bricelyn Plaza

314 N Main StBricelyn, MN 56014
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Palisades
1 to 2 Bedroom Apartments

Palisades

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

Grant Village

815-843 6th St SWMason City, IA 50401
Senior Living
  • Utilities Included
property at 701 Water St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

701 Water St

Albert LeaMN56007

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.

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Showing Results 1-50, Page 1 of 2

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 Regency Apartments priced from $200. Burt 18-Unit (Countryside Properties) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $425. Here is today’s list of the most affordable Clear Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Regency Apartments1 BD1BR,1BA$200
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$425
Key ApartmentsEfficiencyStudio,1BA$500
18 S Adams AveOne Bedroom1BR,1BA$525
Key West ApartmentsStudioStudio,1BA$550
Skye Lofts ApartmentsOne Bedroom Unit1BR,1BA$790
City Center Kent Apartments1 Bedroom1BR,1BA$800
114 W 14th St2 bed unit interior2BR,1BA$825
CityView Apartments2 Bed / 1 Bath2BR,1BA$865
Irish Hospital Apartments2BD/1BA2BR,1BA$925

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

As of September 02, 2026 the best value apartment in the Clear Lake area is the $1.10 price per square foot 2BR/1.5BA Model at Skye Lofts Apartments in the starting from $1,500. The second greatest value Clear Lake apartment is the 3 Bed 2 Bath Model at UNION HOUSE APARTMENTS starting at $1,325 with a $1.26 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.
Skye Lofts Apartments2BR/1.5BA2BR,1.5BA$1.10
UNION HOUSE APARTMENTS3 Bed 2 Bath3BR,2BA$1.26
Rolling Meadows Apartments3 bedroom/2bath3BR,2BA$0.96
Northern Place ApartmentsTwo Bedroom2BR,1BA$1.08
CityView Apartments2 Bed / 1 Bath2BR,1BA$1.10
The Meadows1 Bedroom 1 Bathroom1BR,1BA$1.40
114 W 14th St2 bed unit interior2BR,1BA$1.21
City Center Kent Apartments1 Bedroom1BR,1BA$1.33
Regency Apartments1 BD1BR,1BA$0.35
18 S Adams AveOne Bedroom1BR,1BA$0.95

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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.

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Best Local Schools in
Clear Lake, IA

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

Explore Clear Lake, IA Rentals by Map

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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 $200 at Regency Apartments.

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 $825 at 114 W 14th St.

What is the most affordable Clear Lake Three Bedroom Apartment?

The best deal on a cheap Clear Lake Three Bedroom Apartment rental is at Rolling Meadows 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.