
Cheap Homes for Rent in Clear Lake, IA from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Clear Lake.


1317 S 28th St

719 Cedar Ave
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.

226 Hawkeye Ave

1019 S 19th St

906 N Grand Ave

1013 11th Ave SW

302 7th Ave

312 N 7th St
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.

411 3rd Ln NE

109 8th St NW

623 N 21st St
Clear Lake, IA Local Guide

How much does it cost to rent a home in Clear Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Clear Lake 2 Bedroom Homes for Rent | $1,430 | $600 | $2,700 |
Clear Lake 3 Bedroom Homes for Rent | $1,235 | $900 | $1,500 |
Clear Lake 4 Bedroom Homes for Rent | $1,272 | $1,195 | $1,350 |
Browse Top Homes for Rent in Clear Lake
Explore Clear Lake
Clear Lake, IA Local Guide
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Cheapest Available Clear Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Clear Lake, IA is a Studio 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 $450. Here is today’s list of the most affordable Clear Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Shalom Tower II | Tower I Efficiency | Studio,1BA | $405 |
Key Apartments | Efficiency | Studio,1BA | $450 |
Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $450 |
City Center Kent Apartments | Studio | 1BR,1BA | $495 |
18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
Best Value Apartments for Rent in Clear Lake, IA and Nearby
As of May 25, 2025 the best value apartment in the Clear Lake area is the $1.36 price per square foot 2 Bedroom w/ Den Model at Skye Lofts Apartments in the starting from $1,900. The second greatest value Clear Lake apartment is the Unit 1 Model at Irish Hospital Apartments starting at $1,150 with a $1.35 price per square foot . Here is today’s list of the best values for Clear Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Skye Lofts Apartments | 2 Bedroom w/ Den | 2BR,1BA | $1.36 |
Irish Hospital Apartments | Unit 1 | 2BR,1BA | $1.35 |
Lincoln Apartments LLC | Apt. 17 | 2BR,1BA | $1.36 |
City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $0.74 |
Shalom Tower II | Tower II - One Bedroom | 1BR,1BA | $0.70 |
Webster Apartments | Apt. 10 | 2BR,1BA | $1.36 |
The Meadows | 1 Bedroom 1 Bath | 1BR,1BA | $1.27 |
Palisades | 1 Bed 1 Bath | 1BR,1BA | $1.29 |
Rolling Meadows Apartments | - 1 Bedroom/1 Bath Apartment in Excellent Loca... | 1BR,1BA | $1.40 |
18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
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.
Frequently Asked Questions about Clear Lake
What type of rentals are currently available in Clear Lake?
There are currently 46 Apartments for Rent in Clear Lake, IA with pricing that ranges from $405 to $2,325. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clear Lake ranging from $595 to $2,700.
What is the current price range for Rental Homes in Clear Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Clear Lake ranges from $595 to $2,700 with an average monthly rent of $1,141.
How much are larger Three and Four Bedroom Rentals in Clear Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Clear Lake range from $760 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $937.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.