415 Boone St
BooneIA50036
Cheap Homes for Rent in Lake City, IA from $400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Lake City.
1317 S 28th St
Fort DodgeIA50501
226 Hawkeye Ave
Fort DodgeIA50501
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.
614 N 12th St
Fort DodgeIA50501
1411 Georgia Ave
AmesIA50014
639 2nd St
Webster CityIA50595
1019 S 19th St
Fort DodgeIA50501
106 Ash St
LakesideIA50588
4406 Castlewood Pl
AmesIA50014
815 William St
Webster CityIA50595
323 N Franklin Ave
AmesIA50014
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.
623 N 21st St
Fort DodgeIA50501
Showing Results 1-12, Page 1 of 1
Lake City, IA Local Guide
Wind turbine in the fields by Don Graham is licensed under CC BY 2.0
How much does it cost to rent a home in Lake City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake City 2 Bedroom Homes for Rent | $890 | $600 | $1,300 |
| Lake City 3 Bedroom Homes for Rent | $1,356 | $925 | $2,300 |
Browse Top Homes for Rent in Lake City
Explore Lake City
Lake City, IA Local Guide
- Nearby Cities
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Cheapest Available Lake City Apartments for Rent and Nearby
The cheapest available apartment rental in Lake City, IA is a 2 Beds unit found at Rolfe 20-Unit priced from $500. Valley Railroad Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $595. Here is today’s list of the most affordable Lake City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $500 |
| Valley Railroad Apartments | 2 bedroom | 2BR,1BA | $595 |
| Woodland Park - Manson | 1 BR | 1BR,1BA | $600 |
| College Creek Apartments | Studio, 1 bath | Studio,1BA | $670 |
| Western Hills Apartments | 1 Bed, 1 bath | 1BR,1BA | $745 |
Best Value Apartments for Rent in Lake City, IA and Nearby
As of June 18, 2025 the best value apartment in the Lake City area is the $1.06 price per square foot 3 BR 2.5 BA Model at Perry Townhomes in the starting from $1,495. The second greatest value Lake City apartment is the 3x3 Furnished Model at The Madison starting at $574 with a $0.53 price per square foot in the Fountainview neighborhood. Here is today’s list of the best values for Lake City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Perry Townhomes | 3 BR 2.5 BA | 3BR,2.5BA | $1.06 |
| The Madison | 3x3 Furnished | 3BR,3BA | $0.53 |
| Alpine Manor Apartments | 3 Bedroom, 2 Bath Remodel | 3BR,2BA | $1.12 |
| Valley Railroad Apartments | 3 Bedroom | 3BR,2BA | $0.68 |
| Western Hills Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.05 |
| 839-841 Dickinson Ave | 3 BR/ 2 BA | 3BR,2BA | $1.10 |
| SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.08 |
| Point at Ames | Frisco A | 2BR,2BA | $1.05 |
| Summerset Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
| Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.82 |
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Frequently Asked Questions about Lake City
What type of rentals are currently available in Lake City?
There are currently 54 Apartments for Rent in Lake City, IA with pricing that ranges from $404 to $2,370. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $465 to $2,397.
What is the current price range for Rental Homes in Lake City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake City ranges from $465 to $2,397 with an average monthly rent of $1,277.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.