
Cheap Apartments for Rent in Lake Park, IA from $600 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Park.


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501 W 1st St S

812 Hills Ave

15 N Lawler St, Unit 1

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Eytcheson Estates Sherburn

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Eytcheson Estates Welcome

Tallgrass Village

Park View Apartments

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Sunshine Apartments

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1212 Heckman Ct
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.

Windcrest Village I & II

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Downtown Estates

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Lewis Hotel Apartments

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Okabena Tower 62+

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Hartshorn Manor

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Fair View by Kading

233 N 2nd Ave E

Deer Creek Apartments

The Shores at Spirit Lake

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Ashley Estates
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.

635 8th Ave SW

401 N Elm St

Cypress Pointe Apartments

Cypress Pointe Emmetsburg

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Circle Pines Apartments

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Trimont Square Apartments

The Banks Apartments

601 W 2ND ST, Unit A

509 West 1st Street, Unit 1

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South Shore Apartments
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.

1204 Hill Ave

807 Albion Ave

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LAKESIDE APTS OF WINDOM

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PrairiE Lofts A and B

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Windom Landing

34 Rainbow Dr

Willow Creek Place

Stately Manor Apartments

Dodecagon Plaza

Westside Apartments
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.

Rolfe 20-Unit

Damax Apartments

Rosewood Heights Apartments

Tanglewood Estates

Buffalo Ridge Apartments

Pheasant Run Apartments

City Centre Apartments

Oakwood Apartments

Milwaukee Manor Apartments

Seneca Place Apartments
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.
Lake Park, IA Local Guide

How much does it cost to rent an apartment in Lake Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Park Studio Apartments | $810 | $715 | $1,050 |
| Lake Park 1 Bedroom Apartments | $907 | $665 | $1,245 |
| Lake Park 2 Bedroom Apartments | $1,212 | $695 | $1,495 |
| Lake Park 3 Bedroom Apartments | $1,602 | $1,245 | $1,850 |
| Lake Park 4 Bedroom Apartments | $1,152 | $1,100 | $1,725 |
Browse Top Apartments in Lake Park
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Lake Park, IA Local Guide
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Cheapest Available Lake Park Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Park, IA is a 1 Bed unit found at Rolfe 20-Unit priced from $495. 501 W 1st St S has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Lake Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rolfe 20-Unit | 1 Bedroom | 1BR, 1BA | $495 |
| 501 W 1st St S | 2 BED/1 BATH | 2BR, 1BA | $600 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR, 1BA | $701 |
| Tallgrass Village | Studio Apartment | Studio, 1BA | $715 |
| Park View Apartments | 1 Bed/ 1 Bath | 1BR, 1BA | $725 |
| Sunshine Apartments | 1 Bedroom and 1 bathroom | 1BR, 1BA | $725 |
| 1212 Heckman Ct | Studio | Studio, 1BA | $750 |
| Seneca Place Apartments | 1 Bedroom | 1BR, 1BA | $775 |
| Downtown Estates | 1 Bed, 1 bath | 1BR, 1BA | $795 |
| Lewis Hotel Apartments | Studio | Studio, 1BA | $800 |
Best Value Apartments for Rent in Lake Park, IA and Nearby
As of September 22, 2026 the best value apartment in the Lake Park area is the $0.76 price per square foot 4bed/2bath Model at Windom Landing starting from $1,100. The second greatest value Lake Park apartment is the Three Bedroom Model at 219 6th St SW starting at $1,300 with a $1.06 price per square foot. Here is today’s list of the best values for Lake Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windom Landing | 4bed/2bath | 4BR, 2BA | $0.76 |
| 219 6th St SW | Three Bedroom | 3BR, 2BA | $1.06 |
| 1212 Heckman Ct | Studio | Studio, 1BA | $0.83 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR, 1BA | $1.04 |
| Fair View by Kading | Cottage - 2 | 2BR, 1BA | $1.00 |
| Nobles Square Apartments | 2 Bedroom | 2BR, 1BA | $1.11 |
| Downtown Estates | 1 Bed, 1 bath | 1BR, 1BA | $0.99 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR, 1BA | $0.93 |
| 501 W 1st St S | 1 BED/1 BATH | 1BR, 1BA | $0.84 |
| Rolfe 20-Unit | 2 Bedroom | 2BR, 1BA | $0.97 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Park, IA Rentals by Map
See the most popular apartments and homes in Lake Park, IA
Frequently Asked Questions about Cheap Lake Park Apartments
What is the Cheapest Studio apartment in Lake Park?
Currently the most affordable Cheap Studio Apartment in Lake Park is at Tallgrass Village listed at $715.
How much is rent for a Cheap One Bedroom Lake Park Apartment?
The lowest price for a Cheap One Bedroom Lake Park Apartment is $495 at Rolfe 20-Unit.
What is the lowest price for a Cheap Two Bedroom Lake Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Park is starting from $595 at Rolfe 20-Unit.
What is the most affordable Lake Park Three Bedroom Apartment?
The best deal on a cheap Lake Park Three Bedroom Apartment rental is at Seneca Place 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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.