
Cheap Homes for Rent near Lanesboro, IA from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lanesboro.


505 1/2 11th St

700 Central Ave

515 Mamie Eisenhower Ave

335 Elm St

334 Center St
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.

1109 Central Ave

614 N 12th St

729 Westridge Rd

727 Westridge Rd

5504 Kansas Dr

1411 9th Ave S
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.

4008 Ontario St
Lanesboro, IA Local Guide

How much does it cost to rent a home in Lanesboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lanesboro 2 Bedroom Homes for Rent | $967 | $750 | $1,300 |
| Lanesboro 3 Bedroom Homes for Rent | $1,751 | $1,200 | $2,210 |
| Lanesboro 4 Bedroom Homes for Rent | $1,790 | $1,000 | $2,395 |
| Lanesboro 6 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Top Homes for Rent in Lanesboro
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Lanesboro, IA Local Guide
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Cheapest Available Lanesboro Apartments for Rent and Nearby
 The cheapest available apartment rental in Lanesboro, IA is a 1 Bed unit found at Rolfe 20-Unit priced from $495. The Briza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $647. Here is today’s list of the most affordable Lanesboro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rolfe 20-Unit | 1 Bedroom | 1BR,1BA | $495 |
| The Briza | Renovated 1 Bedroom | 1BR,1BA | $647 |
| Midtown Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $650 |
| Hickory Ridge Apartments | 0 bed, 1 bath | Studio,1BA | $699 |
| Valley Railroad Apartments | 3 Bedroom | 3BR,2BA | $725 |
Best Value Apartments for Rent in Lanesboro, IA and Nearby
As of July 14, 2026 the best value apartment in the Lanesboro area is the $1.03 price per square foot 3515 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,000. The second greatest value Lanesboro apartment is the Hendrick A - Station Model at The Social West Ames® starting at $504 with a $0.42 price per square foot in the Fountainview neighborhood. Here is today’s list of the best values for Lanesboro apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walnut Ridge | 3515 Lincoln Way ( 4 bdrm ) | 4BR,3BA | $1.03 |
| The Social West Ames® | Hendrick A - Station | 3BR,2BA | $0.42 |
| The Madison Apartments | 3x3 Furnished | 3BR,3BA | $0.55 |
| Valley Railroad Apartments | 3 Bedroom | 3BR,2BA | $0.71 |
| William Pointe by Kading | Villa | 3BR,1BA | $0.92 |
| Cedar Pointe by Kading | Villa | 3BR,1BA | $1.04 |
| Hancock Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.97 |
| Sunrise Valley Trails Apartments | 2 bed | 2BR,1BA | $0.99 |
| Wyndsor Terrace | 2 bed 1 bath | 2BR,1BA | $1.01 |
| 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 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!
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Frequently Asked Questions about Lanesboro
What type of rentals are currently available in Lanesboro?
There are currently 67 Apartments for Rent in Lanesboro, IA with pricing that ranges from $350 to $2,370. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lanesboro ranging from $575 to $2,700.
What is the current price range for Rental Homes in Lanesboro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lanesboro ranges from $575 to $2,700 with an average monthly rent of $1,480.
How much are larger Three and Four Bedroom Rentals in Lanesboro?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lanesboro range from $499 to $2,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,210. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $350.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.