Cheap Apartments for Rent in Lee County, IA from $500 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lee County.

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Henzel building
Studio to 3 Bedroom Apartments

Henzel building

418 N Main StDonnellson, IA 52625
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1714 354th Ave
2 Bedroom Apartments

1714 354th Ave

1714 354th AveWever, IA 52658
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Richards Drive
2 Bedroom Apartments

Richards Drive

1 Richards DrKeokuk, IA 52632

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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104 S Oak St
1 to 3 Bedroom Apartments

104 S Oak St

104 S Oak StDonnellson, IA 52625
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407 Blondeau St
1 to 2 Bedroom Apartments

407 Blondeau St

407 Blondeau StKeokuk, IA 52632
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Keokuk Park
2 to 3 Bedroom Apartments

Keokuk Park

868 Johnson Street RdKeokuk, IA 52632
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Chateau Apartments
1 to 2 Bedroom Apartments

Chateau Apartments

114 26th StFort Madison, IA 52627
  • Utilities Included

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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Madison Apartments
1 to 2 Bedroom Apartments

Madison Apartments

3421 Avenue NFort Madison, IA 52627
  • Utilities Included

Cheapest Available Lee County Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
School House ApartmentsStudio1BR,1BA$950

Best Value Apartments for Rent in Lee County, IA

As of July 16, 2026 the best value apartment in the Lee County area is the $0.73 price per square foot 415 Avenue E Model at 415 Avenue E, Unit Unit3 in the in the Pershing Place neighborhood starting from $875. The second greatest value Lee County apartment is the Studio Model at School House Apartments starting at $950 with a $1.12 price per square foot in the Pershing Place neighborhood. Here is today’s list of the best values for Lee County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
415 Avenue E, Unit Unit3415 Avenue E2BR,1BA$0.73
School House ApartmentsStudioStudio ,1BA$1.12
602 11th St, Unit #3602 11th St2BR,1BA$0.87
822 Avenue F, Unit 2C822 Avenue F2BR,1BA$1.17
820 Avenue F, Unit 1C820 Avenue F2BR,1BA$1.17

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

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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

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.

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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.