Cheap Apartments for Rent in Lee County, IA from $500 (14 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
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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

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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Keokuk Park
2 to 3 Bedroom Apartments

Keokuk Park

868 Johnson Street RdKeokuk, IA 52632
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407 Morgan St
1 Bedroom Apartments

407 Morgan St

407 Morgan StKeokuk, IA 52632
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814 Avenue F
2 to 3 Bedroom Apartments

814 Avenue F

814 Avenue FFort Madison, IA 52627
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727 Exchange St
1 Bedroom Apartments

727 Exchange St

727 Exchange StKeokuk, IA 52632
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Chateau Apartments
1 to 2 Bedroom Apartments

Chateau Apartments

114 26th StFort Madison, IA 52627
  • Utilities Included
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Madison Apartments
1 to 2 Bedroom Apartments

Madison Apartments

3421 Avenue NFort Madison, IA 52627
  • Utilities Included

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.

Cheapest Available Lee County Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Keokuk Family Flats2 Beds, 1.5 baths2BR,1BA$899
School House Apartments1 Bedroom and 1 Bath1BR,1BA$900

Best Value Apartments for Rent in Lee County, IA

As of January 05, 2026 the best value apartment in the Lee County area is the $0.79 price per square foot 209 7th St Model at 209 7th St, Unit Apartment 1 in the starting from $950. The second greatest value Lee County apartment is the 1 Bedroom and 1 Bath Model at School House Apartments starting at $900 with a $1.00 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.
209 7th St, Unit Apartment 1209 7th St2BR,1BA$0.79
School House Apartments1 Bedroom and 1 Bath1BR,1BA$1.00
Keokuk Family Flats2 Beds, 1.5 baths2BR,1.5BA$1.08

Frequently Asked Questions about Cheap Lee County Apartments

What types of apartments are the cheapest in Lee County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Lee County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!