Cheap Apartments for Rent in Lee County, IL from $500 (18 Rentals)

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

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105 N Elm St
1 to 3 Bedroom Apartments

105 N Elm St

105 N Elm StFranklin Grove, IL 61031
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1136 Inlet Rd
2 Bedroom Apartments

1136 Inlet Rd

1136 Inlet RdAmboy, IL 61310
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1106 4th Ave
2 Bedroom Apartments

1106 4th Ave

1106 4th AveDixon, IL 61021

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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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185 W Hawley St
1 Bedroom Apartments

185 W Hawley St

185 W Hawley StAmboy, IL 61310
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1231 N Galena Ave
Studio to 3 Bedroom Apartments

1231 N Galena Ave

1231 N Galena AveDixon, IL 61021
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Amboy
1 to 2 Bedroom Apartments

Amboy

86 W Hawley StAmboy, IL 61310
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403 S Ottawa Ave
1 Bedroom Apartments

403 S Ottawa Ave

403 S Ottawa AveDixon, IL 61021
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309 Alan St
1 to 2 Bedroom Apartments

309 Alan St

309 Alan StAshton, IL 61006

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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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Dixon Manor
1 to 2 Bedroom Apartments

Dixon Manor

601 Countryside LnDixon, IL 61021
  • Utilities Included
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Amboy Manor
1 to 2 Bedroom Apartments

Amboy Manor

13 North East AveAmboy, IL 61310
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Dixon Manor Apartments
1 to 2 Bedroom Apartments

Dixon Manor Apartments

118-122 E Fellows StDixon, IL 61021
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Cheapest Available Lee County Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Dixon River Apartments2BD/2BA2BR,1BA$775
1231 N Galena Ave2 Beds, 1 Baths2BR,1BA$950

Best Value Apartments for Rent in Lee County, IL

As of June 24, 2026 the best value apartment in the Lee County area is the $0.79 price per square foot 2 Beds, 1 Baths Model at 1231 N Galena Ave in the starting from $950. The second greatest value Lee County apartment is the 205 S Boyd Ave Model at 205 S Boyd Ave, Unit #1 starting at $850 with a $0.71 price per square foot . 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.
1231 N Galena Ave2 Beds, 1 Baths2BR,1BA$0.79
205 S Boyd Ave, Unit #1205 S Boyd Ave2BR,1BA$0.71
Dixon River Apartments2BD/2BA2BR,1BA$0.92

Frequently Asked Questions about Cheap Lee County Apartments

What is the lowest price for a Cheap Two Bedroom Lee County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lee County is starting from $775 at Dixon River Apartments.

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

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.