
Cheap Homes for Rent in Lee County, IL from $700 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Lee County.


661 Reynoldswood Rd, Unit 1
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.

211 Wyoming Ave

3494 Howlett Rd
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.
Lee County, IL Local Guide

How much does it cost to rent a home in Lee County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lee County 2 Bedroom Homes for Rent | $1,650 | $1,650 | $1,650 |
| Lee County 3 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Homes for Rent in Lee County
Explore Lee County
Best Value Apartments for Rent in Lee County, IL
As of May 05, 2026 the best value apartment in the Lee County area is the $0.94 price per square foot 103 S Spring St Model at 103 S Spring St in the starting from $750. The second greatest value Lee County apartment is the 316 Chicago Rd Model at 316 Chicago Rd, Unit 1 starting at $895 with a $1.19 price per square foot . Here is today’s list of the best values for Lee County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 103 S Spring St | 103 S Spring St | 2BR,1BA | $0.94 |
| 316 Chicago Rd, Unit 1 | 316 Chicago Rd | 1BR,1BA | $1.19 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $1.03 |
Frequently Asked Questions about Lee County
What type of rentals are currently available in Lee County?
There are currently 24 Apartments for Rent in Lee County, IL with pricing that ranges from $650 to $1,500. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lee County ranging from $780 to $2,900.
What is the current price range for Rental Homes in Lee County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lee County ranges from $780 to $2,900 with an average monthly rent of $1,776.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.