Cheap Homes for Rent in Lee, FL from $700 (15 Rentals)

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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.

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.

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.

Lee, FL Local Guide

Cheapest Available Lee Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lee, FL is a 2 Beds unit found at Preston Place Apartments priced from $669. Ramblewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here is today’s list of the most affordable Lee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Preston Place Apartments2 Bedroom2BR,2BA$669
RamblewoodOne Bed One Bath Standard1BR,1BA$855
Castlewood Apartments1 Bedroom1BR,1BA$896
Prosper Azalea CityB1L2BR,1BA$899
Ashton Meadows1 Bed, 1 bath1BR,1BA$934

Best Value Apartments for Rent in Lee, FL and Nearby

As of June 05, 2026 the best value apartment in the Lee area is the $0.50 price per square foot 3 Bed 3 Bath Model at Vita at Sustella in the starting from $675. The second greatest value Lee apartment is the 3/2 Townhome Model at Treeloft Apartments starting at $1,299 with a $0.96 price per square foot . Here is today’s list of the best values for Lee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vita at Sustella3 Bed 3 Bath3BR,3BA$0.50
Treeloft Apartments3/2 Townhome3BR,2BA$0.96
The Retreat at Pineview3x23BR,2BA$1.01
Baytree CondominiumsDownstairs 2x2 with Side Patio2BR,2BA$1.09
The Grand at Lake SheriC1 Luxe3BR,3BA$1.06
West Towne Cottages3 Bedroom3BR,2BA$1.12
Preston Place Apartments2 Bedroom2BR,2BA$0.63
1425 E. Park Avenue2/22BR,2BA$0.95
The Gates - Student Housing2BR/2BA Standard2BR,2BA$0.66
Brooks TraceTwo Bedroom2BR,2BA$1.16

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.

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Real 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.

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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lee

What type of rentals are currently available in Lee?

There are currently 48 Apartments for Rent in Lee, FL with pricing that ranges from $599 to $2,075. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lee ranging from $700 to $3,500.

What is the current price range for Rental Homes in Lee?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lee ranges from $700 to $3,500 with an average monthly rent of $1,773.

How much are larger Three and Four Bedroom Rentals in Lee?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lee range from $660 to $2,075, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,399.

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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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.