Cheap Apartments for Rent in Lee, IL from $400 (22 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-22, Page 1 of 1

Lee, IL Local Guide

Cheapest Available Lee Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lee, IL is a Studio unit found at The Terraces at Dekalb in the Devonaire Farms neighborhood priced from $725. Willis Senior Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Lee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Terraces at DekalbRussell Road StudioStudio,1BA$725
Willis Senior Lofts1 Bedroom1BR,1BA$800
103 W Railroad St1 bedroom apt1BR,1BA$800
New Suburban ApartmentsStudioStudio,1BA$800
The Terraces at Dekalb on Ridge DriveRidge Drive 1 Bed1BR,1BA$825

Best Value Apartments for Rent in Lee, IL and Nearby

As of May 31, 2025 the best value apartment in the Lee area is the $0.92 price per square foot 4 TH Model at Mason Townhouse Suites in the in the Devonaire Farms neighborhood starting from $2,030. The second greatest value Lee apartment is the Campania End Model at Bristol Bay of Yorkville starting at $2,985 with a $1.73 price per square foot in the Blackberry Crossing West neighborhood. 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.
Mason Townhouse Suites4 TH4BR,3BA$0.92
Bristol Bay of YorkvilleCampania End3BR,2.5BA$1.73
Barrington Plaza RealtyBarrington Plaza Realty..5BR,2BA$0.98
St. Albans Greens Townhouses and Apartments2 Bedrooom TH NEW2BR,2BA$1.33
Eco Park33BR,2BA$1.28
Cornerstone Dekalb Apartments1 BD | 1 BA1BR,1BA$1.61
Ashbury Court2B2BR,1BA$1.18
Willis Senior Lofts1 Bedroom1BR,1BA$1.26
Varsity Square Apartments1 Bedroom without dining room1BR,1BA$1.69
103 W Railroad St1 bedroom apt1BR,1BA$1.78

Quick Rent Budget Calculator

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

Explore Lee, IL Rentals by Map

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See the most popular apartments and homes in Lee, IL

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Getting Around Lee, IL

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lee Apartments

What is the Cheapest Studio apartment in Lee?

Currently the most affordable Cheap Studio Apartment in Lee is at The Terraces at Dekalb listed at $725.

How much is rent for a Cheap One Bedroom Lee Apartment?

The lowest price for a Cheap One Bedroom Lee Apartment is $800 at Willis Senior Lofts.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lee is starting from $975 at Ashbury Court.

What is the most affordable Lee Three Bedroom Apartment?

The best deal on a cheap Lee Three Bedroom Apartment rental is at The Terraces at Dekalb and starts from $1,025.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.