Cheap Apartments for Rent in Lee, IL from $400 (20 Rentals)

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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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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.

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Blackhawk Apartments
1 to 2 Bedroom Apartments

Blackhawk Apartments

406 S 3rd StOregon, IL 61061
Senior Living
  • Utilities Included
property at 205 Sandra Ave

$775

1 Bedroom, 1 Bath Home for Rent

Available Now

205 Sandra Ave

MendotaIL61342

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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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. University Heights Apartments in the Devonaire Farms neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $780. 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
University Heights ApartmentsStStudio,1BA$780
The Terraces at Dekalb on Ridge DriveRidge Drive 1 Bed1BR,1BA$825
Colonial Townhouses2 TH2BR,1BA$1,052
Ashbury Court2B2BR,1BA$1,075

Best Value Apartments for Rent in Lee, IL and Nearby

As of February 05, 2026 the best value apartment in the Lee area is the $1.18 price per square foot 2E Model at York Meadow in the in the Whispering Meadows neighborhood starting from $2,200. The second greatest value Lee apartment is the Barrington Plaza Realty.. Model at Barrington Plaza Realty starting at $1,650 with a $0.98 price per square foot in the Devonaire Farms 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.
York Meadow2E3BR,2BA$1.18
Barrington Plaza RealtyBarrington Plaza Realty..5BR,2BA$0.98
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Amber Manor3 Bedroom Two Bathroom3BR,2BA$1.12
St. Albans Greens Townhouses and Apartments2 Bedrooom TH NEW2BR,2BA$1.49
Cortland EstatesThree Bedroom3BR,2BA$1.33
Lincolnshire West2bu2BR,1.5BA$1.71
Eco Park22BR,2BA$1.51
Ashbury Court2B2BR,1BA$1.30
University Heights ApartmentsStStudio ,1BA$1.80

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 $825 at The Terraces at Dekalb on Ridge Drive.

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 $925 at The Terraces at Dekalb on Ridge Drive.

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

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.