
Cheap Homes for Rent in Lee, IL from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lee.


908 Greenbrier Rd

403 W Main St

330 W Sycamore St
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.

160 Liberty Ln

234 S Emmett St

39 E Church St

800 Ave B
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.

116 Primrose Ln
Lee, IL Local Guide

How much does it cost to rent a home in Lee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lee 2 Bedroom Homes for Rent | $1,804 | $1,050 | $3,045 |
| Lee 3 Bedroom Homes for Rent | $2,178 | $1,450 | $3,475 |
| Lee 4 Bedroom Homes for Rent | $2,604 | $2,000 | $3,000 |
| Lee 5 Bedroom Homes for Rent | $2,450 | $2,400 | $2,500 |
Browse Top Homes for Rent in Lee
Explore Lee
Lee, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Terraces at Dekalb | Russell Road Studio | Studio,1BA | $725 |
| University Heights Apartments | St | Studio,1BA | $780 |
| The Terraces at Dekalb on Ridge Drive | Ridge Drive 1 Bed | 1BR,1BA | $825 |
Best Value Apartments for Rent in Lee, IL and Nearby
As of December 22, 2025 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| York Meadow | 2E | 3BR,2BA | $1.18 |
| Barrington Plaza Realty | Barrington Plaza Realty.. | 5BR,2BA | $0.98 |
| Bristol Bay of Yorkville | Accera | 2BR,2.5BA | $1.74 |
| Amber Manor | 3 Bedroom Two Bathroom | 3BR,2BA | $1.11 |
| St. Albans Greens Townhouses and Apartments | 2 Bedrooom TH NEW | 2BR,2BA | $1.49 |
| Ashbury Court | 2B | 2BR,1BA | $1.24 |
| Varsity Square Apartments | Small Corner 1 Bedroom | 1BR,1BA | $1.81 |
| The Terraces at Dekalb | Lincoln Hwy 1 Bed | 1BR,1BA | $1.95 |
| University Heights Apartments | St | Studio ,1BA | $1.80 |
| University Plaza Apartments | A1 Floor Plan | 1BR,1BA | $3.12 |
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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lee, IL Rentals by Map
See the most popular apartments and homes in Lee, IL
Frequently Asked Questions about Lee
What type of rentals are currently available in Lee?
There are currently 40 Apartments for Rent in Lee, IL with pricing that ranges from $450 to $2,270. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lee ranging from $650 to $3,475.
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 $650 to $3,475 with an average monthly rent of $1,833.
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 $789 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,475. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,090.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.