Cheap Apartments for Rent in Lenox, IA from $500 (56 Rentals)

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

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.

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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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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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Maryville Meadows
2 to 3 Bedroom Apartments

Maryville Meadows

324 E Summit DrMaryville, MO 64468
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303 W Lowell Ave
1 to 2 Bedroom Apartments

303 W Lowell Ave

303 W Lowell AveShenandoah, IA 51601
Corporate Housing

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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property at 407 H St

$750

1 Bedroom Rentals

Available Now

407 H St

HamburgIA51640

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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Lenox, IA Local Guide

Cheapest Available Lenox Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lenox, IA is a 1 Bed unit found at Parkway Village Apartments priced from $540. Tarkio Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Lenox apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkway Village ApartmentsOne Bedroom1BR,1BA$540
Tarkio Village Apartments1BR/1.0BA1BR,1BA$550
Red Oak 48-Unit (City View Apartments)1 Bedroom1BR,1BA$695
Foxwood ApartmentsA11BR,1BA$722
Timber Creek Apartments1 Bed/1 Bath1BR,1BA$725
University PointVO 2X12BR,1BA$725
Forest Cove2 Bedroom, 1 Bath2BR,1BA$725
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755
Woodland Park - Fontanelle1 BR1BR,1BA$775
Park Avenue Apartments2BR/1.0BA2BR,1BA$795

Best Value Apartments for Rent in Lenox, IA and Nearby

As of May 08, 2026 the best value apartment in the Lenox area is the $0.98 price per square foot Timberline Model at Timberline Ridge in the in the Glynn Village neighborhood starting from $2,350. The second greatest value Lenox apartment is the 3 Bedroom, Single-story Townhomes for rent in C... Model at Northern Plains by Kading starting at $985 with a $0.79 price per square foot . Here is today’s list of the best values for Lenox apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Timberline RidgeTimberline3BR,3BA$0.98
Northern Plains by Kading3 Bedroom, Single-story Townhomes for rent in C...3BR,2BA$0.79
Country Club Estates3 Bedroom 2 Bathroom3BR,2BA$0.93
Osceola Heights3 Bedroom, Single-story Townhomes for rent in...3BR,1BA$1.00
Sunrise Valley Trails Apartments2 bed2BR,1BA$0.99
University PointVO2X1R2BR,1BA$0.96
Forest Cove2 Bedroom, 1 Bath2BR,1BA$0.89
Park Avenue Apartments2BR/1.0BA2BR,1BA$0.99
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Parkway Village ApartmentsTwo Bedroom (updated)2BR,1BA$0.99

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

How much rent can you afford?

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!

Explore Lenox, IA Rentals by Map

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Frequently Asked Questions about Cheap Lenox Apartments

What is the Cheapest Studio apartment in Lenox?

Currently the most affordable Cheap Studio Apartment in Lenox is at Fountain Terrace listed at $795.

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

The lowest price for a Cheap One Bedroom Lenox Apartment is $540 at Parkway Village Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lenox is starting from $690 at Parkway Village Apartments.

What is the most affordable Lenox Three Bedroom Apartment?

The best deal on a cheap Lenox Three Bedroom Apartment rental is at Forest Cove and starts from $800.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.