
Cheap Homes for Rent in Lenox, IA from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lenox.


407 H St

625 Main St

310 S 11th St

523 S 11th St

1010 Grove St
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.

161 S Walnut St

1340 SE Florence Dr

202 S 11th St

1760 SE LA Grant Pkwy

209 W Jefferson St

415 NW Poplar Ave
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.

613 Polk St
Lenox, IA Local Guide

How much does it cost to rent a home in Lenox?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lenox 2 Bedroom Homes for Rent | $1,283 | $755 | $1,875 |
| Lenox 3 Bedroom Homes for Rent | $1,896 | $1,350 | $2,395 |
| Lenox 4 Bedroom Homes for Rent | $2,414 | $1,995 | $3,100 |
| Lenox 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
Browse Top Homes for Rent in Lenox
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Lenox, IA Local Guide
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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. 1209 Maple St 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkway Village Apartments | One Bedroom | 1BR,1BA | $540 |
| 1209 Maple St | 1 BED / 1 BATH | 1BR,1BA | $550 |
| Red Oak 48-Unit (City View Apartments) | 1 Bedroom | 1BR,1BA | $695 |
| Foxwood Apartments | A1 | 1BR,1BA | $718 |
| University Point | VO 2X1 | 2BR,1BA | $725 |
Best Value Apartments for Rent in Lenox, IA and Nearby
As of May 30, 2026 the best value apartment in the Lenox area is the $1.08 price per square foot Platinum Pointe - 3 Bed Model at Platinum Pointe Townhomes in the starting from $2,600. The second greatest value Lenox apartment is the Cottage - 3 Model at Vesta Village by Kading starting at $1,235 with a $1.00 price per square foot . Here is today’s list of the best values for Lenox apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Platinum Pointe Townhomes | Platinum Pointe - 3 Bed | 3BR,3BA | $1.08 |
| Vesta Village by Kading | Cottage - 3 | 3BR,2BA | $1.00 |
| Osceola Heights | Craftsman | 3BR,2BA | $1.09 |
| Linden West | 2 bed 2 bath w/out laundry | 2BR,2BA | $1.05 |
| Forest Cove | 3 Bedroom, 1 Bath | 3BR,1BA | $0.78 |
| Sunrise Valley Trails Apartments | 2 bed | 2BR,1BA | $0.99 |
| University Point | VO2X1R | 2BR,1BA | $0.96 |
| Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $0.94 |
| Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
| Parkway Village Apartments | Two 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Lenox, IA
Frequently Asked Questions about Lenox
What type of rentals are currently available in Lenox?
There are currently 61 Apartments for Rent in Lenox, IA with pricing that ranges from $540 to $3,200. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lenox ranging from $735 to $3,100.
What is the current price range for Rental Homes in Lenox?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lenox ranges from $735 to $3,100 with an average monthly rent of $1,815.
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

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.

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.

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.

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.