Cheap Apartments for Rent in Lester, IA from $300 (29 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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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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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
  • Utilities Included
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City Centre Apartments
Studio to 3 Bedroom Apartments

City Centre Apartments

109 E Luverne StLuverne, MN 56156
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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
  • Utilities Included

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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property at 1418 Kayla Pl

$999

2 Bedroom Rentals

Available Now

1418 Kayla Pl

HarrisburgSD57032
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Lester, IA Local Guide

Cheapest Available Lester Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lester, IA is a 1 Bed unit found at Harper Point Apartments in the Southeast Sioux Falls neighborhood priced from $750. Dublin Square Apartments and Townhomes in the Southeast Sioux Falls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here is today’s list of the most affordable Lester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harper Point Apartments1 Bed, 1 Bath1BR,1BA$750
Dublin Square Apartments and TownhomesStudio Bedroom / 1 BathroomStudio,1BA$765
Whisper Ridge CommonsStudio (A)Studio,1BA$808
Willows EdgeApartment Style StudioStudio,1BA$825
Graystone Heights Luxury Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$838
Willows South CommonsStudioStudio,1BA$860
Ridgeview Residence0BR/1.0BAStudio,1BA$875
Aspen Ridge Reserve1 Bedroom 1 Bathroom Apartment1BR,1BA$895
Split Rock Village Apartments & TownhomesApartment StudioStudio,1BA$895
Whisper Creek VillageStudioStudio,1BA$895

Best Value Apartments for Rent in Lester, IA and Nearby

As of February 21, 2026 the best value apartment in the Lester area is the $1.15 price per square foot 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes in the starting from $1,650. The second greatest value Lester apartment is the 3 Bedroom, 2.5 Bathroom Model at Graystone Townhomes starting at $1,660 with a $1.25 price per square foot . Here is today’s list of the best values for Lester apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sundance Ridge Townhomes3 Beds, 2.5 baths3BR,2.5BA$1.15
Graystone Townhomes3 Bedroom, 2.5 Bathroom3BR,2.5BA$1.25
Valley Vue Apartments3 Bedroom 2 Bathroom3BR,2BA$1.19
Ridgeview Residence2 Bedroom 2 Bath (1215 sq ft)2BR,2BA$0.99
Willows East Commons2 Bedroom 1.5 Bathroom2BR,1.5BA$1.30
Eastern Hills Apartments2BR/1.0BA2BR,1BA$0.96
Joslyn Heights Apartments2 Bed 1 Bath Apartment2BR,1BA$1.10
Sunrise Apartments1B/1B1BR,1BA$1.19
The Meadows on Graystone1 Bedroom / 1 Bathroom1BR,1BA$1.28
Harper Point Apartments1 Bed, 1 Bath1BR,1BA$1.21

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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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 Lester, IA Rentals by Map

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See the most popular apartments and homes in Lester, IA

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Frequently Asked Questions about Cheap Lester Apartments

What is the Cheapest Studio apartment in Lester?

Currently the most affordable Cheap Studio Apartment in Lester is at Dublin Square Apartments and Townhomes listed at $765.

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

The lowest price for a Cheap One Bedroom Lester Apartment is $750 at Harper Point Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lester is starting from $975 at Eastern Hills Apartments.

What is the most affordable Lester Three Bedroom Apartment?

The best deal on a cheap Lester Three Bedroom Apartment rental is at Briarwood Reserve Apartments and starts from $1,285.

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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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.

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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.