Cheap Apartments for Rent in Lester, IA from $500 (21 Rentals)

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

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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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109 E Luverne St
1 to 2 Bedroom Apartments

109 E Luverne St

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

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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Lester, IA Local Guide

Cheapest Available Lester Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lester, IA is a Studio unit found at Aspen Ridge Reserve priced from $750. Willows Edge in the Mystic Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Lester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aspen Ridge ReserveStudio ApartmentStudio,1BA$750
Willows EdgeApartment Style StudioStudio,1BA$795
Briarwood Reserve Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$820
Whisper Ridge CommonsStudio (A)Studio,1BA$830
Willows South CommonsStudioStudio,1BA$850

Best Value Apartments for Rent in Lester, IA and Nearby

As of August 02, 2025 the best value apartment in the Lester area is the $1.11 price per square foot 4 Bedroom 2.5 Bathroom Model at Augusta Townhomes in the starting from $2,298. The second greatest value Lester apartment is the 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes starting at $1,750 with a $1.22 price per square foot in the Southeast Sioux Falls neighborhood. 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.
Augusta Townhomes4 Bedroom 2.5 Bathroom4BR,2.5BA$1.11
Sundance Ridge Townhomes3 Beds, 2.5 baths3BR,2.5BA$1.22
Graystone Townhomes2 Bedroom, 2.5 Bathroom2BR,2.5BA$1.10
Dublin Square Apartments and Townhomes3 Bedrooms / 2 Bathrooms3BR,2BA$1.22
Eastern Hills Apartments2BR/1.0BA2BR,1BA$0.88
Briarwood Apartments2 BEDROOM2BR,1BA$0.91
Joslyn Heights Apartments2 Bed 1 Bath Apartment2BR,1BA$1.07
Ridgeview Residence1 BEDROOM1BR,1BA$1.11
Sunrise Apartments1B/1B1BR,1BA$1.19
The Meadows on Graystone1 Bedroom / 1 Bathroom1BR,1BA$1.23

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Lester, IA

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Aspen Ridge Reserve listed at $750.

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

The lowest price for a Cheap One Bedroom Lester Apartment is $760 at Aspen Ridge Reserve.

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 $995 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 The Meadows on Graystone and starts from $1,308.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.