
Cheap Apartments for Rent near Lester, IA from $599 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Lester.


Harper Point Apartments

Dublin Square Apartments and Townhomes

Briarwood Reserve Apartments

Whisper Ridge Commons

Aspen Ridge Reserve

Grand Teton Estates Apartments

Willows South Commons
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Willows Edge Commons

Silverthorne Flats

Split Rock Village Apartments & Townhomes

Whisper Creek Village

Briarwood Apartments

Sunrise Apartments

The Meadows on Graystone

Villas at Canyon Creek Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Carlton at Dawley

Millstone Commons

Welcome to Huntington Village

Joslyn Heights Apartments

The Wondery

Graystone Heights Luxury Apartments

HOME - FIELD APARTMENTS I

The Bluffs at Willow Run
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
PrairiE Lofts A and B

The Nova

Graystone Townhomes

Chestnut Ridge

Damax Apartments

Rosewood Heights Apartments

City Centre Apartments

Oakwood Apartments
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.

Eagle Creek Apartments

1101 E 9th St

Valley Vue Apartments

904 N Blauvelt Ave

Eastern Hills Apartments

1420 E Redwood Blvd

1422 E Redwood Blvd

1428 E 4th 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.
Lester, IA Local Guide

How much does it cost to rent an apartment in Lester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lester Studio Apartments | $871 | $599 | $1,005 |
| Lester 1 Bedroom Apartments | $1,088 | $775 | $2,012 |
| Lester 2 Bedroom Apartments | $1,363 | $800 | $3,005 |
| Lester 3 Bedroom Apartments | $1,708 | $1,295 | $2,785 |
| Lester 4 Bedroom Apartments | $2,150 | $2,150 | $2,150 |
Browse Top Apartments in Lester
See all Apartments in LesterExplore Lester
Lester, IA Local Guide
- Nearby Cities
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Cheapest Available Lester Apartments for Rent and Nearby
 The cheapest available apartment rental in Lester, IA is a Studio unit found at Ridgeview Place Apartments in the Mystic Meadows neighborhood priced from $599. Harper Point Apartments in the Southeast Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Lester apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Place Apartments | 0BR/1.0BA | Studio,1BA | $599 |
| Harper Point Apartments | 1 Bed, 1 Bath | 1BR,1BA | $775 |
| Dublin Square Apartments and Townhomes | Studio Bedroom / 1 Bathroom | Studio,1BA | $775 |
| Briarwood Reserve Apartments | Studio Apartment | Studio,1BA | $790 |
| Whisper Ridge Commons | S | Studio,1BA | $795 |
| Grand Teton Estates Apartments | 2BR/1.0BA | 2BR,1BA | $800 |
| Aspen Ridge Reserve | Studio Apartment | Studio,1BA | $800 |
| Willows Edge Commons | Apartment Style Studio | Studio,1BA | $845 |
| Silverthorne Flats | 1E | Studio,1BA | $875 |
| Split Rock Village Apartments & Townhomes | Apartment Studio | Studio,1BA | $895 |
Best Value Apartments for Rent in Lester, IA and Nearby
As of September 13, 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 in the Southeast Sioux Falls neighborhood starting from $1,650. The second greatest value Lester apartment is the Cottonwood Model at Welcome to Huntington Village starting at $1,375 with a $1.17 price per square foot in the Mystic Meadows neighborhood. Here is today’s list of the best values for Lester apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sundance Ridge Townhomes | 3 Beds, 2.5 baths | 3BR,2.5BA | $1.15 |
| Welcome to Huntington Village | Cottonwood | 2BR,2BA | $1.17 |
| HOME - FIELD APARTMENTS I | 2BR/1.0BA | 2BR,1BA | $1.07 |
| Sunrise Apartments | 2B/1B | 2BR,1BA | $1.08 |
| Briarwood Apartments | 2 Bedroom Layout | 2BR,1BA | $0.91 |
| Valley Vue Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.29 |
| Joslyn Heights Apartments | 2 Bed 1 Bath Apartment | 2BR,1BA | $1.06 |
| Willows South Commons | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.22 |
| Grand Teton Estates Apartments | 2BR/1.0BA | 2BR,1BA | $1.00 |
| Harper Point Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.25 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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!
Explore Lester, IA Rentals by Map
See the most popular apartments and homes in Lester, IA
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 Ridgeview Place Apartments listed at $599.
How much is rent for a Cheap One Bedroom Lester Apartment?
The lowest price for a Cheap One Bedroom Lester Apartment is $775 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 $800 at Grand Teton Estates 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 $1,295.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.