
Cheap Homes for Rent in Lester, IA from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Lester.


316 N Van Eps Ave

820 N Cedar St

1418 Kayla Pl
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.

3010 S Phillips Ave

1529 E 8th St

1428 E 4th St

419 S Bartlett St
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.
Lester, IA Local Guide

How much does it cost to rent a home in Lester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lester 2 Bedroom Homes for Rent | $1,261 | $599 | $1,725 |
| Lester 3 Bedroom Homes for Rent | $1,850 | $1,295 | $2,900 |
| Lester 4 Bedroom Homes for Rent | $2,481 | $1,600 | $3,500 |
| Lester 5 Bedroom Homes for Rent | $2,999 | $2,599 | $3,400 |
Browse Top Homes for Rent in Lester
Explore Lester
Lester, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lester Apartments for Rent and Nearby
 The cheapest available apartment rental in Lester, IA is a 1 Bed unit found at Briarwood Reserve Apartments in the Southeast Sioux Falls neighborhood priced from $745. Harper Point Apartments in the Southeast Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Lester apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Briarwood Reserve Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $745 |
| Harper Point Apartments | 1 Bed, 1 Bath | 1BR,1BA | $750 |
| Aspen Ridge Reserve | Studio Apartment | Studio,1BA | $757 |
Best Value Apartments for Rent in Lester, IA and Nearby
As of January 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 3 Bedroom, 2.5 Bathroom Model at Graystone Townhomes starting at $1,660 with a $1.25 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sundance Ridge Townhomes | 3 Beds, 2.5 baths | 3BR,2.5BA | $1.15 |
| Graystone Townhomes | 3 Bedroom, 2.5 Bathroom | 3BR,2.5BA | $1.25 |
| Eastern Hills Apartments | 2BR/1.0BA | 2BR,1BA | $0.81 |
| Willows East Commons | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.27 |
| Joslyn Heights Apartments | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.12 |
| Valley Vue Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.26 |
| Dublin Square Apartments and Townhomes | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.22 |
| Sunrise Apartments | 1B/1B | 1BR,1BA | $1.19 |
| The Meadows on Graystone | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.23 |
| Harper Point Apartments | 1 Bed, 1 Bath | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
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 Lester
What type of rentals are currently available in Lester?
There are currently 47 Apartments for Rent in Lester, IA with pricing that ranges from $399 to $3,350. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lester ranging from $599 to $3,500.
What is the current price range for Rental Homes in Lester?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lester ranges from $599 to $3,500 with an average monthly rent of $1,898.
How much are larger Three and Four Bedroom Rentals in Lester?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lester range from $1,135 to $2,931, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $2,100.
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

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!