Cheap Homes for Rent in Lansing, IA from $500 (14 Rentals)

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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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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 136 Main St

136 Main St

Mc GregorIA52157

Lansing, IA Local Guide

Cheapest Available Lansing Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lansing, IA is a Studio unit found at Collective on 4th in the Downtown La Crosse neighborhood priced from $452. Main Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here is today’s list of the most affordable Lansing apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collective on 4thStudioStudio,1BA$452
Main Street Apartments1 Bedroom, 1 Bath1BR,1BA$759
5th Ward ResidencesSTUDIO ADAStudio,1BA$799
Cliffside ApartmentsOne Bedroom1BR,1BA$799
The Driftless Apartments1 Bed 1 Bath (ages 55+) - 80% Income Limit1BR,1BA$883

Best Value Apartments for Rent in Lansing, IA and Nearby

As of May 10, 2025 the best value apartment in the Lansing area is the $0.81 price per square foot 3 Beds, 3 baths Model at Lawler School Lofts in the starting from $969. The second greatest value Lansing apartment is the Two Bedroom with basement Model at Valley View Townhomes starting at $1,400 with a $1.17 price per square foot . Here is today’s list of the best values for Lansing apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lawler School Lofts3 Beds, 3 baths3BR,3BA$0.81
Valley View TownhomesTwo Bedroom with basement2BR,1BA$1.17
Great River Residences200 Court St 2 BR Townhouse2BR,1.5BA$1.49
Riverview ApartmentsTwo Bedroom2BR,1BA$1.15
Prairie Bluff Apartments2B/2B2BR,2BA$1.39
LINTON VILLAGE1 Bedroom 1 Bathroom1BR,1BA$0.51
Main Street Apartments1 Bedroom, 1 Bath1BR,1BA$0.91
The Driftless Apartments1 Bed 1 Bath (ages 55+) - 80% Income Limit1BR,1BA$1.30
Cliffside ApartmentsOne Bedroom1BR,1BA$1.33
Collective on 4thStudioStudio ,1BA$0.90

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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Frequently Asked Questions about Lansing

What type of rentals are currently available in Lansing?

There are currently 42 Apartments for Rent in Lansing, IA with pricing that ranges from $452 to $2,849. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lansing ranging from $550 to $2,400.

What is the current price range for Rental Homes in Lansing?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lansing ranges from $550 to $2,400 with an average monthly rent of $1,286.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.