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Apartments for Rent in South Dakota under $500

12 Rentals Available
Apartments for Rent in South Dakota under $500. 12 Rentals Available
  • a living room with a couch and a tv
    Today

    300 20Th St South, Brookings, SD 57006
    STUDIO $36+
    1 BED $12+
  • a living room with a couch and a table
    Today

    3815 N Potter Avenue, Sioux Falls, SD 57107
    1 BED Ask for Pricing
  • a living room with a couch and a table
    Today

    8600 W 41St Street, Sioux Falls, SD 57106
    1 BED Ask for Pricing
  • a living room and kitchen with a couch and a table
    Today

    4125 W Cayman St, Sioux Falls, SD 57107
    1 BED Ask for Pricing
  • a blue house with a sidewalk in front of it
    Today

    240 East Hubbard Street, Carthage, SD 57323
    1 BED $400
    2 BEDS $500
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  • the front of the house with a walkway and grass
    Today

    130 West Harris Street, Carthage, SD 57323
    2 BEDS $500
  • a kitchen with a sink and a stove and a refrigerator
    Today

    530 E Stumer Rd, Rapid City, SD 57701
    1 BED Ask for Pricing
  • the view of a kitchen with a sink and refrigerator and
    Today

    822 N Minnesota Avenue, Sioux Falls, SD 57104
    1 BED Ask for Pricing
  • a kitchen with wooden cabinets and a sink and a window
    Today

    230 S Minnesota Ave, Sioux Falls, SD 57104
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • a conference room with a table and chairs and a kitchen
    Today

    5450 E Blarney Place, Sioux Falls, SD 57110
    1 BED Ask for Pricing
  • the living room of a home with a window and carpet
    Today

    1309 N Cleveland Avenue, Sioux Falls, SD 57103
    1 BED Ask for Pricing
  • Interactive banner bedroom
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  • a renovated living room and kitchen with white walls and brown carpet
    Today

    200 E 15Th Avenue, Mitchell, SD 57301
    1 BED Ask for Pricing
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Getting around in South Dakota, SD

25 /100
Somewhat Bikeable
Bike Score®: 25

Frequently asked questions

When were prices and availability in South Dakota last updated?

Prices and availability in South Dakota were last updated on 5 Apr 2026.

What are the best apartments in South Dakota?

The best apartments in South Dakota are: Sawyer Pointe, Gatewood Estates, Sunrise Landing, Platinum Valley Apartments and Forte Living of Aberdeen: 50+ Community!.

What type of rental buildings are in South Dakota?

In South Dakota 31% of the housing is rented out compared to 69% of homes are owned, according to the most recent Census Bureau estimates. 10% of South Dakota's apartments are found in large buildings of 50 units or more, 59% are located in smaller apartment complexes with less than 50 units, and 26% are single-family rentals.

Apartments in South Dakota under $500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 12 apartments for rent in South Dakota on which you’ll spend less than $500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $500

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $500. The average rental size in South Dakota is 864 Sqft, but the $500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!