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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 22 Feb 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. 9% 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 27% are single-family rentals.

Your search for apartments in South Dakota under $500 stops here

Finding apartments for rent in South Dakota for less than $500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 12 available units in South Dakota, renting for under $500. On average, $660 can get you 864 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.

We’ll help you find the best rental near you

Having to compromise on either price or location can turn your “apartments near me under $500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $500 in South Dakota goes for $400 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.

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