Apartments for Rent in Hot Springs, SD

Prices and availability in Hot Springs, SD were last updated on 6 May 2026.

The best apartment in Hot Springs, SD is: Mountain View Apartments.

In Hot Springs 35% of the housing is rented out compared to 65% of homes are owned, according to the most recent Census Bureau estimates. 33% of Hot Springs's apartments are found in large buildings of 50 units or more, 44% are located in smaller apartment complexes with less than 50 units, and 19% are single-family rentals.

The average age of rental buildings in Hot Springs is 50 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 6 stories, of which 46% are garden-style apartment communities, all are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Hot Springs are around 6% of rentals, while 1-bedroom floor plans represent 92% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 2% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.