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Apartments for Rent in South Dakota under $500

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  • 1 bd $480+
    Base rent Income restricted
    Verified Listing

    Technology Heights Apartments

    4.5 (1)
    3815 N Potter Avenue, Sioux Falls, SD 57107
    Apply online • In unit laundry • Dishwasher
  • 1 bd $480+
    Base rent Income restricted
    Verified Listing

    Springs Edge Apartments

    5.0 (3)
    530 E Stumer Rd, Rapid City, SD 57701
    Apply online • Pet friendly • In unit laundry
  • Rent specials
    Studio $391+
    1 bd $416+
    Base rent Income restricted
    Verified Listing

    YMCA

    3.0 (2)
    230 S Minnesota Ave, Sioux Falls, SD 57104
    Dishwasher • Air conditioner • Large Closets
  • Ask for pricing
    Income restricted
    Verified Listing

    The Grove At Ellis Crossing

    4.5 (1)
    8600 W 41St Street, Sioux Falls, SD 57106
    In unit laundry • Dishwasher • Air conditioner
  • 1 bd $466+
    Base rent Income restricted
    Verified Listing

    Minnesota Apartments

    822 N Minnesota Avenue, Sioux Falls, SD 57104
    Dishwasher • Air conditioner • Laundry Facilities
  • Ask for pricing
    Income restricted
    Verified Listing

    Copper Flats

    2415 S Capital St, Mitchell, SD 57301
    In unit laundry • Dishwasher • Air conditioner
  • 1 bd $475+
    Base rent Income restricted
    Verified Listing

    Dakota Ridge Apartments

    4.0 (3)
    1309 N Cleveland Avenue, Sioux Falls, SD 57103
    Pet friendly • Dishwasher • Air conditioner
  • 1 bd $487+
    Base rent Income restricted
    Verified Listing

    Trinity Point

    4.5 (1)
    5450 E Blarney Place, Sioux Falls, SD 57110
    In unit laundry • Dishwasher • Air conditioner
  • 8-0-state
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Frequently asked questions

When were prices and availability in South Dakota last updated?

Prices and availability in South Dakota were last updated on 13 Nov 2026.

What are the best apartments in South Dakota?
What type of rental buildings are in South Dakota?

In South Dakota, 31% of the residents are renting compared to 69% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of South Dakota's rentals, 59% are small-scale complexes with under 50 units, and 26% 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 8 available units in South Dakota, renting for under $500. On average, $644 can get you 933 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 $391 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.