
Cheap Homes for Rent in Alexandria, SD from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Alexandria.


304 N Main St

618 S Edmunds St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

216 E 11th Ave

115 N Sanborn Blvd

510 E Maple St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Alexandria, SD Local Guide

How much does it cost to rent a home in Alexandria?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alexandria 2 Bedroom Homes for Rent | $1,067 | $900 | $1,385 |
Alexandria 3 Bedroom Homes for Rent | $1,375 | $1,000 | $1,800 |
Alexandria 4 Bedroom Homes for Rent | $1,400 | $1,350 | $1,450 |
Browse Top Homes for Rent in Alexandria
Explore Alexandria
Alexandria, SD Local Guide
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Cheapest Available Alexandria Apartments for Rent and Nearby
 The cheapest available apartment rental in Alexandria, SD is a 2 Beds unit found at Copper Flats priced from $621. Lake Area Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. Here is today’s list of the most affordable Alexandria apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Copper Flats | 2 Bedroom 2 Bathroom | 2BR,2BA | $621 |
Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $820 |
West Oaks Estates | Efficiency Unit | Studio,1BA | $849 |
Best Value Apartments for Rent in Alexandria, SD and Nearby
As of July 25, 2025 the best value apartment in the Alexandria area is the $1.00 price per square foot 2 Bedroom Model at Lake Area Townhomes in the starting from $1,250. The second greatest value Alexandria apartment is the Upper Apartment Model at Fifth Street Apartments & Townhouses starting at $1,450 with a $1.20 price per square foot . Here is today’s list of the best values for Alexandria apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
Fifth Street Apartments & Townhouses | Upper Apartment | 3BR,2BA | $1.20 |
Copper Flats | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.96 |
Edgerton Place | Edgerton Place Phase II - 1 Bed 1 Bath | 1BR,1BA | $1.40 |
Maple Pass Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.30 |
West Oaks Estates | Efficiency Unit | Studio ,1BA | $2.26 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Alexandria
What type of rentals are currently available in Alexandria?
There are currently 26 Apartments for Rent in Alexandria, SD with pricing that ranges from $399 to $2,386. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alexandria ranging from $575 to $2,000.
What is the current price range for Rental Homes in Alexandria?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alexandria ranges from $575 to $2,000 with an average monthly rent of $1,208.
How much are larger Three and Four Bedroom Rentals in Alexandria?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alexandria range from $399 to $2,386, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,500.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.

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.