
Cheap Homes for Rent near Alexandria, SD from $575 (2 Rentals)
Search the lowest-cost Homes available for rent right now in Alexandria.

Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

309 W Washington Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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 | $1,329 | $1,200 | $1,500 |
| Alexandria 3 Bedroom Homes for Rent | $1,250 | $850 | $1,400 |
| Alexandria 4 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Alexandria
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Alexandria, SD Local Guide
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Best Value Apartments for Rent in Alexandria, SD and Nearby
As of September 08, 2026 the best value apartment in the Alexandria area is the $1.25 price per square foot Rent Special - 2 Bedroom, 2 Bath Townhomes Model at Maple Pass Apartments & Townhomes in the starting from $1,595. The second greatest value Alexandria apartment is the 3B/2B Townhome Model at Wheatridge Apartments & Townhomes starting at $1,975 with a $1.65 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. |
|---|---|---|---|
| Maple Pass Apartments & Townhomes | Rent Special - 2 Bedroom, 2 Bath Townhomes | 2BR,2BA | $1.25 |
| Wheatridge Apartments & Townhomes | 3B/2B Townhome | 3BR,2BA | $1.65 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $0.72 |
| Copper Flats | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.96 |
| 718 S Duff St, Unit 718 S Duff Apt 1 | 718 S Duff St | 1BR,1BA | $1.09 |
| Parkview Apartments and Townhomes | 2 bedroom apartment | 2BR,1BA | $1.21 |
| Ashbrook Trail Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.60 |
| 530 Korb St, Unit 101 | 530 Korb St | 1BR,1BA | $0.92 |
| Edgerton Place | Edgerton Place Phase II - Studio | Studio ,1BA | $1.84 |
| Washington Flats | Studio | Studio ,1BA | $2.47 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alexandria, SD Rentals by Map
See the most popular apartments and homes in Alexandria, SD
Frequently Asked Questions about Alexandria
What type of rentals are currently available in Alexandria?
There are currently 34 Apartments for Rent in Alexandria, SD with pricing that ranges from $460 to $2,500. There are also 17 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 $1,231.
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 $950 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,400. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,800.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.