Cheap Apartments for Rent in Alpena, SD from $400 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in Alpena.

property at 1045 E 3rd St

$400

Total Monthly Price

Total Monthly Price

Base Rent
$400

Total Monthly Price
$400

1 Bedroom, 1 Bath Home for Rent

Available Now

1045 E 3rd St

RedfieldSD57469

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Copper Flats
1 to 3 Bedroom Apartments

Copper Flats

2415 S Capital StMitchell, SD 57301

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Greenridge Apartments
1 Bedroom Apartments

Greenridge Apartments

1500 N Kimball StMitchell, SD 57301
Senior Living
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Alpena, SD Local Guide

Cheapest Available Alpena Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alpena, SD is a 1 Bed unit found at Mary's Heights Apartments priced from $455. Egan Avenue Residence has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Alpena apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary's Heights Apartments1 Bed, 1 bath1BR,1BA$455
Egan Avenue ResidenceBedroom C1BR,1BA$645
Wheatridge Apartments & TownhomesTallgrass1BR,1BA$865
Edgerton PlaceEdgerton Place Phase II - StudioStudio,1BA$920
Archer FlatsEfficiencyStudio,1BA$925

Best Value Apartments for Rent in Alpena, SD and Nearby

As of June 23, 2026 the best value apartment in the Alpena area is the $0.89 price per square foot 3 Bedroom Townhome Model at Wheatgrass Village I in the starting from $1,465. The second greatest value Alpena apartment is the 3 Beds, 2 baths Model at Mary's Heights Apartments starting at $800 with a $0.60 price per square foot . Here is today’s list of the best values for Alpena apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wheatgrass Village I3 Bedroom Townhome3BR,2.5BA$0.89
Mary's Heights Apartments3 Beds, 2 baths3BR,2BA$0.60
Wheatridge Apartments & Townhomes3B/2B Townhome3BR,2BA$1.53
Lake Area Townhomes2 Bedroom2BR,2.5BA$1.03
SunHill Lake Norden3 Beds, 1 bath3BR,1BA$1.18
Wilkeshire ApartmentsAshford2BR,1BA$1.19
The Oaks2 Bedroom2BR,2BA$1.46
The Plains Apartments1629 - 1B1BR,1BA$1.60
Generations on 1st1BR/1.0BA1BR,1BA$1.46
Edgerton PlaceEdgerton Place Phase II - StudioStudio ,1BA$1.84

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.

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Alpena Apartments

What is the Cheapest Studio apartment in Alpena?

Currently the most affordable Cheap Studio Apartment in Alpena is at Edgerton Place listed at $920.

How much is rent for a Cheap One Bedroom Alpena Apartment?

The lowest price for a Cheap One Bedroom Alpena Apartment is $455 at Mary's Heights Apartments.

What is the lowest price for a Cheap Two Bedroom Alpena Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alpena is starting from $545 at Mary's Heights Apartments.

What is the most affordable Alpena Three Bedroom Apartment?

The best deal on a cheap Alpena Three Bedroom Apartment rental is at Mary's Heights Apartments and starts from $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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.