
Cheap Apartments for Rent in Alpena, SD from $400 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Alpena.


Mary's Heights Apartments

Egan Avenue Residence

Autumn Grove Apartments

510 W 4th Ave

200 W 4th Ave

915 W 4th Ave

821 E 7th Ave

408 S Duff St

716 S Iowa St
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.

Lake Area Townhomes

Wheatridge Apartments & Townhomes

Archer Flats

The Oaks

Flats on Havens

Edgerton Place

Wheatgrass Village I

304 S Wisconsin St

Wilkeshire Apartments

The Lofts
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.

Lofts at Willow Creek

SunHill Bryant

400 E 12th Ave

Washington Flats

Generations on 1st

Marketplace Apartments

The Plains Apartments

420 E 6th Ave

305 4th St

SunHill Lake Norden
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.

Copperleaf Townhomes

Copper Flats

Heritage High Apartments

Cathedral Square II

Greenridge Apartments

1301 John Deere Cir

223 N Main St

828 W 2nd Ave

101 W Wisconsin St

Parkview Apartments and Townhomes
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.

1020 E 1st Ave

Golden Prairie

Parkside Place

309 W Washington Ave

Pheasant Ridge Village Apartments

1229 1st Ave SE

623 S Edmunds St

623 E Hanson Ave

401 S Maple

1038 S Lake Dr
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.
Alpena, SD Local Guide

How much does it cost to rent an apartment in Alpena?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alpena Studio Apartments | $982 | $865 | $1,055 |
| Alpena 1 Bedroom Apartments | $1,027 | $455 | $1,200 |
| Alpena 2 Bedroom Apartments | $1,208 | $545 | $1,590 |
| Alpena 3 Bedroom Apartments | $1,460 | $800 | $1,800 |
| Alpena 4 Bedroom Apartments | $1,450 | $1,450 | $1,450 |
Browse Top Apartments in Alpena
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Alpena, SD Local Guide
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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. Copper Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $621. Here is today’s list of the most affordable Alpena apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mary's Heights Apartments | 1 Bed, 1 bath | 1BR,1BA | $455 |
| Copper Flats | 2 Bedroom 1 Bathroom | 2BR,2BA | $621 |
| Egan Avenue Residence | Bedroom C | 1BR,1BA | $645 |
| Autumn Grove Apartments | 1 Bedroom | 1BR,1BA | $695 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $855 |
| Edgerton Place | Edgerton Place Phase II - Studio | Studio,1BA | $910 |
| Flats on Havens | Hurst | Studio,1BA | $929 |
| Washington Flats | Studio | Studio,1BA | $1,050 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1,055 |
| Archer Flats | 2 Bedroom | 2BR,1BA | $1,220 |
Best Value Apartments for Rent in Alpena, SD and Nearby
As of May 09, 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 2 Bedroom PIIB Model at Lake Area Townhomes starting at $1,590 with a $0.99 price per square foot . Here is today’s list of the best values for Alpena apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wheatgrass Village I | 3 Bedroom Townhome | 3BR,2.5BA | $0.89 |
| Lake Area Townhomes | 2 Bedroom PIIB | 2BR,2BA | $0.99 |
| 1501 N Grove Pl | 3Bed,2.5Bath | 3BR,2.5BA | $1.13 |
| Wheatridge Apartments & Townhomes | Outlook | 2BR,2BA | $1.01 |
| Mary's Heights Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.60 |
| Archer Flats | 2 Bedroom Townhome | 2BR,1BA | $1.79 |
| Copper Flats | 2 Bedroom 1 Bathroom | 2BR,2BA | $0.78 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.46 |
| Autumn Grove Apartments | 1 Bedroom | 1BR,1BA | $1.16 |
| Edgerton Place | Edgerton Place Phase II - Studio | Studio ,1BA | $1.82 |
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 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 Alpena, SD Rentals by Map
See the most popular apartments and homes in Alpena, SD
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 $910.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.