
Cheap Apartments for Rent in Alpena, SD from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Alpena.


319 N Park St

Wheatgrass Village I

1229-1233 3rd Ave SE

Heritage High Apartments
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.

322 McCabe St

Lake Area Townhomes

424 3rd St SE, Unit B

Flats on Havens

319 1st St NW

308-310 3rd St SE
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.

325-327 3rd St NE

215 19th St SE

Edgerton Place

304 N Main St
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.

1301 John Deere Cir
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 | $893 | $740 | $1,055 |
| Alpena 1 Bedroom Apartments | $1,008 | $500 | $1,713 |
| Alpena 2 Bedroom Apartments | $1,248 | $725 | $1,595 |
| Alpena 3 Bedroom Apartments | $1,555 | $1,100 | $1,795 |
| Alpena 4 Bedroom Apartments | $1,387 | $1,275 | $1,500 |
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 Studio unit found at Wheatgrass Village I priced from $695. Edgerton Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Alpena apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wheatgrass Village I | Efficency with 1 bath | Studio,1BA | $695 |
| Edgerton Place | Edgerton Place Phase I - 1 Bed 1 Bath | 1BR,1BA | $925 |
| The Lofts | D | 1BR,1BA | $995 |
| Marketplace Apartments | B | 1BR,1BA | $995 |
| Flats on Havens | Norway | 1BR,1BA | $1,001 |
Best Value Apartments for Rent in Alpena, SD and Nearby
As of October 27, 2025 the best value apartment in the Alpena area is the $0.87 price per square foot 2BR/2.0BA Model at One & Two Willow Creek in the starting from $1,475. The second greatest value Alpena apartment is the 2 Bedroom Model at Lake Area Townhomes starting at $1,275 with a $1.02 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. |
|---|---|---|---|
| One & Two Willow Creek | 2BR/2.0BA | 2BR,2BA | $0.87 |
| Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.02 |
| The Oaks | 2 Bedroom | 2BR,2BA | $1.43 |
| Golden Prairie | 2 Bedroom 2 Bathroom First Floor | 2BR,2BA | $1.38 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.40 |
| The Plains Apartments | 1635 - 1A | 1BR,1BA | $1.72 |
| Marketplace Apartments | B | 1BR,1BA | $1.56 |
| Edgerton Place | Edgerton Place Phase I - 1 Bed 1 Bath | 1BR,1BA | $1.49 |
| The Lofts | D | 1BR,1BA | $1.75 |
| Wheatgrass Village I | Efficency with 1 bath | Studio ,1BA | $1.50 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Alpena, SD
Getting Around Alpena, SD
Walk Score®
11 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
28 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Alpena Apartments
How much is rent for a Cheap One Bedroom Alpena Apartment?
The lowest price for a Cheap One Bedroom Alpena Apartment is $840 at Wheatgrass Village I.
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 $990 at Wheatgrass Village I.
What is the most affordable Alpena Three Bedroom Apartment?
The best deal on a cheap Alpena Three Bedroom Apartment rental is at Golden Prairie and starts from $1,405.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.



