Cheap Homes for Rent in Alva, WY from $800 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Alva.

property at 1632 Evergreen Dr

$1,225

Total Monthly Price

Total Monthly Price

Base Rent
$1,225

Total Monthly Price
$1,225

2 Bedroom, 2 Bath Condo for Rent

Available Now

1632 Evergreen Dr, Unit 16

1632 Evergreen Dr
Rapid CitySD57702

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.

property at 712 South St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Jun 15

712 South St, Unit A Main Floor

712 South St
Rapid CitySD57701

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.

Alva, WY Local Guide

Cheapest Available Alva Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alva, WY is a Studio unit found at Robbinsdale Heights priced from $475. Parkside Apartments in the Downtown Gillette neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $842. Here is today’s list of the most affordable Alva apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Robbinsdale HeightsStudio - InteriorStudio,1BA$475
Parkside ApartmentsOne Bedroom - 1A1BR,1BA$842
Warlow Drive1 Bed, 1 bath1BR,1BA$850

Best Value Apartments for Rent in Alva, WY and Nearby

As of June 11, 2026 the best value apartment in the Alva area is the $1.29 price per square foot 2/1.5 - 1,632 TH Model at Spearfish Estates in the starting from $2,100. The second greatest value Alva apartment is the Brennan $1,085 Model at Founders Park Village starting at $1,478 with a $1.34 price per square foot in the Downtown Rapid City neighborhood. Here is today’s list of the best values for Alva apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Spearfish Estates2/1.5 - 1,632 TH2BR,1.5BA$1.29
Founders Park VillageBrennan $1,0852BR,2BA$1.34
The Place at Estes ParkTwo Bed One Bath2BR,1BA$1.08
Remington VillageThe Browning2BR,2BA$1.25
Sheridan Lake ApartmentsThe Windsor2BR,1BA$1.23
The Place at HaineswayThree Beds, One Bath3BR,1BA$1.18
Indian Hills Apartments1x11BR,1BA$1.19
Mountain View ApartmentsOne Bedroom1BR,1BA$1.29
Civic Plaza Apartments2 Bedroom Garden Level2BR,1BA$1.29
Warlow Drive1 Bed, 1 bath1BR,1BA$1.31

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

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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 Alva

What type of rentals are currently available in Alva?

There are currently 47 Apartments for Rent in Alva, WY with pricing that ranges from $475 to $3,338. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alva ranging from $895 to $3,500.

What is the current price range for Rental Homes in Alva?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alva ranges from $895 to $3,500 with an average monthly rent of $1,994.

How much are larger Three and Four Bedroom Rentals in Alva?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alva range from $1,000 to $2,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,275.

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

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

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.