Cheap Apartments for Rent in Amherst, SD from $500 (29 Rentals)

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

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.

property at 328 Dewey St

328 Dewey St

EnderlinND58027
property at 200 7th Ave

200 7th Ave

MilnorND58060

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.

property at 19 7th Ave SE

19 7th Ave SE

AberdeenSD57401

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.

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Del Rose Apartments
1 to 2 Bedroom Apartments

Del Rose Apartments

504 3rd Ave NWahpeton, ND 58075
  • Utilities Included
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630 S High St
Studio to 2 Bedroom Apartments

630 S High St

630 S High StAberdeen, SD 57401
  • Utilities Included

The 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.

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Archer Flats
Studio to 2 Bedroom Apartments

Archer Flats

2308 14th Ave NEWatertown, SD 57201
  • Utilities Included

Amherst, SD Local Guide

Cheapest Available Amherst Apartments for Rent and Nearby

 

The cheapest available apartment rental in Amherst, SD is a 1 Bed unit found at Beardsley Apartments priced from $519. Prairie Park Fairmount Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $545. Here is today’s list of the most affordable Amherst apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beardsley ApartmentsOne Bedroom1BR,1BA$519
Prairie Park Fairmount Apartments2 Beds, 1 bath2BR,1BA$545
Heritage Square1 Bed, 1 bath1BR,1BA$575
Liberty Lights Apartments2 Bedroom2BR,1BA$695
Gwinner I & II Apartments1 br/ 1 bath1BR,1BA$700
Center Street ApartmentsWahp 2 bed2BR,1BA$795
Westdale Apartments1 Bedroom 1 Bathroom1BR,1BA$925
Aberdeen Communities1 BED 1BATH1BR,1BA$975

Best Value Apartments for Rent in Amherst, SD and Nearby

As of October 15, 2025 the best value apartment in the Amherst area is the $0.67 price per square foot 3 Beds, 1 bath Model at Prairie Park Fairmount Apartments in the starting from $650. The second greatest value Amherst apartment is the One Bedroom Model at Beardsley Apartments starting at $519 with a $0.58 price per square foot . Here is today’s list of the best values for Amherst apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie Park Fairmount Apartments3 Beds, 1 bath3BR,1BA$0.67
Beardsley ApartmentsOne Bedroom1BR,1BA$0.58
624 8th Ave SE, Unit 4624 8th Ave SE2BR,1BA$0.97
Center Street ApartmentsWahp 2 bed2BR,1BA$0.99
Generations on 1st1BR/1.0BA1BR,1BA$1.40
Westdale Apartments1 Bedroom 1 Bathroom1BR,1BA$1.28
Liberty Lights Apartments2 Bedroom2BR,1BA$1.01
Gwinner I & II Apartments1 br/ 1 bath1BR,1BA$1.10
103 N Lloyd St, Unit 6103 N Lloyd St1BR,1BA$0.47
Marketplace ApartmentsA1BR,1BA$1.62

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

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Frequently Asked Questions about Cheap Amherst Apartments

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

The lowest price for a Cheap One Bedroom Amherst Apartment is $519 at Beardsley Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Amherst is starting from $545 at Prairie Park Fairmount Apartments.

What is the most affordable Amherst Three Bedroom Apartment?

The best deal on a cheap Amherst Three Bedroom Apartment rental is at Prairie Park Fairmount Apartments and starts from $650.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.