Cheap Apartments for Rent in Carpenter, SD from $400 (54 Rentals)

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

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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property at 625 14th Ave

$900 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,200
Total Monthly Price
$900 - $1,200

2 To 3 Bedroom Homes for Rent

Available Jun 1

625 14th Ave

BrookingsSD57006

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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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.

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Copper Flats
1 to 3 Bedroom Apartments

Copper Flats

2415 S Capital StMitchell, SD 57301
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Cathedral Square II
1 Bedroom Apartments

Cathedral Square II

500 N Langdon StMitchell, SD 57301
Senior Living
  • Utilities Included
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1631 Olive Dr
1 to 2 Bedroom Apartments

1631 Olive Dr

1631 Olive DrAberdeen, SD 57401
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Greenridge Apartments
1 Bedroom Apartments

Greenridge Apartments

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

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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630 S High St
Studio to 2 Bedroom Apartments

630 S High St

630 S High StAberdeen, SD 57401
  • Utilities Included
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Southland Court
Studio to 2 Bedroom Apartments

Southland Court

818 Southland LnBrookings, SD 57006
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1009 Southland Ln
1 to 2 Bedroom Apartments

1009 Southland Ln

1009 Southland LnBrookings, SD 57006
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Golden Prairie
1 to 3 Bedroom Apartments

Golden Prairie

2403 S Capital StMitchell, SD 57301
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Parkside Place
1 Bedroom Apartments

Parkside Place

8 2nd St NEWatertown, SD 57201
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 2

Carpenter, SD Local Guide

Cheapest Available Carpenter Apartments for Rent and Nearby

 

The cheapest available apartment rental in Carpenter, 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 Carpenter apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary's Heights Apartments1 Bed, 1 bath1BR,1BA$455
Copper Flats2 Bedroom 1 Bathroom2BR,2BA$621
Egan Avenue ResidenceBedroom C1BR,1BA$645
Lake Area Townhomes1 Bedroom1BR,1BA$855
Trails HeadDriftwoodStudio,1BA$890
Edgerton PlaceEdgerton Place Phase II - StudioStudio,1BA$910
West Oaks Estate1 bdr/ 1 bath1BR,1BA$925
Lofts at Park HillStudio - AStudio,1BA$925
Flats on HavensHurstStudio,1BA$929
Latitude 44The CoveStudio,1BA$955

Best Value Apartments for Rent in Carpenter, SD and Nearby

As of May 09, 2026 the best value apartment in the Carpenter 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 Carpenter 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 Carpenter apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wheatgrass Village I3 Bedroom Townhome3BR,2.5BA$0.89
Lake Area Townhomes2 Bedroom PIIB2BR,2BA$0.99
100 W 10th St3x23BR,2BA$1.00
1501 N Grove Pl3Bed,2.5Bath3BR,2.5BA$1.13
Wheatridge Apartments & TownhomesOutlook2BR,2BA$1.01
110 W 10th StModel B3BR,2BA$1.19
Mary's Heights Apartments3 Beds, 2 baths3BR,2BA$0.60
Innovation VillageEnterprise C3BR,2BA$1.39
West Oaks Estate1 bdr/ 1 bath1BR,1BA$1.00
Copper Flats2 Bedroom 1 Bathroom2BR,2BA$0.78

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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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!

Explore Carpenter, SD Rentals by Map

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See the most popular apartments and homes in Carpenter, SD

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Frequently Asked Questions about Cheap Carpenter Apartments

What is the Cheapest Studio apartment in Carpenter?

Currently the most affordable Cheap Studio Apartment in Carpenter is at Trails Head listed at $890.

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

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

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

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

What is the most affordable Carpenter Three Bedroom Apartment?

The best deal on a cheap Carpenter 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.