Cheap Apartments for Rent in Castlewood, SD from $500 (34 Rentals)

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

property at 320 1st St

$580 - $600

Total Monthly Price

Total Monthly Price

Base Rent
$580

Total Monthly Price
$580

1 To 2 Bedroom Rentals

Available Now

320 1st St

ClintonMN56225
property at 328 Lake St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

2 Bedroom, 1 Bath Home for Rent

Available Now

328 Lake St

ClintonMN56225
property at 300 Highland Ct

$684

Total Monthly Price

Total Monthly Price

Base Rent
$684

Total Monthly Price
$684

1 Bedroom, 1 Bath Home for Rent

Available Now

300 Highland Ct

TylerMN56178
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Natures Edge Partners LLC
$769
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750
Required Monthly Fees
$19

Total Monthly Price
$769
1 Bedroom Apartments Available Now

Natures Edge Partners LLC

105 Sunnyslope RdMorris, MN 56267
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  • Utilities Included
property at 126 1st St SE

$796

Total Monthly Price

Total Monthly Price

Base Rent
$796

Total Monthly Price
$796

1 Bedroom Rentals

Available Now

126 1st St SE

OrtonvilleMN56278
property at 1003 Scotts Ave

$805

Total Monthly Price

Total Monthly Price

Base Rent
$805

Total Monthly Price
$805

1 Bedroom, 1 Bath Home for Rent

Available Now

1003 Scotts Ave

MorrisMN56267

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.

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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320 1st St
1 to 2 Bedroom Apartments

320 1st St

320 1st StClinton, MN 56225
  • Utilities Included
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806 W 5th St
Studio to 1 Bedroom Apartments

806 W 5th St

806 W 5th StMorris, MN 56267
Corporate Housing
  • Utilities Included
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Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
  • Utilities Included
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126 1st St SE
1 to 2 Bedroom Apartments

126 1st St SE

126 1st St SEOrtonville, MN 56278
  • Utilities Included
property at 308 S 3rd St

$680

Total Monthly Price

Total Monthly Price

Base Rent
$680

Total Monthly Price
$680

1 Bedroom, 1 Bath Townhome for Rent

Available Now

308 S 3rd St

MilanMN56262
property at 316 S 3rd St

$680

Total Monthly Price

Total Monthly Price

Base Rent
$680

Total Monthly Price
$680

1 Bedroom, 1 Bath Townhome for Rent

Available Now

316 S 3rd St

MilanMN56262

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.

property at 409 Atlantic Ave

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

1 Bedroom, 1 Bath Home for Rent

Available Now

409 Atlantic Ave

MorrisMN56267
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Lamplighter Apartments
1 to 2 Bedroom Apartments

Lamplighter Apartments

201 W 5th StMorris, MN 56267
Student Housing
  • Utilities Included
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Cardinal Estates
1 to 3 Bedroom Apartments

Cardinal Estates

300-302 South StMorris, MN 56267
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Lake Area Townhomes
1 to 3 Bedroom Apartments

Lake Area Townhomes

418 8th St SWMadison, SD 57042
  • Utilities Included
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Southland Court
Studio to 2 Bedroom Apartments

Southland Court

818 Southland LnBrookings, SD 57006
  • Utilities Included

Castlewood, SD Local Guide

Cheapest Available Castlewood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Castlewood, SD is a 1 Bed unit found at Beardsley Apartments priced from $519. Natures Edge Partners LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here is today’s list of the most affordable Castlewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beardsley ApartmentsOne Bedroom1BR,1BA$519
Natures Edge Partners LLC1B1B MKT1BR,1BA$769
Wheatgrass Village I1 Bed 1 Bath1BR,1BA$840
Cardinal Estates1 Bedroom 1 Bathroom1BR,1BA$840
Forte of Brookings: 50+ Community!StarlingStudio,1BA$895
Archer FlatsStudioStudio,1BA$900
1170 Dewey St1 Bed, 1 bath1BR,1BA$920
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$930
Marketplace ApartmentsA1BR,1BA$995
Sioux VillageStudioStudio,1BA$995

Best Value Apartments for Rent in Castlewood, SD and Nearby

As of January 10, 2026 the best value apartment in the Castlewood area is the $1.16 price per square foot 3 Bed Model at Cloverfield Townhomes in the in the Downtown Brookings neighborhood starting from $2,095. The second greatest value Castlewood apartment is the 3 Beds, 2 baths Model at 2217 Overlook Ridge Ct starting at $2,100 with a $1.40 price per square foot . Here is today’s list of the best values for Castlewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cloverfield Townhomes3 Bed3BR,2.5BA$1.16
2217 Overlook Ridge Ct3 Beds, 2 baths3BR,2BA$1.40
1501 N Grove Pl3Bed,2.5Bath3BR,2.5BA$1.13
105 Carly Dr2 Bed2BR,1.5BA$1.04
Beardsley ApartmentsOne Bedroom1BR,1BA$0.58
Cardinal Estates1 Bedroom 1 Bathroom1BR,1BA$1.05
Generations on 1st1BR/1.0BA1BR,1BA$1.46
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.30
Wheatgrass Village I1 Bed 1 Bath1BR,1BA$1.29
1170 Dewey St1 Bed, 1 bath1BR,1BA$1.53

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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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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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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Quick 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.

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

Explore Castlewood, SD Rentals by Map

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Frequently Asked Questions about Cheap Castlewood Apartments

What is the Cheapest Studio apartment in Castlewood?

Currently the most affordable Cheap Studio Apartment in Castlewood is at Forte of Brookings: 50+ Community! listed at $895.

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Castlewood is starting from $930 at Lamplighter Apartments.

What is the most affordable Castlewood Three Bedroom Apartment?

The best deal on a cheap Castlewood Three Bedroom Apartment rental is at Wheatgrass Village I and starts from $1,465.

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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!