
Cheap Apartments for Rent in Castlewood, SD from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Castlewood.


Beardsley Apartments
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.

320 1st St

627 Main St

300 Highland Ct

Lamplighter Apartments

Heritage High Apartments
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.

Southland Court

Innovation Village

126 1st St NW
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.

Wilmot Estates

Trails Head

Forte of Brookings: 50+ Community!
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1018 Southland Ln
Castlewood, SD Local Guide

How much does it cost to rent an apartment in Castlewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Castlewood Studio Apartments | $894 | $750 | $1,100 |
Castlewood 1 Bedroom Apartments | $1,119 | $294 | $1,885 |
Castlewood 2 Bedroom Apartments | $1,441 | $575 | $1,900 |
Castlewood 3 Bedroom Apartments | $1,637 | $1,000 | $1,925 |
Castlewood 4 Bedroom Apartments | $1,695 | $1,695 | $1,695 |
Browse Top Apartments in Castlewood
See all Apartments in CastlewoodExplore Castlewood
Castlewood, SD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Castlewood Apartments for Rent and Nearby
 The cheapest available apartment rental in Castlewood, SD is a 1 Bed unit found at Natures Edge Partners LLC priced from $25. Beardsley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $519. Here is today’s list of the most affordable Castlewood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Natures Edge Partners LLC | 1B1B Subsidy | 1BR,1BA | $25 |
Beardsley Apartments | One Bedroom | 1BR,1BA | $519 |
Southland Court | Studio - B | Studio,1BA | $750 |
Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $820 |
Forte of Brookings: 50+ Community! | Starling | Studio,1BA | $895 |
Cardinal Estates | 2 Bedroom 1 Bathroom | 2BR,1BA | $950 |
1009 Southland Ln | 1 Bed 1 Bath | 1BR,1BA | $965 |
Best Value Apartments for Rent in Castlewood, SD and Nearby
As of June 23, 2025 the best value apartment in the Castlewood area is the $1.03 price per square foot TH 4P/B - 1,640 Model at Wheatgrass Village I in the starting from $1,695. The second greatest value Castlewood apartment is the 1631 - 3 Bedroom Model at The Plains Apartments starting at $1,925 with a $1.41 price per square foot . Here is today’s list of the best values for Castlewood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Wheatgrass Village I | TH 4P/B - 1,640 | 4BR,2.5BA | $1.03 |
The Plains Apartments | 1631 - 3 Bedroom | 3BR,2BA | $1.41 |
One & Two Willow Creek | 2BR/2.0BA | 2BR,2BA | $1.08 |
Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
Cardinal Estates | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
Beardsley Apartments | One Bedroom | 1BR,1BA | $0.58 |
133 W Sorenson Ave, Unit Two Bedroom Main | 133 W Sorenson Ave | 2BR,1BA | $1.19 |
1009 Southland Ln | 1 Bed 1 Bath | 1BR,1BA | $1.44 |
700 Washington St, Unit 1 | 700 Washington St | 1BR,1BA | $1.17 |
103 N Lloyd St, Unit 6 | 103 N Lloyd St | 1BR,1BA | $0.47 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Castlewood, SD Rentals by Map
See the most popular apartments and homes in Castlewood, SD
Getting Around Castlewood, SD
Walk Score®
14 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
34 / 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 Castlewood Apartments
What is the Cheapest Studio apartment in Castlewood?
Currently the most affordable Cheap Studio Apartment in Castlewood is at Southland Court listed at $750.
How much is rent for a Cheap One Bedroom Castlewood Apartment?
The lowest price for a Cheap One Bedroom Castlewood Apartment is $25 at Natures Edge Partners LLC.
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 $950 at Cardinal Estates.
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 $1,225.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.