Cheap Apartments for Rent in Chancellor, SD from $500 (33 Rentals)

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

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Meadow Ridge Apartments
Rent Specials
$850 - $1,100
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,100
Total Monthly Price
$850 - $1,100
1 to 2 Bedroom Apartments Available Now

Meadow Ridge Apartments

3503 W 85th StSioux Falls, SD 57108
Outdoors
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  • Utilities Included

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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41st Street Commons
Rent Specials
$950 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$851 - $1,451
Required Monthly Fees
$99
Total Monthly Price
$950 - $1,550
1 to 3 Bedroom Apartments Available Now

41st Street Commons

3230 S Ronsiek AveSioux Falls, SD 57106
Affordability
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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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West Pointe Commons
Rent Specials
$1,048 - $1,625
Total Monthly Price

Total Monthly Price

Base Rent
$888 - $1,465
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

West Pointe Commons

7836 S Townsley AveSioux Falls, SD 57108
Affordability
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Forty One Flats
1 to 4 Bedroom Apartments

Forty One Flats

8701 W 41st StSioux Falls, SD 57106

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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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5401 W 56th St
2 Bedroom Apartments

5401 W 56th St

5401 W 56th StSioux Falls, SD 57106
  • Utilities Included
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85 Commons
1 to 3 Bedroom Apartments

85 Commons

7700 S Townsley AveSioux Falls, SD 57108
property at 234 Elmwood Ave

$1,200

3 Bedroom, 1 Bath Townhome for Rent

Available Now

234 Elmwood Ave

Sioux FallsSD57104
property at 2904 W 33rd St

$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

2904 W 33rd St

Sioux FallsSD57105

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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Showing Results 1-33, Page 1 of 1

Chancellor, SD Local Guide

Cheapest Available Chancellor Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chancellor, SD is a 1 Bed unit found at Forty One Flats priced from $510. Pheasant View Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $675. Here is today’s list of the most affordable Chancellor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forty One Flats1 Bedroom 1 Bathroom1BR,1BA$510
Pheasant View Apartments3 BD 1 BA Layout3BR,1BA$675
Pebble Creek Apartments1BR/1BA1BR,1BA$775
The CommonsApartment Style StudioStudio,1BA$800
Mirada Manor ApartmentsOne Bedroom1BR,1BA$835
Roosevelt Estates of Sioux Falls1 Bedroom1BR,1BA$835
Meadow Ridge Apartments1 Bedroom1BR,1BA$850
The Radius, Tea SD1 Bedroom 1 Bathroom Apartment1BR,1BA$875
Platinum Valley ApartmentsPlan A1BR,1BA$893
Mesa Heights Apartments2BR/1.0BA2BR,1BA$900

Best Value Apartments for Rent in Chancellor, SD and Nearby

As of April 03, 2026 the best value apartment in the Chancellor area is the $1.18 price per square foot 2 Bedroom 2.5 Bathroom Townhome Model at 29 Flats in the in the Southwest Sioux Falls neighborhood starting from $1,530. The second greatest value Chancellor apartment is the c1 Model at 41st Street Commons starting at $1,275 with a $1.11 price per square foot . Here is today’s list of the best values for Chancellor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
29 Flats2 Bedroom 2.5 Bathroom Townhome2BR,2.5BA$1.18
41st Street Commonsc13BR,2BA$1.11
Boulder Creek Apartments2bd/2ba Remodel2BR,2BA$1.18
Regency Place Apartments2bd1ba 1000sf2BR,1BA$0.99
Pheasant View Apartments2 BD UPPER UNIT LAYOUT2BR,1BA$0.91
The Brett - Lavish Living1 Bedroom, 1 Bathroom1BR,1BA$1.22
Pebble Creek Apartments1BR/1BA1BR,1BA$0.91
Mesa Heights Apartments2BR/1.0BA2BR,1BA$1.08
Meadow Ridge Apartments1 Bedroom1BR,1BA$1.17
Forty One Flats1 Bedroom 1 Bathroom1BR,1BA$0.85

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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 Cheap Chancellor Apartments

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

The lowest price for a Cheap One Bedroom Chancellor Apartment is $510 at Forty One Flats.

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

Today's best deal for a Cheap Two Bedroom Apartment in Chancellor is starting from $850 at Pebble Creek Apartments.

What is the most affordable Chancellor Three Bedroom Apartment?

The best deal on a cheap Chancellor Three Bedroom Apartment rental is at Pheasant View Apartments and starts from $675.

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

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.