
Cheap Apartments for Rent near Chancellor, SD from $700 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Chancellor.


Boulder Creek Apartments

Roosevelt Estates of Sioux Falls

Mirada Manor Apartments

Platinum Valley Apartments

Sunset Villas Apartments

Total Monthly Price
Meadow Ridge Apartments

Pheasant View Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Edgewood Apartments

The Commons

Silos at Ellis Crossing

Marion Park II Apartments

Westview Heights Apartments, LLC

41st Street Commons

LEXINGTON ESTATES

The Radius
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

West Briar Commons

The Brett

The MarQ

Regency Place Apartments

West Pointe Commons

Granite Townhomes

Saddle Creek Townhomes

The 41Ellis
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Sage Meadow Apartments & Townhomes

Beal Townhomes

2200 N Main Ave

Foxtail Creek Townhomes

The Muse

5401 W 56th St

Mesa Heights Apartments

Park Place Condominiums
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.

7107 56th St

713-715 W 16th St

2600 S Duluth Ave

85 Commons

3712 S Terry Ave

29 Flats

1410 Kayla Pl

Boulder Pointe Townhomes
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.

3205 S Covell Ave

605 E Maple St

2304 S Norton Ave

413 S Wayland Ave
Chancellor, SD Local Guide

How much does it cost to rent an apartment in Chancellor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chancellor Studio Apartments | $891 | $890 | $892 |
| Chancellor 1 Bedroom Apartments | $1,062 | $775 | $1,675 |
| Chancellor 2 Bedroom Apartments | $1,280 | $850 | $2,334 |
| Chancellor 3 Bedroom Apartments | $1,606 | $975 | $2,480 |
Browse Top Apartments in Chancellor
See all Apartments in ChancellorExplore Chancellor
Chancellor, SD Local Guide
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Cheapest Available Chancellor Apartments for Rent and Nearby
 The cheapest available apartment rental in Chancellor, SD is a 1 Bed unit found at Pebble Creek Apartments in the Southwest Sioux Falls neighborhood priced from $775. Mirada Manor Apartments in the Prairie Tree neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here is today’s list of the most affordable Chancellor apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pebble Creek Apartments | 1BR/1BA | 1BR,1BA | $775 |
| Mirada Manor Apartments | One Bedroom | 1BR,1BA | $835 |
| Roosevelt Estates of Sioux Falls | 1 Bedroom | 1BR,1BA | $835 |
| Platinum Valley Apartments | Plan A | 1BR,1BA | $843 |
| Sunset Villas Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $850 |
| Meadow Ridge Apartments | 1 Bedroom | 1BR,1BA | $850 |
| Pheasant View Apartments | 2 BD UPPER UNIT LAYOUT | 2BR,1BA | $875 |
| Mesa Heights Apartments | 2BR/1.0BA | 2BR,1BA | $900 |
| Silos at Ellis Crossing | Apartment Style- 1 Bedroom 1 Bathroom | 1BR,1BA | $900 |
| West Briar Commons | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Chancellor, SD and Nearby
As of August 17, 2026 the best value apartment in the Chancellor area is the $1.20 price per square foot 2 Bedroom 2.5 Bathroom Townhome Model at 29 Flats in the in the Southwest Sioux Falls neighborhood starting from $1,565. The second greatest value Chancellor apartment is the 2bd2ba Model at Saddle Creek Townhomes starting at $1,195 with a $1.06 price per square foot in the Southwest Sioux Falls neighborhood. Here is today’s list of the best values for Chancellor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 29 Flats | 2 Bedroom 2.5 Bathroom Townhome | 2BR,2.5BA | $1.20 |
| Saddle Creek Townhomes | 2bd2ba | 2BR,2BA | $1.06 |
| Boulder Creek Apartments | 2bd2ba | 2BR,2BA | $1.13 |
| Regency Place Apartments | 2bd1ba 1024sf | 2BR,1BA | $1.08 |
| LEXINGTON ESTATES | C 2-1 A | 2BR,1BA | $1.16 |
| Pheasant View Apartments | 2 BD UPPER UNIT LAYOUT | 2BR,1BA | $0.91 |
| Pebble Creek Apartments | 1BR/1BA | 1BR,1BA | $0.91 |
| Mesa Heights Apartments | 2BR/1.0BA | 2BR,1BA | $1.08 |
| Meadow Ridge Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
| Platinum Valley Apartments | Plan A | 1BR,1BA | $1.21 |
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.
Read ArticleReal 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.
Read ArticleQuick 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 Chancellor, SD Rentals by Map
See the most popular apartments and homes in Chancellor, SD
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 $775 at Pebble Creek Apartments.
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 $975.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.