Cheap Apartments for Rent in Chancellor, SD from $500 (17 Rentals)

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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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5401 W 56th St
2 Bedroom Apartments

5401 W 56th St

5401 W 56th StSioux Falls, SD 57106
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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. Sunset Villas Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $820. 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
Sunset Villas Apartments2 Bed 1 Bath Apartment2BR,1BA$820
Pheasant View Apartments1 BEDROOM1BR,1BA$825
The CommonsApartment Style StudioStudio,1BA$830
Mirada Manor ApartmentsOne Bedroom1BR,1BA$835

Best Value Apartments for Rent in Chancellor, SD and Nearby

As of November 14, 2025 the best value apartment in the Chancellor area is the $1.02 price per square foot 2 Bedroom 2.5 Bathroom Townhome Model at 29 Flats in the in the Southwest Sioux Falls neighborhood starting from $1,323. The second greatest value Chancellor apartment is the 2bd2ba Model at Saddle Creek Townhomes starting at $1,150 with a $1.02 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 ListingModel NameBed/BathPrice Per Sq.Ft.
29 Flats2 Bedroom 2.5 Bathroom Townhome2BR,2.5BA$1.02
Saddle Creek Townhomes2bd2ba2BR,2BA$1.02
Boulder Creek Apartments2bd2ba2BR,2BA$1.10
Regency Place Apartments2bd2ba 1012sf2BR,2BA$1.01
Sage Meadow Apartments & Townhomes1 Bedroom 1 Bathroom Apartment1BR,1BA$1.19
Park Place Condominiums2 BEDROOM A2BR,1BA$1.00
Pheasant View Apartments1 BEDROOM1BR,1BA$0.98
Mesa Heights Apartments2BR/1.0BA2BR,1BA$1.14
Meadow Ridge Apartments1 Bedroom1BR,1BA$1.17
Forty One Flats1 Bedroom 1 Bathroom1BR,1BA$0.85

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Getting Around Chancellor, SD

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $612 at Forty One Flats.

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 $949.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.