Cheap Apartments for Rent in Chancellor, SD from $600 (34 Rentals)

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

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.

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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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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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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
  • Utilities Included
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85 Commons
1 to 3 Bedroom Apartments

85 Commons

7700 S Townsley AveSioux Falls, SD 57108

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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Showing Results 1-34, 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 2 Beds unit found at Forty One Flats priced from $612. Pebble Creek Apartments in the Southwest Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Chancellor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forty One Flats2 Bedroom 1 Bathroom2BR,2BA$612
Pebble Creek Apartments1BR/1BA1BR,1BA$775
Mirada Manor ApartmentsOne Bedroom1BR,1BA$835
Roosevelt Estates of Sioux Falls1 Bedroom1BR,1BA$835
Mesa Heights Apartments2BR/1.0BA2BR,1BA$850
Meadow Ridge Apartments1 Bedroom1BR,1BA$850
The CommonsApartment Style StudioStudio,1BA$865
Sunset Villas Apartments1 Bed 1 Bath Apartment1BR,1BA$885
Silos at Ellis CrossingApartment Style- 1 Bedroom 1 Bathroom1BR,1BA$900
Westview Heights Apartments, LLC1Bed/1Bath1BR,1BA$925

Best Value Apartments for Rent in Chancellor, SD and Nearby

As of July 02, 2026 the best value apartment in the Chancellor area is the $1.10 price per square foot 3 Bedroom 2.5 Bathroom Townhome Model at 29 Flats in the in the Southwest Sioux Falls neighborhood starting from $1,780. The second greatest value Chancellor apartment is the 2bd2ba 1220sf Model at Regency Place Apartments starting at $1,265 with a $1.04 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 Flats3 Bedroom 2.5 Bathroom Townhome3BR,2.5BA$1.10
Regency Place Apartments2bd2ba 1220sf2BR,2BA$1.04
Boulder Creek Apartments2bd/2ba Remodel2BR,2BA$1.18
Pheasant View Apartments3 BD 1 BA Layout3BR,1BA$0.90
Platinum Valley ApartmentsPlan B2BR,1BA$1.06
41st Street Commonsb22BR,2BA$1.16
Pebble Creek Apartments1BR/1BA1BR,1BA$0.91
Mesa Heights Apartments2BR/1.0BA2BR,1BA$1.02
Forty One Flats2 Bedroom 1 Bathroom2BR,2BA$0.77
Meadow Ridge Apartments1 Bedroom1BR,1BA$1.17

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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Real 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.

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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 $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 $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 $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

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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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.