Cheap Apartments for Rent in Clear Lake, SD from $300 (65 Rentals)

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

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.

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.

property at 401 E Thomas Ave

$1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

401 E Thomas Ave, Unit 3

401 E Thomas Ave
MarshallMN56258

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.

property at 710 18th St S

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

710 18th St S

BensonMN56215
property at 350 Mound Ave

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Aug 15

350 Mound Ave

BalatonMN56115
property at 811 7th St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

811 7th St, Unit 2

811 7th St
BrookingsSD57006
property at 513 Elm Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Townhome for Rent

Available Now

513 Elm Ave, Unit 104

513 Elm Ave
BrookingsSD57006

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.

property at 708 18th St S

$1,200 - $1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,700

Total Monthly Price
$1,200 - $1,700

2 To 3 Bedroom Homes for Rent

Available Now

708 18th St S

BensonMN56215
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Lyon County Apartments
Studio to 1 Bedroom Apartments

Lyon County Apartments

200 S 4th StMarshall, MN 56258
Senior Living
  • Utilities Included
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806 W 5th St
Studio to 1 Bedroom Apartments

806 W 5th St

806 W 5th StMorris, MN 56267
Corporate Housing
  • Utilities Included
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Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
  • Utilities Included
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Home Rite Apartments
1 to 2 Bedroom Apartments

Home Rite Apartments

126 1st St SEOrtonville, MN 56278
  • Utilities Included

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.

Clear Lake, SD Local Guide

Cheapest Available Clear Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Clear Lake, SD is a 1 Bed unit found at Mary's Heights Apartments priced from $455. Beardsley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Clear Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary's Heights Apartments1 Bed, 1 bath1BR,1BA$455
Beardsley ApartmentsOne Bedroom1BR,1BA$600
Wildwood Apartments1BR/1.0BA1BR,1BA$715
Nature's Edge Apartments1B1B MKT1BR,1BA$769
Suite Liv'n - MarshallOne Bedroom1BR,1BA$775
Cardinal Estates1 Bedroom 1 Bathroom1BR,1BA$840
Lofts at Park HillStudio - AStudio,1BA$890
Nexus Apartments233 - TIF - Studio AStudio,1BA$895
Ghent Housing1 Bed, 1 bath1BR,1BA$920
Circle Pines Apartments1 Bed, 1 bath1BR,1BA$925

Best Value Apartments for Rent in Clear Lake, SD and Nearby

As of June 20, 2026 the best value apartment in the Clear Lake area is the $0.85 price per square foot Two Bedroom, Handicap Model at Paris Park Townhomes in the in the Downtown Marshall neighborhood starting from $1,180. The second greatest value Clear Lake apartment is the Model B Model at 110 W 10th St starting at $1,595 with a $1.19 price per square foot . Here is today’s list of the best values for Clear Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paris Park TownhomesTwo Bedroom, Handicap2BR,1.5BA$0.85
110 W 10th StModel B3BR,2BA$1.19
Mary's Heights Apartments3 Beds, 2 baths3BR,2BA$0.60
Lake Area Townhomes2 Bedroom2BR,2.5BA$1.03
SunHill Lake Norden3 Beds, 1 bath3BR,1BA$1.18
Wilkeshire ApartmentsAshford2BR,1BA$1.19
Beardsley ApartmentsOne Bedroom1BR,1BA$0.67
Cardinal Estates1 Bedroom 1 Bathroom1BR,1BA$1.05
Block 100One Bedroom1BR,1BA$1.43
Wildwood Apartments1BR/1.0BA1BR,1BA$1.34

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 Clear Lake Apartments

What is the Cheapest Studio apartment in Clear Lake?

Currently the most affordable Cheap Studio Apartment in Clear Lake is at Lofts at Park Hill listed at $890.

How much is rent for a Cheap One Bedroom Clear Lake Apartment?

The lowest price for a Cheap One Bedroom Clear Lake Apartment is $455 at Mary's Heights Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Clear Lake is starting from $545 at Mary's Heights Apartments.

What is the most affordable Clear Lake Three Bedroom Apartment?

The best deal on a cheap Clear Lake Three Bedroom Apartment rental is at Mary's Heights Apartments and starts from $800.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.