
Cheap Homes for Rent near Clear Lake, SD from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Clear Lake.


811 7th St, Unit 2

725 6th Ave S, Unit 13

710 18th St S
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.

308 4th St SE

350 Mound Ave

513 Elm Ave, Unit 108

708 18th St S
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.
Clear Lake, SD Local Guide

How much does it cost to rent a home in Clear Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Clear Lake 2 Bedroom Homes for Rent | $1,148 | $1,000 | $1,400 |
| Clear Lake 3 Bedroom Homes for Rent | $2,486 | $1,125 | $10,000+ |
| Clear Lake 4 Bedroom Homes for Rent | $1,950 | $1,800 | $2,100 |
| Clear Lake 5 Bedroom Homes for Rent | $2,700 | $1,600 | $3,800 |
Browse Top Homes for Rent in Clear Lake
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Clear Lake, SD Local Guide
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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. Suite Liv'n - Marshall in the Downtown Marshall 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 Clear Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mary's Heights Apartments | 1 Bed, 1 bath | 1BR,1BA | $455 |
| Suite Liv'n - Marshall | One Bedroom | 1BR,1BA | $775 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $840 |
Best Value Apartments for Rent in Clear Lake, SD and Nearby
As of July 12, 2026 the best value apartment in the Clear Lake area is the $0.99 price per square foot 3 Bedroom Model at Lake Area Townhomes in the starting from $1,535. The second greatest value Clear Lake apartment is the Voyager H Model at Innovation Village starting at $1,820 with a $1.27 price per square foot in the Downtown Brookings neighborhood. Here is today’s list of the best values for Clear Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lake Area Townhomes | 3 Bedroom | 3BR,2.5BA | $0.99 |
| Innovation Village | Voyager H | 3BR,2BA | $1.27 |
| Paris Park Townhomes | Two Bedroom, Handicap | 2BR,1.5BA | $0.85 |
| Mary's Heights Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.60 |
| Campus View | 4 Bed + 2 Bath | 4BR,2BA | $1.22 |
| 100 W 10th St | 2x1.5 | 2BR,1.5BA | $1.09 |
| SunHill Lake Norden | 3 Beds, 1 bath | 3BR,1BA | $1.18 |
| Cardinal Estates | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.09 |
| Wilkeshire Apartments | Kent | 1BR,1BA | $1.12 |
| Parkview Apartments and Townhomes | 2 bedroom apartment | 2BR,1BA | $1.20 |
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.
Best Local Schools in Clear Lake, SD
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Clear Lake
What type of rentals are currently available in Clear Lake?
There are currently 75 Apartments for Rent in Clear Lake, SD with pricing that ranges from $455 to $2,100. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clear Lake ranging from $800 to $10,000.
What is the current price range for Rental Homes in Clear Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Clear Lake ranges from $800 to $10,000 with an average monthly rent of $1,986.
How much are larger Three and Four Bedroom Rentals in Clear Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Clear Lake range from $800 to $1,840, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,125 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,350.
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

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.

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.

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.