
Cheap Homes for Rent near Clear Lake, SD from $695 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Clear Lake.


510 4th Ave N

104 W Main St
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.

917 12th Ave NW

270 US-59

232 Fremont St S
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.

300 Medary Ave S
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 | $1,060 | $775 | $1,450 |
| Clear Lake 3 Bedroom Homes for Rent | $2,081 | $995 | $10,000+ |
| Clear Lake 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| 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. Beardsley Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. 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 |
| Beardsley Apartments | Two Bedroom | 2BR,1BA | $700 |
| Wildwood Apartments | 1BR/1.0BA | 1BR,1BA | $725 |
Best Value Apartments for Rent in Clear Lake, SD and Nearby
As of August 27, 2026 the best value apartment in the Clear Lake area is the $0.73 price per square foot Two Bedroom 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 3 Beds, 2 baths Model at Mary's Heights Apartments starting at $800 with a $0.60 price per square foot . 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. |
|---|---|---|---|
| Paris Park Townhomes | Two Bedroom | 2BR,1.5BA | $0.73 |
| Mary's Heights Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.60 |
| Beardsley Apartments | Two Bedroom | 2BR,1BA | $0.58 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $0.72 |
| Innovation Village | Main L | 1BR,1BA | $1.40 |
| 100 W 10th St | 2x1.5 | 2BR,1.5BA | $1.09 |
| Campus View | 2 Bed + 2 Bath | 2BR,2BA | $1.20 |
| Sweetgrass Crossing | Buffalo | 2BR,2BA | $1.51 |
| Parkview Apartments and Townhomes | 2 bedroom apartment | 2BR,1BA | $1.21 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.46 |
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
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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.
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 76 Apartments for Rent in Clear Lake, SD with pricing that ranges from $455 to $2,100. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clear Lake ranging from $695 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 $695 to $10,000 with an average monthly rent of $1,792.
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 $1,905, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 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

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.