Cheap Apartments for Rent in De Smet, SD from $455 (53 Rentals)

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

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.

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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.

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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.

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Copper Flats
1 to 3 Bedroom Apartments

Copper Flats

2415 S Capital StMitchell, SD 57301
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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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Greenridge Apartments
1 Bedroom Apartments

Greenridge Apartments

1500 N Kimball StMitchell, SD 57301
Senior Living
  • Utilities Included

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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property at 223 N Main St

$850 - $1,250

1 To 2 Bedroom Rentals

Available Now

223 N Main St

MitchellSD57301
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Southland Court
Studio to 2 Bedroom Apartments

Southland Court

818 Southland LnBrookings, SD 57006
  • Utilities Included
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Archer Flats
Studio to 2 Bedroom Apartments

Archer Flats

2308 14th Ave NEWatertown, SD 57201
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1009 Southland Ln
1 to 2 Bedroom Apartments

1009 Southland Ln

1009 Southland LnBrookings, SD 57006
  • Utilities Included
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Parkside Place
1 Bedroom Apartments

Parkside Place

8 2nd St NEWatertown, SD 57201
  • Utilities Included

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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De Smet, SD Local Guide

Cheapest Available De Smet Apartments for Rent and Nearby

 

The cheapest available apartment rental in De Smet, SD is a 1 Bed unit found at Mary's Heights Apartments priced from $455. Ashbrook Trail Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $460. Here is today’s list of the most affordable De Smet apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary's Heights Apartments1 Bed, 1 bath1BR,1BA$455
Ashbrook Trail Apartments1 Bed, 1 bath1BR,1BA$460
Copper Flats2 Bedroom 1 Bathroom2BR,1BA$621
Egan Avenue ResidenceBedroom C1BR,1BA$645
University Hills VillageUnit Type K3 - Studio/1 BA - Non SmokingStudio,1BA$850
Lake Area Townhomes1 Bedroom1BR,1BA$855
Wheatridge Apartments & TownhomesTallgrass1BR,1BA$865
Edgerton PlaceEdgerton Place Phase II - StudioStudio,1BA$920
Parkview Apartments and Townhomes2 bedroom apartment2BR,1BA$950
Latitude 44The CoveStudio,1BA$955

Best Value Apartments for Rent in De Smet, SD and Nearby

As of August 29, 2026 the best value apartment in the De Smet area is the $0.89 price per square foot 3 Bedroom Townhome Model at Wheatgrass Village I in the starting from $1,465. The second greatest value De Smet apartment is the Rent Special - 3 Bed, 2 Bath Townhomes Model at Maple Pass Apartments & Townhomes starting at $1,725 with a $1.28 price per square foot . Here is today’s list of the best values for De Smet apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wheatgrass Village I3 Bedroom Townhome3BR,2.5BA$0.89
Maple Pass Apartments & TownhomesRent Special - 3 Bed, 2 Bath Townhomes3BR,2BA$1.28
Mary's Heights Apartments3 Beds, 2 baths3BR,2BA$0.60
Lake Area Townhomes1 Bedroom1BR,1BA$0.72
100 W 10th St2x1.52BR,1.5BA$1.09
Copper Flats3 Bedroom 2 Bathroom3BR,2BA$0.96
Campus View2 Bed + 2 Bath2BR,2BA$1.20
Thelin Center2 Bedroom 2 Bathroom2BR,2BA$1.22
Parkview Apartments and Townhomes2 bedroom apartment2BR,1BA$1.21
Ashbrook Trail Apartments1 Bed, 1 bath1BR,1BA$0.60

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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Quick 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.

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Best Local Schools in
De Smet, SD

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore De Smet, SD Rentals by Map

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See the most popular apartments and homes in De Smet, SD

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Frequently Asked Questions about Cheap De Smet Apartments

What is the Cheapest Studio apartment in De Smet?

Currently the most affordable Cheap Studio Apartment in De Smet is at University Hills Village listed at $850.

How much is rent for a Cheap One Bedroom De Smet Apartment?

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

What is the lowest price for a Cheap Two Bedroom De Smet Apartment for rent?

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

What is the most affordable De Smet Three Bedroom Apartment?

The best deal on a cheap De Smet 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

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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.

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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.

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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.

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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.