
Cheap Homes for Rent near Elk Point, SD from $685 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Elk Point.


509 S Railroad Ave

421 Prentis Ave

303 N Ash 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.

447 N Plum St

310 S 6th St

806 S 6th St

402 Main,
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.
Elk Point, SD Local Guide

How much does it cost to rent a home in Elk Point?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elk Point 2 Bedroom Homes for Rent | $1,142 | $685 | $1,525 |
| Elk Point 3 Bedroom Homes for Rent | $1,822 | $975 | $2,950 |
| Elk Point 4 Bedroom Homes for Rent | $1,750 | $1,200 | $2,700 |
| Elk Point 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Elk Point 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Elk Point
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Elk Point, SD Local Guide
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Cheapest Available Elk Point Apartments for Rent and Nearby
 The cheapest available apartment rental in Elk Point, SD is a 1 Bed unit found at Saracen Courts priced from $690. East Edge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here is today’s list of the most affordable Elk Point apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saracen Courts | Unit 515 | 1BR,1BA | $690 |
| East Edge Apartments | Woodbury | 1BR,1BA | $935 |
| Glen Oaks by Broadmoor | Dunes | 1BR,1BA | $945 |
Best Value Apartments for Rent in Elk Point, SD and Nearby
As of August 29, 2026 the best value apartment in the Elk Point area is the $1.14 price per square foot 2 Bedrooms / 1 1/2 Bathrooms Townhome Model at Prairiewood Apartments and Townhomes in the starting from $1,525. The second greatest value Elk Point apartment is the 3 Bed and 2.5 Bath Model at River Drive Townhomes starting at $1,200 with a $0.92 price per square foot . Here is today’s list of the best values for Elk Point apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prairiewood Apartments and Townhomes | 2 Bedrooms / 1 1/2 Bathrooms Townhome | 2BR,1BA | $1.14 |
| River Drive Townhomes | 3 Bed and 2.5 Bath | 3BR,2.5BA | $0.92 |
| Dakota Prairie Apartments | Two Bedroom, Two Bath | 2BR,2BA | $1.15 |
| Ridge Oaks | Evergreen | 2BR,1.5BA | $1.04 |
| Woodbury Heights | Two Bedroom | 2BR,1BA | $1.11 |
| PLUM VILLA | Unit B | 2BR,1BA | $1.25 |
| RiverPointe Apartments | 1x1 | 1BR,1BA | $1.39 |
| McCook Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| Chambers | 2 bedroom | 2BR,1BA | $1.14 |
| Wellington At The Dunes | Open living space + spacious master with vaulte... | 1BR,1BA | $1.31 |
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.
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Best Local Schools in Elk Point, SD
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Frequently Asked Questions about Elk Point
What type of rentals are currently available in Elk Point?
There are currently 45 Apartments for Rent in Elk Point, SD with pricing that ranges from $690 to $2,751. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk Point ranging from $685 to $3,000.
What is the current price range for Rental Homes in Elk Point?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elk Point ranges from $685 to $3,000 with an average monthly rent of $1,512.
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.