
Cheap Apartments for Rent in Faulkton, SD from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Faulkton.


262 2nd St SW

Missouri View Apartments

Presentation Heights

Riverview Apartments

Depot Apartments

1411 E Sioux Ave, Unit Apt F, Unit Apt F
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.

505 S Washington St

Harrison Apartments

1105 N Main St

1517 3rd Ave SE

19 7th Ave SE

1631 Olive Dr

630 S High St
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.
Faulkton, SD Local Guide

How much does it cost to rent an apartment in Faulkton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Faulkton Studio Apartments | $1,081 | $895 | $1,826 |
| Faulkton 1 Bedroom Apartments | $1,077 | $499 | $1,890 |
| Faulkton 2 Bedroom Apartments | $1,353 | $855 | $1,870 |
| Faulkton 3 Bedroom Apartments | $1,336 | $899 | $1,695 |
| Faulkton 4 Bedroom Apartments | $1,277 | $910 | $1,800 |
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Faulkton, SD Local Guide
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Cheapest Available Faulkton Apartments for Rent and Nearby
 The cheapest available apartment rental in Faulkton, SD is a 1 Bed unit found at Missouri View Apartments priced from $499. Presentation Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $708. Here is today’s list of the most affordable Faulkton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Missouri View Apartments | 1 BD, 1 BA Layout | 1BR,1BA | $499 |
| Presentation Heights | 50% 1x1 | 1BR,1BA | $708 |
| Highlands Ridge Apartments | 1 Bed 1 Bath | 573 sqft | 1BR,1BA | $1,025 |
| Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $1,050 |
| Prairie Vista Apartments - New Leasing Incentives! | 1bd1ba 1st & 2nd Floors 677sf | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Faulkton, SD and Nearby
As of April 29, 2026 the best value apartment in the Faulkton 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 Faulkton apartment is the 2 BEDROOM LAYOUT Model at Missouri View Apartments starting at $999 with a $1.33 price per square foot . Here is today’s list of the best values for Faulkton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wheatgrass Village I | 3 Bedroom Townhome | 3BR,2.5BA | $0.89 |
| Missouri View Apartments | 2 BEDROOM LAYOUT | 2BR,1BA | $1.33 |
| Prairie Vista Apartments - New Leasing Incentives! | 1bd1ba 1st & 2nd Floors 677sf | 1BR,1BA | $1.62 |
| Dakota Estates | DEII Cyprus | 1BR,1BA | $1.64 |
| Highlands Ridge Apartments | 1 Bed 1 Bath | 573 sqft | 1BR,1BA | $1.82 |
| Presentation Heights | 50% 1x1 | 1BR,1BA | $1.27 |
| Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $1.91 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Cheap Faulkton Apartments
How much is rent for a Cheap One Bedroom Faulkton Apartment?
The lowest price for a Cheap One Bedroom Faulkton Apartment is $499 at Missouri View Apartments.
What is the lowest price for a Cheap Two Bedroom Faulkton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Faulkton is starting from $999 at Missouri View Apartments.
What is the most affordable Faulkton Three Bedroom Apartment?
The best deal on a cheap Faulkton Three Bedroom Apartment rental is at Missouri View Apartments and starts from $899.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.