
Cheap Apartments for Rent in Frederick, SD from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Frederick.


262 2nd St SW

200 7th Ave

328 Dewey St

Gwinner I & II Apartments

Oakes I & II Apartments
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.

19 7th Ave SE

2119 4th Ave SE

Depot Apartments

Prairie Springs Apartments
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.
Frederick, SD Local Guide

How much does it cost to rent an apartment in Frederick?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Frederick Studio Apartments | $823 | $715 | $932 |
Frederick 1 Bedroom Apartments | $885 | $700 | $1,051 |
Frederick 2 Bedroom Apartments | $1,067 | $775 | $1,565 |
Frederick 3 Bedroom Apartments | $1,196 | $900 | $1,444 |
Browse Top Apartments in Frederick
See all Apartments in FrederickExplore Frederick
Frederick, SD Local Guide
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Cheapest Available Frederick Apartments for Rent and Nearby
 The cheapest available apartment rental in Frederick, SD is a 1 Bed unit found at Gwinner I & II Apartments priced from $700. Aberdeen Communities has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Frederick apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $700 |
Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $975 |
Dakota Estates | DEIII Cedar | 2BR,2BA | $1,511 |
Best Value Apartments for Rent in Frederick, SD and Nearby
As of October 14, 2025 the best value apartment in the Frederick area is the $1.48 price per square foot DEIII Cedar Model at Dakota Estates in the starting from $1,511. The second greatest value Frederick apartment is the 624 8th Ave SE Model at 624 8th Ave SE, Unit 4 starting at $775 with a $0.97 price per square foot . Here is today’s list of the best values for Frederick apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Dakota Estates | DEIII Cedar | 2BR,2BA | $1.48 |
624 8th Ave SE, Unit 4 | 624 8th Ave SE | 2BR,1BA | $0.97 |
Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $1.10 |
Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $1.77 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Frederick, SD
Walk Score®
14 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
28 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Frederick Apartments
How much is rent for a Cheap One Bedroom Frederick Apartment?
The lowest price for a Cheap One Bedroom Frederick Apartment is $700 at Gwinner I & II Apartments.
What is the lowest price for a Cheap Two Bedroom Frederick Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Frederick is starting from $825 at Gwinner I & II Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.