
Cheap Homes for Rent in Frederick, SD from $400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Frederick.


262 2nd St SW

328 Dewey St
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.

200 7th Ave

118 2nd St

211 N Washington 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.

324 4th Ave SW
Frederick, SD Local Guide

How much does it cost to rent a home in Frederick?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Frederick 2 Bedroom Homes for Rent | $1,215 | $1,215 | $1,215 |
Frederick 3 Bedroom Homes for Rent | $1,850 | $1,200 | $2,500 |
Browse Top Homes for Rent in Frederick
Explore Frederick
Frederick, SD Local Guide
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Cheapest Available Frederick Apartments for Rent and Nearby
 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 |
Best Value Apartments for Rent in Frederick, SD and Nearby
As of October 15, 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 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Frederick, SD Rentals by Map
See the most popular apartments and homes in Frederick, SD
Frequently Asked Questions about Frederick
What type of rentals are currently available in Frederick?
There are currently 16 Apartments for Rent in Frederick, SD with pricing that ranges from $700 to $1,565. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frederick ranging from $425 to $2,500.
What is the current price range for Rental Homes in Frederick?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Frederick ranges from $425 to $2,500 with an average monthly rent of $1,250.
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.