Cheap Apartments for Rent in Groton, SD from $400 (14 Rentals)

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

property at 1045 E 3rd St

$400

Total Monthly Price

Total Monthly Price

Base Rent
$400

Total Monthly Price
$400

1 Bedroom, 1 Bath Home for Rent

Available Now

1045 E 3rd St

RedfieldSD57469
property at 262 2nd St SW

$490

Total Monthly Price

Total Monthly Price

Base Rent
$490

Total Monthly Price
$490

1 Bedroom, 1 Bath Home for Rent

Available Now

262 2nd St SW

FormanND58032

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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1631 Olive Dr
1 to 2 Bedroom Apartments

1631 Olive Dr

1631 Olive DrAberdeen, SD 57401
  • Utilities Included
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630 S High St
Studio to 2 Bedroom Apartments

630 S High St

630 S High StAberdeen, SD 57401
  • 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.

Groton, SD Local Guide

Cheapest Available Groton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Groton, SD is a 1 Bed unit found at Mary's Heights Apartments priced from $455. Gwinner I & II Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Groton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary's Heights Apartments1 Bed, 1 bath1BR,1BA$455
Gwinner I & II Apartments1 br/ 1 bath1BR,1BA$700
Archer FlatsEfficiencyStudio,1BA$925
Marketplace ApartmentsB1BR,1BA$1,005
Generations on 1st1BR/1.0BA1BR,1BA$1,055

Best Value Apartments for Rent in Groton, SD and Nearby

As of June 13, 2026 the best value apartment in the Groton area is the $0.60 price per square foot 3 Beds, 2 baths Model at Mary's Heights Apartments in the starting from $800. The second greatest value Groton apartment is the Ashford Model at Wilkeshire Apartments starting at $1,200 with a $1.19 price per square foot . Here is today’s list of the best values for Groton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mary's Heights Apartments3 Beds, 2 baths3BR,2BA$0.60
Wilkeshire ApartmentsAshford2BR,1BA$1.19
The Oaks2 Bedroom2BR,2BA$1.46
Generations on 1st1BR/1.0BA1BR,1BA$1.46
Marketplace ApartmentsB1BR,1BA$1.58
Gwinner I & II Apartments1 br/ 1 bath1BR,1BA$1.10
221 15th St N, Unit D4221 15th St N1BR,1BA$0.81
Aberdeen Communities1 BED 1BATH1BR,1BA$2.00
Archer FlatsEfficiencyStudio ,1BA$2.66

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

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Frequently Asked Questions about Cheap Groton Apartments

How much is rent for a Cheap One Bedroom Groton Apartment?

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

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

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

What is the most affordable Groton Three Bedroom Apartment?

The best deal on a cheap Groton 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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.