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


Mary's Heights Apartments

262 2nd St SW

Total Monthly Price
221 15th St N, Unit D4

Oakes I & II Apartments

Gwinner I & II Apartments

182 3rd St NE
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.

307 11th Ave NW

Depot Apartments

505 S Washington St

The Oaks

1631 Olive Dr

630 S High St

179 8th St NE
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

How much does it cost to rent an apartment in Groton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Groton Studio Apartments | $953 | $866 | $1,062 |
| Groton 1 Bedroom Apartments | $1,379 | $455 | $10,000+ |
| Groton 2 Bedroom Apartments | $1,434 | $545 | $6,300 |
| Groton 3 Bedroom Apartments | $1,328 | $800 | $1,795 |
| Groton 4 Bedroom Apartments | $1,266 | $910 | $1,810 |
Browse Top Apartments in Groton
See all Apartments in GrotonExplore Groton
Groton, SD Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mary's Heights Apartments | 1 Bed, 1 bath | 1BR,1BA | $455 |
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $700 |
| Archer Flats | Efficiency | Studio,1BA | $925 |
| Marketplace Apartments | B | 1BR,1BA | $1,005 |
| Generations on 1st | 1BR/1.0BA | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mary's Heights Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.60 |
| Wilkeshire Apartments | Ashford | 2BR,1BA | $1.19 |
| The Oaks | 2 Bedroom | 2BR,2BA | $1.46 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.46 |
| Marketplace Apartments | B | 1BR,1BA | $1.58 |
| Gwinner I & II Apartments | 1 br/ 1 bath | 1BR,1BA | $1.10 |
| 221 15th St N, Unit D4 | 221 15th St N | 1BR,1BA | $0.81 |
| Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $2.00 |
| Archer Flats | Efficiency | Studio ,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.
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.
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.
Best Local Schools in Groton, SD
Groton Area Elementary - 02
Groton Area High School - 01
Groton Area Middle School - 04
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Groton, SD Rentals by Map
See the most popular apartments and homes in Groton, SD
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

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.

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.

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.

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.