Cheap Apartments for Rent in Groton, SD from $400 (35 Rentals)

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

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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property at 19 7th Ave SE

$815 - $975

Studio To 1 Bedroom Rentals

Available Now

19 7th Ave SE

AberdeenSD57401

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 500 7th St NE

$1,200 - $1,750

2 To 3 Bedroom Rentals

Available Jun 12

500 7th St NE

WatertownSD57201
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1631 Olive Dr
1 to 2 Bedroom Apartments

1631 Olive Dr

1631 Olive DrAberdeen, SD 57401
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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
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Parkside Place
1 Bedroom Apartments

Parkside Place

8 2nd St NEWatertown, SD 57201
  • Utilities Included
Showing Results 1-35, Page 1 of 1

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
Presentation Heights50% 1x11BR,1BA$708
Aberdeen Communities1 BED 1BATH1BR,1BA$1,050
Generations on 1st1BR/1.0BA1BR,1BA$1,055
Archer Flats2 Bedroom Townhome2BR,1BA$1,550
1501 N Grove Pl3Bed,2.5Bath3BR,2BA$1,700

Best Value Apartments for Rent in Groton, SD and Nearby

As of April 29, 2026 the best value apartment in the Groton area is the $1.13 price per square foot 3Bed,2.5Bath Model at 1501 N Grove Pl in the starting from $1,700. The second greatest value Groton apartment is the 2 Bedroom Townhome Model at Archer Flats starting at $1,550 with a $1.79 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.
1501 N Grove Pl3Bed,2.5Bath3BR,2.5BA$1.13
Archer Flats2 Bedroom Townhome2BR,1BA$1.79
Generations on 1st1BR/1.0BA1BR,1BA$1.46
Gwinner I & II Apartments1 br/ 1 bath1BR,1BA$1.10
221 15th St N, Unit D4221 15th St N1BR,1BA$0.74
Presentation Heights50% 1x11BR,1BA$1.27
Aberdeen Communities1 BED 1BATH1BR,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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash 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.

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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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Best Local Schools in
Groton, SD

School data provided by Great Schools

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

Explore Groton, SD Rentals by Map

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See the most popular apartments and homes in Groton, SD

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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 $700 at Gwinner I & II 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 $825 at Gwinner I & II Apartments.

What is the most affordable Groton Three Bedroom Apartment?

The best deal on a cheap Groton Three Bedroom Apartment rental is at Aberdeen Communities and starts from $1,629.

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

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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.

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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.

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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.

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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.