
Cheap Apartments for Rent in Hermosa, SD from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Hermosa.


Robbinsdale Heights 1

Shepherd Hills Commons

Bridgewood Estates

Enchanted Pines

Moonlight Apartment Complex

Johnson Ranch 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.

Orchard Meadows

Canyon Lake Apartments

Sheridan Lake Apartments

Sedona Flats

Copper Ridge Apartments

Creekside Heights Apartments, LLC

Boulder Creek Apartments
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.

Split Creek Commons

Country Bluff Apartments

Red Rock Apartments

4102 Canyon Lake Dr

1213 Quincy St

440 N Creek Dr

Lancer Court Apartments
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.

Boulder Creek Estates

107 Gumbo Dr
Hermosa, SD Local Guide

How much does it cost to rent an apartment in Hermosa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hermosa Studio Apartments | $1,093 | $610 | $1,687 |
| Hermosa 1 Bedroom Apartments | $1,316 | $547 | $2,842 |
| Hermosa 2 Bedroom Apartments | $1,520 | $726 | $3,053 |
| Hermosa 3 Bedroom Apartments | $1,768 | $1,245 | $2,813 |
Browse Top Apartments in Hermosa
See all Apartments in HermosaExplore Hermosa
Hermosa, SD Local Guide
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Cheapest Available Hermosa Apartments for Rent and Nearby
 The cheapest available apartment rental in Hermosa, SD is a 1 Bed unit found at The Place at Estes Park in the Downtown Rapid City neighborhood priced from $547. Bridgewood Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Hermosa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at Estes Park | One Bed One Bath - HOME Unit | 1BR,1BA | $547 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $900 |
| Enchanted Pines | Studio | Studio,1BA | $950 |
| Moonlight Apartment Complex | Studio | Studio,1BA | $995 |
| Orchard Meadows | Studio | Studio,1BA | $1,000 |
Best Value Apartments for Rent in Hermosa, SD and Nearby
As of February 06, 2026 the best value apartment in the Hermosa area is the $1.27 price per square foot 3 Beds, 2 baths Model at Stonegate Community in the starting from $1,495. The second greatest value Hermosa apartment is the 2 Bedroom 2 Bathroom Apartment Model at BG Flats Apartments starting at $1,258 with a $1.27 price per square foot . Here is today’s list of the best values for Hermosa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| BG Flats Apartments | 2 Bedroom 2 Bathroom Apartment | 2BR,2BA | $1.27 |
| The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.11 |
| Sheridan Lake Apartments | The Kensington | 2BR,2BA | $1.26 |
| Vista Pointe Apartments | 2-Bed 1 Bath | 2BR,1BA | $1.32 |
| The Pines at Rapid | 1/1 | 1BR,1BA | $1.29 |
| Johnson Ranch Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.30 |
| The Altitude 2 | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.43 |
| Prairie Tree Apartments | 2A | 2BR,1BA | $1.40 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.22 |
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 ArticleThe 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.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hermosa, SD Rentals by Map
See the most popular apartments and homes in Hermosa, SD
Frequently Asked Questions about Cheap Hermosa Apartments
What is the Cheapest Studio apartment in Hermosa?
Currently the most affordable Cheap Studio Apartment in Hermosa is at Enchanted Pines listed at $950.
How much is rent for a Cheap One Bedroom Hermosa Apartment?
The lowest price for a Cheap One Bedroom Hermosa Apartment is $547 at The Place at Estes Park.
What is the lowest price for a Cheap Two Bedroom Hermosa Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hermosa is starting from $1,040 at The Place at Estes Park.
What is the most affordable Hermosa Three Bedroom Apartment?
The best deal on a cheap Hermosa Three Bedroom Apartment rental is at Bridgewood Estates and starts from $1,245.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.