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Cheap Apartments for Rent in Hot Springs, SD from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Hot Springs.
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$485Studio Apartments Contact Us For Availability
Robbinsdale Heights 1
425 E Fairlane DrRapid City, SD 57701
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Rent Specials
$590 - $1,0751 to 2 Bedroom Apartments Available Now
The Place at Estes Park
1230 Estes Park CtRapid City, SD 57701
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$795 - $1,1951 to 2 Bedroom Apartments Contact Us For Availability
318 National St
318 National StRapid City, SD 57702
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$870 - $1,2051 to 3 Bedroom Apartments Available Now
Bridgewood Estates
415 E Minnesota StRapid City, SD 57701
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Rent Specials
$895 - $2,675Studio to 3 Bedroom Apartments Available Now
Shepherd Hills Commons
2109 E Anamosa StRapid City, SD 57703
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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Rent Specials
$935 - $1,340Studio to 2 Bedroom Apartments Available Now
BG Flats Apartments
3200 Jaffa Garden -1Rapid City, SD 57703
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$950 - $1,800Studio to 2 Bedroom Apartments Available Now
Enchanted Pines
4815 5th StRapid City, SD 57701
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$975 - $1,400Studio to 2 Bedroom Apartments Available Now
Moonlight Apartment Complex
1050 Valley DrRapid City, SD 57703
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Rent Specials
$995 - $1,2001 to 2 Bedroom Apartments Available Now
Country Bluff Apartments
3638 5th StRapid City, SD 57701
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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$1,000 - $1,400Studio to 2 Bedroom Apartments Available Now
Orchard Meadows
3411 Jaffa Garden WayRapid City, SD 57703
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$1,000 - $1,800Studio to 3 Bedroom Apartments Available Now
Johnson Ranch Apartments
2076 Providers BlvdRapid City, SD 57703
901 4th Ave
EdgemontSD57735
Showing Results 1-14, Page 1 of 1
Hot Springs, SD Local Guide
While Stan the T-Rex currently lives in England, he is a long time South Dakota resident for the past several score million years by Gidzy is licensed under CC BY 2.0
How much does it cost to rent an apartment in Hot Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hot Springs Studio Apartments | $1,137 | $485 | $2,400 |
| Hot Springs 1 Bedroom Apartments | $1,341 | $590 | $3,200 |
| Hot Springs 2 Bedroom Apartments | $1,587 | $1,005 | $4,300 |
| Hot Springs 3 Bedroom Apartments | $1,731 | $1,205 | $2,931 |
Browse Top Apartments in Hot Springs
See all Apartments in Hot SpringsExplore Hot Springs
Hot Springs, SD Local Guide
- Nearby Cities
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Cheapest Available Hot Springs Apartments for Rent and Nearby
The cheapest available apartment rental in Hot Springs, SD is a 1 Bed unit found at The Place at Estes Park in the Downtown Rapid City neighborhood priced from $590. Mesa Flats has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Hot Springs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at Estes Park | One Bed One Bath | 1BR,1BA | $590 |
| Mesa Flats | Unfurnished Studio | Studio,1BA | $850 |
| Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $870 |
| BG Flats Apartments | Studio Apartment | Studio,1BA | $935 |
| Shepherd Hills Commons | Apartment Style Studio | Studio,1BA | $945 |
Best Value Apartments for Rent in Hot Springs, SD and Nearby
As of September 13, 2025 the best value apartment in the Hot Springs area is the $1.22 price per square foot 3/2 Model at The Pines at Rapid in the starting from $1,699. The second greatest value Hot Springs apartment is the 3 Beds, 2 baths Model at Stonegate Community starting at $1,495 with a $1.27 price per square foot . Here is today’s list of the best values for Hot Springs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Pines at Rapid | 3/2 | 3BR,2BA | $1.22 |
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| Boulder Creek Apartments | Boulder Two Bedroom | 2BR,2BA | $1.13 |
| Johnson Ranch Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.27 |
| Stoney Creek Highlands | The Gardens | 2BR,2BA | $1.44 |
| The Place at Estes Park | Two Bed One Bath | 2BR,1BA | $1.08 |
| Sheridan Lake Apartments | The Windsor | 2BR,1BA | $1.25 |
| Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $1.18 |
| Candlewood Apartments | 1 Bedroom | 1BR,1BA | $1.47 |
| Country Bluff Apartments | The Jefferson | 1BR,1BA | $1.47 |
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Best Local Schools in Hot Springs, SD
Hot Springs Elementary - 02
Hot Springs School District 23-2
Public School - Grades PK-5 (331)
5 out of 10
Hot Springs High School - 01
Hot Springs School District 23-2
Public School - Grades 9-12 (255)
3 out of 10
Hot Springs Middle School - 06
Hot Springs School District 23-2
Public School - Grades 6-8 (187)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hot Springs, SD Rentals by Map
See the most popular apartments and homes in Hot Springs, SD
Getting Around Hot Springs, SD
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
23 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Hot Springs Apartments
What is the Cheapest Studio apartment in Hot Springs?
Currently the most affordable Cheap Studio Apartment in Hot Springs is at Mesa Flats listed at $850.
How much is rent for a Cheap One Bedroom Hot Springs Apartment?
The lowest price for a Cheap One Bedroom Hot Springs Apartment is $590 at The Place at Estes Park.
What is the lowest price for a Cheap Two Bedroom Hot Springs Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hot Springs is starting from $1,005 at Bridgewood Estates.
What is the most affordable Hot Springs Three Bedroom Apartment?
The best deal on a cheap Hot Springs Three Bedroom Apartment rental is at Bridgewood Estates and starts from $1,205.
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.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.