901 4th Ave
EdgemontSD57735
Cheap Homes for Rent in Hot Springs, SD from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Hot Springs.
104 Philadelphia St
Rapid CitySD57701
438 E Idaho St
Rapid CitySD57701
205.5 E Watertown St
Rapid CitySD57701
136 St Anne St
Rapid CitySD57701
3422 Idlewild Ct
Rapid CitySD57702
314 E Adams St
Rapid CitySD57701
3410 Cypress St
Rapid CitySD57701
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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 a home in Hot Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hot Springs 2 Bedroom Homes for Rent | $1,476 | $650 | $2,300 |
| Hot Springs 3 Bedroom Homes for Rent | $2,100 | $1,500 | $2,500 |
| Hot Springs 4 Bedroom Homes for Rent | $2,299 | $1,300 | $3,500 |
| Hot Springs 5 Bedroom Homes for Rent | $3,100 | $2,200 | $4,000 |
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Hot Springs, SD Local Guide
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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 |
Best Value Apartments for Rent in Hot Springs, SD and Nearby
As of September 04, 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 |
| 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 Two Bath | 2BR,2BA | $1.11 |
| Orchard Meadows | One Bedroom | 1BR,1BA | $1.19 |
| Candlewood Apartments | 2 Bedroom | 2BR,1BA | $1.24 |
| The Altitude 2 | 1 bedroom 1 bathroom | 1BR,1BA | $1.43 |
| Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $1.18 |
| 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
Frequently Asked Questions about Hot Springs
What type of rentals are currently available in Hot Springs?
There are currently 45 Apartments for Rent in Hot Springs, SD with pricing that ranges from $485 to $4,300. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hot Springs ranging from $650 to $4,000.
What is the current price range for Rental Homes in Hot Springs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hot Springs ranges from $650 to $4,000 with an average monthly rent of $2,243.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.