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.
802 Rosilee Ln
Rapid CitySD57701
628 1/2 6th St
Rapid CitySD57701
2710 W Rapid St
Rapid CitySD57702
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.
1305 Dakota Dr
Ellsworth Air Force BaseSD57719
3410 Cypress St
Rapid CitySD57701
25 St Charles St
Rapid CitySD57701
424 Adams St
Rapid CitySD57701
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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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 | $1,459 | $695 | $2,000 |
| Hot Springs 3 Bedroom Homes for Rent | $1,871 | $1,350 | $2,950 |
| Hot Springs 4 Bedroom Homes for Rent | $2,327 | $1,500 | $2,950 |
| Hot Springs 5 Bedroom Homes for Rent | $2,789 | $2,300 | $4,000 |
Browse Top Homes for Rent in Hot Springs
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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 Studio unit found at Mesa Flats priced from $850. Bridgewood Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here is today’s list of the most affordable Hot Springs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mesa Flats | Unfurnished Studio | Studio,1BA | $850 |
| Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $870 |
| Moonlight Apartment Complex | Studio | Studio,1BA | $975 |
Best Value Apartments for Rent in Hot Springs, SD and Nearby
As of May 29, 2025 the best value apartment in the Hot Springs area is the $1.46 price per square foot DUR 3x2 Model at The Pines in the starting from $1,849. 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 | DUR 3x2 | 3BR,2BA | $1.46 |
| Stonegate Community | 3 Beds, 2 baths | 3BR,2BA | $1.27 |
| Johnson Ranch Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.27 |
| The Place at Estes Park | Two Bed Two Bath | 2BR,2BA | $1.08 |
| Country Bluff Apartments | The Lincoln | 2BR,1BA | $1.37 |
| Canyon Lake Apartments | B2 | 2BR,1BA | $1.52 |
| The Altitude Villas | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.68 |
| Bridgewood Estates | Open living space + spacious master | 1BR,1BA | $1.18 |
| Candlewood Apartments | 1 Bedroom | 1BR,1BA | $1.43 |
| Creekside Heights Apartments, LLC | Efficiency | Studio ,1BA | $1.49 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Hot Springs
What type of rentals are currently available in Hot Springs?
There are currently 44 Apartments for Rent in Hot Springs, SD with pricing that ranges from $497 to $4,300. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hot Springs ranging from $695 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 $695 to $4,000 with an average monthly rent of $1,896.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.