Cheap Apartments for Rent in Irene, SD from $500 (20 Rentals)

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

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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Forty One Flats
1 to 4 Bedroom Apartments

Forty One Flats

8701 W 41st StSioux Falls, SD 57106

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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Irene, SD Local Guide

Cheapest Available Irene Apartments for Rent and Nearby

 

The cheapest available apartment rental in Irene, SD is a 1 Bed unit found at Forty One Flats priced from $510. Saracen Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Irene apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forty One Flats1 Bedroom 1 Bathroom1BR,1BA$510
Saracen CourtsUnit 5161BR,1BA$650
The Meadows Apartments411 1 BR1BR,1BA$775
The CommonsApartment Style StudioStudio,1BA$830
Mirada Manor ApartmentsOne Bedroom1BR,1BA$835

Best Value Apartments for Rent in Irene, SD and Nearby

As of January 15, 2026 the best value apartment in the Irene area is the $0.97 price per square foot 3 bedroom 2.5 bath Model at Central Park Village in the starting from $1,718. The second greatest value Irene apartment is the 3 Bedroom 2.5 Bathroom Townhome Model at 29 Flats starting at $1,603 with a $0.99 price per square foot in the Southwest Sioux Falls neighborhood. Here is today’s list of the best values for Irene apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Central Park Village3 bedroom 2.5 bath3BR,2.5BA$0.97
29 Flats3 Bedroom 2.5 Bathroom Townhome3BR,2.5BA$0.99
The Berg3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
Jackson Heights Apartments & Townhomes3 bdrm 2 bath - 1323 sq ft - Townhome3BR,2BA$1.00
Saddle Creek Townhomes2bd2ba2BR,2BA$0.96
41st Street Commonsb22BR,2BA$1.06
PLUM VILLAUnit B2BR,1BA$1.18
Village at Three Fountains1 Bedroom 1 Bathroom Apartment1BR,1BA$1.18
Meadow Ridge Apartments1 Bedroom1BR,1BA$1.17
Forty One Flats1 Bedroom 1 Bathroom1BR,1BA$0.85

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

Explore Irene, SD Rentals by Map

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Frequently Asked Questions about Cheap Irene Apartments

What is the Cheapest Studio apartment in Irene?

Currently the most affordable Cheap Studio Apartment in Irene is at The Commons listed at $830.

How much is rent for a Cheap One Bedroom Irene Apartment?

The lowest price for a Cheap One Bedroom Irene Apartment is $510 at Forty One Flats.

What is the lowest price for a Cheap Two Bedroom Irene Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Irene is starting from $612 at Forty One Flats.

What is the most affordable Irene Three Bedroom Apartment?

The best deal on a cheap Irene Three Bedroom Apartment rental is at Sawyer Pointe and starts from $1,295.

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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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!