
Cheap Apartments for Rent near Keystone, SD from $500 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Keystone.


Robbinsdale Heights 1

The Place at Hainesway

Civic Plaza Apartments

Bridgewood Estates

820 Holcomb Ave

Canyon Lake

Enchanted Pines

163 N 2nd St

Ponderosa Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Orchard Meadows

Sedona Flats

Johnson Ranch Apartments

Copper Ridge Apartments

BG Flats Apartments

Creekside Heights Apartments, LLC

Sagebrush Flats

Candlewood Apartments

Country Bluff Apartments

The Elements, LLC
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
Prairie Tree

Sheridan Lake Apartments

Red Rock Apartments

Boulder Creek Apartments

The VUE at Catron

Harmony Heights

Gateway Apartments

The Pines at Rapid

Vista Pointe Apartments

Stoney Creek Highlands
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Altitude Villas 1

The Altitude Flats

Stonegate Community

Block5

Founders Park Village

Jayhawks Patio Home Apartments

The Meadows

14 E Quincy St

Rapid Creek Apartments

318 National St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

KC Lofts

904 Willsie Ave

Boulder Creek Estates

1021 Dilger Ave

2303 Walnut Dr

1923 38th St

2735 Jenny Gulch

2735.5 Jenny Gulch

108 Quincy St

13646 Twisted Pnes Trl
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.
Keystone, SD Local Guide

How much does it cost to rent an apartment in Keystone?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Keystone Studio Apartments | $1,072 | $665 | $1,588 |
| Keystone 1 Bedroom Apartments | $1,277 | $547 | $2,278 |
| Keystone 2 Bedroom Apartments | $1,460 | $726 | $3,020 |
| Keystone 3 Bedroom Apartments | $1,673 | $1,080 | $2,260 |
Browse Top Apartments in Keystone
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Keystone, SD Local Guide
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Cheapest Available Keystone Apartments for Rent and Nearby
 The cheapest available apartment rental in Keystone, SD is a 2 Beds unit found at Civic Plaza Apartments in the Downtown Rapid City neighborhood priced from $865. 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 Keystone apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $865 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $900 |
| Canyon Lake | The Teddy | Studio,1BA | $930 |
| The Place at Hainesway | Two Beds, One Bath | 2BR,1BA | $949 |
| Enchanted Pines | Studio | Studio,1BA | $950 |
| Orchard Meadows | Studio | Studio,1BA | $975 |
| Ponderosa Apartments | Studio Units | Studio,1BA | $975 |
| Copper Ridge Apartments | A | Studio,1BA | $1,025 |
| Creekside Heights Apartments, LLC | Efficiency | Studio,1BA | $1,030 |
| The Place at Estes Park | Two Bed One Bath | 2BR,1BA | $1,040 |
Best Value Apartments for Rent in Keystone, SD and Nearby
As of August 07, 2026 the best value apartment in the Keystone 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 Keystone apartment is the Brennan $1,085 Model at Founders Park Village starting at $1,478 with a $1.34 price per square foot in the Downtown Rapid City neighborhood. Here is today’s list of the best values for Keystone 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 |
| Founders Park Village | Brennan $1,085 | 2BR,2BA | $1.34 |
| The Place at Estes Park | Two Bed One Bath | 2BR,1BA | $1.08 |
| Vista Pointe Apartments | 2-Bed 1 Bath | 2BR,1BA | $1.32 |
| The Pines at Rapid | 1/1 | 1BR,1BA | $1.35 |
| Candlewood Apartments | 2 Bedroom | 2BR,1BA | $1.33 |
| The Place at Hainesway | Three Beds, One Bath | 3BR,1BA | $1.18 |
| Country Bluff Apartments | The Roosevelt | 2BR,1BA | $1.38 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.22 |
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $1.29 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Keystone, SD Rentals by Map
See the most popular apartments and homes in Keystone, SD
Frequently Asked Questions about Cheap Keystone Apartments
What is the Cheapest Studio apartment in Keystone?
Currently the most affordable Cheap Studio Apartment in Keystone is at Canyon Lake listed at $930.
How much is rent for a Cheap One Bedroom Keystone Apartment?
The lowest price for a Cheap One Bedroom Keystone Apartment is $900 at Bridgewood Estates.
What is the lowest price for a Cheap Two Bedroom Keystone Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Keystone is starting from $865 at Civic Plaza Apartments.
What is the most affordable Keystone Three Bedroom Apartment?
The best deal on a cheap Keystone Three Bedroom Apartment rental is at The Place at Hainesway and starts from $1,060.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.