
Cheap Apartments for Rent in Keystone, SD from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Keystone.


Robbinsdale Heights

Total Monthly Price
The Place at Hainesway

Civic Plaza Apartments

Bridgewood Estates

Canyon Lake Apartments

Ponderosa Apartments
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.

Enchanted Pines

BG Flats Apartments

Candlewood Apartments

Johnson Ranch Apartments

Orchard Meadows

KC Lofts

Sedona Flats
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.

Copper Ridge Apartments

Creekside Heights Apartments, LLC

Prairie Tree Apartments

Total Monthly Price
Boulder Creek Apartments

Split Creek Commons

Country Bluff Apartments

The VUE at Catron
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.

Red Rock Apartments

811 6th St

1213 Quincy St

104 Philadelphia St

Rapid Creek Apartments

318 National St

Boulder Creek Estates
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.

107 Gumbo Dr

216 E Denver St

517 E Saint Patrick St
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 | $1,097 | $655 | $1,611 |
| Keystone 1 Bedroom Apartments | $1,271 | $547 | $2,278 |
| Keystone 2 Bedroom Apartments | $1,483 | $726 | $3,020 |
| Keystone 3 Bedroom Apartments | $1,734 | $1,060 | $2,150 |
Browse Top Apartments in Keystone
See all Apartments in KeystoneExplore Keystone
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 1 Bed unit found at The Place at Hainesway in the Downtown Rapid City neighborhood priced from $775. Civic Plaza Apartments in the Downtown Rapid City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $865. Here is today’s list of the most affordable Keystone apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at Hainesway | One Bed, One Bath | 1BR,1BA | $775 |
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $865 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $900 |
| Canyon Lake Apartments | S1 | Studio,1BA | $920 |
| Ponderosa Apartments | Studio Units | Studio,1BA | $925 |
| Enchanted Pines | Studio | Studio,1BA | $950 |
| Candlewood Apartments | 1 Bedroom | 1BR,1BA | $985 |
| 318 National St | 2/1 | 2BR,1BA | $995 |
| Orchard Meadows | Studio | Studio,1BA | $1,000 |
| Copper Ridge Apartments | A | Studio,1BA | $1,025 |
Best Value Apartments for Rent in Keystone, SD and Nearby
As of March 22, 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 Two Bath | 2BR,2BA | $1.11 |
| Sheridan Lake Apartments | The Kensington | 2BR,2BA | $1.26 |
| Vista Pointe Apartments | 2-Bed 1 Bath | 2BR,1BA | $1.32 |
| The Pines at Rapid | 1/1 | 1BR,1BA | $1.29 |
| Johnson Ranch Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.30 |
| Country Bluff Apartments | The Lincoln | 2BR,1BA | $1.26 |
| Bridgewood Estates | Open living space + spacious master *WAITLIST* | 1BR,1BA | $1.22 |
| Civic Plaza Apartments | 2 Bedroom Garden Level | 2BR,1BA | $1.29 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 The Place at Hainesway listed at $730.
How much is rent for a Cheap One Bedroom Keystone Apartment?
The lowest price for a Cheap One Bedroom Keystone Apartment is $775 at The Place at Hainesway.
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 $849 at The Place at Hainesway.
What is the most affordable Keystone Three Bedroom Apartment?
The best deal on a cheap Keystone Three Bedroom Apartment rental is at Bridgewood Estates and starts from $1,245.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.