Cheap Apartments for Rent in Lake Andes, SD from $500 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 531 Korb St

$575

Total Monthly Price

Total Monthly Price

Base Rent
$575
Total Monthly Price
$575

1 Bedroom, 1 Bath Condo for Rent

Available Now

531 Korb St

ScotlandSD57059

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.

Read Article

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.

Read Article
close
View Me
Leisure Apartments
1 to 2 Bedroom Apartments

Leisure Apartments

825 E 6th StWayne, NE 68787
  • Utilities Included

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.

Read Article
close
View Me
Greenridge Apartments
1 Bedroom Apartments

Greenridge Apartments

1500 N Kimball StMitchell, SD 57301
Senior Living
  • Utilities Included

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.

Read Article
Showing Results 1-26, Page 1 of 1

Lake Andes, SD Local Guide

Cheapest Available Lake Andes Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Andes, SD is a 1 Bed unit found at Egan Avenue Residence priced from $645. 814 E Highway 44 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Lake Andes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Egan Avenue ResidenceBedroom C1BR,1BA$645
814 E Highway 44Lamro Units1BR,1BA$675
Erin Apartments2 Beds, 1 bath2BR,1BA$750
The LinksStudioStudio,1BA$850
Wheatridge Apartments & TownhomesTallgrass1BR,1BA$865
The Apartment Place1BR/1BA1BR,1BA$895
Flats on HavensHurstStudio,1BA$929
Edgerton PlaceEdgerton Place Phase I - 1 Bed 1 Bath1BR,1BA$945
Maple Apartments LLCUnit 61BR,1BA$950
Washington FlatsStudioStudio,1BA$1,050

Best Value Apartments for Rent in Lake Andes, SD and Nearby

As of June 10, 2026 the best value apartment in the Lake Andes area is the $1.16 price per square foot 2 Beds, 1 bath Model at 414 W Phillip Ave in the starting from $1,450. The second greatest value Lake Andes apartment is the 2 Bedroom Model at Lake Area Townhomes starting at $1,285 with a $1.03 price per square foot . Here is today’s list of the best values for Lake Andes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
414 W Phillip Ave2 Beds, 1 bath2BR,1BA$1.16
Lake Area Townhomes2 Bedroom2BR,2.5BA$1.03
Westbrook Estates I2 Bed 1 Bath2BR,1BA$1.15
Erin Apartments4 Beds, 2 baths4BR,2BA$1.40
The Hill2 Bedroom Apartment W/D2BR,1BA$1.41
Fox Run Townhomes1 Bedroom 1 Bathroom - Phase I1BR,1BA$1.36
The Apartment Place1BR/1BA1BR,1BA$1.07
Prairie Park Apartments1 Bed, 1 Bath1BR,1BA$1.52
Maple Apartments LLCUnit 61BR,1BA$1.36
814 E Highway 44Lamro Units1BR,1BA$0.99

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Lake Andes, SD Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lake Andes, SD

View Map
Lake Andes, SD Apartments Map
View Map
Lake Andes, SD Rental Homes Map

Frequently Asked Questions about Cheap Lake Andes Apartments

What is the Cheapest Studio apartment in Lake Andes?

Currently the most affordable Cheap Studio Apartment in Lake Andes is at The Links listed at $850.

How much is rent for a Cheap One Bedroom Lake Andes Apartment?

The lowest price for a Cheap One Bedroom Lake Andes Apartment is $645 at Egan Avenue Residence.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Andes is starting from $750 at Erin Apartments.

What is the most affordable Lake Andes Three Bedroom Apartment?

The best deal on a cheap Lake Andes Three Bedroom Apartment rental is at Erin Apartments and starts from $1,000.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.