Cheap Homes for Rent in Lake Andes, SD from $500 (7 Rentals)

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Search the lowest-cost Homes 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.

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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.

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

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

As of June 11, 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.

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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.

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

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Frequently Asked Questions about Lake Andes

What type of rentals are currently available in Lake Andes?

There are currently 42 Apartments for Rent in Lake Andes, SD with pricing that ranges from $645 to $1,975. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Andes ranging from $575 to $2,150.

What is the current price range for Rental Homes in Lake Andes?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Andes ranges from $575 to $2,150 with an average monthly rent of $1,168.

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.

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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.