
Cheap Apartments for Rent in Lake County, SD from $645 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake County.


Egan Avenue Residence

Lake Area Townhomes

23752 461st Ave
Rent According to Income: A Look at Income-Restricted Rentals
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403 3rd Ave

27354 461st Ave

Heritage High Apartments

Evergreen Townhomes
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Evergreen Estates
Lake County, SD Local Guide

How much does it cost to rent an apartment in Lake County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake County Studio Apartments | $1,050 | $1,050 | $1,050 |
| Lake County 1 Bedroom Apartments | $858 | $645 | $1,199 |
| Lake County 2 Bedroom Apartments | $1,227 | $950 | $1,590 |
| Lake County 3 Bedroom Apartments | $1,390 | $1,150 | $1,590 |
Browse Apartments in Lake County
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Cheapest Available Lake County Apartments for Rent
 The cheapest available apartment rental in Lake County, SD is a 1 Bed unit found at Egan Avenue Residence priced from $645. Lake Area Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here is today’s list of the most affordable Lake County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Egan Avenue Residence | Bedroom C | 1BR,1BA | $645 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $855 |
| Parkview Apartments and Townhomes | 2 bedroom apartment | 2BR,1BA | $950 |
Best Value Apartments for Rent in Lake County, SD
As of August 30, 2026 the best value apartment in the Lake County area is the $0.72 price per square foot 1 Bedroom Model at Lake Area Townhomes in the starting from $855. The second greatest value Lake County apartment is the 2 bedroom apartment Model at Parkview Apartments and Townhomes starting at $950 with a $1.21 price per square foot . Here is today’s list of the best values for Lake County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $0.72 |
| Parkview Apartments and Townhomes | 2 bedroom apartment | 2BR,1BA | $1.21 |
| Washington Flats | Studio | Studio ,1BA | $2.47 |
| Egan Avenue Residence | Bedroom C | 1BR,1BA | $3.84 |
Frequently Asked Questions about Cheap Lake County Apartments
What is the price of a cheap apartment in Lake County?
The cheapest apartment in Lake County is Egan Avenue Residence which is listed at $645, while the average apartment in Lake County costs $1,100.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.