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Rent Specials
$645 - $7901 Bedroom Apartments Available Now
Egan Avenue Residence
703-709 Egan Ave NMadison, SD 57042
Cheap Apartments for Rent in Lake County, SD from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake County.
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$855 - $1,5901 to 3 Bedroom Apartments Available Now
Lake Area Townhomes
418 8th St SWMadison, SD 57042
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2 Bedroom Apartments
23752 461st Ave
23752 461st AveWentworth, SD 57075
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1 Bedroom Apartments
403 3rd Ave
403 3rd AveChester, SD 57016
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2 Bedroom Apartments
27354 461st Ave
27354 461st AveWentworth, SD 57075
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2 Bedroom Apartments
Madison Arms Apartments
1030 N Lincoln AveMadison, SD 57042
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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1 to 2 Bedroom Apartments
Heritage High Apartments
210 W Center StMadison, SD 57042
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2 to 3 Bedroom Apartments
Parkview Apartments and Townhomes
1022 NW 7th StMadison, SD 57042
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2 Bedroom Apartments
Evergreen Townhomes
1038 NE 3rd StMadison, SD 57042
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2 Bedroom Apartments
Evergreen Estates
1005 NE 4th StMadison, SD 57042
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1 to 2 Bedroom Apartments
Lincoln Arms Apartments
1036 N Lincoln AveMadison, SD 57042
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2 to 3 Bedroom Apartments
Harvest Point Apartments
511 SE 9th StMadison, SD 57042
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.
Showing Results 1-12, Page 1 of 1
Lake County, SD Local Guide
Buffalo in South Dakota by Lars Plougmann is licensed under CC BY 2.0
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 | $1,408 | $1,285 | $1,590 |
| Lake County 3 Bedroom Apartments | $1,525 | $1,460 | $1,590 |
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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. Washington Flats has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. 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 |
| Washington Flats | Studio | Studio,1BA | $1,050 |
| Lake Area Townhomes | 2 Bedroom | 2BR,2BA | $1,285 |
Best Value Apartments for Rent in Lake County, SD
As of June 01, 2026 the best value apartment in the Lake County area is the $1.03 price per square foot 2 Bedroom Model at Lake Area Townhomes in the starting from $1,285. The second greatest value Lake County apartment is the Studio Model at Washington Flats starting at $1,050 with a $2.47 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 | 2 Bedroom | 2BR,2.5BA | $1.03 |
| Washington Flats | Studio | Studio ,1BA | $2.47 |
| Egan Avenue Residence | Bedroom C | 1BR,1BA | $3.84 |
Frequently Asked Questions about Cheap Lake County Apartments
How much is rent for a Cheap One Bedroom Lake County Apartment?
The lowest price for a Cheap One Bedroom Lake County Apartment is $645 at Egan Avenue Residence.
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
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.